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Fed's Irresponsiblity = High Gold Silver Prices?
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<p>[QUOTE="jasontheman07, post: 1134300, member: 29940"]thanks for both of your opinions.</p><p><br /></p><p>i did not know about the Debt to GDP ratio... that is very interesting indeed... in fact gives me a bit of hope that although we are trillions in debt it may sound worse than it really is... as long as we keep producing in this country right?</p><p><br /></p><p>so, what about this default you speak.. or massive deflation? is that basically the opposite of inflation and what would be the ramifications?</p><p><br /></p><p>im really hoping silver does go above $50.. but if it goes down a bit in the mean time that I will definitely be buying more, the lower it goes the more i think i will buy <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> </p><p><br /></p><p>at the least, i will know that my money is being preserved and hopefully will grow better than if it was in a dang savings account and maybe i will even make a profit LOL[/QUOTE]</p><p><br /></p>
[QUOTE="jasontheman07, post: 1134300, member: 29940"]thanks for both of your opinions. i did not know about the Debt to GDP ratio... that is very interesting indeed... in fact gives me a bit of hope that although we are trillions in debt it may sound worse than it really is... as long as we keep producing in this country right? so, what about this default you speak.. or massive deflation? is that basically the opposite of inflation and what would be the ramifications? im really hoping silver does go above $50.. but if it goes down a bit in the mean time that I will definitely be buying more, the lower it goes the more i think i will buy :D at the least, i will know that my money is being preserved and hopefully will grow better than if it was in a dang savings account and maybe i will even make a profit LOL[/QUOTE]
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