Destabilize the dollar, exactly what QE is doing. The current US debt is 17.5T, it will NEVER be paid off. PMs are one of a few vehicles that can be used to store real wealth for the long term.Quote:
Originally Posted by Great-Kazoo
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Destabilize the dollar, exactly what QE is doing. The current US debt is 17.5T, it will NEVER be paid off. PMs are one of a few vehicles that can be used to store real wealth for the long term.Quote:
Originally Posted by Great-Kazoo
http://www.zerohedge.com/news/2014-0...es-are-19-2014
Food prices are up 19% in 2014 alone...
Exactly.Quote:
Originally Posted by HoneyBadger
Did wages keep up?
Ha. It's almost funny. Actually it's not. It's downright depressing. I got a 1% raise, which was a cutback from 2% last year...Quote:
Originally Posted by roberth
One of the reason's for the success of the USD is that USD is the world's reserve currency and oil is traded in USD, when other countries buy oil they have to convert their money into USD,
Looks like the Russians are going to take their next step - http://www.zerohedge.com/news/2014-0...ependence-west
;)Quote:
Originally Posted by <MADDOG>
Wall Street ain't gonna like that.
At least you got a raise, I got a 3$ an hour pay cut.OTE=HoneyBadger;1572265]Ha. It's almost funny. Actually it's not. It's downright depressing. I got a 1% raise, which was a cutback from 2% last year...[/QUOTE]
My income is down 90% from what it was 10 years ago, be happy you are only off $3/hour :)Quote:
Originally Posted by beast556
Sadly, based on real inflation figures, you are not alone.Quote:
Originally Posted by hatidua