Hyperinflation is another term to describe a scenario devised by folks who don't subscribe your school of economics.
From 1910 to 1970, a dollar was always worth a dollar. Yes, we had MANY periods of inflation, but a dollar was always worth a dollar. Demand led to that type of inflation.
From 1973 to 2015, we have succumbed to MONETARY inflation, a far more insidious type.
Ya see, now, a veal chop doesn't cost more because of demand. If costs more because the freak'n dollar buys less. It buys less of everything. And the inflation indexes are designed to ignore currency inflation.
Our weak dollar, higher export ratio/to da moon stock market indexes induced stupor have crescendo'd. Fed cannot increase rates unless they want to pay 2x/3x/5/ the interate on that 17Trillion of debt.
World wide revolutions are in progress.
This country has gotten used to free stuff. Wanna try and take it away?
We are on the cusp of a major financial debacle.
Cusp could be months and more years but it's coming.
And remember, it all started with veal chops, and silver, and gold, and Fannie Mae and Nixon.
Or did it already start?
Remember where we are in the election cycle. It's time for the big show.
Down we go!
The ability to comprehend someone's selfless expression of man's inhumanity to man, and to communicate one's opinion of where the price of AG will be tomorrow, are inexorably linked to to IQ,EQ and one's education, albeit formal or informal
However, that relationship is linked to the direction of the price of AG and PMs, as the admiration Benjamin Netanyahu had for Yassir Arafat.
On message boards, a fool tries to convince others of his opinion.
A dumbazz putz actually believes he is relevant.
Generally speaking, this poster is very astute but I don't see max pain at $115.01. Not understanding his/her logic. I assume he / she is looking at the open interest, which is extraordinarily high and maybe highest of the contracts but the volume is not, at least not yet. I kinda think $112 is the point of max pain.
my back with a ruler, I noticed a missed a few spots. He did also. So, a falling Euro is gonna be GOOD for US exports? Whas up with that?
What I have against the Swizz has nothing to do with their change of heart guarding the Euro.
As I said, they ran "out of stupidity and aren't going to play a fool's game anymore". It was a smart move, for them.
Talkin abuut helpin out yur friendly banksters, they just put 1/2 of 1% into the pockets of every Swizz Bankster.
Now, the wealthy on this message board are gonna hafta pay another $5m per each Billion have have socked away.
Didn't even take as long as I thought.
One sided trades rarely satisfy the Oigi board.
4 years ago they were determined to keep a floor on the Euro, thus keeping a lid on their currency.
A lid on their currency is better for exports AND their markets. After all,they export a lot of chocolate. LOL
Well, they just figured out that buying all these Euros is a fool's game.
It'snot as if they can't afford to keep printing and buying but they realize where it's heading.
The knee jerks are right to jerk. The unwinding "may" be just beginning.
Leave it to the punks in Swizzerlund. They blinked.
I always liked Yodels.
4 years ago they were determined to put a cap on their francensteins.
They bought Euros. And more and more and more.
And finally somebody said enough.
Did they run out of money? Nope.
They ran out of stupidity and aren't going to play a fool's game anymore.
Yup. My butcher gave up on veal chops.
It's back to steak.
Bought a new cast iron skillet for the steaks.
Paid with cash. Paper cash. Trash.
You're late to the game.
That referendum, (which we all know about) will NOT pass. But, we who invest in gold, silver and miners know this; The mere fact there is a referendum on the ballot clearly shows the credible threat folks feel about fiat currency.
And the repatriation of gold by several countries amplifies that.
The US if fighting tooth and nail to repress commodity prices, but in the end, the free markets and they are still free markets,will prevail.
Sentiment-Long Gold and Silver for the long haul.
PS: Adding to my stash of frozen veal chops.
Did you come down with a case of Bell's Palsy? There's a slur in your speech I haven't detected before? :)
thing? Hmmm. Maybe I should also add another freezer and buy up a ton of Bubba's Boneless Ribs?
Let it go, Let it go!!!!
And Yahoo is messing up with words.I guess they think Vladmir is a curseword.