parky

The Case for Precious Metals Is Only Getting Stronger

SEEMS TO ME THAT THE BEST PLACE TO LOOK FOR POSSIBLE OUTCOMES, IS TO REVIEW WHAT HAPPENED TO GERMANY AFTER WWI AS HYPER-INFLATION KICKED IN.

THE MILITARY KICKED OUT THE OLD WEIMAR REPUBLIC, JAMMED IN A BUTCHER NAME HITLER, IMPLEMENTED A NEW CURRENCY AND PUT PEOPLE TO WORK BUILDING THE AUTOBAHNS AND ALL MANNER OF WEAPONS. TO KEEP EVERYBODY ON TRACK THEY STARTED WHAT TURNED INTO WWII THE POPULATION WAS HAPPY UNTIL THE BOMBS STARTED FALLING ON BERLIN.
SAY IT CAN'T HAPPEN?? HOPE NOT. I SPENT SEVERAL YEARS IN GERMANY AND TALKED TO A LOT OF WWII PEOPLE AND THEY DIDN'T SEE IT COMING EITHER UNTIL IT WAS TO LATE.

Oil Heading for $150 a Barrel, Gold for $1500 an Ounce - Merrill

We seem to have pushed bail outs aside in several comments, so I'll throw in my 2 cents on "lets diss America". My great, great, great grandfathe Daniel carried a rifle in the Revoluntionary War and was with Gen. Washington at Trenton.
My great uncle George was killed at Shiloh fighting on the Union Side. My Uncle George commanded a group of destroyers in WW II defending convoys on the North Atlantic from German U-Boats. My brother was in the Pacific on a destroyer and received 5 battle stars for actions against the Japenese. I was in the post war Army in Europe.
So spare me this garbage about the big bad USA. If not for us, a major part of the Western Hemisphere would be speaking German or Japanese and the financial systems that these guys are complaining about wouldn't exist. And by the way don't forget that George Bush Senior was shot down in the Pacific defending his country so maybe we should cut his son a little slack. Parky from Savannah