GOLD 0.51% $1,391.7 gold futures

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  1. 2,613 Posts.
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    Then keep thinking it through Dr.
    Most of those things you saw as a sign of growing affluence would be on borrowed money, and mostly not generating income.

    You keep wondering.
    Because you cannot have real sustainable growth through printing paper money.
    Things not going well? Print some more.....

    There has to be an “anchor-point”, a “reference-point” that a Countries economy must be relevent to.
    It used to be GDP, but even that has been “bastardised” in name of false news.

    Economies must have a backing.
    It has to be gold.
    It cannot be paper, that someone can just “print up some more”.
    It cannot be electronic, whereby someone can shift a decimal point using a keyboard.

    Wealth has to come from work.

    Dig up something and sell it, or make something from it you can sell.
    Trade some labour for wealth.

    But an economy has to grow at a rate that is relevent to something.

    It seems in about 1971, people werent growing wealthy quickly enough, so the “anchor” of gold backing was “cut free”.

    Now the realisation is returning.
    Remember “slow and steady wins the race”....

    Im not sure I have expressed my thoughts clearly here, but i am sure at every level,
    Expansion of your “business” has to be at a controlled, sustainable rate
 
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