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Bond Bubble is about to burst


Matter-Eater Lad

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Sometimes there is no other way forward. We have to have something physical to store wealth and use as money.

 

There is a very real risk gold might be confiscated in the near future. So you might actually be better off buying silver. Either way, avoid storing all your stuff in one box.

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In a very practical sense, neither gold nor silver are plentiful in the Earth's crust, so I don't see this is as a solution, but a reaction. We can either go & get squirrelly, or aim to really set things strait. It's time to chart a course for clean elections, and pressure the officials we currently have in office to do the right thing, lest the ship sink further.

And perhaps not all the bonds are worthless - if for example I were to own bonds in let's say Siemens Electronics, as compared to US Treasury bonds, which one would be the safer bet?

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In a very practical sense, neither gold nor silver are plentiful in the Earth's crust, so I don't see this is as a solution, but a reaction. We can either go & get squirrelly, or aim to really set things strait. It's time to chart a course for clean elections, and pressure the officials we currently have in office to do the right thing, lest the ship sink further.

And perhaps not all the bonds are worthless - if for example I were to own bonds in let's say Siemens Electronics, as compared to US Treasury bonds, which one would be the safer bet?

 

Obama bonds!!:D

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:rolleyes::laugh3: Yes, Obama bonds! Guaranteed to yield better returns into the far off future! Able to leap tall buildings in a single bound! Not only are they secure, but they're backed by the full faith of Bono, and hey, if he's not God, then who else could be??:P

 

Well whatever way you look at it, his stock looks likely to go through the roof!!:P

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