In a series of three YouTube videos Bill Bonner of Agora
Financial tells what to expect as the debt crises unfolds.
For the first video, go to
http://www.youtube.com/watch?v=7FCG8fBhJEk . Then
http://www.youtube.com/watch?v=rsiHaR0hK18 . Then
http://www.youtube.com/watch?v=gU8E2_GZhkI .
Bonner recommends bonds until the government cranks up the
printing press. He expects a Japan-like economy in the U.S.
and ten really hard years of "The Great Correction".
My question:
if this scenario unfolds,
will we have the time and
opportunity to switch from stocks, then to bonds, then to gold and
silver coins as the crises deepens?
if the past is a guide, there won't be time to buy gold unless
you begin way beforehand to buy on dips. In 2008-2009 you
couldn't find a one ounce gold piece anywhere.
United States' Debt-Burdened Economy
Posted by tradequick on 26th of Jul 2010 at 11:00 pm
In a series of three YouTube videos Bill Bonner of Agora Financial tells what to expect as the debt crises unfolds. For the first video, go to
http://www.youtube.com/watch?v=7FCG8fBhJEk . Then
http://www.youtube.com/watch?v=rsiHaR0hK18 . Then
http://www.youtube.com/watch?v=gU8E2_GZhkI .
Bonner recommends bonds until the government cranks up the printing press. He expects a Japan-like economy in the U.S. and ten really hard years of "The Great Correction".
My question: if this scenario unfolds, w ill we have the time and opportunity to switch from stocks, then to bonds, then to gold and silver coins as the crises deepens?
if the past is a
Posted by Michael on 27th of Jul 2010 at 06:13 am
if the past is a guide, there won't be time to buy gold unless you begin way beforehand to buy on dips. In 2008-2009 you couldn't find a one ounce gold piece anywhere.
I follow this guy regularly..daily actually.Smart guy IMHO for the big picture
Posted by hurricanemalta on 27th of Jul 2010 at 03:47 am