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tootalljones

08/23/20 7:25 AM

#33030 RE: dukelasilvertbird #33029

precisely. We have the exact conditions we did coming out of the GFC when the bankers essentially gave (they said lent) themselves 750 billion in 2008/2009 although the money this time has been 4.6X as much, so far.

Trump wants more, and the democrats refuse because they see it as a political win. He will get his way, he always does. If they had the power, they would immediately push far far more into the system and have said so.

Trump will get inflation, and the more the better is his view, inflate or he thinks ameirica is over. republicans talk about discipline but Trump says o now you want discipline, after going in debt 22 trillion? and laughs. He would have no problem if the dollar were 30 percent lower tomorrow. Provided we get massive inflation with salaries double what they are to make the debt for americans half of what it is. We get a new currency in 10 years who cares, it won't be the first time. The rest of the world is doing it too. Buffett can see the huge profits coming into the miners because gold will continue to ascend. Everybody in the space knows silver will rocket in this scenario. GFC redux. Pierre Lassonde is who I really like and he says gold is going between 8000 to 22000, how he got that estimate I have no idea. And this was before the china flu cam along, or rather, was unleashed on america. a man modified off the shelf product.