Ann: Myhree Development Underway, page-28

Lets put again some data, which supports the information of copperroad. In the table below you can see the level of the US debt since 1970. In average, each 8 years (so 2 president terms) the debt doubles. Reagan was the one who broke the 1 Trillion level, Bush junior the 10 Trillion level. Based on this, we should see the debt level at the end of 2025 above 40 billion USD (they are well on track) and probably sometimes around 2035 above 100 Billion. Its clear, that the living standard needs to go down, either by cuts in all the social spendings such as pensions, subsidies etc (not very likely) or by high inflation, which will decrease all the social spendings in real terms (very likely). So prepare for a period of elevated inflation. And the best asset class to protect the purchasing power will be commodities, in particular gold. And well managed mining companies, with good resources will shine.