Saturday, July 30, 2011

The Danger of Default


Some say Monday mayhem will include a major stock market sell-off that starts with futures Sunday night and by pre-market Monday could be very ugly.  It is being suggested now that precious metals are a "last resort" to protect assets.  They are also not a guarantee but it seems there is no other means of exchange left.  Enjoy the weekend; it's later than you think.

I'm hearing fear among people in general now.  I get out across the U.S.A. and meet many people abroad.  Some say in addition to gold and silver value increases that Burkey Water Filters are soon going to skyrocket.  The need for clean drinking water is always a problem in a banana republic...developing...
http://thehill.com/blogs/on-the-money/801-economy/174447-moodys-neither-plan-protects-the-nations-aaa-rating 

Watch the U.S. Senate debt debate LIVE HERE:  http://www.c-span.org/Live-Video/C-SPAN2/