Re: Debt Ceiling Impact - Your take?
in response to
by
posted on
Jul 26, 2011 03:09PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Welcome Stewie;
Don't think there is any safer haven than in gold, and as was stated by a lot of our posters earlier, if the debt ceiling is "medicined up" in the 11th hour, it wont be permanent.
Somebody, if not the whole world, is going to have to come up with a solution to the debt crisis facing us all. Dont know what the answer is---but I do believe it will take more than one nation to work this out so no one gets hurt.
Meanwhile, SLI will do very well in spite of this as the safest hedge against hyper inflation is the possession of gold boullion. Even when the German mark went stupid in the 20s, physical gold still had value---and thats what we have lots of. Not a bad place to be.
Trade some of your profits in for gold bullion and put it away for a rainy day---thats what the Chinese, the Warren Buffets and a lot of others are doing, ---it will always buy you something.Just my opinion and-----you know.!! Nice to see you here.!!
Rinky