optionsgirl

Can a Stock Market Meltdown Happen from Here?

According to Dougherty, the government committed 4,980% above what they have, and you think that the price of gold moving up is going to significantly alter the ratio of debt and obligations to gold
(considered a store of value)? Each dollar's worth of debt would have to equal $4980 worth of gold for there to be parity, would it not? The coffers are empty, friend. We have been robbed.

If anything, it will only get worse, because Geitner and company have just gotten started spending.
So far, the demonstrations have been peaceful. That can deteriorate very rapidly. In the meantime, our president seems to have his fingers in everything at once. You'd think he'd concentrate on the big issues. No, he is busy sniffing around Cuba and guaranteeing GM warranties.


On Apr 21 12:46 AM curious cat wrote:

> suncatcher, you don't stop a surgeon until they cut into the bone.
>
>
> optionsgirl, you are confused. if gold becomes more valuable, the
> gold in fort knox will also be more valuable. no one has been robbed.
> i don't want to reveal the ending if you haven't seen the movie,
> but james bond slept with pussy galore and she secretly sent a message
> to the cia. the guards are just pretending to be knocked out.
>
>
> furthermore, our money is not printed on paper. it is printed on
> cloth and will make an excellent wall covering, unlike german hyperinflated
> money.

Can a Stock Market Meltdown Happen from Here?

Yes, here is how I connect the dots- Here is the Seibel quote- ""Meanwhile, the catalyst to the stock market's final capitulation during the coming months will be a combination of the collapse of more landmark U.S. companies, a renewed banking crisis, and other forms of "major economic upheaval," Seibel explains.

I suggest that the "major economic upheaval" Seibel talks about will be realization by the populace, that:
1. We've been robbed;
2. Our currency won't be worth the paper it is written on; and
3. This could lead to civil unrest.
That's why Stewart Dougherty's comment has relevance to me, in light of the Seibel quotes. Dougherty quantifies the bail out in terms of America's gold.

My conclusion is that the price of gold will escalate, and this stock rally will be nothing but a faint memory.

Thank you for asking for giving me the opportunity to clarify.


On Apr 20 10:07 PM GrantQ wrote:

> Optionsgirl, your quote does not appear directly relevant to the
> article... could you connect the dots?

Can a Stock Market Meltdown Happen from Here?

Stewart Dougherty, of "Theft of a Nation", said, "The United States of America, or, more precisely, the American people, are said to own 261 million ounces of gold, supposedly stored in the same Fort Knox vault that Goldfinger found so appealing. At $1,000 per ounce, the people's gold has a value of $261 billion dollars. TARP 1 alone has cost 270% of the entire value of that singular, tangible American asset. The total $13 trillion bailout cost thus far is 4,980% of the value of America's gold asset. Fort Knox has been robbed."

DJIA Components: Are Changes Imminent?

Cisco and Goldman Sachs, the last investment bank left standing.