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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.98+1.3%Nov 28 4:00 PM EST

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To: Follies who wrote (55040)9/15/2009 10:14:39 AM
From: westpacific1 Recommendation  Read Replies (2) of 218106
 
""how can the Fed go bankrupt if it can print money?""

How, If a country like China or Japan no longer honors the derivatives of the private banks that make up this institution...

That is how.

And then tells America it will only sell to them in exchange for gold and will offer no more credit.

Wednesday we see what China may do. Dale the game is very much on right now...

Cannot believe 6 folks laughed at the post of yesterday, Sat is the smartest man on planet earth when it comes to derivatives and he says we have the biggest fraud ponzi game ever on with the banks right now. It is fraud!

Mindblowing; do you folks really understand what is ongoing behind the scenes?

Enough for a few weeks; let things start to unravel and perhaps an update.

West
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