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About arthurwasright

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  1. I thought Max was going to explode with rage
  2. Recession....depression........What comes after depression? Cause thats whats coming
  3. Yep...just waiting our turn at the moment...I imagine we are next on the list after France It shouldn't come as a surprise to anyone...in fact the only surprise should be they haven't done it long ago What would really be interesting is if the peripheral debt crisis started to cast doubts on the credit worthiness of Germany and the bond vigilantes started eyeing them up.
  4. If you have to ask then it's probably better you don't
  5. http://www.marketwatch.com/story/cme-hikes-gold-margins-but-prices-still-rising-2011-08-10 CME raises margins...didn't they do that to silver when it got too hot ? Worked for a while
  6. Sadly I think you are right The corruption and malaise are too deep It's like watching an alcoholic drink himself to death......he knows what he's doing but he can't stop it. They might as well face it...... they're addicted to debt
  7. Enough is enough After what Merv implied about interest rates The isa is going in the bin I'd rather keep gold in a tin
  8. Yeah they do Exploit everyone else...boss them about ..take all their money ...bankrupt them ..and then buy all their assets All without a shot being fired.............yet
  9. Surely sooner or later it's got to be reflected in the German Bund yield as well I seriously think it's time everyone liquidated every surplus asset and bought gold if they haven't already done so I haven't Where is the best place get some?...One of those vending machines?...Or have they been looted?
  10. Marvelous Nigel I salute you Free trade... Yes........ The rest they can shove it
  11. I'm sure Spain made another denial they needed a bailout Oh no...I remember now it was Italy Yeah that's right Italy definitely won't need a bailout.....no how.. no way ..Jose Probably not anyway We'll let you know Well maybe just a little bit...but we won't spend it...it's just for security you understand We don't actually need it...feck no...Silvio says out debt levels are similar to Germany So there can't be a problem
  12. Personally I am starting to wonder if we will look back on this time in a few years and say if only I had the nerve to buy bank shares back then I would have made a mint.. Thats the classic conundrum isn't it?....Everyone wants a sure thing...Well unfortunately that's an isa with a negative real interest rate The government may want to sell off some of the nationalised banks before the next election and to precipitate that with some bank share ramping... Just my gut feeling...but the tide will turn one day and when it does there is a lot of money to be made
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