I read the US is on the verge of raising the debt ceiling 50% to $21, 000, 000, 000, 000.00. If this is the case game over for the USD? True. So with this in mind are you ready for the Bull run to beat all Bull runs, starting pretty much from now. It'll be a rocky ride but if you aint on the train now you best be filling your boots Hiho stackers, away!
Yeah can't find anything either... I doubt the Fed would do something as obvious as that, they might raise more capital via other means (pensions for starters! IRA 401k soon!) etc
+1 This article is hardly a credible source. A web page that says "There is talk of him raising the debt ceiling by 50% to $21 trillion", with no links at all to his source of this 'talk'! There is talk that pigs fly, I'll just go and create a webpage that says it.
I read they need a Tril of that before September, I guess the Romans thought they were invincable too a one stage.
Well you see you just have to be careful what you say, because he's been pushing silver right from the record GSR level, I would have thought a well versed man like yourself would do a little more research. And yes I am a big fan of the Daily Reckoning, Money Morning and also Diggers and Drillers, I am a subscriber, I have no shame
G. W. Bush said on his re-election he will cut the deficit in half on his second term. B. Obama said in his election campaign he will create 3 million jobs if elected. And finally
weel thought i'd drag this ol link out as the subject is trillions http://www.varmintal.com/trillion-dollars.htm
think he did one in december from recall I haven't paid close attention, but some spark apparently deduced that out of the four pure plays he reco'd two and cobar was one of the two he did not recommend, with a disclosure that he could not tip stocks he was invested in.
