|
Central Missouri | Your points are well taken and the path you have taken for your business is a good one imo. Time will tell ...... http://www.zerohedge.com/news/feds-balance-end-2013-4-trillion
John never said this (that it would continue to infinity) ..... However, I do not agree that this will continue to infinity.. History shows that their will be a morning after. The only question is when?
What he always says is that "This will not end well" I don't see how that can be misconstrued into ...... this will continue to infinity.
Gold has not increased in value due to inflation. It is increasing due to negative real interest rates. That is the rate of inflation minus the interest paid on short term money. Which today is somewhere around inflation of 3% minus short term interest rate of .25% or 2.75% negative interest rate and this is occuring in Europe, the U.S., and many other countries. As long as this occurs with QE pm's will have a higher trajectory. jmo
Edited by ehoff 11/25/2012 10:27
 (Fed%20Balance%20Sheet%20Projected_1_0-400.jpg)
Attachments
----------------
 Fed%20Balance%20Sheet%20Projected_1_0-400.jpg (10KB - 202 downloads)
| |
|
I respectfully disagree with a key point of John Burns argument.
