When do we read the I was wrong post?A fresh record high of $1921 was the top before the Central banks started banging her down.
never, it will always be 'just around the corner' for the next 50 years for sir byron.When do we read the I was wrong post?
And that was when I first started asking you why did you not buy when it was less than 300/ounce.When I first started this thread, gold had a low of 700
They're just as blind in Japan. People naturally want to believe that life will continue as they know it. The difference in Japan is that people already have a low standard of living relative to their wealth, whereas Americans tend to live beyond their incomes. That and I think Japanese are far less likely to become violent and riot when things get bad.We are living through one of the greatest fiat bubbles of all time - And you are all blind !!!!!
They're just as blind in Japan. People naturally want to believe that life will continue as they know it. The difference in Japan is that people already have a low standard of living relative to their wealth, whereas Americans tend to live beyond their incomes. That and I think Japanese are far less likely to become violent and riot when things get bad.
The thing for you, lordbyroniv, is that nobody can predict the timing on these things. Every sensible and informed person knows what's going to happen, but there's no way to know when - or what the trigger event will be. I know of at least a couple companies in Japan that are getting real estate loans like crazy, and buying all the land they can. I wish I was in a better position to face what's coming, but it is what it is.
never, it will always be 'just around the corner' for the next 50 years for sir byron.
Western nations are going bankrupt... extremist parties rising... the outcome is usually war or riots. Personally I don't know what the future looks like but I see some scary shit ahead :uhoh:
You are being boiled alive and you don't know it. Frogs being boiled slowly alive are also skeptical of their situation and over estimate their resilience. Every one of them ends up with butter on their legs. Wouldn't even doubt the last one in the pot mistakes an empty pot as an invitation that things have settled down.
Nobody wants to change their way of life, but being prepared can make a difference when things go wrong. Of course, nothing can go wrong but who knows
We are living through one of the greatest fiat bubbles of all time - And you are all blind !!!!!
It is doomed to fail and if you are paying attention you can see it happening every day. These recent news reports are clear evidence of this.
That depends on China and the other creditors. As long as it is in their interest. Remember, your country no longer belongs to you. It was sold away years ago.The euro will not be saved by germany, and the american dollar will remain even stronger the benefacto fiat standard.
Bingo. Things are quite reminiscent of the 1930s.Inflation will prevail in a big way with the trillions of dollars printed the last few years to feed the bank machine and pay the war machine,
Really ? I think it's quite clear what's a premium name. The fundamentals are always the same.Ever notice how every six months or year the definition of 'premium' changes?