I'm endlessly fascinated by the amazing filters you have on your data input.
I posted, just below, on what was happening to pension funds. Entitlements are trillions in the hole.
Your own pension fund is betting on almost 8 percent returns, and it still covers only 87 percent of what it owes. Ironically, that's considered pretty good for pension funds now. If you put a more realistic return rate, say 5 to 6 percent, that drops to about 60 percent. That isn't so good.
But hey, you'll get yours. It's the younger guys who'll get the shaft.
I worked it out once. If I'd taken the money I've put into Social Security to date (about $180,000) into the stock market all during that time, it would be worth $477,000 now. If I'd bought gold, that number would be over $700,000. And it would be mine.