Why the Gold Price Can Set New Records
2009 February 4
The United States has never owed so much money to the rest of the world. We manufacture very little, we borrow heavily, and we consume at rates far greater than any other nation on earth. And yet there exists a preposterous and onerously persistent philosophical bent — among the financial elite and the average citizen alike — that the United States will be able to continue to issue debt indefinitely because there will always be lenders. No belief, however, could be more fallacious or dangerous to the future of our economy and our country. gold detecting[tags] spot gold, spot gold price, gold price outlook, gold price forecast, gold[/tags]
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I hear that the Comex Gold may default in 2009 sometime because they will not be able to deliver physical gold as promised when more and more investors lose confidence in paper.
San Diego Real Estate Agent
An Inflation Bomb is in the process of being built.
The Deflation Bomb exploded last year, pieces are still in the air waiting to hit something.
When the dust settles, the inflationary fuse will have already been lit.
I’m waiting for the dust to settle.
San Diego Lawyer