Ever played a game of Monopoly? Predicting the endgame isn't that hard to do.
I call bullshit. Germany is a welfare state, and their fiscal problems are nothing compared to ours. The banksters create financial...
CORRECTION - it's almost a TRILLION dollars: EU Crafts $962 Billion Show of Force to Halt Crisis (Update2)...
Interesting response. You reframed my question. You also state "Therefore, a printing press buys you time to get your fiscal situation in...
MartinG - I don't know if you missed it or didn't have time to address it, but I brought up a point countering yours re: UK having a printing...
Portugal has a population of 10.6 million people They also have 385 tons of gold. The UK has a population of 60 million people. They only...
Someone at the PPT was too busy surfing porn to flick the switch in time. Looks like he still hit the switch - just not as fast as he should...
Watch the Euro/Gold price. Unlike the US, the EU marks their gold reserves to market. Gold will be their last chance. It's a question of...
He was right about Citi back in 2007/2008. At $30+ he said it was a $5 stock. He was one of the first to say that all the big banks were...
Correct - anything is possible in a fiat money world. The ECB will now take junk debt (Greek debt) as collateral. The Federal Reserve's...
Let's not be too simplistic here. This money is created out of thin air. It's not really savings. The ECB takes EU member states' bonds as...
I fear that the government workers and punk anarchists just destroyed Greece's tourism this year. That's a large part of the private sector.
No time for a detailed follow up right now. But as I said.... gold and/or SDRs will be the endgame: <object id="cnbcplayer" height="380"...
Debt need not be paid off completely - it just needs to become manageable. Paid down, not paid off. No Sovereign needs to be debt free. Not all...
You don't get it. Greece isn't being bailed out. The entire debt-based international paper monetary standard is being bailed out. Greece is...
Europe is sitting on the world's largest stockpile of gold. They even encourage it as a financial instrument per EU Directive: In order to...
You have it backwards - what you described will be the catalyst for this to happen. Not the other way around. Gold will not be used to destroy...
Very true about the US and its gold. I think this process is already underway. Whether by design, or natural monetary evolution - at least...
There is one remaining viable option that Europe has. And only one, outside of default or disintegration of the Euro. It's gold. I know, many...
You don't get it - there are no jobs. Let me be a little more precise. There are millions of unemployed people - from the middle class - that...
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