Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Wow. PM prices decreasing dramatically.
>
Reply to Thread
Message:
<p>[QUOTE="InfleXion, post: 1658450, member: 29012"]Again, I am simply looking at history. Debt has been growing exponentially since we went off the gold standard. When debt grows exponentially and GDP grows linearly, if at all, the only possible outcomes are either hyperinflation or default. The only way for things not to pan out as I've described would be for debt to be paid off by non-debt based money (gold and silver) or for government spending to be cut substantially. </p><p><br /></p><p>Any of these things could happen. However, if the money printing stops then the too big to fail banks will fail (since they require debt based money injections to remain solvent), and take down the $1.7 quadrillion derivatives bubble with them. If entitlements are cut sufficiently to reverse the debt trend then half of the nation will be below the poverty line. If gold and silver are to pay off the debt then the price per oz will need to rise accordingly to cancel out the debt. </p><p><br /></p><p>To answer your question, I am not 100% certain of the outcome. It is a matter of possibilities and probabilities, cause and effect. The available paths are clear. Any thinking person can make their own deductions as to what they think is more likely.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1658450, member: 29012"]Again, I am simply looking at history. Debt has been growing exponentially since we went off the gold standard. When debt grows exponentially and GDP grows linearly, if at all, the only possible outcomes are either hyperinflation or default. The only way for things not to pan out as I've described would be for debt to be paid off by non-debt based money (gold and silver) or for government spending to be cut substantially. Any of these things could happen. However, if the money printing stops then the too big to fail banks will fail (since they require debt based money injections to remain solvent), and take down the $1.7 quadrillion derivatives bubble with them. If entitlements are cut sufficiently to reverse the debt trend then half of the nation will be below the poverty line. If gold and silver are to pay off the debt then the price per oz will need to rise accordingly to cancel out the debt. To answer your question, I am not 100% certain of the outcome. It is a matter of possibilities and probabilities, cause and effect. The available paths are clear. Any thinking person can make their own deductions as to what they think is more likely.[/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
>
Wow. PM prices decreasing dramatically.
>
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...