|
beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
 Posted - 06/18/2010 : 02:12:13
|
a long read, but worth the time and effort. A concise, yet comprehensive, description of the path we are treading along the road to hyperinflation. It all depends on how much more quantitative easing the FED instigates, as to how fast we arrive at that destination. If, as alluded, the dollar must be devalued by 98% to pay for our national debt, than you could consequently expect a revaluation of precious metals by a commensurate 50x. $62,500 an ounce gold, $925 silver. We'd all be rich, but there would be starving millions in the streets rioting, trying to wrest your preps and precious metals away from you. Are you prepared for that? Thanks for posting, John  |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
 |
|
NIA Releases 2010 U.S. Inflation Report
Forum Locked
