Geez, Pic, how can Chapman really turn those events into something that's all about the U.S. (Unless, of course, municipal defaults are not meant to be limited to U.S. cities, then at least there's a global flavor to the comment.)
Absolutely outlandish claim - makes me wonder about the accuracy of other things he says.
By the way, silver popped over $30 this evening, let's hope it can hold that through the day.