US debt bought by whom? As economies collapse and the big PUMP in play for every country on Planet Earth who is going to buy the Trillions we post as Treasuries?
China ? Doubtful they have massive unemployment tidal wave commin on.
Japan -no the pump is going on there too! With everyone priming thier own economies who will the buyer be for our trillions of debt?
Maybe the Saudis will buy American Treasuries. Trillions and Trillions worth of paper on a promise.
The big question I have is -what happens if the US debt picture becomes untenable? What happens if the worlds currency, the dollar has a crises of confidence? What would the outcome be if the dollar skids 20%?
China: Beginning of the End or End of the Beginning? [View article]
China, Canada, Australia, Brazil = is the new world order.
We in the USA have created another 911 with phoney financial sleight of hand tricks, senile House and Senate (good ole boys & gals), basketcase President (BUSH)& sloppy, corrupt, you put a word to it, government controls. Add to it unrealistic society goals, aspirations, just a moral morass. What we are left with is a mass delusion of the way things are, establishing, we have lost the ability to percieve reality and change accordingly. History right NOW in the making.
Did 2008's $677 Billion Trade Deficit Cause the Recession? [View article]
United States must pull a rabbit out of its' hat.
The key here is OIL IMPORT addiction. As the Author said, accounted for 389 Billion last year----blown out the tailpipe....one time use-gone-poof.
There is an alternative and damn if Obama DID NOT bring it up in TARP TWO, the sequel.
Until the USA has a plan to stop imported oil we're toast,cuz the last thing we need right now is to piss off the largest holders of our debt with talk of protectionism.
So use oil imports as source for TAX -AND concurrently begin immediate transfer to homebased resource energy we have in abundance, Coal Gasification, Wind, & Natural Gas !!!!!
If Shiff was the only voice out there saying what he is saying , well, ya it would seem suspect. However -Rogers, Faber agree and say pretty much the same thing with the same force, and are not shy at putting it out there. I believe it is best to avoid US backed equities-- American politicans and Wall Street Bankers ponzi schemes,whether you believe this or NOT, have trashed the Dollars future.
The future World in investing is moving offshore.
Sad but true wanted a Woman never bargained for you......
The Tipping Point: Stimulus Needs Credibility [View article]
The USA has to work out its' massive debt problem. Get the budget under control OR devalue the currency. Since Republicans controlled both houses and the president and the budget exploded, and that prior to this latest failure of leadership at Government Level.I do not forsee any other solution other than devaluation of the dollar and what that may portend -i dunno. What would be the ramifications of devalued currency on landowners? On debt holders? Borrowers?
Gold Earnings Season Set for Kick Off [View article]
D. McHattie --Excellent point --I've read Gold/ Silver miners are huge consumer of Oil products for extraction. So it would be a BIG PLUS to have much lower fuel prices. Curious the Author did not include that savings.
There are many areas around the World that are currently exhibiting severe drought conditions. These areas added in aggregate point to the possibility that food prices may spike. This could become a trend with weather anomolies creating something not seen before.
Obama's Role in the Market's Next Breakout [View article]
Jan. was great. As I'm sure it was for many here. This volitility is creating some serious short term buy/sell oppurtunities. Oils, miners,Australia, China, Canada, Brazil- will explode when the dollar rolls over. -I haven't a clue when that will occur though.
Cramer's Stop Trading! What Do Cramer and Rush Limbaugh Have in Common? (1/29/09) [View article]
Rush and Cramer great story tellers. But Cramer, when I paid 200 bucks for yearly newletter was dead wrong on Charter, Nortel, Cimerex, Meridian, and a pile of others. He has made a couple great calls in the wreakage -and that gets news.
Rush never met a Republican he wouldn't support against a Democrat. Even if that Republican spent money like a drunk in an Airport lounge. Bush didn't veto one bill, gave us ungodly debt, no energy policy, made sure the World knew we would fight for OIL. Rush supported the Bankruptcy of the United States and in so doing unmasked himself for what he is, or rather has become. A shill for big-moneyed players and the corrupt.
Natural Gas Continues to Head Lower [View article]
Natural gas companies got slammed in Oct, then again in November and December. Oil and Natural gas -use is limited to heat,power, and transportation. Won't be having much of that in the future. Haven't you heard the world is nearing its' end.
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Latest | Highest ratedGold: The Only Remaining Bubble? [View article]
China ? Doubtful they have massive unemployment tidal wave commin on.
Japan -no the pump is going on there too! With everyone priming thier own economies who will the buyer be for our trillions of debt?
Maybe the Saudis will buy American Treasuries. Trillions and Trillions worth of paper on a promise.
We've entered the Twilight Zone
Yamana Gold: Finding Value [View article]
Major Investors Piling into Gold [View article]
Stimulus Is a New Deal Gone Steroidal [View article]
China: Beginning of the End or End of the Beginning? [View article]
We in the USA have created another 911 with phoney financial sleight of hand tricks, senile House and Senate (good ole boys & gals), basketcase President (BUSH)& sloppy, corrupt, you put a word to it, government controls. Add to it unrealistic society goals, aspirations, just a moral morass. What we are left with is a mass delusion of the way things are, establishing, we have lost the ability to percieve reality and change accordingly. History right NOW in the making.
Help.... Mr. Wizard
Did 2008's $677 Billion Trade Deficit Cause the Recession? [View article]
The key here is OIL IMPORT addiction. As the Author said, accounted for 389 Billion last year----blown out the tailpipe....one time use-gone-poof.
There is an alternative and damn if Obama DID NOT bring it up in TARP TWO, the sequel.
Until the USA has a plan to stop imported oil we're toast,cuz the last thing we need right now is to piss off the largest holders of our debt
with talk of protectionism.
So use oil imports as source for TAX -AND concurrently begin immediate transfer to homebased resource energy we have in abundance, Coal Gasification, Wind, & Natural Gas !!!!!
How the World Almost Came to an End on September 18, 2008 [View article]
I DO, really, really,understand why Jim Rogers moved to Singapore now.
This Is Just the Beginning [View article]
I believe it is best to avoid US backed equities-- American politicans and Wall Street Bankers ponzi schemes,whether you believe this or NOT, have trashed the Dollars future.
The future World in investing is moving offshore.
Sad but true wanted a Woman never bargained for you......
The Tipping Point: Stimulus Needs Credibility [View article]
Gold Earnings Season Set for Kick Off [View article]
Water: The New Oil [View article]
Obama's Role in the Market's Next Breakout [View article]
Cramer's Stop Trading! What Do Cramer and Rush Limbaugh Have in Common? (1/29/09) [View article]
Rush never met a Republican he wouldn't support against a Democrat. Even if that Republican spent money like a drunk in an Airport lounge. Bush didn't veto one bill, gave us ungodly debt, no energy policy, made sure the World knew we would fight for OIL. Rush supported the Bankruptcy of the United States and in so doing unmasked himself for what he is, or rather has become. A shill for big-moneyed players and the corrupt.
Is the T-Bond Bubble Bursting? [View article]
Natural Gas Continues to Head Lower [View article]