by lnrw » Sat Dec 06, 2014 6:07 am
China and India are buying a pile of gold. The US is buying a lot of debt. Currency may be coming this way, but real value, gold, is going the other way. A deflationary period is likely happening, but after that, I don't see those optimistic economic indicators as reliable. With so much US currency coming back this way, the only reliable economic indicator is inflation. Possibly hyper inflation. US currency is debt, not wealth. The more of it there is in the US proper, the more the debt will have to be paid in the US. It will be a heavy load.
Lifetime member of the NRA