by 68Camaro » Fri Apr 08, 2011 7:25 am
geewhzz wrote:things are getting scary
Not yet... At this point we're still dealing with basic inflation and price correction of an undervalued in-demand commodity. Scary will be $100+, which would indicate that the world economy would be widely acknowledged to be out of control, with no return short of total collapse and re-build. As country notes in the main thread on this, at some point soon it could go exponential. At that point there will be no silver sellers, and price will go exponential literally overnight. Rates of increase will change from the previous 1% per month and the now 1% per week, to 1% per hour, to 1% per minute. At some point in the middle of this the economy will have collapsed.
(I'm not cheering this on at that point, because that means TSHTF.)
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.