See http://www.youtube.c...u/1/AdPUV57eblk
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My Prediction - Endgame and Gold
#3
Posted 05 February 2010 - 05:06 AM
Not too bright though. Governments don't have to devalue the value of their scrip to default. The market can devalue the governments scrip with far greater efficiency and speed than that.
See this guy makes the same mistake as everybody else. He only looks at the supply side and forgets the demand side.
X demand (0) = 0
See this guy makes the same mistake as everybody else. He only looks at the supply side and forgets the demand side.
X demand (0) = 0
#5
Posted 05 February 2010 - 05:56 AM
Wulfie's pic is Bryan Monihan is CEO of Bank of America if anyone is guessing. He was appointed CEO of Merrill Lynch after the contentious merger
#6
Posted 05 February 2010 - 06:20 AM
While some of what he says makes sense, it seems a bit too organised on a global scale. He was also very vague. One thing i do know is; in the sphere of economic and human endevour, when things go wrong, they go wrong badly and its messy. While i dont doubt there are some true conspiracys, i believe the saying "faced with the choice of conspiracy or cock-up, choose cock-up everytime" is the best way to go. Just seems that greed, stupidity and short sited thinking are more likely ruling the day than any grand Makavelian plans.
#7
Posted 05 February 2010 - 06:30 AM
Pity one can't track what Goldman Sachs are buying/selling until well after the fact.
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