Replies to post #33915 on GOLDBUGS AMEX Goldbugs Index (GOLD)

[griff]

Debt to GDP is rising, and the future GDP isn't looking so hot RB...Couldn't find a recent chart of the debt to to see what you mean..
http://www.efxnews.com/story/25341/imf-downgrades-2014-us-gdp-est-17-vs-20-june-weak-q1



Soo many reasons I'm bullish on Gold & Silver besides the above, I do tons of reading on the subject, both sides of the coin... It would take me forever to work up a post covering it all, with links.. I feel there will be some kind of reset within the next few years. Similar to what Mexico did in the 80's maybe, only on a much larger scale of course..

https://economics.rabobank.com/publications/2013/september/the-mexican-1982-debt-crisis/

And did you read about Bernanke's $200,000 private dinners?
2nd hand ,I know but..

At least one guest left a New York restaurant with the impression Bernanke, 60, does not expect the federal funds rate, the Fed's main benchmark interest rate, to rise back to its long-term average of around 4 percent in Bernanke's lifetime, one source who had spoken to the guest said.

http://www.reuters.com/article/2014/05/16/us-usa-fed-bernanke-insight-idUSBREA4F0OG20140516

Anyway, all just imo, and what do I know!