sybnet guy
I gave a thumbs up for the sarcasm
the other parts of your post are a little less real.
the world is on the cusp of collapse.
China struggling with a property bubble and as its the only economy keeping things growing then its crucial it wont, BUT It WILL
the american's are choosing a new reserve chairperson, they want a hawk but they will elect a dove.
they cant stop making money easily available, which is easy monetary policy, the very same attitude that got the west into the strife.
the Euro zone is supposedly recovering, yet the Spanish debt just hit new highs
the rest of southern Europe is asking with cap in hand for more money
the bond yields are spreading wider as the world turns its back on the UST bond
the eastern nations are still buying physical gold
and the situation is not improving, the jobless level in America and much of Europe continues to worsen, no matter how much the figures are milked
if you are not buying gold now then you will moss the lift when it happens
they have elongated the issues as much as they can, but reality always bites
and the reality is that in the coming months the US will lose much of its purchasing power in the dollar, the inflation rates in BRICs countries is already a precursor for the states, and the rest will be written down in history as the biggest dislocation in global wealth the world has seen since the collapse of the British empire
we are now approaching a raising of the credit limit the US has, the ratings agencies are already licking wounds from before, but they will hit back, the bond yields will rise, the cost of serfvicing the massive debt the Europeans and the US have will become unrealistic, and the end game will be rampant inflation , screw the middle classes, screw anything and everything, its a survival game and the banks in the west will print to infinity more and more because to not do so will see a derivative collapse that makes 2008 look like a dry run
, I have no idea where it will end, maybe localised wars and a lot of pain, but the reality is that things are NOT WELL, and no amount of media hype will convince me or anyone else with half a brain that it is.
the reason I turned to GOLD is not because I am a gold bug, i care little for it, but i am intelligent enough that i can see in this situation that the reality is what it is, and the only safe place is not in pare, not in shares, bonds, or anything else, its in a tried and tested form of capital, and that is GOLD, always has been and always will be, no matter the forces working against it, they will run out of options, but gold is eternal.
real assets will win out and the rest is all superficial. they are masters at persuading us otherwise, but i'm all in, sold the house put it on gold and cheap cheap cheap miners. ( asnd no that is not an empotional investment, it is a calculated move into a real asset that will survive this coming sh1t storm
just waiting now, the FOMC meet will be a talk fest and they will errr on making it seem they will scale it back, maybe they might a little as lip service, but in all honesty, tell me how they can taper, and still maintain growth.
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