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12thman

10/07/10 10:29 AM

#7394 RE: Grahamber #7376

We're all going to make it through the storm. But this is going to be the largest transfer of wealth in the history of the world. Those owning gold will reap the benefits because as paper currencies drop in value people will rush to gold to protect what wealth they have. Those that aren't in gold will unfortunately suffer greatly IMO. I hope I'm wrong, but this level of government debt is unsubstainable. Social security is the largest ponzi scheme ever created and some time in the future that will be the main cause of US hyperinflation IMO. The government won't stop paying it out but they will print so much money that it continues it's downward spiral. I'm smiling holding my PCFG shares because I know my family is protected with that amount of PROVEN gold in the ground. I hope they keep it there until the gold rush starts so we can maximize our profits.