TYHEE GOLD CORP

(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)

Free
Message: Re: Devaluation
1
Mar 08, 2009 03:34AM

Mar 08, 2009 03:52AM

Mar 08, 2009 04:45AM

Mar 08, 2009 04:47AM

Mar 08, 2009 04:51AM

Re: Devaluation

posted on Mar 08, 2009 05:49AM

That is a great article, GWTW. I think the guy is spot on. Only way to reflate the system is to go back on gold at say $5000 an ounce. That would light a fire under the assets markets and as all come back into line with historical norms verses gold and the system becomes solvent again.

Savers get wiped out but I don't see an alternative and they are already wiped out but just haven't caught on yet. At least by going back on gold you put an end to the rapid inflation that will ensue and once the system has rebooted, governments will have to live within their means and stop printing money. I prefer gold to lead.


Mar 08, 2009 07:24AM

Mar 08, 2009 07:33AM

Mar 08, 2009 10:25AM
1
Mar 08, 2009 11:22AM
Share
New Message
Please login to post a reply