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It's funny indeed for all who have visited the UK to find out they felt the need to label southern europe as the PIGS region. :p

The problem with Greece isnt the debtload or their financial household or anything like that although they are in bad shape obviously. The real problem is it's populace which is far less obedient than their peers in Western Europe or the US. The view of (Central) bankers as the prime root...

+1 Buy gold!:D

I owned SRS in 08 from about 60$ to 200$ (it went trough to 300). I bought again at 90$ and 60$, sold at 20$. It went to 7$. :D Still made a profit though!:p

I wasnt interested in trading back then so I have no clue which shorts payed of the most. Airlines probably? I looked up gold's performance after 9/11 and it was basically remarkably flat for months afterwards which strikes me as a bit odd really. Not saying it should have doubled or...

In this Interview with Bert Dohmen he claims there was clear evidence of insider knowlegde leading up to 9/11 and he uses the same method today thinking people paying the FED to keep their money safe is a clear sign of insider knowledge about bad things to come...

Mr 'I'm the worst market timer in the world'.... Cheecky bastard!:p

Quick poll... Everyone and his grany owns stocks. They can't allow them to go bust a third time in 10 years can they?

A house is a reasonable asset to own during times of (hyper)inflation. Many people across the globe got their house for free basically during the seventies. Ofcourse true hyperinflation is something else because of it's destructive influence on society in a wide number of fields possibly...

China should dump the dollar and buy gold.

This is how the human mind works. My grandfather survived WWII in the most horrid conditions yet 50 years later he would be really upset if he couldnt find his car keys. People's adaptation skills are amazing.

Fair enough, let's call the odds of your bank faltering 50%. Flip a coin. I would also like to add busts can manifest themselves troughout many other ways than banks failing alone all of them having a possible impact on the possibility of the savy individual taking advantage of the downturn.

In a true bust, your bank account would be wiped out obviously, and all that is cheap will be out of your reach probably.

A true legend who has the ability to explain the world of finance and investing in layman's terms like no other! He will have saved the financial security of tens of thousands across the globe when gold hits +2K.:D

Soros on Bubbles: 'When I see a bubble forming I rush in to buy, adding fuel to the fire.' http://blogs.ft.com/money-supply/2009/11/02/introducing-the-theory-of-reflexivity/

Marc Faber in his latest newsletter sees further weakness in China and other developing and commodity nations dependend on Chinese growth with the S&P and the USD temporarily outperforming untill the S&P hits somewhere like 950 after which another (global) stimulus plan will be unveiled which...

All those stop stealing our money this country is going to hell people who weigh 300 pounds and can't even spell collapse are funny!:p

It's down 4% from it's all time highs in Euro's.

Still funny to see AIG on their shirts.

U.S. arms sales to Taiwan hurt China's national security, its foreign minister said, escalating the rhetoric in a dispute threatening to deepen rifts between the world's biggest and third-biggest economies. Foreign Minister Yang Jiechi was the latest and most senior official to denounce the...