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WMARKW

WMARKW
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  • European Banks Need Tons Of Money [View article]
    "They want lots and lots of money at very cheap interest rates."

    That's why the want to lay it on the backs of the people. The CB's are a siphon engine to suck money out of the general population and funnel it to the banksters. Pretty sweet deal if you can do it. Pretty rotten to the people, and thus, IMO they CB's need to be shut down and the banksters imprisoned.
    Dec 13 09:08 PM | 1 Like Like |Link to Comment
  • An Experienced Economist's View Of Gold As An Investment [View article]
    The Fed certainly has not done a good job ensuring that

    "the US having the right quantity of money in circulation - not too much so as to cause inflation nor too little so as to cause a recession?? "

    They have been complete failures.
    Dec 13 06:06 PM | 1 Like Like |Link to Comment
  • Preparing For Eurogeddon [View article]
    That was my point. It took 2-3 generations for prior US immigration to achieve integration. You could break all the borders in EU today and maybe in 60-80 years, it would be more difficult to find French speaking French and Germans speaking German.
    Dec 13 06:04 PM | Likes Like |Link to Comment
  • European Banks Need Tons Of Money [View article]
    "You can't borrow your way out of debt (something the US government hasn't figured out, either)."

    Mike...you know that and I know that, but they either don't know that or there is something else going on. I believe the latter.
    Dec 13 05:53 PM | 2 Likes Like |Link to Comment
  • European Banks Need Tons Of Money [View article]
    Dave...one change to your comment....I don't think it would be the "Countries", but the "Central Banks".
    Dec 13 05:51 PM | Likes Like |Link to Comment
  • European Banks Need Tons Of Money [View article]
    Giving money to the oligarchs and banks would make them rich. That's what they want at the expense of everyone else. The citizens get the "shaft".
    Dec 13 05:49 PM | 1 Like Like |Link to Comment
  • Explaining Gold's Manic Monday [View article]
    Dogg..... Why bail at all ?!!!!!!!!
    Dec 13 05:47 PM | Likes Like |Link to Comment
  • Explaining Gold's Manic Monday [View article]
    Rookie....I gave you a thumbs up....but the idea of "fair" is very hard to articulate in reality.
    Dec 13 05:46 PM | Likes Like |Link to Comment
  • Explaining Gold's Manic Monday [View article]
    "Wouldnt that be like jumping off one sinking ship onto another?"

    No....like jumping off a sinking ship in a raging storm into a life boat....chances are you will still get die, but better to delay and hope for a miracle.
    Dec 13 05:45 PM | Likes Like |Link to Comment
  • Explaining Gold's Manic Monday [View article]
    Ricard....your got it right !!!!! Not just funds selling financials, now we have everyone affected by the EU situation selling ANYTHING they can get their hands on to raise cash. Word is that gold is being sold over and over again; lent over and over again. When this breaks, the breakage will be catastrophic. "Pity the po fools" who are in the chain seeking title for their gold and physical delivery.
    Dec 13 05:44 PM | 1 Like Like |Link to Comment
  • Avon Products (AVP) gains 5.3% AH after announcing it will split its Chairman and CEO roles. Andrea Jung, who currently holds both titles, will be named Executive Chairman, and the company will "undertake an external search" to find a new CEO. Avon shares have been battered this year by weak earnings and an SEC probe, with the decline leading some to view it as an acquisition target.  [View news story]
    SEC Probe.....what are they doing about MF Global and Corzine???
    Dec 13 05:39 PM | 1 Like Like |Link to Comment
  • Austerity Continues To Fail Greece [View article]
    This just in.....Greece's deficit gap widens. Sounds like that austerity program is making good progress.

    http://seekingalpha.co...
    Dec 13 09:03 AM | 1 Like Like |Link to Comment
  • Greece's budget deficit widens to €20.5B through November, 5% higher than a year ago despite a raft of new taxes and collection efforts, as well as budget cuts. Spending rose 3% anyway, much of it due to a sharp boost in financing costs as government bond yields soared. Meanwhile, estimates for economic contraction continue to grow. The math isn't working in Athens.  [View news story]
    So.....how's that contractionary austerity program working for ya.
    Dec 13 09:00 AM | Likes Like |Link to Comment
  • European Banks Need Tons Of Money [View article]
    "Spain’s Santander has sold a stake in its Chilean subsidiary, scheduled a group placement of holdings in the Brazilian subsidiary, and announced a deal to sell 95% of its unlisted Colombian subsidiary. The family jewels are being sold."

    The Banksters use debt to force people, companies and countries to sell their respective fmaily/crown jewels. For a good read, check, "Confessions of an Economic Hitman."
    Dec 13 02:52 AM | 3 Likes Like |Link to Comment
  • It's Time To Sell Gold (At Least For Now) [View article]
    Hate to be dense....but I am an old guy.....who are the "juvenile delinquents"?
    Dec 13 02:26 AM | 1 Like Like |Link to Comment
COMMENTS STATS
10,278 Comments
16,481 Likes