What Happens To Gold And Silver Next? Look Out Below?

"If an economy is "better off" going further in debt by hundreds of billions if not trillions every 6 months with a very slim to no chance of ever paying it off then we truly do live in a fantasy world."

The debt would never be paid off even under ideal circumstances. The debt can only be serviced. The debt cannot be ever discharged, as debt is the basis upon which the money is issued. If the avg treasury rates were to double nearly the entire fed budget would go to service the debt.

Gold and Silver, as I have stated since February in this thread and in even earlier postings, have been and are in a downtrend.

This wont be resolved 1-2-3. In fact, I don't think many realize how serious the selling has been and what its saying, what the serious implications are going forward.

Many don't believe the economy is getting better, has gotten better. Some of you need to do some serious unbiased soul searching to really examine why you feel this way when the facts show things are getting better.

At every juncture of this selling, everyone has been grasping for any sort of glimmer of hope or reason, that will send silver and gold higher. Yet the reactions to everything that could be viewed as positive for gold and silver, have been contrary.

First, since November, the Fed meetings and minutes have resulted in negative reactions for gold and silver. That's been time and time again, minutes come out, gold and silver drop, even in the face of continue bond buying.

Secondly, Many tried to pin hope for higher prices on events in Europe. Cyprus, Italy, Greece, Spain, and on and on. Yet these instances have been similar, these events and their reactions with regards to silver and gold, have not boosted the price, instead one can hear the big sound of whiffing, such as when the big hitter on the team comes up to the plate and strikes the air with his bat and misses the ball,,, repeatedly. That whiffing sound is the dropping price of silver and gold in front of what many think should support PMs.

Yet even if those events aren't enough to give big clues that gold and silver have for now played out their usefulness for the time being, we now can see with price and volume that those who can run the price higher are indeed doing the exact opposite,,, they are selling out of their positions, have been for a while now.

In fact, the same people who have been misleading the public about silver and gold, are the same ones who have siliently been selling out of big postions of gold and silver ahead of this decline. Sprott is one such individual who has duped countless hopeless and unknowing silver bugs.

Without strong buying and accumulation as we had seen, gold and silver are going nowhere. The sooner one can grasp this and come to terms with it, the better one will be off.

What a laughable hit piece

US.Constitution- Article 1 Section 10

Why would anyone listen to a college professor? Like when professor Bernanke told you there was no housing crisis. I found that many things I was taught in colege turned out to be false. Such as quantity of money theory. Willfully false. Colege professors have zero crediibility.

My largest position in equities has been in fast food. It been the leadership, But I have been selling out as I think the economy is getting worse.

I have one college professor that told his entire class at the end of the semester that do not apply the method I have taught you in class at your future jobs.
Thanks Pro!

Edit: But I learned the terminology to used in work.

"I have one college professor that told his entire class at the end of the semester that do not apply the method I have taught you in class at your future jobs."

He should have taped that and then sue the college.

Its actually the US economy that has outlived it usefulness so far as capital is concerned. Most corporations have been liquidating US assets and investing overseas. So we shed produtive assets and replace them with debt. God help the debt markets if the economy recovers.