To: Chickensoup
Read some Ann Barnhardt - America is going down the crapper what with QE1, QE2, Twist, QE3 to infinity. Watch out when the bond markets can no longer find buyers for US Bonds............
Personally I am getting out of all stocks, dumped by 401K and am liquidating my IRAs before the Government takes them. I am gladly paying the taxes upon liquidation - the proceeds are all going into gold and silver, leaving enough in bonds to live off the interest (and my paltry SS check).
6 posted on
09/27/2012 9:50:10 AM PDT by
Cheerio
(Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
To: Cheerio
Watch out when the bond markets can no longer find buyers for US Bonds............ Uh, that is already the case. 75% of federal debt is being bought by the FED and the rest by foreign banks. There is essentially no private buying of US Treasuries right now. Some of the FED buys are being done through surrogates to maintain the public fiction that there is any demand for US debt.
If a major player, say a ratings service, came out and said that publicly the house of cards would start coming down. But they won't. Like everyone else, they are scared sh*tless of what would happen. I guess the triggering event will be something else.
19 posted on
09/27/2012 10:13:48 AM PDT by
ChildOfThe60s
(If you can remember the 60s....you weren't really there)
To: Cheerio
Gold and silver and probably some tungsten, it's even in coins now.See Zero Hedge-> http://www.zerohedge.com/news/2012-09-24/get-your-fake-tungsten-filled-gold-coins-here
32 posted on
09/27/2012 11:48:37 AM PDT by
arthurus
(Read Hazlitt's Economics In One Lesson ONLINE www.fee.org/library/books/economics-in-one-lesson)
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