by Gary Christenson, Deviant Investor:
Point One: Debt grows exponentially, not because it should, but because our debt-based financial system practically requires it.
Point Two: Silver and gold prices increase along with the exponential growth in debt and currency in circulation.
Point Three: Similar exponential increases are evident in the DOW, S&P 500, prices for most commodities, and certainly for health care, college tuition, auto prices etc.
Point Four: Exponential increases cannot continue forever, but they can persist for a long time.
Current US official national debt is about $19.4 trillion. Unfunded liabilities are five to ten times higher. Do we really believe that the exponential growth of debt, which will probably accelerate in coming years, can reach $160 Trillion in the year 2040 or thereabouts? A prior reset seems likely!
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