http://www.bluenile.com/engagement-rings?track=NavJwlCatRinEng
WANKA 10:20
Yep. That’s what I mean. Very nice. Let me know when you evict… who is it there in the garage?
Ten more countries that may default on debt after Argentina
Argentina defaulted for the second time in 12 years after hopes for a midnight deal with holdout creditors were dashed, setting up stock and bond prices for declines on Thursday and raising chances a recession could worsen this year.
After a long legal battle with hedge funds that rejected Argentina’s debt restructuring following its 2002 default, Latin America’s third-biggest economy failed to strike a deal in time to meet a midnight deadline for a coupon payment on exchange bonds.
Even a short default will raise companies’ borrowing costs, pile more pressure on the peso, drain dwindling foreign reserves and fuel one of the world’s highest inflation rates.
However, Argentina is not the only country that has struggled to pay its debt recently. There are 10 other countries currently on Moody’s lists with a rating of Caa1 or worse, meaning they are at risk of default.
Ecuador, Egypt, Pakistan, Venezuela, Belize, Cuba, Cyprus, Greece, Jamaica and Ukraine are all on the verge of a default, according to Moody’s ratings.
aurum @ 10:09 Thanks For The Compliment
say, hows the heart burn anyways ? 🙂
About time we all got together again. Think Wanka should host a party for all us goldbugs. LOL
Ya’ll can place bets on who gets to sleep in the Golden Hammock. I think I can take ole Floridagold in an arm wrestling match. If, not, pretty sure I can out do Buygold in something to get the shed space.
Would sure love to see everyone again. Shake the paw of some new friends as well. Hey, did Vronsky ever throw that party he talked about. Remember him posting the menu for the Goldbug feast. I think it was suppose to happen at gold $1,000 ? The boy is a little late huh?
Wanka
Maybe the next Pres should be Jewish just to give him a good send off.
Beautiful pictures this morning.
Farmboy’s cooking
I can attest to Farmboy’s culinary skills as I have eaten chili that he cooked outdoors in the North Georgia mountains at a bug get-together some years ago.
aurum
puptent @ 9:44 You Are Right. (must be that woman thing)
So why don’t you just marry me and we run off to some island. I am pretty good at catching fish, and watching the sun rise and set. Probably not much good for anything else. OH, and I can cook a little.
Hope you are faring well and getting ready to run some road race. Farmboy
🙂
Sinclair on an island this am
TRX up $.02
Not much else green except a couple of pink sheets on no volume.
Surprised the shares aren’t getting hit harder – yet anyway.
Wonderful pictures FOLKS…please smile…my spelling has never changed…I would suggest we are all very fortunate to witness these natural moments in relative peace and freedom….I would suggest there are many souls ….heads down and dreaming of such a simple wonderful pleasure…
One thing I am convinced is occurring. Change…..given twenty years ago, 1 in a hundred thousand understood the FED…today? …just a interesting progression….
winedoc, WANKA, Floridagold…
You guys are killing me. I haven’t seen big water for quite some time now, and I miss it. Maybe this fall…
WANKA, you especially are killing me! Not sure if I’d want to live in the Keys year round, but it’s been wonderful the two or three times I’ve been there. I always thought it would be best to live on one of the calm waterways leading out to sea. Your place seems ideal.
Sept 2….wonderful pictures floks…
Good Morning,
Just a small insight into the filtered news and chatting faces of the gold and silver world this past weekend. One particular ,gentleman, shared his opinion on why the US markets & dollar are and will continue to “fair better than the others in a global window perspective”.
In interrelationship of my insight …there is REALLY nowhere to run for them. Consider the options that the central banking cartel, trading houses, have created. I think we have only really four or five large trad-able currency. We all know they are equally worthless, but, in reference to which is the best of the worst scenario…. the US digit still remains king for the day. Allow me, we here ,all know that the real and only historical money is gold and silver with time and time again proven proof … forever…NO exceptions .
We all know that the Shadow, created this incredible system of central banking and the evolution from gold to paper/digits etc…etc….They cannot allow or will not allow their only great emesis to their global empire to be lost and returned to gold which cannot be as illusionary and limitless controlled without the real metal…hence they have a real problem to their global control system. If the Us digits is the best of the worst…hummm…time is on our side.
