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Oddlot

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Oddlot

Re: jumanji0881 post# 32359

Wednesday, 11/14/2018 7:22:36 PM

Wednesday, November 14, 2018 7:22:36 PM

Post# of 37913
Agree generally on the whole stinking mess, and that eventually the fiats will be replaced. Some people, not gold "bugs", think the dollar needs to go back on the gold standard with the quantity in Ft Knox, whatever it really is, being convertible at a high enough rate that all the "debt" is covered. The CME pres thought $7000 or so some time ago. So, 30% allocation to gold for "insurance", but what to do about risk of confiscation?? The risk is real, capital controls exist, and we are close to being a banana republic in all but name.

Sorry for the rant.

Oddlot

Stay on the right side of the cycle!

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