"That is a role that Germany has been eager to avoid and remains unwilling to accept. But Germany has no real choice. A breakdown of the euro would precipitate a banking crisis that would be beyond the global financial authorities’ ability to control. The longer Germany takes to recognize this, the higher the price it will have to pay."
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SGS What ya feeling tonight .. up or down on open.. I,m thinking up tonight and beat back down tomarrow.. I would't mind being back over 40 for a bit.
ReplyDeleteGap at 39.02 that needs to be filled.
ReplyDeleteSoros needs to be charged and convicted as a traitor of America. Then given the penalty traitors deserve!
ReplyDeletego Long. Hold position until it breaches the $80.00 mark.
ReplyDeleteHey all I'm still here, having trouble finding decent silver hence in exchange for my computer.
ReplyDeleteThe most expensive I could find was only around $75 for some low-grade numismatic and they didn't have many of them. I'm looking to get at least $750 for my laptop in trade so I'll need to find something better.
Any tips on finding the most expensive silver 1 oz pieces? ;)
@Diabolitio -
ReplyDeletehttp://cgi.ebay.com/1989-10Yn-1-oz-999-China-Silver-Panda-PCGS-MS70-POP-2-/130560556380?pt=LH_DefaultDomain_0&hash=item1e6603fd5c
Even better...
ReplyDeletehttp://cgi.ebay.com/1993-AMERICAN-SILVER-EAGLE-FIRST-STRIKE-NGC-MS70-POP-1-/180707611979?pt=LH_DefaultDomain_0&hash=item2a1303554b
Gap filled at 39.02. Currently 38.98 Near 39.235 when first post happened. Gain (currently) of $1,175. Not bad for an hour!
ReplyDeleteHe is so trolling man .. come on . only for the lolz
ReplyDeleteMathematics is f'n bitch for economists.
ReplyDeletetomorrow is an aniversary..aug 15 1971..the day tricky dicky pulled the plug on gold backed bux...cant have a rally in the traditional relic, can we?
ReplyDeleteThis is indeed a warning shot, he's part of the current elite, and viewed as a authority so this will have an impact on the community that holds this person high.
ReplyDeleteI spent a few hours here and there with his son Johnathan. He basically said smart investing is cycles investing and just make sure you transfer your wealth into each new wealth class cycle ahead of time and get out just before the mania pops. This time its commodities, especially Gold ( Silver comes along for the ride ). The super rich like Gold ahead of Silver.
ReplyDeleteHe also said paper versions of real assets are exactly that, paper e.g. GLD and SLV are ponzi schemes. PHYS and PSLV are real, but governments can mess those up as well i.e. you want the real stuff!
Also, agriculture/land ( not real estate ) is a big play.
Getting difficult to get 1 oz. Krugerrands in the UK
ReplyDeleteOne large London online coin dealer is not even listing them.