Quote:
Originally Posted by Javi335
ok mac, in your opinion, when and were did the IIIWW goes to begin?
Im just waiting for the CDS market crash
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Gold and Silver are telling the story now...Italians are cued up...CDS's telling "that" story.
As I have said many times, we gave the europeans a nasty surprise in 08'-'09 and they will do the same for us this yr and next yr...italian debt prob is huge compared to Greece, Portugal, Ireland and to lesser degree Spain.
CDS's always seem to tell the story early...insiders buying up insurance they will never collect anyway as when someone tries to collect, the system will show it as the ponzi that it is(ie-AIG)...bailouts and rescues will be the norm to not crash the system.
I think 2012 will be a bad yr.