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A Man of Wealth and Taste
 
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Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 30,243
GOOD NEWS The USD Won't Collapse For A Couple Of More Years

Turned on CNBC real early this morning to listen to some Limey tellin Joe that the USD will have a orderly decline over the next few years and when pressed about the large fiscal deficits the US government is ahhh runnin ammended his line into saying..Well for the next 2 or 3 years it will be steady as she goes and as he kept on talkin he started sayin well the USD will be pretty good for the next year or two as it will be an orderly decline...

I thought that was pretty good news...

So there is nothin to that Gold hitting all time highs at $1376 an OZZZ this mornin or Silver bein at 30 year highs....at $23.30 an OZZZZZ..nothin at tall.

Used to be that Rick Santelli used to rate them US T Bill auctions with A ratins with desirability an bid ot cover ratios..just seems that we cain't git over a B Minus no more...with a 2.99 bid to cover ratio...seems like folks have done filled up their baskets full of them Treasury notes an such...

The USD seems to be sinkin on every front in the world...but hey thats great for exports but not so good for you havin to buy them expensive Porsche Parts made in Krautland now is it...

The Stock Markets are off runnin like a scalded dog...some say its an inverse realtionship to the sinkin of the USD...what ever that means...or sum say it is due to them good quarterly earnings..but hey what about them 10% unemployed Amerikins who cain't find no work. Don't they count no more? Maybe we jist created ourselves a whole new underclass of Amerikins...

Now they is all gittin up their feathers bout a mortorium of them Foreclosures not bein proper and what that can do to the economy...Sum how I jist think that Amerikins are get the shaft from both ends.

Next they will be talkin bout raisin your taxes...and won't that beat all..the gall of them politicians an all...Don't they know there is a Recession goin on...
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Old 10-13-2010, 04:46 PM
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Join Date: Mar 2003
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Jis gitter done, Tabby! We all cooked like a stinking pile a hoohaa on hot summer day in Wallmerts' parkin lot in Vegas, just like I been tellin' y'all.
Old 10-13-2010, 04:55 PM
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