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Showing posts with label Default. Show all posts
Showing posts with label Default. Show all posts

Friday, July 29, 2011

United States Debt Default is very likely, at this time... my advice, Buy Silver and Gold.

While I cannot guarantee that The United States of America will [ in fact ] default upon its Debt Obligations within the next five days, I can absolutely assure you that it will eventually happen... moreover, it will definitely happen Before The Spring! It is possible, that Washington DC will [ somehow ] work out another temporary solution. Not very likely, but definitely possible.... However, neither: The Democrats nor The Republicans - have the necessary: Political Backbone, nor Desire to fix ' America's True Problems '.

I can say this with complete conviction and sincerity... from both, my: Knowledge of History and Understanding of The Scriptures. The question: is not if, but when, will The United States of America default upon its debts... and as The Political Rhetoric continues to escalate to unheard of new levels, I am rapidly growing more confident in this particular time frame! My own personal gut feeling, is that August 2nd will be the date.

So, what will ' Really Happen ' when The United States of America defaults upon its debt obligations? For just one moment, let's consider the true ramifications....

The Short Term Results Of A Debt Default:
  • America will lose its: " Good Credit Rating ".
  • Interest Rates will go up for: The United States Government, All 50 States, County and City Governments, and The Public At Large.
  • Foreign Investors will pull out of Our Domestic Markets.
  • The Stock and Bond Markets will both drop tremendously.
  • The Banking and Credit Markets will become even more tightfisted with their money.
  • The Commodities Markets will soar into the stratosphere - before leveling off at much higher levels.
  • Platinum, Gold, and Silver will skyrocket to all time new highs.


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