Greece Will Default-Calamity Follows-Andrew Hoffman

http://usawatchdog.com/greece-will-default-calamity-follows-andrew-hoffman/

Historic Default Looms, Gold And Silver Surge & 3 Key Charts

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/21_Historic_Default_Looms,_Gold_And_Silver_Surge_%26_3_Key_Charts.html

Maguire - Big Banks In Trouble As Major LBMA Default Nears

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/11/1_Maguire_-_Big_Banks_In_Trouble_As_Major_LBMA_Default_Nears.html

Kyle Bass on US Treasury Default

In other words, all paper assets go to zero.

Default Fears Escalate As Run On Physical Gold Intensifies

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/8/14_Default_Fears_Escalate_As_Run_On_Physical_Gold_Intensifies.html

Keiser Report: No jail for banksters in real world Monopoly

Watch the last 13 minutes of this 26-minute video to get a better feel for gold backwardation, negative GOFO rates, fractional gold reserve banking, a commercial default, and difference between paper gold and physical bullion.


http://www.youtube.com/watch?v=j615aokEA_Y

The “Zero Hour” Scenario

http://dailyreckoning.com/the-zero-hour-scenario/

Maguire - LBMA Default Triggered Gold & Silver Takedown

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/15_Maguire_-_LBMA_Default_Triggered_Gold_%26_Silver_Takedown.html

Sprott - Default Coming As 850 Tons Of Gold Supply Vanished, va

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/2/11_Embry_-_1%2C000_Ton_Swing_In_Gold%2C_Russians_%26_Chinese_Buying.html

Dan White: The economic return of Iceland has proved that the joke was on us

Not only did I forecast the collapse of the Icelandic bubble due to its obscene 100 x leverage ratios in their banking system, I also forecasted Iceland's subsequent recovery due to their default from debt obligations to British and Dutch banks.  While painful and inflationary for several years, default is necessary to cleanse out the excesses--and to re-emerge from the other side.  Iceland traded in decades of financial chaos and economic stagnation, and instead took their bitter medicine to recover within five years.  By stiffing their creditors, they cleared the toxic debt from their previously impaired balance sheets.

This Irish author correctly chronicles why Iceland and Ireland have had two very different outcomes.  Despite Ireland's bail out, they are even more indebted to banks, and have only extended and exacerbated their pain.  The neo-Keynesian solution of piling new debt on top of old debt will end in tears for the developed world--for decades.

http://www.independent.ie/business/irish/dan-white-the-economic-return-of-iceland-has-proved-that-the-joke-was-on-us-3327164.html

How To Play a Comex Default

http://dollarcollapse.com/precious-metals/how-to-play-a-comex-default/

Pento - Here Is What Is Facing Investors & The World Today

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/5/16_Pento_-_Here_Is_What_Is_Facing_Investors_%26_The_World_Today.html

Meredith Whitney: 'Tidal Wave' of Muni-Bond Defaults Still Coming Read more: Meredith Whitney: 'Tidal Wave' of Muni-Bond Defaults Still Coming

http://www.moneynews.com/StreetTalk/Whitney-muni-Bond-Defaults/2012/03/15/id/432699

Greeks Sought Irish Central Bank Counsel. No, Seriously!

One bankrupt country advises another--for a fee, of course. 

http://www.zerohedge.com/news/greeks-sought-irish-central-bank-counsel-no-seriously

PIMCO's El-Erian predicts Greece, others will default

http://www.reuters.com/article/2011/06/22/us-pimco-greece-idUSTRE75L0HO20110622

Greece must be allowed to default

http://www.publicserviceeurope.com/article/500/greece-must-be-allowed-to-default

USPS warns of default on retiree benefits

http://www.federalnewsradio.com/index.php?nid=110&sid=2387275

Tim Geithner Releases Latest Mutual Assured Destruction Threat: Says "Debt Ceiling To Be Breached No Later Than May 16"

Wait a minute, I thought Turbo Tax Timmy Geithner said the US would never default on its debt obligations, that it was "unthinkable"?

http://www.newsmax.com/InsideCover/default-us-debt/2011/02/09/id/385462

Yet, this latest rant by the Treasury Secretary:

http://www.zerohedge.com/article/tim-geithner-releases-latest-mutual-assured-destruction-letter-says-debt-ceiling-be-breached

"The longer Congress fails to act, the more we risk that investors here and around the world will lose confidence in our ability to meet our commitments and our obligations. If Congress does not act by May 16, I will take all measures available to me to give Congress additional time to act and to protect the creditworthiness of the country....Defaulting on legal obligations of the United States would lead to sharply higher interest rates and borrowing costs, declining home values and reduced retirement savings for Americans. Default would cause a financial crisis potentially more severe than the crisis from which we are only now starting to recover....defaulting on legal obligations of the United States would lead to sharply higher interest rates and borrowing costs, declining home values and reduced retirement savings for Americans. Default would cause a financial crisis potentially more severe than the crisis from which we are only now starting to recover. Nor is it possible to avoid raising the debt limit by cutting spending or raising taxes. Because of the magnitude of past commitments by Congress, immediate cuts in spending or tax increases cannot make the necessary cash available. In order to avoid an increase in the debt limit, Congress would need to eliminate annual deficits immediately. "

Pento - US to Default on Debt, Dollar Headed Much Lower

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/3/19_Pento_-_US_to_Default_on_Debt%2C_Dollar_Headed_Much_Lower.html

Meredith Whitney defends her position on muni defaults