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The states has turned into an overconsuming bankrupt POS
"The price of gold" won't matter so much to most people living in North America in the coming decades.. afterall, how could one determine the worth of any given thing by comparing it to a worthless thing? One could not.
Oil is one of our biggest problems. It's the largest and most important part of our egregiously horrible overconsumption. Oil is in the plastic covering everything you buy. Oil is necessary to bring that garbage to you. Oil is necessary for most methods of transport here in the states, period.
Not only is there not an unlimited supply of the shit, but, we won't always be getting away with handing over worthless dollars for energy, any way.
The banks have the control. Not you, not me, not even our government.
It will come to a point where they can create all of the funny money/credit they like or play with themselves(the rates) until doomsday without being able to stop everything from going straight to hell.
And do you think that they care if things go to hell?
They devalue your dollar, they come in and buy your everything for "pennies on the dollar".. they do what the fuck they want.
Other countries who are dollar based are learning their lessons quickly. They're heavy dollars, and they want out, the ONLY REASON they don't pull everything is because they'd immediately be making their own currency worthless. There will come a time when they will have to cut their losses.
Gold will go to $1600, hell.. gold will go to
1. Gold is Valuable
2. Dollars are ornamental
Euro vs. USD?
1. Euro will buy something
2. Dollar will not
Pretty fuckin' simple
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