Message:

<p>[QUOTE=&quot;mikem2000, post: 1658475, member: 30574&quot;]Saying debt has grown exponential since we have gotten off the gold standard is just not true.</p><p><br /></p><p>This link has a chart that shows debt vs. GDP (the correct method to measure debt).</p><p><a href="http://www.ritholtz.com/blog/2010/05/national-debt-by-president/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ritholtz.com/blog/2010/05/national-debt-by-president/" rel="nofollow">www.ritholtz.com/blog/2010/05/national-debt-by-president/</a></p><p><br /></p><p>Now I really agree with what you say about it not being certain and it is a game of probabilities.&nbsp; That is exactly how I see.&nbsp; So IMHO it us best to &quot;play&quot; those odds and diversify, to cover all the bases so to say.&nbsp; Even if you are 80% sure of doom and gloom, doesn&#039;t make sense to at least move 20% out of PM&#039;s and buy a few of those equities? You know, just in case you are wrong, it might be nice to have some of those fiat dollars to spend <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />&nbsp; YMMV[/QUOTE]</p><p><br /></p>

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