Comments on: The Calm Before the Financial Storm?

By: jimbo

jimbo — Tue, 25 Aug 2009 18:55:38 +0000

“Of course, it makes sense. Government’s only real function is providing protection and order. What can it protect? Only what is…not what is to be.”

Other than the Bible, above are among the most enlightening words I’ve read.

By: LAGirl

LAGirl — Tue, 25 Aug 2009 15:55:12 +0000

I agree this fall things are going to get ugly again.

By: e rheault

e rheault — Tue, 25 Aug 2009 15:31:23 +0000

Come now you do not trust your government after all you help elect them and keep reelecting them, enjoy the ride its all funny money what could go wrong.

By: JMR Alan Greenspan

JMR Alan Greenspan — Tue, 25 Aug 2009 15:00:40 +0000

I agree with everything mr. Bonner says, except “But the chances of them blowing up completely are too great.”

Dont think so,for the near future. China and the rest of the BRICs are still holding too much dollar to let that happen in this stage. I`d say the dollar has some bounce yet, before the crash. And when it crashes, you dont want gold only, you want a bunker with plenty of food…it will be VERY ugly.

I also disagree with the forecast for the market crash this October. It will come later i guess, the bounce still has too much power and, aside from catastrophic news (a black swan), the next crash shouldnt come untill Q1 2010. I could be wrong though. It will be fun to check.

By: Dennis (EU)

Dennis (EU) — Tue, 25 Aug 2009 10:16:37 +0000

Treasuries everywhere are crap, so are the big currencies; survival of the least weakest – hard to say which.
My guess is, in todays global economy, we will have an overall sudden interest-spike, causing treasuries and shares to fall down simultaneously. But when? Only the devil knows…

By: HALLU

HALLU — Tue, 25 Aug 2009 08:54:46 +0000

Have you checked Goldman sachs stock chart?
Indicating future stocks.
Now he is consolidating.
After long consolidation, is he going to go up?
No you kidding.
Today dow should be flat because yesterday
Goldman ended flat.

By: JMR Dumbfounded

JMR Dumbfounded — Tue, 25 Aug 2009 08:31:54 +0000

9t+12t=21t. On the eve of another week of record issuance,the jetsetting cool internationalista-lite spokesperson,Mr B.Obama, announces yet another 9 trill over the next 10 yrs….isn’t there some kind of message in this message….isn’t Mr Obama really saying “bring it on…”

By: Bloomer

Bloomer — Tue, 25 Aug 2009 00:43:37 +0000

I can see the greenback drifting lower. It is not however, in the best interest of the Chinese, or any other large holder of U.S paper, to allow the dollar to collapse. The U.S is ironically, like the large financial institutions they bail out, they are too big to fail.

By: Lost & Found

Lost & Found — Mon, 24 Aug 2009 21:21:27 +0000

As long as the US is the only remaining superpower on earth, treasuries continue to be bought. Gold didn’t get smarter through the centuries but weaponry did.
Of course, I could be wrong.