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Silver Wheaton Corp. Message Board

  • llllorac llllorac Oct 19, 2013 10:19 AM Flag

    National debt passes $17 tril

    Obama has "Greece-ed" the skids. Not that he didn't have help, but he might as well be the driver of the Jamaican bob sled team.... And about as likely to skid off the track sometime soon. When interest rates rise just a small amount our debt service will exceed a $Tril a year. Talk all your Fibonacci patterns and moving averages you want, when the dollar starts to tank and loses it 's reserve currency status, the PM's are going to go through the roof. We will be added to the long list of ucountries that solved their debt problem by devaluing their fiat currency.

 
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