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<p>[QUOTE="Daggarjon, post: 427014, member: 4230"]im i kind of nervous about the state of the US economy and the fate of the existing US dollar. With the buyout/takeover the the 2 main mortgage companies, and the wipeout of money folks had invested in it.. including retirement/investment portfolios. I dont think we have yet seen the last of the ripples or the fallout of the credit crunch. I thinkt he crunch was when it first started, and then it was followd by a smash, and then an explosion, and then the mushroom cloud .... IMHO we are still in the mushroom cloud faze.... its after the mushroom that most of the real damage happens..... including fallout. What else will fail? What else will the Govt bail out? More importantly where is the govt getting the billions of dollars to buy all this stuff? Print more? why not right, its free to do so (or close to it) do they borrow it.... and from whom, Chase .. WAMA or Wachovia.... or China, Japan and Russia????</p><p><br /></p><p>What happens not IF... but WHEN the last proverbial staw is broken?</p><p><br /></p><p>I will agree with your medals estimate... gold and silver will both go higher .... lots, and soon. what a bummer![/QUOTE]</p><p><br /></p>
[QUOTE="Daggarjon, post: 427014, member: 4230"]im i kind of nervous about the state of the US economy and the fate of the existing US dollar. With the buyout/takeover the the 2 main mortgage companies, and the wipeout of money folks had invested in it.. including retirement/investment portfolios. I dont think we have yet seen the last of the ripples or the fallout of the credit crunch. I thinkt he crunch was when it first started, and then it was followd by a smash, and then an explosion, and then the mushroom cloud .... IMHO we are still in the mushroom cloud faze.... its after the mushroom that most of the real damage happens..... including fallout. What else will fail? What else will the Govt bail out? More importantly where is the govt getting the billions of dollars to buy all this stuff? Print more? why not right, its free to do so (or close to it) do they borrow it.... and from whom, Chase .. WAMA or Wachovia.... or China, Japan and Russia???? What happens not IF... but WHEN the last proverbial staw is broken? I will agree with your medals estimate... gold and silver will both go higher .... lots, and soon. what a bummer![/QUOTE]
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