Originally Posted by Jesus H Christ

8 of the largest banks in the world downgraded today. There are $707 trillion in unregulated derivatives like credit default swaps. These banks are probably responsible for at least $300 trillion of those unregulated derivatives. Forget sovereign debt problems .. it is insolvent bank problems now. Bernanke handed out $29 trillion in 2008. Get ready to hand out $50 trillion now.

Got gold? No..... you sold today??

Too bad.