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Watching: Press tv on the edge with max keiser us stock markets 22 10 2010 part3
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By: elite1980s. on 24 Oct 10, 18:55:09
I don't personally touch dog poop personally but manure may cut? it. At least that can be used on crops and therefore worth sammin.
By: 1977Melville. on 24 Oct 10, 17:42:46
I've noticed that all of Keiser's guests mention collapse (or crash) at least once. That's not good.?
By: 1977Melville. on 24 Oct 10, 17:41:37
@elite1980s. Why not. Then you can securitize dog poop since mortgages have been obliterated.?
By: elite1980s. on 24 Oct 10, 14:55:03
Well since money is made out of? nothing and thus nothing to back it up, I guess my next plan of action is start printing my own then.
By: OghamTheBold. on 24 Oct 10, 12:31:50
That will be the next gold spammers trick ad campaign - "Like potatoes!? Then buy NEW! gold, with added potato purchasing? power"
By: LordDyhalto. on 24 Oct 10, 11:30:27
No, the liquidity risk will lie with the people still holding their USD, not the other way around. You'll have no problem selling a few coins to get any USD you might need to pay off old debts. It's the people who thought mainstream media told them the truth who will have a hard time turning their meager 4-digit bank account into a gold/silver coin. BTW, I hope you have bullion and coins.? Mining shares are nice, but you have to cash them out for paper currency.
By: nappingbadger. on 24 Oct 10, 04:37:48
So wait, Rick is saying that if bond markets pop, because of the size of bond market, it will in essence also pop the US dollar bubble. However, the US dollar will depreciate so much so fast that people will actually refuse to accept US dollar to transact gold because the US dollar will overnight become worthless, thus those holding gold? will have a liquidity risk - the inability to convert out of gold to a daily usable currency because the US dollar may be destroyed overnight if bond mkts pop?
By: sallyos06460. on 23 Oct 10, 18:54:41
Great vid. Love MAX!!!? Awesome and straight to the point.