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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (14198)2/17/2011 9:39:17 AM
From: locogringo  Read Replies (1) | Respond to of 223501
 
The US gov't is bankrupt....they are now like a person in massive record debt....right before they know they're going under, they spend like mad....right before the lights go out.

Is there an ETF that shorts Obama or the US Govt? I don't even think that I would need a 2X or 3X.



To: DebtBomb who wrote (14198)2/17/2011 9:40:56 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 223501
 
If the dollar index were at 30, then gold would probably be above 4000 and silver well above 100, maybe 150 or 200... it wouldn't be a pretty picture for the baby boomer retirees, or for anyone for that matter...

GZ