Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Silver.... & Greek debt proposal due today + Chinese stocks down
>
Reply to Thread
Message:
<p>[QUOTE="GSDykes, post: 2194572, member: 73321"]here's my 2 cents: IF Greece jumps out it will increase the value of the dollar world wide. Other nations will seek its refuge (the dollar), due to its history and security. The Chinese Yuan is pegged to the dollar! The Euro will sink but slowly stabilize, (due mostly to Germany). Our resources are strong, our military is strong, our technology is strong, our pharmaceuticals are strong, we "own" China, and we are the now world's largest producer of petroleum. We have vast reserves of coal and natural gas, fracking is producing more oil than we can use, we now export. The only negative is our own debt. With good leadership and some tightening we can manage the debt in time. Hence, the dollar should remain strong. Biblically speaking, (and I do deep studies of the Scriptures, and may offer an opinion, just an opinion!) -- gold and silver will remain very valuable even to the end, this is revealed in the Biblical text. If the U.S. is the Babylon of Revelation (with all of its riches) then we will continue to dominate world economics for at least another decade. However, if a particular religion is the Babylon, then we will simply ride her coattails, and be subject to famine and who knows what. Our moral decline is a major issue, if we decline much further, I really fear some coming judgment (much greater than 9/11). However, God is patient, and such judgment may be several decades away. Our food and environment is slowly killing us (additives, pesticides, herbicides, antibiotics, over processing, radiation, EMR's, etc). SO........gold and silver should remain attractive, but I see no big windfalls on the near horizon. Greece does not impact our economics directly, it is all filtered through the EU, which filter will enhance the dollar as insecurity mounts for awhile within the EU. Let's see if in the next election we can tighten our <span style="color: #ff0000">OWN</span> belts, and control our own budget. (Which I really think does not influence our macroeconomics much, more on a national level). If we tighten our "belts" silver should increase. As in the days of prior depressions (or economic "tightenings") silver and gold increased, the paper sank. Only the good Lord knows what will transpire. It is kind of interesting, is it not? I am out of breath. Thats my 2 cents.[/QUOTE]</p><p><br /></p>
[QUOTE="GSDykes, post: 2194572, member: 73321"]here's my 2 cents: IF Greece jumps out it will increase the value of the dollar world wide. Other nations will seek its refuge (the dollar), due to its history and security. The Chinese Yuan is pegged to the dollar! The Euro will sink but slowly stabilize, (due mostly to Germany). Our resources are strong, our military is strong, our technology is strong, our pharmaceuticals are strong, we "own" China, and we are the now world's largest producer of petroleum. We have vast reserves of coal and natural gas, fracking is producing more oil than we can use, we now export. The only negative is our own debt. With good leadership and some tightening we can manage the debt in time. Hence, the dollar should remain strong. Biblically speaking, (and I do deep studies of the Scriptures, and may offer an opinion, just an opinion!) -- gold and silver will remain very valuable even to the end, this is revealed in the Biblical text. If the U.S. is the Babylon of Revelation (with all of its riches) then we will continue to dominate world economics for at least another decade. However, if a particular religion is the Babylon, then we will simply ride her coattails, and be subject to famine and who knows what. Our moral decline is a major issue, if we decline much further, I really fear some coming judgment (much greater than 9/11). However, God is patient, and such judgment may be several decades away. Our food and environment is slowly killing us (additives, pesticides, herbicides, antibiotics, over processing, radiation, EMR's, etc). SO........gold and silver should remain attractive, but I see no big windfalls on the near horizon. Greece does not impact our economics directly, it is all filtered through the EU, which filter will enhance the dollar as insecurity mounts for awhile within the EU. Let's see if in the next election we can tighten our [COLOR=#ff0000]OWN[/COLOR] belts, and control our own budget. (Which I really think does not influence our macroeconomics much, more on a national level). If we tighten our "belts" silver should increase. As in the days of prior depressions (or economic "tightenings") silver and gold increased, the paper sank. Only the good Lord knows what will transpire. It is kind of interesting, is it not? I am out of breath. Thats my 2 cents.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Silver.... & Greek debt proposal due today + Chinese stocks down
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...