Will the debt spiral out of control?

Discussion in 'Markets & Economies' started by TheEnd, Oct 22, 2013.

  1. TheEnd

    TheEnd Well-Known Member

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    Ye well i'm a little stressed lately........ I mentioned Gold because going by your username you are 'NEWtoSilver'....... I used to like Silver but lately I hav'nt been able to find andy solid reasons to invest in it......I personally think Gold will outperform Silver........BUt then I can see why Silver is attractive because its just sooooo much cheaper......A poor mans Gold.

    I promise that i WILL NOT start anymore threads for a while....
     
  2. JulieW

    JulieW Well-Known Member Silver Stacker

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    Assuming you didn't mind the new language and being an expat there - definitely. Not sure of the pic of the bunch but Laos seems to be fairly uncorrupt and from what I've been told Vietnam is good. If you've money then Singapore of course.

    Sovereignman.com keeps suggesting Chile and parts of South America. The catchword seems to be freedom and SE Asia and South America seem to value that. Issue is always government corruption wherever you are
     
  3. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    'Cough' proportionally disparate ratio in price to gold vs availability
    'cough' has more than 7000 uses
    'cough' is currently being 'consumed' faster than it is being produced
    'cough' very few profitable mines or deposits currently on the cards (i.e. no new production)
    'cough' only substitutable metals currently are more expensive (i.e. gold platinoids)

    'cough'
     
  4. TheEnd

    TheEnd Well-Known Member

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    Fair enough.....I will buy some more again then one day.
     
  5. Pirocco

    Pirocco Well-Known Member

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    The historical last control stage of debt is erasing it by destroying the economical value that current currency holders at the moment have. In one or more or all of the known ways. And yes, some of those ways are 'overnight'.
     
  6. Au-mageddon

    Au-mageddon Active Member

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    TheEnd is rapidly becoming the next Water&Food.

    Sure you dont like in a mining camp in the middle of nowhere ?
     

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