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06/08/16
20:29
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Originally posted by Pythagerous
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1. Does the world have a Debt Problem? -Yes, in particular western countries.
2. Is Australia in danger of being in a Property Bubble? - yes
3. Would you say Australians in general are living Within or Beyond their means? - beyond.
4. Will the US ever be able to pay off their $19 Trillion Debt? - They'll inflate it away until they can't.
5. Is the US economy sustainable in regards to Food Stamps, health care etc? - The cost of Medicare is the main problem with the budget. The lack of full time jobs is the other problem.
6. Is there any problem with all the money printing that the US is doing? - solves a problem temporarily.
7. Have you ever owned gold as an investment? - gold shares only
8. What are your thoughts on Silver as opposed to Gold? - both going up.
9. Where do you see the price of Silver and Gold in 1 years time? - under $2000
10. Where do you see the price of silver and Gold in 5 years time? - over $2000, best I can do, so hard to predict.
11. Where are you investing your money? - nowhere atm
12. Who will win the US Election? - Hillary.
13. Is Hillary Guilty or Innocent? - I think its already been swept under the carpet.
14. Are Central Bankers and Politicians in general honest or dishonest? - they have to lie sometimes, its part of their job.
15. Of the closest 100 people you know (Family, Friends, Neighbors, Colleagues etc) How many of them would you say own physical gold, apart from jewelry. - none.
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