James Turk on the US economy and gold

[maritzafrizell]

NEVER IMAGINED that one???!!!

[realhardmoney]

people PEOPLE gold and silver are in a bubble and will pop soon get rid of yours now.....so i can buy it all up LOL. we are going to 500 silver bugs.

[UTEPKSC]

Pweeeeeze do not forget silver... Which is way undervalued. It is supposed to be 1/16 that of gold... Not 1/60th.

[debtinterest]

gold is going $10,000!!!

[carlfinkle]

That's an unusual concept of of luck. If Gold goes to $3000 and the US dollar goes to 20 on the USDX how much will a loaf of bread cost ? Ans 3 Apples.

As my economics teacher used to say "Panic now and avoid the rush"

[ClintfromNYtoVA]

hey Im in spain too! good post.

[unchiekun]

great

[CoinsFreedom]

Mining shares are still cheap. Bullion is still cheap. Food is still cheap. Buy all the above.

[texxta]

food is cheap ? what planet are you living on

[ewffaces7]

@texxta

food is still cheap.

food will be 10 times more expensive in the coming years

[ewffaces7]

@CoinsFreedom

I have a problem with shares in Canada, the US and Mexico. They are denominated in local currencies now, but in the coming years they will be denominated in ameros (?)

If you get one amero for every 3 dollars, than mining shares should go up 300 percent before you make profits.

Ponder on that.

Of course bullion you should buy and food also.

Shares... maybe not in North America.

[CoinsFreedom]

I agree...and we might all be shifted into a new World currency and bypass the Amero. Who knows. I think the money will be made in the shares as the dollar collapses, before it is officially devalued and moved into an Amero et al. In the meantime there is leverage for the risk tolerent. Bullion in hand rules for safety.

[kja5]

"and we might all be shifted into a new World currency and bypass the Amero. Who knows."

Replace a National form of debt slavery with a global form of debt slavery.... What a wonderful idea! /s

I happen to be optimistic and think that people will wise up and demand a gold/silver standard.