GOLD 0.51% $1,391.7 gold futures

Hi! Skol, Dr. Who and all, I guess there is always room for more...

  1. 3,971 Posts.
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    Hi! Skol, Dr. Who and all,

    I guess there is always room for more than one view.

    Around the tourist spots in the USA I dare say one will see lots of new cars and job adds; however, one may not see people living in their cars or tents or on the street or those on food stamp’s, but they are still there.

    As for borrowing I see no problem going into debt to manufacture washing machines and other tangible goods for sale. However, when going into debt to buy, war planes, ships, missiles, munitions and feeding the military complex to act as the worlds policemen in far flung places away from the USA I’m not so sure.

    Inflation, Money Supply, GDP, Unemployment and the Dollar - Alternate Data Series

    http://www.shadowstats.com/alternate_data

    I also believe the USA is having to spend more and more dollars to achieve each dollar of GDP!

    I’m pleased I am debt free and on my own Gold standard and have a secure income through manufacturing of tangible goods and knowing where the money is for my retirement. A lot of people in the USA and other countries may not be aware but their future spending money is tied up in one section of the US debt clock named: Unfunded liabilities! My own may well be in none interest bearing physical Gold; however, I find that preferable to the above alternative.

    To think when Barry moved into the White House the debt was around half of what it is today, now on target for 21.5 Trillion ahead of the FED meeting next week!

    http://usdebtclock.org/


    Cheers and very best regards: Andy
 
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