NCM newcrest mining limited

breaking inequality

  1. 311 Posts.
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    There is a new video on You Tube called "Breaking inequality". At the beginning you see Ronald Reagan talking to congress and trying to picture what a trillion dollars meant. The way he explained it was as follows:

    If you had a stack of $1000 bills 4 inches high in your hand you would be holding $1 million dollars. To hold a $ trillion you would have to have a stack how high ? Guess .



    67 miles high !!!!!

    In those days the US national debt was $1 trillion. It is now $16.7 trillion.

    The video talks about a US wide petition being handed in to government on 4th Sept to lobby for return to a gold standard. It is interesting.

    I think there is a good chance that gold will resume its bull market run ... Not least because Japan, Europe, UK have joined in .

 
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