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Old Codger Silver Stacker Registered: 2011-05-13 Last Visit: Today Posts: 4,270 Email PM Re: Japan rules out 'helicopter money' We had our own helicopter money in 2008 when the politburo sent us all a $900 cheque. The US sent a Jumbo Jet to Wall ST to bail out the banks...

Seems like I would not have any chance of buying or selling here on SS. 6000 + posts with only six trades! Why? I have always bought more than 95% of my silver here in Bundaberg. I don't have to pay postage! Also my local dealer really looks after me and I have got some great bargains at...

$20 Trillion US debt pales into comparison compared to what the major banks play with in Derivatives.. When one bank cannot play their debt, then it is all over. Deutsche Bank has at least $70 trillion in Derivatives and only $95 billion in capital. 10 years? IMO 10 months at the most will be...

66 round Fifties= 1/3 oz silver...Good fraction = same as pre 46 florin. You will always get over spot with 66 rounds. Regards Errol 43

Try again! Errol 43Can anybody tell me? HIP HIP Hooray!

test 1. V Regards Errol 43

ON TRACK? Regards Errol 43

OC could you just explain a little more on step 3...Please explain to a dumb Queenslander! Regards Errol 43

Well who is? Regards Errol 43

Yep. I listened.. What a story! Would make a great movie. Lasseter would have to get the Biggest bullshipper in Australia's history. :) Regards Errol 43

Isn't he a former leader of Goldman Sachs? Just as well he put his hand in his pocket to help out the libs inthe marginals or he would have been back as a Derivative trader. :) Regards Errol 43

ANZ leader,David Hiscoe, in NZ is warning about a financial storm in the housing market in NZ...The median price of a home in Auckland is $1.1 million...The bank is now asking first home buyers for 30% deposit and investors 40%.. He went on to indicate that once the storm broke things would go...

I often wonder did he bring back any samples from his first trip? Regards Errol43

Surely you jest! 100 billion in interest per month...Australian Government debt is at $400 billion...Even at 4%p.a. that is only around $1.5 billion interest per month. 1% Interest rates are quite probable over the next 12 months but with it comes with banks giving minus interest rates for...

if the AU$ wasn't so high 76.23,, Silver may well go over $27. Maybe interest rate will drop next month? aker 43

Wait 3months... Julie W sends another package, same size, same weight (heavy coins no value) to the buyer ... Buyer sets up camera and waits for delivery... Some idiots never learn... Too clever by half! A long shot but you never know unless you try! Start up conversation with AUS Postman...

The local dealer here in Bundaberg for 36 years told me that when the price of silver was $5oz, there was no buyers! People would bring in $10 coins and he would tell them to take them to the bank where they would get double the spot price.. The most amazing aspect of this era was the amount...

Two of Australia's major banks (National & Westpac) were given $4.6 billion during the GFC. As I have said the banks lend long with short term loans, what happens when those short term loans dry up as happened in the GFC. Again I will probably be reminded that it was paid back quickly...

12 nations now have a triple AAAA..Who cares really! Not one of the ratings agencies predicted the last GFC, Why would it be any different next time:rolleyes: Regards Errol 43

Australia was lucky in 2008...Next time we may well be in big trouble as Australian banks borrow short and lend long! Last time we got help from the US Federal Reserve... Don't expect to be rescued next GFC! Regards Errol 43