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originally posted by: neutronflux
a reply to: Phage
Especially if gold hits a high that motivates companies to mine the almost unlimited amount of iron, gold, and silver from asteroids.
Pick a metal that is rare and relatively consumed in mass by manufacturing.
You cannot eat gold.
If it really goes to heck in a hand basket, I think ammo and guns will be the new currency.
originally posted by: Corruptedstructure
I think the fed will trigger it raising the rates against a strong dollar in march. unless some event alters it. Soo many stock getting hit and markets still climb. More artificial rising of the bank stocks and probably oil will hold it up until then. i see the dollar starting it's long decline about mid september. QE4 eventually. Play the volatility. it's apt to get bumpy soon....1 trillion sub prime auto loans. 1.2 trillion school loans defaulting at 11-13% rate a month if i remember correctly and still 12 trillion in sub prime mortgages outstanding. USD Chart really starting to look like 1999 all over again.. but then there's always war to fix it all..