All Forum Posts by: Account Closed

Putting the Numbers Into The Equation:

$3,125,000,000,000 / 260,272,000 ounces of gold = $12,006.67 per ounce of gold.

Is it a sign of the coming inflation once this budget hits the books down the road?

I don't it'll come close to 12k an oz but it just shows you how out of whack this deficit has become and how quickly we are just printing the money.

Scary stuff. That's brings up a great question. Is gold really at an all time high, or is gold still very low given the context? To me It doesn't feel the same as say, buying a house in 2006 and speculating that the price will continue to rise 20 percent a year. Gold feels less risky than that to me today even at its high. I may be wrong. Either way, I am referring to tangible GOLD, not GLD :)

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Congrats Josh!

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Originally posted by Lee Common:

Tim,

When you print the money it's probably not a tuffy!

â€œGive me control of a nationâ€™s money and I care not who makes the laws.â€

- Mayer Amschel Rothschild

â€œI care not what puppet is placed on the throne of England to rule the Empire, â€¦ The man that controls Britainâ€™s money supply controls the British Empire. And I control the money supply.â€

- Baron Nathan Mayer Rothschild

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Originally posted by Lee Common:

Tim,

You got my sig!

That is interesting. I think you have my sig, too!

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Definitely. In hollywood there is no question that most ent people are pro obama. However as usual I will go with who cares: until the fed is dismantled there is no free market no matter who holds the title of president

Originally posted by Tim Wieneke:

Speaking of the bailout - as I recall, Stewarts lips have been chapped on Obama's buttocks since he announced he was running. If you didn't want a bailout, there was another way to go.

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I couldn't resist.

http://www.businessinsider.com/jon-stewart-rips-on-cnbc-rick-santelli-2009-3

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This is exactly what I was hoping for; a way to purchase a new car - so tax payers can pay it off for me when I don't feel like paying any more.

http://online.wsj.com/article/SB123609012856118765.html#articleTabs%3Darticle

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All Forum Posts by: Account Closed

Account Closed has started 30 posts and replied 510 times.

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