Dubai misses debt payment while gold sales stay strong
Tom Jeffries talks to Mike Levy about Dubai bankruptcy
recorded on November 26th 2009
Tags:
Dubai bankruptcy world dubai emirates nakheel UAE persian gulf palm the artificial island sea max keiser kaiser real estate and Emirates Airline bankrupt bailout bullion silver gold ratio Tom Jeffries Mike Levy peter schiff gerald celente paul craig roberts canadian dollar russia Dollar Crash derivatives debt treasuries Default wepollock aig credit default swap USD inflation deflation
The day after Thanksgiving...
ReplyDeleteGold - the Real Black Friday early morning sales
I was thanking the daubi investors for giving up the gold at such low prices.
The real Black Friday (early morning shopping) was for gold! Gold made a great recovery given a short day and few buyers.
Given "yet another real-estate failure, and the multi-trillion US Commercial Real-estate fall of early 2010... why would anyone put money into realestate or other "managed funds"?
The day after Thanksgiving...
ReplyDeleteGold - the Real Black Friday early morning sales
I was thanking the daubi investors for giving up the gold at such low prices.
The real Black Friday (early morning shopping) was for gold! Gold made a great recovery given a short day and few buyers.
Given "yet another real-estate failure, and the multi-trillion US Commercial Real-estate fall of early 2010... why would anyone put money into realestate or other "managed funds"?