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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.87-0.1%Dec 3 4:00 PM EST

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To: Ilaine who wrote (82039)10/24/2011 7:13:40 PM
From: TobagoJack  Read Replies (1) of 218163
 
<<Main reason we are saving, not spending, is uncertainty about what those idiots in Congress are going to do next. Shut down the government, tax the "rich", get rid of the mortgage interest deduction, who knows?>>

- they will not shut down the government, for that would be sure way to end their reign of terror

- tax the "rich"? they may try, success uncertain, unless taxing the rich for the fixed addresses they sport, in which case they would enhance the real estate issues

- get rid of mortgage interest deduction? unlikely. more likely they, in a pinch, hit delete key on mortgage contracts. they must try to revive the "old" economy else they wouldn't be idiots.

- who knows? the for the people by the people knows, deep down in their heart of hearts - monetary reset.

an observation, it is pointless to be thrifty and save some cash here and there, only to stop over at the interim stop that is the soon to be troubled currency itself. rest assured of one certainty, that the usd shall reset, either in a continuous "boil the frog" continuous but jagged down sloping function, or interspersed with a few iterations of discontinuous step-down function, or less painful but more sharp, just go poof on one otherwise calm day, argentine style.

should you insist on not having faith in gold and all derivatives of gold, along with platinum, palladium and silver, the essential metals, then i suggest you consider mcd finance.yahoo.com
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