U.S buys more time....again!

Discussion in 'Markets & Economies' started by TheEnd, Jan 31, 2013.

  1. TheEnd

    TheEnd Well-Known Member

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  2. TheEnd

    TheEnd Well-Known Member

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  3. Silverthorn

    Silverthorn Well-Known Member

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    hmm. probably means PMs will trade sideways quite a while longer?
     
  4. rbaggio

    rbaggio Active Member Silver Stacker

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    It is actually quite mind-boggling that the bond vigilantes haven't started their exodus from US Treasuries, and that yields have remained so low. 2 year Treasuries are at 0.27% :lol:

    Especially when the top Democrat in the Senate makes a statement like this:

    EDIT: Just rethinking, maybe its different this time because the bond vigilantes are actually foreign creditors. So geopolitics comes into it.
     
  5. TheEnd

    TheEnd Well-Known Member

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    Well we got allotta sideways action coming this year.... Apparently this new deal will get them thru until August.... I'm soooo over waiting for this apparent debt explosion to go off.... Is it ever actually going to happen? I have also heard from one online source that they will do all sorts of tricks to prevent a default EVER happpening at all..... So why should I stack pm's I'm beginning to think??? :mad:
     
  6. willrocks

    willrocks Well-Known Member Silver Stacker

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    Not sure how this news could be considered negative for PMs? If anything it was exactly what most gold-bugs expected well in advance.

    Anybody who thinks the US will default soon needs a reality check.
     
  7. KMGeneral

    KMGeneral Member

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    Hey, the longer they go sideways the more I can buy. But, I'm in this more for savings than investment.
     
  8. Silverthorn

    Silverthorn Well-Known Member

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    they could deflate. actually cut spending. highly unlikely but a lot of people like to hold their fire until they see the whites of the eyes.
     
  9. wrcmad

    wrcmad Well-Known Member Silver Stacker

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  10. trew

    trew Active Member Silver Stacker

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    Everybody knows it cannot go on forever and the day of reckoning will come, but nobody can know when

    That day of reckoning could be next week or it could be in 10 years time.
     
  11. TheEnd

    TheEnd Well-Known Member

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  12. Agauholic

    Agauholic New Member

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  13. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    ^^^^
    well I just learned somethin'
     

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