GOLD 0.51% $1,391.7 gold futures

ticking up nicely, page-16

  1. 33,126 Posts.
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    I wouldn't worry about it too much Simjo, nor would I rush off and buy gold because the US economy's going to crash. It won't happen, it's been predicted for years and the crash of the US dollar has been predicted for even longer.

    The US economy was far more indebted about 1950 as a % of GDP, and in the early 20th century it was the most indebted in the world.

    One of the main reasons the Great Depression occurred was because of the gold standard, so the dreamers who think it'll be back should sell their gold now.

    The US economy is good for its debt.
 
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