by slvrbck » Thu Feb 23, 2012 2:53 am
So at a recent function I was talking privately to a long time friend of the family who disclosed to me that his brother (also long time friend of fam) was acting "weird". Further questioning revealed that the brother has been researching offshore bank accounts as a means to store his assets. While not really my cup of tea and knowing that he has quite a bit of extra cash around, I didnt find this all that odd, but then the friend dropped the clincher. Over the past few years his brother and wife have been actively purchasing gold coins and. . . as if he was ashamed at what his brother had been doing, searching through mountains of pennies while looking for copper coins. Just curious if anyone else has ever had a scenario like this. I didnt know what to say.
Soooo... Is it just me or is a chart of US debt looking dangerously parabolic?