Comments on: And So It Begins – The First Major European Bank Has Been Bailed Out And More Bailouts Are Coming

By: Gonzalo

Gonzalo — Mon, 10 Oct 2011 15:58:44 +0000

You are using government inflation statistics. However, the government understate the rate of inflation by about three percent. Anyone who was around in 1980, like me, knows that the average cost of goods and services today is about five times what it was in 1980; not about three times. And that the cost of goods and services have nearly double since the year 2000; not gone up by slightly more than 30%.

By: John

John — Sun, 09 Oct 2011 16:49:22 +0000

Get long EUO right now!!!

By: 007

007 — Sun, 09 Oct 2011 15:49:54 +0000

Gold would normally deflate in a deflationary environment. However, it will not in a money printing environment. As long as governments print money, we will not have deflation. We will have inflation, bubbles. Occasionally, these bubbles will burst, like in real estate which will cause price drops. However, overall prices for food, energy, healthcare, education and about everything you need to live will increase.

There is no food bubble and there is no gold bubble.

By: 007

007 — Sun, 09 Oct 2011 15:40:47 +0000

Don’t forget, the central banks and governments are buying gold up like hot cakes. They really don’t have any reason to keep the price down. Rather, they are raising the margin limits to buy it to limit it to the big investors.

Buy the dips. It can me up to it’s record price in a weeks time.

By: 007

007 — Sun, 09 Oct 2011 15:36:44 +0000

The ever increasing inflation along with the decline of the dollar against other currencies will force everyone out of treasury notes. People can not go on indefinitely accepting a serious negative return on investment. Investors are scared to death and rushing into treasuries in a panic stampede mentality.

When European Central Bank (likely with the FED) starts printing money for bail outs, smart money will start searching for more stable places to store wealth. Eventually gold will substantially correct. However not until the dollar bubble and treasury debt bubbles collapse. That will not happen until a few years in the future.

By: Tappedops

Tappedops — Sun, 09 Oct 2011 06:13:08 +0000

Scortched earth policy…

Command and control…

Full spectom dominance…

90 plus years of training….

In the black trunks…

Theee Neeewwww Word Orrrrrderrrrr

And in the white trunks…

By: mondobeyondo

mondobeyondo — Sun, 09 Oct 2011 03:41:42 +0000

Plutocracy belongs on Pluto. Not on Earth.

By: Oscar

Oscar — Sun, 09 Oct 2011 03:40:40 +0000

Sooner or later it will come a world economic collapse. Get ready!

By: Ronnie

Ronnie — Sun, 09 Oct 2011 02:33:51 +0000

Corporate greed and SOCIAL GREED. Ie sit down money. Don’t want to work go on a pension. Hand out’s the social disease call welfare. I AM A VICTIM GIVE ME A FREE RIDE.
Then the corporate aristocracy stealing the wealth of the state.
A violent clean out will occur, then a return to family values, hard work and community respect. With no free rides and no corporate greed and theft.

By: Darren H

Darren H — Sun, 09 Oct 2011 00:44:06 +0000

Good point. What of all these billions that have been squandered in an effort to control the climate – something that we never have had control over, well except maybe for the Chinese.

At any rate, climate change is based on speculation not scientific method.

Unfortunately we the people, at least those that believe whatever their told, have accepted this as fact.

People think about this – the weather can hardly be accurately predicted for 48 hours how are we supposed to put faith in models that suggest what the earth will be like a hundred years from now? Seriously it’s an insult to everyone’s intelligence.

All the major nations are facing economic crises yet some insist we need to forge ahead with the climate legislation – Europe with it’s multiple projects, Australia with it’s ill conceived carbon tax, and the US with it’s Solyndra scheme – it’s ludicrous and simply should not be done.