I have heard about this. A prediction that spring 2009 will bring the bankruptcy of America.
In spite of all these grumblings, we still see commodity prices getting clobbered, which makes no sense.
Rumors are there are LARGE gold transactions going on now somewhere on the other side of $1,000 per ounce. But since they are “off-sheet”, the peasants never know about it.
Commoddities will go up faster than they came down. Obviously they are flailing away with any idea of the moment to try to forestall the enevitable.
I was trying to get a 100 oz bar of silver two weeks ago. The guy would not sell it for spot. Wanted 15 a oz.