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bighand69
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Comments by "bighand69" (@bighands69) on "Is Hyperinflation Around The Corner?! (Dave Ramsey Shocks Listeners)" video.
@petercottier1376 Most of you gold end of the world types always attack people with absolutely no evidence only opinions.
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But that does not guarantee that gold will stay or track inflation. Historically speaking gold does very well in the market place but it does not mean it is a guarantee.
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Nobody can predict that hyperinflation is going to happen no matter what they claim. 3 trillion of quantitative easy will affect the US economy at some point but that does not mean it will be hyper inflation. US asset base is in excess of 1000 trillion dollars. The government of the US can tap into about 200 trillion of that and currently have about 50 trillion of head room before they would not be able to do anything. We probably are at some point going to see a 1970s style economy or worse still a 1930s economy.
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I wish some of you would listen to what he is saying. He is not saying he is against gold backed money, He is saying he does not invest in gold and many of you simply cannot hear that.
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He says he does not buy gold as an actual investment.
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Or how about he is correct. Nobody can predict how markets react or how gold is value. Markets are not predictable no matter what people tell you. You actually want to predict the future value of gold on the basis of the way David sits in his seat? Can I ask you do you read tea leaves.
2
Yes that is called inflation but that is not the same as hyperinflations.
1
Golds price is not guaranteed to inflation. The idea that is just pure speculation. There is nobody that can predict the markets and that also includes those that are into gold.
1
Kevin Ford That makes no sense.
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But that does not mean gold will keep in line with hyperinflation. One of the key points with hyperinflation is the fact it is impossible to predict and to know its outcome. People throw the term around too easily and I do not believe the US is heading for hyperinflation.
1