Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Specializing in Modern Numismatics Coin, Banknote and Medal Collectors's Online Mall Royal Estate Auctions - $1 Coin AuctionsVancouvers #1 Coin and Paper Money Dealer 300,000 items to help build your collection! Join Thousands of Coin, Bullion, & Money Collectors








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Has The Silver Bubble Peaked?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 19 / Views: 3,016Next Topic
Page: of 2
Pillar of the Community
coinwatch's Avatar
United States
808 Posts
 Posted 05/06/2012  12:39 pm  Show Profile   Bookmark this reply Add coinwatch to your friends list Get a Link to this Reply
traevin, solid observations.


Quote:
The "safe haven" seemed to be T-Bills, which was even odder to me. Never could figure it out...


Me either. The only two reasons that remotely makes sense of the flight to T-bills: 1)Conventional wisdom seeks the safety of t-bills because that's what it's always done in response to troubled times. 2) Contrarians flocked to t-bills out of fear that the housing crisis might trigger deflation. Neither action really addresses all of the possible ways things could have played out.
Pillar of the Community
Libertad's Avatar
Canada
3692 Posts
 Posted 05/06/2012  1:06 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Hagbard: The moment any branch of government tries to do that is the day that private property rights are dead. And believe me, they will be setting up the world for another big war.
Pillar of the Community
coinwatch's Avatar
United States
808 Posts
 Posted 05/06/2012  1:41 pm  Show Profile   Bookmark this reply Add coinwatch to your friends list Get a Link to this Reply

Quote:
The answer is what gives me hope that we actually have a future.


Boom, bust (depression), recovery, repeat. The US economy is amazingly resilient.
Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 05/06/2012  4:43 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
Boom, bust (depression), recovery, repeat. The US economy is amazingly resilient

That has been the pattern in the past but we have no idea if that will continue into the future. Fundamental economic conditions have changed considerably from "the old days". As one who has been around since the 1950s, I can vouch for this. Debt is a terrible burden, whether for an individual, a family, a community, or a government. Right now, we have a HUGE amount of debt that needs to be serviced. As the economy has slowed, it has become more and more difficult to service this growing debt with shrinking resources. If this trend does not change and soon, something will HAVE to give. There really isn't any other option. Because of the very different conditions today, it is quite possible that there will be an event or events that are unique in US history. It is very unlikely that these will be beneficial. Keep stacking, friends.
  Previous TopicReplies: 19 / Views: 3,016Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.26 seconds to rattle this change. Forums