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S&P 500
5,482.87
(
0.09%
)
US TECH 100
19,264.40
(
0.00%
)
Dow Jones
39,164.06
(
0.09%
)
Brent Oil
85.67
(
0.29%
)
Bitcoin
61,411.91
(
-0.32%
)
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H3Capital

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H3Capital

Re: JIMWJ post# 57099

Tuesday, 08/02/2011 3:42:30 PM

Tuesday, August 02, 2011 3:42:30 PM

Post# of 118202
Sounds like the debt ceiling bill is going over like a lead balloon, given the Dow 's 226 point decline and gold's record surge. The entire "crisis" was orchestrated, right down to the self-imposed deadline, the day before obama leaves for his huge birthday bash in Chicago, and the 24/7 fear-mongering by the MSM regarding the "looming default". There was ZERO chance of a default on bondholder interest, or even social security payments. The American people and the GOP were snookered again.

The above comment in no way constitutes a recommendation to buy or sell any securities. Any investment decisions should be undertaken only after conducting extensive due diligence.

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