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- SRSrocco put together a graph tracking production for the top-four gold producers. You will note a pretty consistent downward trend. If these forecasts hold, we are looking at a 23% drop in output over less than a decade. http://bit.ly/2I5FJVb http://bit.ly/2D3w91e
- Gallup's U.S. Economic Confidence Index averaged -12 in July, down from - 8 in June, hitting its lowest average since Oct. 2014.
- It took a lot of chutzpah for Pres. Obama to double the national debt, then in his #SOTU address take credit for having reduced the deficit!
- South Koreans On Track to Buy Record Amount of Physical Gold @SchiffGold http://bit.ly/1VZFUmr
- @Macrotots Yep, Its the what have you done for me lately mentality. Also Dems will argue Obama deficits were necessary to get us out of recession, but that Trump deficits caused problems as the economy was growing when they were run up.
- @toozoned50 of course. But he won't ask.
- Silver demand from industrial applications made up about 60% of total demand in 2017. The Silver Institute projects continued growth in 2018. Because of silver’s excellent electrical conductivity. http://bit.ly/2FZuKfb
- Buchanan on Knight
- What is your opinion on Reaganomics?
- US Markets “Feel Sick” After Bernanke/Krugman Bet on Bull @SchiffGold http://bit.ly/1UbvT1W
Friday, March 25, 2016
What is your opinion on Reaganomics?
It is often claimed that the statistics prove that Reaganomics failed. It is also claimed (by different people who claim the former) that Reaganomics was the closest the US has come to implementing an Austrian type approach to economic policy. If both claims are true then why should we keep trying to implement these types of policies, such as decreased taxes, other than for the moral reasons which we all are aware of. And if one, or both, of the claims are false, why ? I am posing this question out of curiosity to what this community thinks. I am not advocating that one or both claims are true or false.