MikeDirnt78 (30-12-2011) wrote: [link]
Re: Sovereign debt question on 'yields'
Here is my possible explanation in layman terms.
Greece is technically bankrupt at the moment. The market is anticipating a default in the capital repayment for the bond which expires in 2 years. So everyone is selling short dated bonds thus driving yields higher.
In 15 years time, do you think greece will remain a bankrupt? They probably have improved their financial status.
Majestic12 (30-12-2011) wrote:
Re: Invest in Gold
The chink in the armour here is that you assume governments intend to repay their debt obligations.
Shiny Things(19-12-2011) wrote:
Re:Invest in Gold
Oh god, a conspiracy theorist.
Look, I'll spell it out for you. The big banks are NOT selling gold to "artificially depress the market". They are NOT "short gold". The Fed is the world's biggest owner of gold; they have no reason to want the price lower either. I could link here to an excellent piece on the hyperinflation myth by Cullen Roche but I don't think you'd read it because it doesn't support your wacky conspiracy theory. So here's the scoop.
sunzoner wrote: cancer81(19-12-2011, 03:35 PM) wrote: Re: ST: North Korea's Kim Jong Il dies: State TV
and??
look I am not disagreeing with your points....
the POINT IS, that picture is not even credited as REAL in the first place... (afaik)
you are free to call him anything you want.
The BBC never did what you did and they have never been kind in their assessment of him...
xubstitute(20Dec2011) wrote: required a loan of 5k
i had lost this sum of money through gambling. previously owed my parents about 10k and under pressured to repay the debts so i gave a try again. the "want to kill back" attitude has gotten me into deep trouble. and i would not want to strain the relationship with them even further. i required a loan to be paid over 3 years. any kind soul with help or advice/counseling would be appreciated.
