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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.Originally Posted by Great-Kazoo
http://www.zerohedge.com/news/2014-0...es-are-19-2014
Food prices are up 19% in 2014 alone...
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"When law and morality contradict each other, the citizen has the cruel alternative of either losing his moral sense or losing his respect for the law." -Frederic Bastiat
"I am a conservative. Quite possibly I am on the losing side; often I think so. Yet, out of a curious perversity I had rather lose with Socrates, let us say, than win with Lenin."
― Russell Kirk, Author of The Conservative Mind
Exactly.
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...
My Feedback
"When law and morality contradict each other, the citizen has the cruel alternative of either losing his moral sense or losing his respect for the law." -Frederic Bastiat
"I am a conservative. Quite possibly I am on the losing side; often I think so. Yet, out of a curious perversity I had rather lose with Socrates, let us say, than win with Lenin."
― Russell Kirk, Author of The Conservative Mind
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
"The best argument against democracy is a five-minute conversation with the average voter." Sir Winston Churchill
“It is well for that citizenry of nation are not understand banking and money system, if they are, I believe there would be revolution before Tuesday morning.” Henry Ford
My feedback: http://www.ar-15.co/threads/33234-lt-MADDOG-gt
Wall Street ain't gonna like that.
Last edited by roberth; 04-04-2014 at 14:33.
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]
Don't be stupid!!!!!
My income is down 90% from what it was 10 years ago, be happy you are only off $3/hour
Sadly, based on real inflation figures, you are not alone.My income is down 90% from what it was 10 years ago, be happy you are only off $3/hour
My Feedback
"When law and morality contradict each other, the citizen has the cruel alternative of either losing his moral sense or losing his respect for the law." -Frederic Bastiat
"I am a conservative. Quite possibly I am on the losing side; often I think so. Yet, out of a curious perversity I had rather lose with Socrates, let us say, than win with Lenin."
― Russell Kirk, Author of The Conservative Mind
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