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The time is now! From recent reports the US has only $200 billion in reserves before it needs to again extend its debt. The Democrats will probably say No to make it harder for Trump. What will he do if there is no more money available ? The $200 billion will only last another month. Will the...

Alan Kohler on ABC news gave a report on the health of the US economy! All good news for the Obama years (2008 to 2016)...Unemployment down from 10% to only 4%....Gdp at 3.4% gain.....Dow jones up to record high...etc etc. What he DIDN'T SAY!! Food Stamp Welfare Payments up to 50...

After over 30 years in the coin business, John Felesina from Coins and Collectables whose business is situated in a heritage building at 180 Bourbong Street, Bundaberg, has now on the market his own 1oz Round. The round has the heritage building on one side along with the date he started...

MSM had better learn quickly about reporting a more balanced approach for politics and war. Here we have the upper house in NSW issuing a statement regarding Trump which does nothing but degenerate him.. Now that Trump has won and they have egg on their face, will they issue an apology? I think...

Not even the best financial gurus will even hazard a guess as to when this will happen..Meanwhile the banking crowd say it will never happen again and so say the politicians. Now I feel sure that all members on SS would dearly love to know if and when the banks find themselves in the shit in...

Max Keiser report in Ep. 980 that RBS has ripped off 16000 of its small business customers by stripping assets. Our financial system must surely collapse if small business can no longer trust banks to help them expand their business. We have already have the Commonwealth bank under...

On the 1st October the Chinese Yuan will join the US$, UK pound, Yen and the Euro in the IMF backed currencies. SDR = Special Drawing Rights. China will have 10% of the total. The Question is what will be the impact on the world markets?. IMO with such a large sum of $$$ the markets should...

Nowhere in their balance sheet do you see their Derivative exposure! Why? It is what is referred to in big banking circles off the book accounting! $15 trillion exposure? Bank's capital $950 billion. London to a brick is the bet! Betting on the nod :) Paint your painted pony let the spinning...

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...

Did anyone here on SS ever start stacking when silver was $5 oz. Wouldn't it have been lovely if to have had the knowledge then to have started stacking. IMO most of us have missed the chance of a lifetime to stack silver! Just imagine buying at $5oz, selling at $50 oz or even now at...

OK Who has the best NBN plan. FIBRE or Copper? Regards Errol 43

Seems like the supply of sand worldwide is becoming an issue. Building roads and buildings needs a huge amount of sand in their construction.. I was of the opinion that this surely was not true! What about the desert sands? Seems like the sands from the desert is of a different molecular...

Just watched Max Keiser( EPS 920) on RT. Seems like Oklahoma is having big problems with water Quality and earthquakes because of fracking. What will the implications be in Australia with regard to fracking when the TPP comes into force and supports fracking? Already we have seen one Company...

Over the past week we have at least 4 road deaths in Australia with large trucks involved. Just recently we had private operators driving around Canberra protesting about wage rises for drivers which they claim will drive them out of business. Well I'll tell you one thing a hell of a lot of...

IMO Morrison needs to take a few lessons from Costello..He speaks far too fast...Costello warned before the last election of spending too much on Gonski and the NDIS but did anyone listen/ No They didn't. Why? Because they wanted to get elected. Costello knows that it is not the time to give...

Where will the jobs be in the future? There are already Big M stores in the US where robots and computers do 90% of the work.Order the burgers on touch screen,.Flip the burgers,pack the order ,serve the customer and take his payment. How many worker will that displace? In the next two...

What a bloody mess the Dairy Industry is in now yet if was only 10+years since John Howard brought in a plan Which basically whipped out the dairy industry here in Qld and Northern NSW... Many left the industry here in Qld as the fresh milk supply was handed on a platter to Victorian Dairy...

OK ! we are going to train 18year old kids for a job. Well what about the 200,000 Car Industry employees that will loose their jobs when the plant closure of Ford, Holden and Toyota, what will they do..Not a bloody mention of the problems that Australians will face in the near future. Another...

IMO we indeed need a Royal Commission into banking in Australia. Why? During the GFC of 2007/8 the RBA borrowed US$53 Billion whilst NAB borrowed US$1 billion...MSM did not report this.. However the problem with Derivative trading is much worse today as the Casino rolls on. Off the book...

Having just had a look at the Australian debt Clock, Our federal government is borrowing at the rate of $90,000 per minute. However comparing our debt to the USA, WE SEEM TO BE IN A BETTER POSITION. Seeing their population is about 15 times as big then our federal debt of $470 billion is not too...