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If you pay things like real estate taxes or tuition or health care insurance bills, you think inflation is 8 to 10%. If its fuels, its 30 or 40%. Food is only up about 10%. But rent/cost to buy a house, or a car, are down. Wages/earnings are down. Its pretty obvious the numbers are...

Anyone that thinks this Ponzi scam of an economic system has any future is a total idiot, like the ones running the nation pretending to believe its going to work. Its obvious that nothing has been learned since the 1700's when this happened before, not even the lessons learned then. YOU...

LOL, as soon as they turn off the presses you'll see the depression that it really is...

How about 20 years of dips? With all the debt, its basically a hopeless situation.

Even I am short gold futures so I don't lose so much on all my other positions. What a manipulated piece of crap.

Its Ok, there WON'T BE ANY CAPITAL GAINS to tax by the time OB and Pelosi are done.

LOL, they DID bail it out. They just didn't KNOW about it till after the money was spent.

They can't even make a can opener that will last through opening the first can. Tell me again why they would kill all their customers?

Implement Warren Buffet's "Import Certificates" idea. No trade deficit, no additional tariffs, just PAY the exporters for the right to import.

A large portion of the debt owed is owed to the Social Security and Medicare funds. If the debt were repudiated, almost all retirees would immediately be penniless and unable to buy medical care, medicines, food, shelter or utilities.

Its all a game to fleece you of the money you put in over $1100 by getting you to dump for a loss. You need to learn to sell glee and buy sheer panic, and learn to wait for what you bought in the panic to be worth something again if you want to trade. Real metal should just be...

If they did that, WHY would anyone trust their new debt any more than the old debt? Consider that over 1/3 of the debt is owed to Social Security and Medicare funds. The obvious answers are in the history books. Perhaps others are also possible. 1. You get merged into some other more...

Yeah, I did that after making back the losses from 1987, and stayed out until my business fell apart after 9/11. Those can be ugly lessons and it can take decades or a lifetime to get over the fear of a repeat. I was forced into gambling for a living. It wasn't by choice.

Patents/copyrights, potentially yes brand names, likely yes goodwill, no paper currency, no Not all paper has to be worthless, but paper backed by debt sure is, or will be. Marc Faber has done real well picking what directions things are headed. From Russia Today...

LOL, from today in Moscow http://www.youtube.com/user/RussiaToday#p/u/0/pAJeZaFdbJA

The gold isn't worth any more, its just that the dollar is worth less.

Because we don't use gold or maybe silver as currency anymore, we need to keep liquid enough currency to live off of, but there is no way I would consider SAVING in paper. It is inherently worthless, and if it were NOT to decline in value, governments and bankers would see to it that more...

So... How much is paper money worth, anyway?

Use debt to GNP not debt to GDP if you want realistic numbers

One morning we will have been right and you will find its too late to do anything about it. In 1920's Germany, one single ounce of gold would buy a whole city block of homes.