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Re: What is your assessment of the current economy?
PE ratios double historical averages, all time highs in Price/Sales, Price/Book, falling dollar, debt increasing at alarming rate since outlier June surplus, collapse in foreign tourism. The only thi… (View Post)3 -
Re: War on cash. . .
How can the Government force businesses to accept cash when it doesn't accept cash itself in some cases? (View Post)3 -
Re: Gold and Silver Flat for Now?
I tried to correct @pmh1nic on the same statement over in the $5K gold discussion. @MsMorrisine, you are correct, the $4.1T reflects an average $400B dollar deficit per year above the baseline (which… (View Post)1 -
Re: The Case For $5,000 Gold
So CBO forecasts don't include many unknowns, so yes they are typically off by a lot whether it's 911, Great Recession, Covid, etc, piling on even more debt that wasn't forecast. One thing is certain… (View Post)2 -
Re: The Case For $5,000 Gold
The bipartisan CBO forecast is for annual deficits to increase from $1.7T in 2026 to $2.5T by 2035. The USG debt is going to increase from today's ~ $37T by more than $20T in the next 10 years, best … (View Post)4