Slowly at first, then all at once, as the paraphrased quote goes. People fail to grasp the power of exponential growth, in this case regarding our debt. It’s quite something to add 3 trillion in debt in the 1990’s, going from 3T to 6T in that decade. That 3T was as much debt than had ever been generated. In the 00’s we add 6T, in the 2010’s we added 12T. And prices should remain stable? How could that ever be?
Many of us are on a fixed income or have lost a job or have been extremely affected by inflation I would truly like to buy gold but it is out of my price range a gram of gold cost $90 you can buy 3 one ounce silver coins, smaller amounts of precious metals have higher premiums prices added to them, IMO I believe silver has a lot more upside coming than gold so far silver has outperformed gold in 2024
Citizens of California will have to experience much more financial pain over the next 5 to 10 years before their Liberal views on life changes until then that’s what they vote for so that’s what they’ll get. Their economy is the fifth or sixth largest in the world that’s why they can play this sort of game, but a collapse overnight with the amount of industries leaving can occur. Everyone have a great day. Keep the faith.
Thank you for watching. Please share your thoughts.
Slowly at first, then all at once, as the paraphrased quote goes. People fail to grasp the power of exponential growth, in this case regarding our debt. It’s quite something to add 3 trillion in debt in the 1990’s, going from 3T to 6T in that decade. That 3T was as much debt than had ever been generated. In the 00’s we add 6T, in the 2010’s we added 12T. And prices should remain stable? How could that ever be?
@@1960rlv thank you for sharing.
Look at metals go! Wait until this afternoon when the price slammers usually start their price suppression! They must be getting Desperate! 😂😮
Love it.
Many of us are on a fixed income or have lost a job or have been extremely affected by inflation I would truly like to buy gold but it is out of my price range a gram of gold cost $90 you can buy 3 one ounce silver coins, smaller amounts of precious metals have higher premiums prices added to them, IMO I believe silver has a lot more upside coming than gold so far silver has outperformed gold in 2024
I'm all-in on silver. A few weeks ago I purchased more silver.
Basel III is the one of the main reasons for central bank buying the past 6 years!
Thanks for sharing.
Trudeau once said "The budget will balance itself" 😆
Citizens of California will have to experience much more financial pain over the next 5 to 10 years before their Liberal views on life changes until then that’s what they vote for so that’s what they’ll get. Their economy is the fifth or sixth largest in the world that’s why they can play this sort of game, but a collapse overnight with the amount of industries leaving can occur. Everyone have a great day. Keep the faith.
😢
Thanks for sharing.
Thanks for sharing.
Crony Congress, BOTH PARTIES will continue to replenish California's financial needs annually with our tax payers dollars. As they have for decades.
Why don’t the mainstream finance channels like CNBC ever mention the rise and gold?
@@joeysocks5718 They push fiat, debt and credit markets - that’s it. Gold sets people free. Great comment.
can I use your question for the basis for a video? I do not have to show your address and picture if you don't want me to. -- thanks Ric
@@Ricbender absolutely
@@joeysocks5718 Thank you.