
Originally Posted by
Ops NCO
I'm not the biggest believer in technical analysis (chart reading). You can actually flip a coin and plot the results and end up "seeing" the same technical indicators used with reading stock charts.
That being said, though, I do think the US and world financial system will nearly (or completely) collapse at some point. The whole thing is a house of cards. One day, someone will say "hey, the Emperor is really naked", and the whole thing will come tumbling down. You can't keep increasing your debt load forever. Eventually the bills come due.
At that point, I wouldn't want to be in gold or silver. I'd want to be in bullets, bandaids and beans...
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