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The Saudis need 70$ oil to balance the budget. 10$ oil would be a considerable threat to US security.

They should pump it up to parity with the USD and buy the world.

Behind the wheel Nice piece on the relation between drugs, banks and government...

http://www.youtube.com/watch?v=PUSKvQLP_RU

http://www.newsweek.com/2010/08/16/the-world-s-real-winners.html

Are they going bankrupt? I like their T shirts. And they are not made in a sweat shop. I'm thinking of buying some just for suport.

Buy the Yen.

First the Indians owned America, then the Europeaners, next the Mexicans. This is just how the world works. Nothing anyone can do about it.

http://www.youtube.com/watch?v=rhJaVEWAG24&translated=1

http://www.msnbc.msn.com/id/21134540/vp/38667261#38667261 :confused:

Schiff is great. Gold is going to 10K an ounce. Let's hope it does.

Deflation - To be or not to be http://www.martinarmstrong.org/files/Deflation-to-Be-or-Not-to-Be-08-05-2010.pdf

You guys think this will be supportive for asset markets and risk?

It's very hard to have the mental power to acknowledge your own country is slipping away. Ask an Italian, Spanjard, German, Japanese or American where they think life is best and where it is worst and many will chose their own as the best.

Yes he is. The government claims because he is another Bernie Madoff. Himself claims because he cracked the code in economic cycles but refused to hand over his knowledge sollely to the US government so they locked him up. He is getting out soon though I think.

If only governments would have not interfered during the crash of 08. Then this dividence within society would be far less of an issue.

Have you even read twilight in the desert?

Prominent oil investor Matt Simmons has died of a heart attack, according to CNBC. The famed energy banker was a prominent proponent of peak oil theory, and most recently got attention for his dire calls about the fate of the Gulf of Mexico. The debate about the effect of the Deepwater Horizon...

Faber's macro view: http://www.youtube.com/watch?v=7LDVHVwGO-U http://www.youtube.com/watch?v=f3FvCvjZLd8 http://www.youtube.com/watch?v=NIeJml4RD2I&translated=1

Yeah, Jimmy Rogers says India has the worst roads in the world.