Generational Dynamics Forum - New Site

I can't argue with you Bujjai. Lately i've been seeing 40% premiums or more over spot price for the eagles and 20% for silver rounds. I haggled a few weeks ago with a local coin dealer (the most reasonable in my city that i've been able to find) and paid 14% over spot for "junk" pre-1965 quarters. I...

Well, John, all i can say is that it sure looked like investing in gold was the thing to do (and i do believe that it will be the correct investing path in the long-run). In the short-run i'm afraid the deflation argument will win and i concede defeat on this. The contraction of this GIGANTIC credit...

The really sad thing, Fred, is that when you have the kind of craziness and uncertainty that is going on now even "savers" are forced to speculate into things other than money markets, bonds, and CD's because a potential looming currency and/or banking crisis in this country could wipe them out. Wha...

I was having a conversation with a co-worker about wealth preservation the other day and think that staying half in cash and half in metals would be a sensible good/safe hedge near-term. I'm afraid of even the energy and PM stocks right now. I fear Xenakis may be right about a market crash at some p...

For what it is worth my two cents is this: fractional reserve banking turns credit into money - therefore an increase in credit leads to increase the money supply, right? A massive credit contraction should therefore lead to deleveraging of speculative positions by investment banks and hedge-funds w...