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<p>[QUOTE="DrHenley, post: 1721118, member: 50741"]I don't know about other stackers, but I can explain very quickly what drives me to stack.</p><p><br /></p><p>When I look at the national debt clock, it scares the begesus out of me. </p><p><br /></p><p><a href="http://www.usdebtclock.org/index.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.usdebtclock.org/index.html" rel="nofollow">http://www.usdebtclock.org</a></p><p><br /></p><p>$188,702 in total U.S debt PER PERSON</p><p><br /></p><p>$1,092,779 in unfunded liabilities PER TAXPAYER</p><p><br /></p><p>When I try to contemplate how we will ever pay the debt, not to mention the unfunded liabilities, I just can't see how we get out of this without some kind of reset. I don't have any idea what that reset will be, but when it happens, the dollar's hegemony will be in dire jeopardy.</p><p><br /></p><p>I see only one possible way to actually pay the debt. Massive inflation. Maybe not the kind of hyper-inflation that brought down the Weimar Republic, but massive nonetheless. </p><p><br /></p><p>I am old enough to remember the debilitating effects of double digit inflation coupled with double digit interest rates. I can't imagine surviving triple digit inflation without some kind of hedge.</p><p><br /></p><p>The day to day vagaries of the silver market are really only important to me in one respect: The lower silver goes, the more I can buy...period. </p><p><br /></p><p>I relish the thought of $10 silver.[/QUOTE]</p><p><br /></p>
[QUOTE="DrHenley, post: 1721118, member: 50741"]I don't know about other stackers, but I can explain very quickly what drives me to stack. When I look at the national debt clock, it scares the begesus out of me. [URL="http://www.usdebtclock.org/index.html"]http://www.usdebtclock.org[/URL] $188,702 in total U.S debt PER PERSON $1,092,779 in unfunded liabilities PER TAXPAYER When I try to contemplate how we will ever pay the debt, not to mention the unfunded liabilities, I just can't see how we get out of this without some kind of reset. I don't have any idea what that reset will be, but when it happens, the dollar's hegemony will be in dire jeopardy. I see only one possible way to actually pay the debt. Massive inflation. Maybe not the kind of hyper-inflation that brought down the Weimar Republic, but massive nonetheless. I am old enough to remember the debilitating effects of double digit inflation coupled with double digit interest rates. I can't imagine surviving triple digit inflation without some kind of hedge. The day to day vagaries of the silver market are really only important to me in one respect: The lower silver goes, the more I can buy...period. I relish the thought of $10 silver.[/QUOTE]
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