GOLD 0.51% $1,391.7 gold futures

very sobering reading ..., page-7

  1. 1,605 Posts.
    ".. I'm not naturally a pessimistic person, We are all dead men walking...."


    Can't get much more pessimistic than that...sorry BH! could help myself, and I am sure you have noticed my restraint over the past week.

    But seriously, I have lived in Brazil during the late '80 + 90's when there was 2,000+ % inflation p.a. It was inconvenient, but far from life threatening.

    Currently, in Brazil, an overdraft cost you 128% p.a. (if you can get approved), balances on credit cards are around 60 % p.a. etc, etc...

    And the world is not going into hyperinflation, only on the gold thread.

    Cheers, Skip
 
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