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mopower2u

07/04/12 2:47 PM

#15772 RE: JustForFun7 #15771

Youe spidey sense may be correct. The last few weeks have revealed the need for more QE with the bailout talk for Euro, lagging US employment and manufacturing.

HAPPY 4TH OF JULY USA.


LTS...shine on
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Implanting

07/04/12 3:29 PM

#15773 RE: JustForFun7 #15771

I think the fiat banking system is toast until they are forced to recalibrate the money system. There has been way too much abuse taken by the system since we went off the gold standard. Most of the countries in Europe are bankrupt. The U.S. is in dire straits. All are overleveraged and the PM's will benefit greatly in the end. I think at some point we'll see a mass exodus out of fiat money because it will be percieved as being worthless. There is absolutely no way the bankers can get away without printing huge amounts of more fiat money, because not only are the banks broke, but so are countries.

It's still taking people a while to figure this all out, but the day is coming when gold and silver are going to be recognized for the safe-havens they really are.