InvestorsHub Logo

Stinky_pinky

10/10/12 7:38 PM

#18750 RE: milo3 #18749

Pay no attention to that man behind the curtain!



Still, there is some truth to Mike's premise. Like holding a beach ball underwater, the second you quit paying attention to it...it comes popping to the surface!

Here's a little song that I feel is very a propos to the times:



Enjoy!
S~P

White Cobra

10/10/12 9:28 PM

#18751 RE: milo3 #18749

CTRL ALT DEL for Gold Standard

I think that he might have a decent premise for a very short time at best. The more money is printed, the less it is worth and thus the cascading effect will not likely last forever.

It is possible that, at some upcoming point, the currencies may be valued against silver and gold to some degree; I think this is why so many countries are now putting buying pressure on the London fix.

This being said, I think even silver and gold will soon fall to an international currency being administered by some international body like the World Bank or the IMF. The writing is on the wall if one just wishes to read it and admit to it's credence.