I am older, slower, and have a poorer memory than almost anyone on this board. In my favor I probably know and understand more about the fed, IMF,
and other such groups than 99% of the people. I even have a reasonable understanding of REPO money, balance sheets, and of course the plunge protection team who the fed just brought on two new people today.
While it may be nice to know and understand the workings of the fed, IMS, and other such organizations that knowledge makes me no money. Invest in gold if you have five or ten years left. All fiat money dies and only the 71 Nixon/kissenger petro dollar has kept the US dollar strong. BRICKS is already working on a replacement, EU is working on a replacement for SWIFT.
When these materialize in x number of years all those trillions of dollars will head home and we will be in for big trouble. I can see gold reaching 2k in 21 and then accelerating. It is easy to believe gold reaches 5k in the mid to late 2020's. ALL FIAT CURRENCY GOES BAD. Politicians get elected by promising you things, not by telling you they are going to take away your benefits and balance the budget.
I do not want to turn this into a political board, it is and should remain a K2 board so I will not respond to any more political commentary. Let's just make money for now. When will we hear about Blue Lake?
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