Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board


Thread: gold
View Single Post
Old 12-21-2020, 01:06 AM   #12
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,764
the senate is very close to another bail out package for close to a trillion dollars. this will go on to the amount of currency that we as a country owe. the debt is closing in on $30 trillion. i don't see anyway that this money can ever get paid back..at some point of time, we will not be able to service the debt. this is one of the main reasons why you need to have insurance if you are a saver... there is nothing wrong with owing money now either.. you will be paying back your debt with future currency that will be worth a lot less than it is today..

its now a month after the election and the dollar is now under 90. i had predicted if the dollar is under the 90, that Trump would not get elected. it got held up slightly over the 90 until 1 month after the election and Trump still didn't get re-elected. the dollar is probably going to keep falling now and precious metals will be worth more. other currencies are no bargain either, but this one will probably be the worst of the major's.
lamboguy is offline   Reply With Quote Reply
 
» Advertisement
» Current Polls
Wh deserves to be the favorite? (last 4 figures)
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 02:42 AM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1999 - 2023 -- PaceAdvantage.Com -- All Rights Reserved
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.