Gold at AU$44,000/oz, page-137

LOL. How many times have I heard that over the last few years? Thousands.

Well major crashes don't happen every few years. If they did, the current financial system would have been scrapped by now. But it is a fact that economies are cyclical, it is a fact that recessions occur, it is demonstrable that crashes occur and will do so in the future, and it is correct to say that debt levels are at historic highs right now. It is factual to state that every credit fuelled boom is followed by a bust.

What you are arguing is like someone at the beach who has seen a wave crash upon the shore and are saying 'that wave broke then, but another wave is not breaking right now so therefore there will be no more waves'.

Effectively you are arguing against facts, against history, against evidence, against cause and effect, against common sense, against reason.

Enjoy this moment while it lasts. You are like someone who said when Chamberlain came back with his piece of paper from Munich "See, everything is fine and dandy - there will be no new world war and there never will be!!"