Thread: Surmounting Financial, Economic Armageddon, Cartel ‘End Ga

Surmounting Financial and Economic Armageddon, Cartel ‘End Game’

Stock-Markets / Credit Crisis 2010 Feb 26, 2010 - 11:27 AM
By: DeepCaster_LLC

“Wherever we look at the world economy today, we see a wall of risk…and potential financial catastrophe. We see a large number of virtually bankrupt major sovereign states (US, UK, Spain, Italy, Greece, Japan and many more) teetering atop a financial system that is bankrupt, but is temporarily kept alive with phony valuations and unlimited money printing…

Governments like the US and the UK are committed to printing increasing amounts of worthless paper money in order to finance their growing deficits. The consequence of this rescue mission will be a hyperinflationary depression in many countries, due to many currencies becoming worthless.

The list of countries at risk of bankruptcy is increasing by the day. The acronym used to be PIGS (Portugal, Ireland, Greece and Spain). It is now PIIGSJUKUS and growing. The main contenders are currently: USA, UK, Japan, Spain, Italy, Greece, Ireland, France, Portugal, Baltic States, Eastern Europe and many more. On a proper accounting basis all of these countries are already bankrupt...â€

Mark to Model, versus Mark to Market is incredibly hillarious. A bankrupt companies stock that I invested in is no longer worthless, but is worth whatever complex model I choose. Give me a break.
As far as inflation-adjusted values of gold and silver, there is only what the professional traders are bidding for them. There is a real disconnect from what that means to the guy that buys the coin or certificate. The price will inevitably go up and as you are getting ready to sell, the dollars you will be paid, while it seems a windfall, are devalued continually due to the ceaseless printing by the Treasury.