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Rick Rule: "Eventually Arithmetic Triumphs Over Narrative"

Mining Stock Daily

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The Retirement Age of 65 Hasn't Changed, Maybe Needs To.

In the United States, people are living much longer. The median life expectancy of an American male now is 82 years. Social Security is at one point in a wealth transfer from poor young black males to old wealthy white females. We can't walk into a restaurant anymore and say, I'll have the whole menu,. And he over there, as yet unborn, will have the bill.

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