Then you must not read or listen to MSM... as I read about this on both Reuters and Bloomsberg on Saturday(as in last week)... this old news and this has been standard procedure for every shutdown that I know anything about.
I was referring to the mainstream news channels here in aus not specialist business websites. Haven't heard any of them mention this. I'm happy to be corrected if otherwise.
I prefer to get my news regarding the USA first-hand instead of second-hand from the Australian news, a few clicks I can get news about the USA from Wall Street Journal, Reuters, Bloomsberg, CNN, etc just like I can get first-hand Australian news with a clicks from The ABC, Sydney Morning Herald, The Age, Australian Financial Review, etc. I would rather not wait to hear the news regurgitated by Kochie on Sunrise on Channel 7... which is why I do not have a television or radio... apologies for mistaking USA news feeds as mainstream new media.
Another one, Peter Schiff a bit incredulous at what is being called in Florida an effort to "shut down the ocean". Through spending more money/currency to try prove the government has no money, or course. [youtube]http://www.youtube.com/watch?v=wm3hKHGP_rQ[/youtube]
well the default crisis has been adverted. Silver down, stock market has a rocketed up, good time to buy some stocks. <------ Sideways ------>
I learned today that the mean spirited shut down moves include National Park Rangers who are supposedly not at work stopping people getting off buses and taking photos, preventing anyone stopping at all under Mr Rushmore, and even taking the handles off drinking taps placed in wilderness hiking trails. There is a quote from a park ranger doing the rounds that they were told to make life for anyone they come into contact with, as difficult as possible. Very anecdotal but 100% believable. It's all so vindictive.
Markets should prepare for the solving of the shutdown, because it looks like they're going to reach an agreement. I think the US government will do all possible to avoid a shutdown. It's in their interest. So the debt will grow. Markets will have to get prepared for more debt (no shutdown!), more QE, so eventually we might see higher PM prices prolly next year or in 2015... Get prepared for a great buying opportunity.
it was a "great" buying opportunity @ $45, then $40, then $35, then $30 then $25, now $20 you keep telling your self that if it helps you sleep at night.
I don't understand what you're saying... please explain. I think this debt ceiling issue is artificially-pumped hysteria. It will be over once they lift the debt ceiling. And then everyone will be pleased. Not me, I think the real problem is the debt. So, indeed, siver's a great buy now at 20-21 $, prolly it will dip to 18-19 $ (by checking the charts, most are expecting that price), so this will be a fantastic buying opportunity. Just watch Yellen next year. If they pump the QE harder, we're going to see 30+ $ silver next year
I am saying people have been saying silver has been a great buy over the last 2 years when it simply has not been the case. Leaving your cash in the bank has been better and the stock market -- far far far far far far better. Silver has gone from $49 down to $20 any one of those "great buying" opportunities over the last 2 years have turned out not to be so. and we might see $30 next year though I do doubt it and feel it will be 2 years or more until we see it again and this "great buying" opportunity will be with us for at least for this amount of time. People here have been saying we will see $30 by the end of this year wich is even crazier and less likely
A lot of videos popping up and the tab being given to some is a new term: "Barrycades". Clever. I love how The People turned up in Washington this weekend and tore down the Barrycades. They then carted them off, and didn't throw them at the steps of Congress, but at the fence of The White House. Amazing, would be a great community spirit to be there in the chain of human beings carrying the Barrycades back to whom they are sourced. Lot of videos on this thread already, so I'll just link this one. What wildlife think of the Barrycades: http://www.youtube.com/watch?v=nJqmStnPvEw
All it would take is an overzealous park cop shown on an Iphone camera laying into a Vet on the steps of the whitehouse and I reckon it would be on like donkey kong
How did cash in the bank go for the people of Cyprus this year ? It may not happen tomorrow or next year, maybe not for years even but sooner or later the system will fail. I personally see Silver and Gold as long term insurance against a totally corrupted and extraordinarily turtled system. Sure I may be down a few dollars here and there at the moment but with my stack the risk is all mine, I do not have a third party risk to monitor or worry about when laws are changed with the likes of bail ins or bank failures, Govt deposit schemes or the weekly crap dished out by the financial string pullers like Goldman Sachs etc. Au $ drops Gold and Silver is still Gold and Silver, America implodes, Gold and Silver is still Gold and Silver. In the meantime, life as we know it and have become adjusted and accustomed to is poised on a knife edge. We now live in a society that is for most people solely involved in the here and now, social media and the 24/7 news cycle dictate the majority's appreciation of what life is. Attention spans and planning for the future have become shortened and expectations exaggerated, get it now on 36 month interest free terms with no job, savings, and bad credit and centre link recipients welcome. Not so long ago people worked and saved, built a credit profile, did not expect overnight wealth and success in life. They relied on themselves and their family's to put a roof over their heads and food in their kid's mouths and planned for the future on a long term basis. IE five to ten years or so. I might be sort of in the older demographic here but is five years too much to ask for a plan to come to fruition ? How long before this becomes the norm ? http://www.naturalnews.com/042479_EBT_cards_Walmart_looting.html# [youtube]http://www.youtube.com/watch?v=WXlvpmQ_ip8[/youtube]
