SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Hutton who wrote (200746)5/7/2009 8:44:30 AM
From: ChanceIsRead Replies (1) of 306849
 
>>>Gov. pays creditors of insolvent AIG 100 cents on the dollar. Gov. as a creditor pays itself 0. <<<

That's right. It is a scandal. And its foolishness defies belief. I can tell you what will happen, but I can't tell you when. Let us consider two famous quotations:

For every action there is an equal and opposite reaction. Isaac Newton

Let us accept things as they are and profit off the folly of the world. Mayer Rothschild

So there it is. We know things are only going to get worse. We are witnessing Bernanke following Greenspan's folly of 2001 in lockstep. Ever notice how the amplitude of the vibrations is growing and the period is getting shorter?? Sooooooo...we might have a bigger recovery than I expected. But it will blow up worse.

The reaction.....Dollar gets trampled worse then ever.

Profit off the folly.....short the US (Treasurys) and buy crude and gold. Buy Canadian crude and kill two birds with one stone.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext