Gravscan, let me think about your sentence"Right now, the USA...

Gravscan, let me think about your sentence

"Right now, the USA housing and share markets are showing promise, and no-one I know of has argued convincingly that it's unsustainable in the short to medium term."

I am not sure what you mean by medium term... 5 years?

I honestly, honestly hope this con can go on a long time. I know it is not great for gold - from the fear factor point of view. But I am hoping gold can actually repeat its 2001 to 2007 run... at the same time the previous cherade was going on.

Gravscan, when you filter out all the noise of the US govt

unemployment down - (but actually the number IN EMPLOYMENT is way, way down and real wages fall year after year)

no inflation - (when they actually just remove food and energy and substitute OUT items that increase)

etc

You are left with so much debt it is impossible. Honestly, look at the ONE FIGURE. The DEBT. No economist on earth can figure out a QE exit strategy. If you can come up with one, you will win The Nobel Prize. There is actually no, no, no way out.

The writer of this piece gave NO EXIT strategy. He gave NO PROOF to back up his statement the QE-drip-fed patient is healing. The only proof he gave was the planet has not blown up. By his logic, 2007 was amazing, and all was great, and nothing in 2007 caused or pointed to 2008/9.

I have sat hours and hours just thinking on if there is any exit strategy possible from the QE and the debt. There is actually no exit strategy for the US. All that is happening is what wealth existed with the common man is being transferred to the top .5%. What is going on is criminal.

It can indeed go on longer. I bet even five years. Heck, maybe even 10 years. No, I dont think 10 years. When she blows, you dont want to be anywhere near the criminals that have caused this in the US or Europe.

So, my counterpoint is very simply. WHAT IS THE EXIT STRATEGY? The banksters and guys like the writer applaud the ENTRY srategy. Therefore they must have an EXIT. What is it? Define it! It is their screwed up stategy. They need to defend it. Define the exit, please