U.S edging closer to catasrophic default.

Discussion in 'Markets & Economies' started by TheEnd, Oct 7, 2013.

Page 6 of 7
  1. col0016

    col0016 Active Member

    Joined:
    Jan 4, 2011
    Messages:
    2,466
    Likes Received:
    4
    Trophy Points:
    38
    Location:
    Australia, Melbourne
    This children is what we call a fear mongering exaggeration.
     
    col0016, Oct 16, 2013
    #101
  2. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

    Joined:
    Mar 22, 2010
    Messages:
    8,311
    Likes Received:
    7,701
    Trophy Points:
    113
    Location:
    House Corrino
    An event of this magnitude does not unfold randomly. The whole thing was pre-detemined and stage managed and the outcome was decided a long time ago. Ignore the bread and circuses and ask the only relevant question - Who would benefit financially from a US default? If it occurs then you have your answer as to who controls the politicians. If it doesn't occur, ask yourself "Who benefited financially from the threat of a default"? You will get the same answer. Someone is making money from this event. Follow the money and power trail....
     
    Shaddam IV, Oct 16, 2013
    #102
  3. SilverJay

    SilverJay Member

    Joined:
    Apr 18, 2013
    Messages:
    137
    Likes Received:
    8
    Trophy Points:
    18
    Location:
    Australia
    Cyrptic.... and severely lacking in answers. Do you know who is? Or will you enlighten us...?
     
    SilverJay, Oct 16, 2013
    #103
  4. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    Why is China buying so much gold?
    Why are so many trade deals avoiding the USD (China Aust, China Iran, Russia Iran, etc etc)
    Why is China issuing warnings to the USA about default and why is it all front page news?
    Why is the IMF issuing warnings to the USA about default and why is it all front page news?
    Why is the BIS dumping on the Comex to make gold so affordable for China?
    Why have the Euro problems disappeared from the MSM when not much has changed there?
    If one man (Obama) can stop all this drama with a wave of pen then why doesn't he?

    Because 'they' have done all this before:

    and quoted elsewhere from Jim Sinclair:

     
    JulieW, Oct 16, 2013
    #104
  5. TheEnd

    TheEnd Well-Known Member

    Joined:
    Oct 6, 2011
    Messages:
    2,496
    Likes Received:
    26
    Trophy Points:
    48
    Well tmrw is going to be a BIG day for the U.S.....I will be on my computer all day watching it unfold......Lets hope they sort out some sort of deal ASAP.
     
    TheEnd, Oct 16, 2013
    #105
  6. Scyb

    Scyb Member Silver Stacker

    Joined:
    Nov 21, 2012
    Messages:
    821
    Likes Received:
    10
    Trophy Points:
    18
    dont lose sleep over it. It will be raised by tomorrow morning and metals will be smashed
     
    Scyb, Oct 16, 2013
    #106
  7. SilverJay

    SilverJay Member

    Joined:
    Apr 18, 2013
    Messages:
    137
    Likes Received:
    8
    Trophy Points:
    18
    Location:
    Australia
    Is the 'smashed' reference because you think people will swing towards currency and use the announcement as a confidence boost?
     
    SilverJay, Oct 16, 2013
    #107
  8. trew

    trew Active Member Silver Stacker

    Joined:
    Aug 24, 2011
    Messages:
    3,653
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    Melbern
    Do something more useful with your day
     
    trew, Oct 16, 2013
    #108
  9. Earthjade

    Earthjade Member

    Joined:
    Aug 4, 2011
    Messages:
    872
    Likes Received:
    1
    Trophy Points:
    18
    Location:
    AU
    Amen to that.
    A few years ago, I thought nothing could break my spirit - then I bought gold and silver.
     
    Earthjade, Oct 16, 2013
    #109
  10. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,678
    Likes Received:
    4,439
    Trophy Points:
    113
    Try a teenage daughter EJ. :lol:
     
    mmm....shiney!, Oct 16, 2013
    #110
  11. errol43

    errol43 New Member Silver Stacker

    Joined:
    Apr 13, 2010
    Messages:
    5,993
    Likes Received:
    15
    Trophy Points:
    3
    Location:
    Bundaberg
    Won't be tomorrow ... Time zones...Tune in Thursday night Midnight to 6 Pirit Radio. :D

    Regards Errol 43

    You have to know when to walk away and know when to run. A deal will be done..
     
    errol43, Oct 16, 2013
    #111
  12. lucky luke

    lucky luke Well-Known Member Silver Stacker

    Joined:
    May 15, 2011
    Messages:
    1,911
    Likes Received:
    179
    Trophy Points:
    63
    Location:
    Qld
    I believe it's "in God we trust"............... :rolleyes:
     
    lucky luke, Oct 16, 2013
    #112
  13. Garnet

    Garnet Active Member Silver Stacker

    Joined:
    Dec 5, 2010
    Messages:
    600
    Likes Received:
    78
    Trophy Points:
    28
    Location:
    Melbourne
    Garnet, Oct 16, 2013
    #113
  14. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,656
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    NSW
    Great! We can go through the whole charade again in February. There's nothing like continual threats of debt default to spur an already failing economy
     
    Caput Lupinum, Oct 16, 2013
    #114
  15. Earthjade

    Earthjade Member

    Joined:
    Aug 4, 2011
    Messages:
    872
    Likes Received:
    1
    Trophy Points:
    18
    Location:
    AU
    Can has been kicked, but metals not smashed down on the news.
    The second part is the only surprise today.
     
    Earthjade, Oct 16, 2013
    #115
  16. TheEnd

    TheEnd Well-Known Member

    Joined:
    Oct 6, 2011
    Messages:
    2,496
    Likes Received:
    26
    Trophy Points:
    48
    Maybe they didn't want everyone to have a horrible Xmas and are delaying the default until next year?

    Wonder if they'll go through all that same BS they just did again Jan 2014?
     
    TheEnd, Oct 16, 2013
    #116
  17. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,678
    Likes Received:
    4,439
    Trophy Points:
    113
    What are you going to do today then TheEnd? :lol:
     
    mmm....shiney!, Oct 16, 2013
    #117
  18. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,656
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    NSW
    Like anyone is going to go on a spending spree over xmas knowing 4 weeks later the threat is back. The October - December retail figures are going to suck ass. Unless of course the government shuts down again and can't report the suck ass data.
     
    Caput Lupinum, Oct 16, 2013
    #118
  19. TheEnd

    TheEnd Well-Known Member

    Joined:
    Oct 6, 2011
    Messages:
    2,496
    Likes Received:
    26
    Trophy Points:
    48
    Look for a job.... And try to work out a deal with missus so she'll let me back home i'm living at my mums this week! :D
     
    TheEnd, Oct 16, 2013
    #119
  20. TheEnd

    TheEnd Well-Known Member

    Joined:
    Oct 6, 2011
    Messages:
    2,496
    Likes Received:
    26
    Trophy Points:
    48
    Apparently November is a really important month because they gotta pay lots of bills then?
     
    TheEnd, Oct 16, 2013
    #120
Page 6 of 7

Share This Page