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When Spain goes bust they can always collateralize their debt with some good Iberian ham: :cool:

Certainly one can relinquish it in a sufficient manner as to not having to worry about the US "going down the drain" (as the consensus here proclaims). On top of that, children can be born without a US citizenship, freeing them of future US tax or other obligations.

You can always relinquish your US citizenship, move to a tax haven offshore and jump off the shovel of the Grim Reaper.

You will achieve stardom at the Kitco forums, no doubt about it :cool:

Moody's waited until March 2009 (!) to downgrade Japan from AAA. By that rate, it may take a decade or so before they move on US debt.

Have a look at traffic shaping, I am using CFOS to give certain applications/protocols ping priority in my network http://www.cfos.de/speed/cfosspeed_e.htm

Who cares about bond spreads, all we care about from Greece is:

It's obvious you have ABSOLUTELY no idea what you're talking about.

You are the idiot. I included CPI (a measure for purchasing power) in the equation. Google "real interest rates", you might get a clue.

It is ironic you're saying that because it was you who was making statements without numbers to back them up. Purchasing power of $1 US plus LIBOR interest rate minus CPI. Monthly compounded series, 1980 - 2009. The real annualized short term interest rate over the last 30 years has been approx...

You realize interest rates 30+ years ago were 12-15%? Obviously interest is a very important element to analyze when looking at the purchasing power of a fiat currency over time. The gold bugs routinely "forget" this fact. Thanks to positive real interest rates for the majority of the last...

http://www.google.com/search?q=The+Limits+to+Fundamental+Conviction%2C+Clarium+Capital&ie=UTF-8 "The Limits to Fundamental Conviction, Clarium Capital" (Using Google as a referrer lets one view the entire article) Interesting article about Clarium's history. Nothing groundbreaking new...

US savers? I thought they were extinct :cool:

For a passive asset allocation? I'd go with low-cost indexes.

Regarding gold as a asset allocation element, I found Harry Browne's Permanent Portfolio quite interesting. I believe he established the basic asset allocation with 25% in gold sometime in the mid to late 80s, i.e. the results from that point on are a forward walk as are the returns of his...

Looking for "the next shoe to drop" has become an epidemic it appears :cool:

Just like being long a put option, a CDS contract has a built in stop loss. The maximum loss is defined by the premium paid. Your argument is obviously completely misplaced.

Paulson is a trader, most gold bulls are not. A trader knows when to get out of a position should it start going against him before he enters it. How many of the naive retail gold bulls can claim that of themselves? The gold bulls love taking Paulson's name into their mouth because it...

How many retail investors are hoping to lose money with their long gold positions like they would with an actual insurance policy?

Gold stocks (so far) were unable to take out the March 2008 highs.