Clif High in his Alta-reports mentioned that people would be panning for gold to buy groceries.
Soooo, i have been waiting for this.
Imagine the price of gold doubling. There will be even more "prospectors".
And those 8 year notes are on cars that aren't worth as much as the cars 10 years ago. More plastic, more junk, less repair-ability, and now a kill switch… that will be used more times by "accident" than by police on purpose.
RE: What Is An Asset?