• BullionStar
    05/30/2016 - 21:24
    The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical...

Preparing For the Coming US Debt Default Pt 2

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Fri, 07/29/2011 - 02:34 | 1503589 bullet357
bullet357's picture

Burn baby Burn ...down down down

Fri, 07/29/2011 - 01:47 | 1503538 Whalley World
Whalley World's picture

Off topic but, Iwant to send a shout out to Bill Bonner of Daily Reckoning fame.  When do you hear about Bill on the MM media?  For F sakes, Oprah should have had him on.  Financail Reckoning Day (|shout out to Addison Wiggin) called it all way in advance.  Just had to say, need to send out props to Bill Bonner and crew,

Fri, 07/29/2011 - 01:48 | 1503537 Whalley World
Whalley World's picture

Off topic but, I want to send a shout out to Bill Bonner of Daily Reckoning fame.  When do you hear about Bill on the MM media?  For F sakes, Oprah should have had him on.  Financail Reckoning Day (|shout out to Addison Wiggin) called it all way in advance.  Just had to say, need to send out props to Bill Bonner and crew,

Fri, 07/29/2011 - 00:32 | 1503398 PulauHantu29
PulauHantu29's picture

"Home prices are now back to the early 2000s.  I think that certain markets in California still have a way to go before hitting a nominal bottom.  Some harder hit areas like the Inland Empire may be closer to bottoms based on income to price ratios but many areas eerily resemble micro-bubbles.  A lot of this drive is psychological in nature but psychology is not going to make your paycheck increase.  The Secret is not going to magically wash away our government debt.  It might make you feel better, which is good, but math has little sympathy for reckless spending."

http://www.doctorhousingbubble.com/wp-content/uploads/2011/07/case-shill...

 

http://www.doctorhousingbubble.com/this-time-is-different-real-estate-lo...

The Doctor speaks with Silver tongue.

Fri, 07/29/2011 - 00:22 | 1503365 Sunshine n Lollipops
Sunshine n Lollipops's picture

"the world will figure out that the US is unable to repay its debts and will not be willing to invest for 30 years anymore."

How 'bout a week? I swear we'll get it back to you--plus the vig--by next Tuesday. Wednesday at the very latest. C'mon, we're good for it. You got nothin' to lose--like I said, if for some crazy fukin reason we can't come up with it, Yellowstone is yours. Or the Yankees. Take your pick.

Fri, 07/29/2011 - 00:44 | 1503423 Blotsky
Blotsky's picture

Yeah (Uncle) Sam... But we've already bought 60 sq. miles in Idaho. Just give us the state and we'll take off the interest for a month. Sound like a deal?

Fri, 07/29/2011 - 00:13 | 1503344 RockyRacoon
RockyRacoon's picture

Debt spiral, Bitchez!

I hardly ever get to fully express myself.   Sorry.

Fri, 07/29/2011 - 00:58 | 1503459 Hacked Economy
Hacked Economy's picture

Wow...Rocky...I never knew you had it in you.  :)

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