Mortgage Rewrites, Gold value inflation: don't make me pay for someone elses mistakes!

[Luvanicebum]

I'm thinking precious metals are going to take another significant drop when these Alt A's and ARM's reset.

During that downturn, the larger holders of gold and silver will need to liquidate their holding in order to service their debts. We could see Gold/$700 Silver/$10 again, this is when you go ALL IN with as much as you can because after the world digests those losses, it's off to the races for the BRIC's and that's when the Greater Depression starts.

[or97035]

we should make a law to enforce the law

[myliverwurst]

Isn't that ironic.....pass a law to enforce an existing law? Watch the PBS Frontline episode about Cheney, it talks about Bush's signing statements that essentially said he wasn't paying attention to the law.