What the Genius' aren't talking about is the US Dollar
Kicking the Can is something that both political parties have learned to do exceedingly well. The left has out-maneuvered Congress by NOT ADOPTING ANY BUDGET for them to vote on. In five years? NONE... and Nobody in America Cares... why should you? Only people to care are those who expect to be repaid for holding American debt. Did you know that Woodrow Wilson borrowed $31 billion dollars to fight WW!? Did you? And do you know when America reapaid this tiny and simple debt? Answer: NEVER.. yet guess how much America has spent in rolling-over this debt??? The world is catching on to US my friends... and maybe you should rethink your original belief in why you need to own Gold and Silver... Just maybe.
With a 5.86% increase in PAAS value today alone, the market is starting to understand your point. The best is yet to come for silver. My big concern is the US without any leadership in the near term. All I can say is VOTE for the leadership you want because that is what America is getting right now!
Regarding silver and gold I am bullish and that's why I am holing my PAAS for the medium to long term. In terms of our national political leadership or lack thereof I would say that as long as Americans are not willing to collectively bite the bullet in the short term for a long term solution to our serious problems no elected official will have the courage to make the really hard decisions. We need tax increases and we need spending decreases, we need to raise social security tax and raise the retirement age.We need some limits on medical expenditures both private sector and Medicare. Not one of these things is popular but all are necessary if we want long term viability of Soc.Sec and our economy. I'm not overly optimistic at this point. GLL