120116 - S&P Downgrade EU

[Anothercoilgun]

Nearly everyone ones those blasted i-shits. Are the i-shits in a bubble?

[jnnycliff]

Wells Fargo will buy it if BOA want to sale theirs.

[1776Rosco]

Thanks Scott!

Ron Paul now 2nd in SC. Do the right thing SC. Ron Paul 2012 !!

[LP101A]

I hope the Germans know their History.

From the lips of Baron Gotz Von Berlingen to the Taxman:

"Lech mich mein Arse!'

"Kiss my Ass!!!"

[HyperReport]

@LP101A So, that is where Flo ( Alice from 1970's) got the phrase from :)

[Girlprepper]

@HyperReport Kiss my "grits" is what she use to say.

[HyperReport]

@Girlprepper That's Right!  :)

[2011ronster]

What is that silver gadget that looks like a bread maker on the please prepare now screen?

[deadman12078]

@2011ronster toilet

[HyperReport]

@2011ronster A portable Porta Potty :)

[puapake]

@HyperReport No need for a porta potty. Use a triple strength trash bag with kitty litter, it works well. So I've heard..

[gibbo675]

@puapake I heard that bears crap in the woods!

[NovusChaoMundi]

Apmex has gold at 1,644 meanwhile gold on yahoo is at 1,630. Seems to me there is a big discrepancy in price.

[apagoogoo]

greece will get its next tranche, no matter how they need to justify it. if greece fails, german exports plummet. that is unacceptable to germany, and will truly spell the end not just for the euro as a currency, but for the illusion of the success of western market capitalism.

[notpcone]

Japan has 300% of GDP debt !!!!

[LP101A]

After I sell my 50 cent put options on BankofAmerica, I'll use a little of the money to buy the local BankofAmerica building and put it to better use as a profitable and attractive DOLLAR STORE.

Don'tcha love the USA! :)

[acuriousbeast]

Interesting about the canceled defense drills and good to hear. Another week! : )

Thanks-acb

[tuck1963]

Good day.

[LetsgetphysicalAg]

Great video Scott! Silver will tank for a few days, (but do awesome in the long run) because people are running to the dollar....boy what a joke....so buy buy buy that sexy silver! 

[fal2grace]

Thank you Scott

[davincij15]

BOA loves mark to fantasy, err I mean mark to model assets they own. I wish I can go to my bank and say hey I can sell my assets at the price I set them to, please lend me money at a low interest rate. Well, I could but I would be laughed out the door unless my friends worked there.

[CTOL1]

Thanks for your report

[barnone11967]

Isn't it special that they did this on friday the 13th?

[davincij15]

@barnone11967

On a holiday weekend as well.

[Parkway1432]

I see some BOA branches in the U.S. taxpayers portfolio ! via the FED of course ..Thanks for the update Scott !

[apalm20]

Mornin, Scott

[zalida100]

In preparation for the economic and social unrest, is that you suggesting a portable crapper and fly swatter? Dammit scott, that's a depressing image of you sitting with yer drawers at your ankles swatting flies.

Great reporting - Thanks v much.

[spicenugs]

4th

[Tanarus20]

Good ol Scott.

I find it interesting that MSM is hardly talking about what's happening in Europe. They must think if they can 'try' to keep us in the dark, we wouldn't know what's going on...right.

Keep stacking.

[HyperReport]

@Tanarus20 Well, we can expect more news on it when the markets open on Tuesday in a negative direction in my opinion. Because of paper, gold and silver should also take a hit as well.

[pfcwar5150]

Early Bird gets the First place ;)