Debt Rattle June 30 2018

 

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  • #41507

    Paul Gauguin We hail thee Mary 1891   • If The US Middle Class Disappears So Will The US Economy (Hutch) • Nervous Investors Exiting US Stocks At
    [See the full post at: Debt Rattle June 30 2018]

    #41508
    V. Arnold
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    Curious, Snowden said he didn’t speak Russian.
    In an interview with his attorney more than 2 years ago, his attorney said he was learning Russian to better integrate for his continuing assylum.

    #41509
    V. Arnold
    Participant

    And then there is this: Another country is betting on physical gold. Switzerland’s pension fund has boosted its investments in bullion, switching from the paper-backed securities in US dollars.

    https://www.rt.com/business/431329-switzerland-gold-paper-dollar/

    The article basically confirms what I have long held to be true.
    There is no future in fiat. Oh sure, fiat serves a purpose for day to day transactions; but it’s not a genuine store of value.

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