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$15,000 gold price by 2025? Jim Rickards and Peter Schiff!!
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<p>[QUOTE="TheFinn, post: 4707442, member: 90102"]Flag-waving patriotism won't cut it.</p><p>If the people have the appearance of wealth and strength, when shtf they will crumbled like their iPhone packaging. As Apple puts on every one - "Designed in California / Made in China". Try to find anything at Wal-Mart made in the good 'ol USA. Not even the produce is from here.</p><p>We call people with 30-year mortgages "homeowners", and they will never fully own their homes - even if they stop siphoning the equity out of it because they will still have to pay $4,000+ per year to the government to live in their homes.</p><p>As Charles deGaul said in 1965, the people of the US have lived off of the rest of the world because Bretton-Woods gave them paper almost as good as gold. Nixon had to stop that in 1971 because everyone understood that he was right.</p><p>It is just a matter of time until the FRNs are understood to be what they really are - pieces of paper with a promise that can't be kept.</p><p>If silver goes to $500/oz., people that have some won't be rich. But they'll have something worth more than a Zimbabwe $100,000,000,000,000 note.</p><p>Every empire has its glory days before they crumble from within. This one won't last as long as the Roman Empire - things happen a lot faster now in the computer age.[/QUOTE]</p><p><br /></p>
[QUOTE="TheFinn, post: 4707442, member: 90102"]Flag-waving patriotism won't cut it. If the people have the appearance of wealth and strength, when shtf they will crumbled like their iPhone packaging. As Apple puts on every one - "Designed in California / Made in China". Try to find anything at Wal-Mart made in the good 'ol USA. Not even the produce is from here. We call people with 30-year mortgages "homeowners", and they will never fully own their homes - even if they stop siphoning the equity out of it because they will still have to pay $4,000+ per year to the government to live in their homes. As Charles deGaul said in 1965, the people of the US have lived off of the rest of the world because Bretton-Woods gave them paper almost as good as gold. Nixon had to stop that in 1971 because everyone understood that he was right. It is just a matter of time until the FRNs are understood to be what they really are - pieces of paper with a promise that can't be kept. If silver goes to $500/oz., people that have some won't be rich. But they'll have something worth more than a Zimbabwe $100,000,000,000,000 note. Every empire has its glory days before they crumble from within. This one won't last as long as the Roman Empire - things happen a lot faster now in the computer age.[/QUOTE]
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$15,000 gold price by 2025? Jim Rickards and Peter Schiff!!
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