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<p>[QUOTE=&quot;doug444, post: 1576992, member: 38849&quot;]I would partially agree with this.&nbsp; What&#039;s happened in the past decade has decreasing relevance to what&#039;s coming.&nbsp; We are now in uncharted territory -- we have never had multi-trillion deficits, coupled with a housing crisis, coupled with interest rates artificially held near zero, coupled with Fed purchases (with nothing more than a bookkeeping entry) of the major portion of our Treasuries.&nbsp; This is all new, and each year, the &quot;new normal&quot; gets scarier and scarier.&nbsp; It is now mathematically IMPOSSIBLE to pay off the national debt, and near-impossible to even reduce it.&nbsp; The actions of our President and our Congress are not sustainable.&nbsp; Does someone want to argue that point?&nbsp; Save your breath.</p><p><br /></p><p>So the &quot;new normal&quot; is evolving, in a very disastrous direction.&nbsp; ONE thing has not changed, gold and silver are MONEY, money you don&#039;t have to apologize for (ask George Soros), money that will preserve your purchasing power when dollars hyper-inflate, when all the QE bookkeeping &quot;money&quot; explodes out of the banks.</p><p><br /></p><p>This country&#039;s supply of food, housing, medicine, and ammo will not disappear overnight.&nbsp; It will all be available for a price, by sellers who anticipate a new PM-backed currency sooner rather than later.&nbsp; This is particularly true of housing.&nbsp; I am undecided what will happen to stocks, but bonds will be toast, especially when interest rates soar to make up for a rapidly-depreciating dollar.</p><p><br /></p><p>In times to come, hard assets like housing and farms and factories will retain their utilitarian value, but in what currency I don&#039;t know.&nbsp; Paper assets = &quot;your cash ain&#039;t nothin&#039; but trash!&quot;[/QUOTE]</p><p><br /></p>

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