I'm surprised there are not a lot of threads calling this the beginning of the SHTF

MsMorrisine · July 29, 2011 3:57AM

did I miss them?

derryb · July 29, 2011 4:01AM

this is the middle. second half about to begin. the can kicking is about to enter a cul de sac.

MilesWaits · July 29, 2011 4:14AM

Yours is the first!!

Let the games begin....

Miles

georgiacop50 · July 29, 2011 4:17AM

I am sprised we haven't seen the DOW plunging w/the looming debt ceiling thangy...

morgantype · July 29, 2011 4:20AM

SHHHHH!!!!

MsMorrisine · July 29, 2011 4:21AM

<< I am sprised we haven't seen the DOW plunging w/the looming debt ceiling thangy... >>

I think everyone expects them to at least punt and just plain raise the debt ceiling.

CaptHenway · July 29, 2011 4:53AM

Everybody has their fingers and their knees crossed, figuring the idiots in Washington will get it done. If the sun comes up on Tuesday with no agreement, look out!

FistFullOfDollars · July 29, 2011 4:55AM

I am still waiting for my pooo slinging monkey to arrive....

roadrunner · July 29, 2011 4:56AM

Looks to me that stocks and miners were whacked pretty good this past week.

roadrunner

pmcollectour · July 29, 2011 5:09AM

The great prognosticator Jim Cramer said the S will HTF if a deal isn't done. He said the market will get hit hard, and "they know nothing".

pf70collector · July 29, 2011 5:27AM

Doesn't matter if a deal is done. Damage is already done with the AA rating now unless they cut at least $4 Trillion right away. The Fed will not be in control of interest rates anymore possibly.

MsMorrisine · July 29, 2011 5:40AM

And the Donald has just proven why he should never be elected to any office:

he said the Republicans should let the country default so they will win the next election.

Pokermandude · July 29, 2011 5:46AM

<< And the Donald has just proven why he should never be elected to any office:

he said the Republicans should let the country default so they will win the next election. >>

...I seriously didn't believe your post so I googled it:

Donald the Turd

I don't even know what to say about that

lightcycler · July 29, 2011 5:47AM

The deal is August 2nd will come and go regardless of a deal. The money won't run out on August 2nd. So if people want to react....ok. I believe a deal will drop PM's momentarily. Silver maybe significantly. In the end it won't matter a bit as the uptrend will continue and the graph will be up parabolicly for the next few years.

morgansforever · July 29, 2011 12:23PM

Not to worry, after the SHTF the NWO will take over
and issue a one world currency, and chip everyone. They already own
the worlds wealth anyway.The Rothchilds, Warburgs, Morgans, Rockefellers, Lazard Brothers, etc
already have this scheme in place. No one will be able to stop them, the TRUE MASTERS
will stop at nothing.

DrBuster · July 29, 2011 12:51PM

I have a very nice and sharp hatchet and a copy of The Zombie Combat Manual in my truck. The folks at the car wash pointed that out once....once. I'm at least getting ready for the SHTF

Spooly · July 29, 2011 12:56PM

You could ways short the index's. But of course..... if you do the market will rally after you execute the trade.

I think its best to go neutral and wait and see what happens.

I have sold most of my SLV call options. That means silver will go to $60 on Tuesday!

jmski52 · July 30, 2011 1:26AM

Spooly, I think that the best time to buy physical silver bullion is the same day that you liquidate a position in SLV. Unless you are a world-beater in market timing, that is...

percyb · July 30, 2011 3:31AM

I think this thread should read When the Sh$t stops hitting the fan!

2ndCharter · July 30, 2011 4:09AM

Most likely we will just keep muddling through until some unforeseen event shakes things up - like, say, another Hurricane Katrina - that will start a domino effect.

mrearlygold · July 30, 2011 4:43AM

<< And the Donald has just proven why he should never be elected to any office:

. >>

Already have defaulted but I agree about trump

Baley · July 30, 2011 4:51AM

Starting a SHTF thread is for lightweights; better to be doing something useful, like
standing on a streetcorner wearing a "THE END IS NEAR" sandwich board, ringing a bell, and hollering obscenities at passers-by.

mrearlygold · July 30, 2011 5:22AM

American "Heck"holes

Had to "censor" the title for the obvious reasons.

Coyn · July 30, 2011 5:37AM

Its not about default, there is still plenty of income to pay Tbill interest. Its about the possibility that the Eagle won't keep feeding more play money into the system and maybe they might have to cut all the payola to all those special interests. Social security has 2 bil in TBills so threats to cut that this week are just lies. Maybe a few less $$50million planes and ships.

Wall Street is freaked that they might just stop filling the feeding troth. That would cause a real crisis, not a threat of default.

Darin · July 30, 2011 11:39AM

<< did I miss them? >>

They were all posted in 2008 when every other thread here was about guns and ammo, when everyone was worried about marauding, roving, starbucks coffee swilling gangs of out of work office workers running amok intermittently when they had time between the kids soccer practices.

morgansforever · July 30, 2011 11:41AM

I don't think anyone knows with any degree of certainty, what our future holds.
Is there any validity in anything I see or read? Seems I'm questioning everything.
What happens when the U.S. isn't the worlds reserve currency?
Can China just stop buying U.S. treasury bonds/debt?
What if they want gold instead, or seek other options?
China cannot completely abandon us
because it would destroy their own assets right?
God Bless us all

jmski52 · July 30, 2011 12:24PM

I don't think anyone knows with any degree of certainty, what our future holds.
Is there any validity in anything I see or read? Seems I'm questioning everything.
What happens when the U.S. isn't the worlds reserve currency?
Can China just stop buying U.S. treasury bonds/debt?
What if they want gold instead, or seek other options?
China cannot completely abandon us
because it would destroy their own assets right?
God Bless us all

morgansforever, sometimes I feel as if I'm living in the year 1012 except that we have the internet, telephones, airplanes, cars, and nuclear missiles. Everything else seems eerily like we haven't learned anything in a millenium or so.

percyb · July 30, 2011 1:03PM

<< I don't think anyone knows with any degree of certainty, what our future holds.
Is there any validity in anything I see or read? Seems I'm questioning everything.
What happens when the U.S. isn't the worlds reserve currency?
Can China just stop buying U.S. treasury bonds/debt?
What if they want gold instead, or seek other options?
China cannot completely abandon us
because it would destroy their own assets right?
God Bless us all

>>

Here's what the future holds.

The dollar collapses, inflation soars and interests rates race higher. Best to own hard assets, commodities for instance...and silver for barter.
Foriegn currencies could serve you well. China does cut back on the amount of bonds it buys.

It's all a matter of time...could be the next few years...but certainly by 2020 at the latest.

jmski52 · July 30, 2011 10:46PM

I just don't see the advantage in foreign currencies. Does anyone think that if the dollar collapses other currencies won't be affected?

The first effect of a dollar collapse would be a rush out of dollars. Where would that capital rush to? What would the US government's reaction be to a rush out of dollars?

I don't even think that the smartest hedge fund guys have an answer to the end game, because I don't think anyone really knows.

Buy gold and silver.

I'm surprised there are not a lot of threads calling this the beginning of the SHTF

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