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Re: jackrix post# 5134

Thursday, 10/16/2008 6:27:51 PM

Thursday, October 16, 2008 6:27:51 PM

Post# of 80983
Jack..My understanding of this is also the derivatives are the problem. Jim Sinclare who supposidly invented these vehicles says there are 700 trillion of these floating around..Point being until they can mark them they don't know what they are worth, if they don't know what their value is and amount of fiscal exposure these banks, hedge funds, bond holding companies ect. have then they aren't sure how or when a solution will come about..David Morgan states things are 5 to to 10 times worse than they are telling us..The big boys are finally bringing the American middle class to its knees..1 world order, you bet .Corporate and Liberal socialism you bet..So I buy insurance just in case i'm right..Its called physical gold and silver....Fabianism has finally taken hold..China is coming..I just heard China bought 3 1/2 % of Blackstone..Also the deal Palson wanted didn't come about..The deal he recieved is very inflationary to our fiat currency...ps..Do you think Oil ,gold, silver and other commmodities will go up not if but when we and Isreal deal physically against Iran..I hope you all are protecting yourselves and your loved ones...JMHO today...