reading through your threat and I'm not amazed, really, by the simplistic approach to a matted, complicated and tangled economic situation.
How ever I would caution that investment decisions be made based in anyway on the tread's content.
The US problem is way from over therefore I would think that the gold stampede is a way off. Also the point made about inducing hyperinflation is right and wrong.
Inducement would require the US to totally debase it's currency to near worthless and then there would be deflation (already is) at a rate not seen for 70 years before the hyperinflation.
Great way to wipe out debt by the way.
Your gold stampede should happen as the USD slides, interest rates go up (like Greek bonds), and confidence in the global reserve currency plummets. At the point where the situation becomes obvious, if you haven't moved, then it will be too late.
The price increase in bullion should be staggering.
reading through your threat and I'm not amazed, really, by the...
Add to My Watchlist
What is My Watchlist?