Southern Europe faces a "10-15 year managed depression," is the quote making headlines from a...

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Tony Petroski Comments (6373)
 
"...managed depression..."

That's well put.

The folks of the crescent moon ain't waitin' around.

As for Buffett, he just wants to pay more taxes.

As Clint might say: "Go ahead, make my day."
21 Sep 2012, 09:23 AM Reply Like

JOEselztrb Comments (2)
 
Buffet doesn't want to pay more taxes. Am I missing something? At the recent Forbes Philanthropy Summit, Buffet, Gates, Black and Bon Jovi all said "(they'd) prefer to give to their own charities." That's why they pay so little in taxes -- charitable deductions and tax free government bonds." They all know government doesn't know how to spend money responsibly.
21 Sep 2012, 02:11 PM Reply Like

Ted Bear Comments (416)
 
Obviously they are not printing quickly enough.

Where is turbo Timmy when they need him?
21 Sep 2012, 09:30 AM Reply Like

osanbat9 Comments (9)
 
Let's hope ours in managed too........... I'm beginning to have my doubts though. Ask Jimmy Buffet what he things of gold, might sway me more.... Warren never lets out his deepest secrets.
21 Sep 2012, 09:55 AM Reply Like

TEDBERNIER Comment (1)
 
Gold never changes in value only the value of the paper money
that is required to buy it changes, the Fed will continue to devalue
our paper money so it will take more money to buy gold. Keep paper
money or buy gold that is the question.
21 Sep 2012, 11:33 AM Reply Like

Foggs Knackers Comments (7)
 
Actually Gold is quite volatile when priced against other goods and services. Was gold extremely undervalued 10 years ago or is it extremely overvalued now?
21 Sep 2012, 12:00 PM Reply Like

sikkabooyah Comments (406)
 
Foggs: Just like Billy Martin in the old Lite Beer commercials, I feel very strongly both ways.
21 Sep 2012, 08:45 PM Reply Like

mikeurl Comments (381)
 
His comment that debt must be repaid somehow is interesting. He seems to be implying that there will be a great demand for cash and that gold will work as a substitute. However, if people need to settle debts in gold we're all in deep trouble.
22 Sep 2012, 12:30 AM Reply Like

jbassbia Comments (306)
 
Jim Sinclair forecasts $ 3500 - link www,ampgoldportfolio.com based on the Federal Government balance sheet.
22 Sep 2012, 04:04 AM Reply Like

allforone Comments (299)
 
If every American would buy one oz of silver on one day it would completely strip all above ground silver in existence. There is less silver than gold. What is cheaper and less abundant?
23 Sep 2012, 01:10 AM Reply Like