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CNN Money: Williams Admits Great Depression Coming

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March 02, 2008 – Comments (3) | RELATED TICKERS: GLD , SKF , SRS

CNN Money: Williams Admits Great Depression Coming
Get ready for the price of gold to soar after this type of story in mainstream! John Williams discusses a coming financial depression. Explore these articles:

FDIC Girds For Bank Failures & The FDIC Will Seek to Rehire 25 of It's Own Retired Members, Many of Whom Specialized in Bank Closings.
http://www.thestreet.com/print/story/10405078.html
http://www.investmentnews.com/apps/pbcs.dll/article?AID=/...

Wall Street Bank Run
http://www.washingtonpost.com/wp-dyn/content/article/2008...

US Properties Plunge Into Negative Equity Than At Any Time Since The Great Depression Of The 30's
Source: http://www.guardian.co.uk/business/2008/feb/24/useconomy....

U.S. Credit Markets Collapsing!
http://hosted.ap.org/dynamic/stories/E/ECONOMY?SITE=RIPAW...

I think now you get the point. The good times are over.

 

3 Comments – Post Your Own

#1) On March 02, 2008 at 2:16 PM, abitare (40.75) wrote:

I pulled this post from:

http://www.liveleak.com/view?i=f49_1204403165&p=1

But I must say, the more the press talks like this the more I want to consider getting long. These talking heads are always late to the story and get it wrong.   

 

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#2) On March 02, 2008 at 4:35 PM, xthecritic (49.61) wrote:

I agree 1000%.

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#3) On March 02, 2008 at 8:45 PM, abitare (40.75) wrote:

Redneck Masion



 

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