muses of the moment

December 5, 2012

Latest Blog Post from Martin Armstrong dated December 4, 2012

Click here for Martin Armstrong’s latest blog post entitled Sovereign Debt Crisis Equals Banking Crisis dated December 4, 2012. Good one.

Highest exposure to Greek Debt is France. Heard that on MSM? Didn’t think so……

Advertisements

6 Comments »

  1. I tend to follow and listen to Martin, but he is so vague on things sometimes it’s a little frustrating. What exactly do you think he means by ‘ gold of course will be the foundation for the economy” and how does one read that bond chart?

    Comment by Anonymous — December 6, 2012 @ 9:07 am

  2. I don’t understand Martins comments about gold and the ‘underground economy’..

    He conjures images of societal collapse and black market barter. It makes it sound like gold is not a solid investment, but rather a fail safe for when things go really skew iff?

    Am I getting the wrong end of the stick here?

    It’s tricky because, while Martin talks about all our problems, I get little inkling from him of what the actual impacts on people will be..

    Comment by Flip — December 6, 2012 @ 9:34 am

  3. I should note I’m in the ‘repeat of the last bull’ camp on gold ultimate moves..

    Comment by Flip — December 6, 2012 @ 9:35 am

  4. gg agrees, he seems to focus on the flows of money around the world, which will not be physical gold, rather than middle America buying groceries at the neighborhood store.

    gg

    Comment by totallygroovygirlfriday — December 7, 2012 @ 5:16 pm

  5. Anon,

    gg really doesn’t know what he means. Perhaps he will explain further in later posts. he sometimes does that after feedback.

    gg

    Comment by totallygroovygirlfriday — December 7, 2012 @ 5:17 pm

  6. Groovy,

    You make a good point about flows of money. Perhaps he’s referring to countries using gold to settle payments. Ie : Iranian oil.

    I just can’t see a ‘how many Krugs for that there plasma tv?’ future..

    Regards

    Comment by Flip — December 9, 2012 @ 10:37 pm


RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Create a free website or blog at WordPress.com.

%d bloggers like this: