This is one of the things that really troubles me. I see the reality of what’s been happening and wonder how long it can go on. For about fifteen years I have believed we are headed for financial meltdown, and have preached it as a caution to family and friends. This fiat expansion is unsustainable and has to collapse. Yet the game goes on. And on. And, according to the author of R’s post, on some more… ten years more. Can it? How will it end? What will make it end? A loss of confidence in fiat currency? By whom? The ones who are seeing their stocks rise and rise? Not likely. It’s so discouraging to be on the wrong side of a trade for such a long time simply because it shouldn’t be. But it is, and continues to be. I am one of the people in that post, ranting that it can’t be, all the while watching as it is what it is. Are you one of those people, too? Any thoughts about changing your position?
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