Point…this limitless money creation has bought them the world as we know it today…”simple statement” but very accurate. Fortunately for us, unfortunate for THEM it is/was created on an illusionary foundation ….
So there you have it …..for this morning…until something changes…
I still maintain charts are but foot prints of the “shadow”…
small time traders were or have been taken to the wood shed long ago…the system runs every event…
I am certain…we all have our own insight and perspective…I just shared mine.
farmboy
careful what you wish for..our next president rep or dem..could be a lot worse …with the billions of of bucks in money being thrown out to buy elections..we are all living at the hotel california
puptent @ 9:31 Yeah, But We Only Have To Put Up With Obama…
for a couple more years !
🙂
Floridagold @ 9:07 Now That Will Bring A Tear To The Eye…
I can almost feel the ocean breeze in that picture. Need to print that one out and tape it to the inside of my ole straw hat to remind me.
Going to try and help my buddy in his business for the next two months. Get him through the busy season. Then maybe give some thought to hanging out over the winter months on some Florida beach. Lord knows I am going to need the rest. And I figure I can keep a close eye on the likes of you and Wanka.
But don’t expect to be converting me to some Gator fan. Bringing my Ga Bulldogs T shirt with me. 🙂
Thanks for the sunrise picture. Gives me something to look forward to. Best, Farmboy
Sudden Jump In Interest Rates Today?
http://finviz.com/futures_charts.ashx?t=BONDS&p=d1
And that dopey/dollar keeps climbing.
http://finviz.com/futures_charts.ashx?t=BONDS&p=d1
I guess the global gov’t wants to keep helping all other nations export, with a weaker currency, and to hell with the USA for now, as we get hammered with a stronger cheaper imports currency.
When the USA economy gets weaker or weak enough, TPTB will rotate this trend. Its like TPTB is a farmer and waters various parts of the farm as needed. Or a dog breeder taking the fat pups away from the teats and stick a skinny pup in its place.
Good morning Oasis
Newmont agrees tentative deal with Indonesia in export dispute
http://finance.yahoo.com/news/newmont-agrees-tentative-deal-indonesia-114824384.html
Good Morning
Thanks for the coffee Lady Bug ! ( Floridagold, I think you got it right. ) 🙂
Wanka, since you spent so much time under the water, I would figure you would be the last man not to appreciate the beginning and endings of each day. Beautiful pics from your back porch. But I think Aurum has us both with the gold lining on those clouds.
Backing off the pain killer today. One of these days I am going to learn another of life’s lessons. (yes, I am a slow learner). trying to keep up with, outwork some 20 somethings, well….it just aint in the cards anymore. Course, I wont admit it, or let them know any better. Aint ego and pride something else? 🙂
Just had to vent some pent up feelings last evening. Seems these days everywhere I look for the most part all I see is corruption, greed, bad things happening to good folks, and the bad folks just stealing everyone’s money and future while living the High life in the White House or Wall St. Kinda gets to me every so often. And feeling like there is little if anything I can do to change things.
Wanka, got any sunrise pictures this morning? Sunsets was last night. (just thought I would let you know….)
Best, Farmboy ( who insists on writing checks his body cant cash….) 🙂
Morning Oasis – excellent open letter sent to Merkel from U.S. intel veterans about Ukraine
snip:
“That same day, we warned President Bush that our former colleague analysts were “increasingly distressed at the politicization of intelligence” and told him flatly, “Powell’s presentation does not come close” to justifying war. We urged Mr. Bush to “widen the discussion … beyond the circle of those advisers clearly bent on a war for which we see no compelling reason and from which we believe the unintended consequences are likely to be catastrophic.”
Consider Iraq today. Worse than catastrophic. Although President Vladimir Putin has until now showed considerable reserve on the conflict in the Ukraine, it behooves us to remember that Russia, too, can “shock and awe.” In our view, if there is the slightest chance of that kind of thing eventually happening to Europe because of Ukraine, sober-minded leaders need to think this through very carefully.
If the photos that NATO and the US have released represent the best available “proof” of an invasion from Russia, our suspicions increase that a major effort is under way to fortify arguments for the NATO summit to approve actions that Russia is sure to regard as provocative. Caveat emptor is an expression with which you are no doubt familiar. Suffice it to add that one should be very cautious regarding what Mr. Rasmussen, or even Secretary of State John Kerry, are peddling.”





