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iShares Silver Trust Message Board

  • thomassupertramp thomassupertramp Jul 26, 2011 7:42 PM Flag

    deal or no deal , in the end this doesn't matter because

    the US is BROKE ! and close to being INSOLVENT and will follow GREECE in one year's time.

    either way the USD will go down . The new transition currency is GOLD / SILVER .

    Fed will come to the rescue and do the only thing they know which is PRINT more free money . inflation is also inevitable . OIL is going up no matter what.

    GOLD will see $2000 and silver $60 by year end.

    simply put , no jobs brings no consumption , low GDP with big dept brings more dept in a vicious circle ... Cut spending brings less jobs . Borrowing more brings more dept and interest payments and eventually defaulting . ....

    ANY questions !?

    this is not rocket science here people.

    All this political positioning of dept ceiling (cut , cap and balance ) is just that : political to see who his going to win the next election .

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