Re: Are Any Non Mega Banks Safe Enough To Ignore 100K FDIC Limit?
[ QUOTE ]
How does this differ from what I wrote?
[/ QUOTE ]
i did read what you said wrong. im half asleep right now.
however, gold is cost effective to extract.
[ QUOTE ]
I'll help, the current market price makes it worth drilling out there. Perhaps you weren't around when oil dropped to below $20 per barrell and stripper wells were closed all over the Anadarko basin. Guess what, they are up and operating again.
[/ QUOTE ]
I shouldn't even have drifted to this point because this isn't a significant part of my case.
However demand is outpacing any bright picture for rare commodities supply increases. Regardless, the main point is an inflation issue. Oil isn't increasing that much in real terms, oil is mostly just increasing in inflated currencies.
Gold and silver on the hand will have massive monetary demand increases when US bond markets start to really suffer. Thats the main reason to be in them.
|