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SE ND | I agree with alot of your points, John. The "kill the dollar" mentality by the Feds is shameful. Actually, its down right theft from the citizens of our great country. I can't begin to state how angry it makes me to think that it is purposefully being done by those in charge.
If you happen to read this reply, John. I was wondering what your thoughts are regarding the gold market. Specifically, how Jim Rickards has recently stated that we really won't see a large rise in the gold price until China announces that it has 4000+ tons of gold. From my understanding that would be the amount of gold needed to compete with the US' gold reserves since China's economy is roughly half the size of ours. Do you see this as being a prerequisite to a large rise in gold prices (possibly a parobolic rise)? I see that China is smartly snatching up miners in Africa. Probably the smartest way to keep the gold market "tame" while secretly stockpiling gold until they announce once more how they have grown their reserves. | |
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Very Interesting read on the "money bubble"
