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Re: lilpuppy6 post# 86241

Thursday, 01/19/2012 2:42:21 PM

Thursday, January 19, 2012 2:42:21 PM

Post# of 173212
That's the plan. There will be no spending outside of gold/monetary value. Today, money is being borrowed from country to country, money that is only paying the interest on the debt. This is happening as debt is worsening by which more interest will be due. It's like interest only loans that leveled the housing market and almost brought a depression. What happens when interest rates beginning climbing? If countries can't pay their debt now, what then. The picture is so bleak today that another gold standard seems to be the only answer. LBSR is by far the greatest claims on the planet and much, much bigger than NAK could ever consider on their side of the fence. I have no explanation as to why there is no progress in Alaska; however, there certainly remains hope as NAK and FMM have nice claims right next door. Trust me when I say that something BIG will happen with LBSR someday, whether this year or next. All in my humble opinion
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