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Re: starboy post# 1198

Thursday, 10/23/2008 10:02:39 AM

Thursday, October 23, 2008 10:02:39 AM

Post# of 1224
RE: silver/dollar

NO sooner did I get done posting that last message than a major professional goldbug was on CNBC talking about how the dollar is almost ready to go into freefall.

And after some of the cheerleaders began to disagree Santelli bursts into the conversation and says "Wait a minute! I agree with XXXXXXXX. The rising dollar is only a function of the Euro and other currencies readjusting. When that's done the dollar will begin to fall". He gave a bunch of technical reasons after that all of which I can't remember, but it had a lot to do with foreigner ceasing to buy our dollars and finance our debt any more.

That sounds eerily like your "US sovereignty rating being downgraded" argument!

I think we're on the right track here bud. It's coming, and it sounds like it's coming pretty damned soon too.

ON a side note, Greenspan, John Snow and Christopher Cox are about to get grilled by congress. This should be VERY INTERESTING!


McGRANDPA's choice of Palin for VP was irresponsible, dangerous and an insult to Americans. By that choice and his continuing evil he's proving he'll do anything to win this election even to the point of endangering his own country. DEFEAT HIM!

McBUSHIE'S choice of Palin was irresponsible, dangerous and insulting to America's intelligence. That choice and his continuing smears/lies prove he'll do anything to win this election even to the point of endangering his own country.DEFEAT HIM!

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