Silverado Gold Mines

"If interest rates go up, we can buyback debt at a discount if we are liquid enough as a country. People say I want to default on debt - these people are crazy. First of all you never have to default because you print the money I hate to tell you, so there is never a default. It was reported in the NYT that I want to default on debt - you know I am the king of debt, I love debt, but debt is tricky and its dangerous. But let me just tell you: if interest rates go up and bonds go down, you can buy debt - that's what I'm talking about."

((( GOT SILVER )))


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GRIM REAPER
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President
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5979
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Date Joined
11/18/2007
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Silverado Gold Mines
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SLGLF
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Metals & Minerals
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