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<p>[QUOTE="Hellofthenorth, post: 1288481, member: 30988"]Look what's happening globally, the amount of debt the US has, unemployment, our credit being down graded, trade deficit. How much longer can we continue to print money, overspend, and keep taxes low? Our money is backed by "faith", not gold, how much longer will other countries have faith in our dollar? No one is confident in the economy or our government and how the country is run. Everyone is looking for handouts/freebies. How many people really beleive in the American Dream any longer? Who has enough money to retire? Yes, it is a BOLD statement, but with all the things I mentioned it's downright SCARY, no? Maybe we will all be lucky and it will be worth something, but if we continue down this same path I think trouble lies ahead. Of course this is my opinion and I hope I'm wrong. It also makes you think, why do people invest in PM's, is it to diversify or is to protect themselves from something else happening. Let me know your thoughts. </p><p>HOTN[/QUOTE]</p><p><br /></p>
[QUOTE="Hellofthenorth, post: 1288481, member: 30988"]Look what's happening globally, the amount of debt the US has, unemployment, our credit being down graded, trade deficit. How much longer can we continue to print money, overspend, and keep taxes low? Our money is backed by "faith", not gold, how much longer will other countries have faith in our dollar? No one is confident in the economy or our government and how the country is run. Everyone is looking for handouts/freebies. How many people really beleive in the American Dream any longer? Who has enough money to retire? Yes, it is a BOLD statement, but with all the things I mentioned it's downright SCARY, no? Maybe we will all be lucky and it will be worth something, but if we continue down this same path I think trouble lies ahead. Of course this is my opinion and I hope I'm wrong. It also makes you think, why do people invest in PM's, is it to diversify or is to protect themselves from something else happening. Let me know your thoughts. HOTN[/QUOTE]
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