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Author Topic: 20 Reasons Global Debt Time Bomb Explodes Soon........  (Read 75379 times)

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Offline Bill_Carson

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Re: 20 Reasons Global Debt Time Bomb Explodes Soon........
« Reply #140 on: April 25, 2011, 12:54:40 PM »
If you own your Gold or Silver in what's known as a "pool account", you don't really own it ... if there's ever a true supply squeeze, you'll want your metal in your own hands before the S.H.T.F. ...


    YouTube
        - Precious Metals Storage Scam: 'Sorry, Delivery Is Not Possible'
 
There are 2 types of people in this world my friend; those with loaded guns, and those who dig.

Offline Bill_Carson

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Re: 20 Reasons Global Debt Time Bomb Explodes Soon........
« Reply #141 on: April 27, 2011, 08:31:18 AM »
Manager of the world's largest Bond Fund unloads on the Fed and US debt;

US Reaches The Keynesian Endpoint - The QE2 Ponzi Scheme Is Nothing But A Profit Illusion ...

Pimco's Observations - QE2 Ponzi Scheme Is Nothing But A Profit Illusion | zerohedge.com ...
There are 2 types of people in this world my friend; those with loaded guns, and those who dig.

Offline Bill_Carson

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Re: 20 Reasons Global Debt Time Bomb Explodes Soon........
« Reply #142 on: April 29, 2011, 10:34:28 AM »
The "90% ratio of government debt to GDP is a tipping point in economic growth." For 800 years "you increase it over and beyond a high threshold, and boom!"......

Debt time bomb - Paul B. Farrell - MarketWatch

Now, one year later the Gold price is 34% higher ... and many major Govt's are still caught in their debt traps, with no escape in sight ...



 
There are 2 types of people in this world my friend; those with loaded guns, and those who dig.

Offline Bill_Carson

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Re: 20 Reasons Global Debt Time Bomb Explodes Soon........
« Reply #143 on: April 29, 2011, 11:39:05 AM »
The "90% ratio of government debt to GDP is a tipping point in economic growth." For 800 years "you increase it over and beyond a high threshold, and boom!"......

Debt time bomb - Paul B. Farrell - MarketWatch

The public will soon wake up to the magnitude of money printing that is going on to support the economic recovery fallacy. When the public does become aware, “Money Velocity” will accelerate. When this happens, the likelihood is that the markets will dramatically rise, not because economic conditions are improving, but rather because of a depreciating US dollar...

2011 Tipping Points  | zero hedge

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Offline Bill_Carson

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Re: 20 Reasons Global Debt Time Bomb Explodes Soon........
« Reply #144 on: May 16, 2011, 08:54:49 PM »
The "90% ratio of government debt to GDP is a tipping point in economic growth." For 800 years "you increase it over and beyond a high threshold, and boom!"......

Debt time bomb - Paul B. Farrell - MarketWatch


US Debt Ceiling To Be Breached Today; Govt. To Tap Pension Funds ...

The United States is expected to reach the legal limit on its debt later on Monday and will start dipping into federal retirement funds to give the country more room to borrow, a Treasury official said...

US Treasury Confirms Debt Ceiling To Be Breached Today; Will Tap Pension Funds | zero hedge ...
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Offline Bill_Carson

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Re: 20 Reasons Global Debt Time Bomb Explodes Soon........
« Reply #145 on: May 25, 2011, 11:02:22 PM »
At the Doug Casey Research Summit, Porter Stansberry talks about America's precarious debt situation ...


    YouTube
        - ‪Porter Stansberry:  We're All Going to Have a Big Problem‬‏
 
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Offline john01

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Re: 20 Reasons Global Debt Time Bomb Explodes Soon........
« Reply #146 on: May 26, 2011, 12:04:56 AM »
i need to know more...

Offline Wil

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Re: 20 Reasons Global Debt Time Bomb Explodes Soon........
« Reply #147 on: May 26, 2011, 06:41:57 AM »
Hey Bill;  Any ideas floating around as to how we can hedge our retirement savings against the coming currency depreciation/inflation ? Don't know if gold is going to climb much more.  ...Wil

Offline Bill_Carson

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Re: 20 Reasons Global Debt Time Bomb Explodes Soon........
« Reply #148 on: May 26, 2011, 01:15:43 PM »
Don't know if gold is going to climb much more.  ...Wil

There's an increasing amount of talk lately amongst respected economic thinkers about a defacto Gold standard coming within the next years years ... if it materializes, expect much higher prices than todays price, IMO ... this Professor sums it up pretty good ...

No Return to Gold Standard - But Dollars Importance Fading, Peter Morici Says ...
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Offline Wil

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Re: 20 Reasons Global Debt Time Bomb Explodes Soon........
« Reply #149 on: May 26, 2011, 03:51:25 PM »
Yes, Morici's a practical, level headed teaching economist. He usually makes sense, mainly because he's easy to understand and most emphatic about what he says.
Still, gold is valuable only because we say it is and if things get really bad, as in people pushing wheelbarrows of paper money to the store,  all that could change too, and with little of no warning.  Not unlike the demand destruction during the previous price of oil boom-people in the U.S. quit driving and the price of oil dropped like whatever nasty term you might want to use; but not for the same reasons.  <-laugh-> <-laugh->  ...Wil

 


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