Real money shouldn’t have any purpose or value other than as money; it is meant to keep track of the values for other things, not to have a value of its own.
So NOW breaking the rules will cause the US to go broke? What is broke? Spending more than you earn as policy? Having permanently more liabilities than assets? Imposing taxes higher than the net gain markets can produce? By any measure the US has been broke since the 60s, and we're just NOW worrying about it? Best always. PM
I think that's Bill's point. We could get by ignoring reality in the 60's, but it is impossible to do so today. Cheaters, such as the US government, are eventually exposed for what they really are. We should be happy and really listen this time. It's the truth. Wouldn't you rather live the truth than a lie?
GOLD GOLD GOLD🎉.. I am a 3rd Generation Goldsmith, made my living for 45 years in Canada 🇨🇦; I have been investing ( speculating) in Gold mining companies since .. 1987✅🙏. The current Bull Market is Nothing that I have ever …seen🥇. About Rules based systems …WEF, Mark Carney made a gutsy speech in Davos💪👏. It’s Not a Transition, it’s A Rupture😡; Just recently…. Look at the utter nonsense DJT SPEWING about the Gordie Howe Bridge… Built entirely by Canada 🍁
Yes, people who understand this reality might as well be talking to the fence in their backyard. Trump and his true believers are incapable of comprehending and capable only of screaming, "TDS, TDS, TDS, TDS!!!" Just read here again at the end of the day.
We use the Dow to Gold ratio a lot. Have you ever considered looking at the average income to national debt level over time to see if it shows anything of value. I see a lot of people promote the stock market as having about 8 percent anula gain and that will make you a millionaire over time. With inflation at 8 percent I don't see any real gain in wealth with the stock market average?????
So NOW breaking the rules will cause the US to go broke? What is broke? Spending more than you earn as policy? Having permanently more liabilities than assets? Imposing taxes higher than the net gain markets can produce? By any measure the US has been broke since the 60s, and we're just NOW worrying about it? Best always. PM
I think that's Bill's point. We could get by ignoring reality in the 60's, but it is impossible to do so today. Cheaters, such as the US government, are eventually exposed for what they really are. We should be happy and really listen this time. It's the truth. Wouldn't you rather live the truth than a lie?
GOLD GOLD GOLD🎉.. I am a 3rd Generation Goldsmith, made my living for 45 years in Canada 🇨🇦; I have been investing ( speculating) in Gold mining companies since .. 1987✅🙏. The current Bull Market is Nothing that I have ever …seen🥇. About Rules based systems …WEF, Mark Carney made a gutsy speech in Davos💪👏. It’s Not a Transition, it’s A Rupture😡; Just recently…. Look at the utter nonsense DJT SPEWING about the Gordie Howe Bridge… Built entirely by Canada 🍁
Yes, people who understand this reality might as well be talking to the fence in their backyard. Trump and his true believers are incapable of comprehending and capable only of screaming, "TDS, TDS, TDS, TDS!!!" Just read here again at the end of the day.
... it's likely the bridge is another Trumpian deflection.
Seems many folks have yet to realize.
Whether calculating genius or genuine idiot.
Trump enjoys screwing with people's minds.
Trump regularly tosses ludicrous ideas out to obfuscate another policy in the making.
Or just to piss liberals off...
Might as well go ahead and spend my kids’ inheritance while the spending is good! …and I’m not really sure how much I’m joking with that anymore 😂😩
Solid commentary Mr Bonner, a “back to basics” reminder that the whole game is the debt and confidence in the US Dollar
We use the Dow to Gold ratio a lot. Have you ever considered looking at the average income to national debt level over time to see if it shows anything of value. I see a lot of people promote the stock market as having about 8 percent anula gain and that will make you a millionaire over time. With inflation at 8 percent I don't see any real gain in wealth with the stock market average?????