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Old 02-14-2013, 04:55 PM
 
1,474 posts, read 3,253,998 times
Reputation: 2069

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The "entitlements bubble" is going to rupture. Someone ain't going to get their benefit or a much reduced one because the money won't be there. It's all funny money anyway. The economics for a household is the same for a nation. Spend more than you have and do that long enough, someone ain't going to get paid. Of course this might go on awhile before it occurs, but it will happen and the other bubbles won't matter. This president and this congress are nuts!
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Old 02-16-2013, 02:28 PM
 
Location: Cape Coral
320 posts, read 512,845 times
Reputation: 511
Answer: The US Dollar

We are the world currency. When we exceed 20trillion in debt there will be a very large and profane sucking sound followed by a loud POP.

This is what will precipitate the take over of the Yuan as the world Currency and a hybrid Gold Standard.

Meanwhile in the US, hyper inflation will be the order of the day, along with a massive deflation of the stock market.

We will invent the "New Dollar", we will then slide over to a Oil Based / Energy based economy. Why? Because our backs will be against the wall and we will threaten the world with an over supply of Energy. We currently sit on more oil and resources, 2nd only to Africa.

Our new currency will pay down our old debts and the vicious cycle created 90 years ago with Depression will start all over again.

Conspiracy theory?

Why else would our federal government have stolen land from Colorado, Utah, Montana and the Dakotas?

This is my wacko post for the month.
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Old 02-16-2013, 02:41 PM
 
Location: Palo Alto
12,152 posts, read 7,542,981 times
Reputation: 4178
The petro dollar.
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Old 02-16-2013, 05:01 PM
 
48,508 posts, read 88,431,788 times
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Mu guess is the really big one ;government borrowing to fund services and programs.
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Old 02-16-2013, 06:51 PM
 
12,798 posts, read 16,445,740 times
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Gold is due for a crash, that is true. Anyone old enough to remember how it crashed in the early 1980s can see that.Once you can get a decent return on your savings is when it starts. And oil: Consumption is down in the US, the largest market. It will drop even more when mileage standards take effect. Oil usually commands a premium price over other energy due to its transportation fuel monopoly. But the premium today is not sustainable.
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Old 02-20-2013, 04:22 AM
 
85,291 posts, read 82,827,155 times
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gold was mis-priced in the 1980's like nasdaq at 5000 was. it was a temorary pricing error and should never have been there and it merely corrected itself to where it should be..

to judge golds value you have to compare it to the other asset classes.

if you want a yardstick to measure golds relative value ,10 ounces of gold on average historically bought the dow . we ranged from 1 ounce to 20 ounces historically so the average of 10 ounces is the average price..

that would put golds value in that respect at 1400-1450 an ounce. hardly a bubble today at 100 bucks more.
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Old 02-21-2013, 04:37 PM
 
8,616 posts, read 4,268,329 times
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The money-printing bubble---followed soon after by the entitlement bubble.
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Old 02-21-2013, 08:17 PM
 
Location: Palo Alto
12,152 posts, read 7,542,981 times
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Quote:
Originally Posted by mathjak107 View Post
gold was mis-priced in the 1980's like nasdaq at 5000 was. it was a temorary pricing error and should never have been there and it merely corrected itself to where it should be..

to judge golds value you have to compare it to the other asset classes.

if you want a yardstick to measure golds relative value ,10 ounces of gold on average historically bought the dow . we ranged from 1 ounce to 20 ounces historically so the average of 10 ounces is the average price..

that would put golds value in that respect at 1400-1450 an ounce. hardly a bubble today at 100 bucks more.
Maybe the Dow is incorrectly valued.
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Old 02-22-2013, 02:42 AM
 
85,291 posts, read 82,827,155 times
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based on earnings it is pretty much where it should be. it is no great value at this point but it is fairly priced.
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