bubble or outing bubble you know that silver is nowhere near bubble i mean most people don't own any solar whatsoever if they own any it's an area in their kitchens and just silverware and they're probably cashing it in probably not buying it so i don't think gold and silver have inspected the national psyche the way real estate or internet stocks did i think we're a long way away from now where you know that everybody is just buying gold and silver and are simply no buyers left to be generally in a bubble everybody behind you run out of buyers i think just on the buyers out there i still think that the percentage of investors are retail institutional who have positions in gold and silver is tiny and so i still think the lion's share of the buying is the end of us and it was a bubble of the lion's share will be behind us ok now a question you don't normally get about foreign policy but that's related to gold here i want to i want to take you to libya because a lot of people have been wondering with the recent military kinetic military actions in libya why now why is this the time why

this bubble solution is gooey, a thicker texture than traditional bubbles. >> i like bubbles, but notthey're messy and goopy. >> and lafountain's sticky bubble mess is being echoed across the country. on yahoo! , more than 1800 comments on crayola bubbles with parents saying things like what a disaster, stains even grass, what a total mess and it's not just hands and faces. clothes get cover happened. >> we're wearing old clothes so nothing was ruined. we washed the clothes and the stains came out of the clothe, not the sneakers, the sneakers are still blue. >> it stained the concrete patio and the deck, too, does a quick spray clean the kids up? not really. better with a bit of soap added. >> bubbles should be fun and the kids should be able to take them, enjoy them and have not to worry about the aftermath. >> so many parents are worrying about the aftermath and contacting crayola that the company produced the four-minute video on the website. >> we understand colored bubbles are outdoor, messy fun, but we want you to know that the color they leave behind is temporary. >> the video

equity markets the problem is bubbles and i cannot make progress you know you draw a bubble pops goingto tops usually values you go below the trend line and that's. not the way to do it that's the way their policies has been conducted in this country i disagree with it but both you'll see from from correct if i'm correct then you're going to see a pretty tice's drop significantly and if i'm wrong then you're going to keep going up despite the fact learnings that revenues in margins are going to opposite direction and this but in fact the input costs are going up despite the fact employment is going down. that doesn't sound like investing it sounds more like you know chase bernanke and do overnight he does that's not enough and best mate and that's not true the market was compressed discovered right centrally planned by market and century parameters to the fair all right last question pertaining to the dollar folks say that the dollar is stronger than the early look at the periphery countries in europe and suggest that the euro is an errant lee structurally weak as a result of these per

rates increase to prevent the stock market from reaching and the apex of a nother huge gargantuan bubble in bust but that's being left alone because it's capitalized by the banks themselves that own the regulators whereas precious metals which are the competition to corrupt bankers they are being subjected to the onerous margin rate increases in a selective prosecution of various markets what has been called violent currency moves is resulting in a violent precious metal moves but it's also resulting in the spread of radicalised precious metals buyers around the world well max listen you know the beginning of the whole financial crisis began with a violent currency move and that was the. moving the u.s. dollar which started by the treasury using a euro swap remember in two thousand and seven and thus began to move silver and gold are also currencies and so violent moves in this we could see that we are we are seeing a knock on effects in all the markets around the world but look they intervened in the in the gasoline and oil futures markets they are they're introducing all sorts of margi

and a dip in the river with bubbles.'m matt gutman for "nightline," on safari in myrtle beach, south carolina. >> hope he curbs his elephant. our thanks to matt gutman for that. and just ahead, oh, can you taste the weekend we? we can. we'll show you something else you can sink your teeth into. and show you how to make it, too. [ female announcer ] a fiber that is taste-free, welcome change. a fiber that dissolves completely, is cly different. benefiber. it's the easy way to get more fiber everyday. that's the beauty of benefiber introducing crest 3d white enamel renewal toothpaste. it not only removes up to 90% of surface stains in just two weeks, it also strengthens and rebuilds your enamel. new crest 3d white enamel renewal toothpaste. life opens up when you do. >>> any cook who feels like he or she is out of ideas in the kitchen will either be inspired or horrified by the example of chef ken oringer who runs a spanish restaurant in boston and a mexican restaurant and a sushi place and a french place. so, what's his f

from the sun so if there is none, ultraviolet light will be deteriorating, and it will start to bubble. all of the route jacks are the first signs of with a member in fails, so you want to check around those. all of those areas you have to check. anywhere there is penetration, those are the areas you really want to check. >> a flat roof like this with reflective coating needs to be recut it regularly. if you fail, the protection is gone and the roof deteriorate rapidly. it is not just silver paint, it is roof coating. so typically you need to hire the report to come back and apply a new coaching. you can say you want a uv- resistant coating, but it has to be compatible with what you have up there. roofs need maintenance. call and ask. if you do not do that, the life is short and pepper sibley. go over it and fix it up, that is a good savings. >> if you go up there in your coaching is not peeling or bubbling, it is fine. the group is good for 30 years. it needs to repaint every 5. if it starts peeling, that means it is time to do it. if it is solid, it is fine. >> you should climb into

it's very analogous to the housing bubble. people are told you have to have an education, it's always valuable. we have subprime education like we had subprime housing but it probably is a system that's gotten to be quite rocky all the way up. i do not agree-- i do not say that everyone should drop out of college or stop out, but i do not think that it is the right thing for everybody. i think there are people who are inventors. there are people who are entrepreneurs, and for them it makes sense to start contributing to society whenever they come up with a great idea that will change the world. and so i think we should respect the diversity that exists in our society and say that-- and realize that some people should go to college, even when it's overpriced and others should choose a different path earlier 3. >> brown: what do you think is the right way to think about this question of a return on a college education? >> well, there are some investments which are material and you can count them in dollars and cents. but i think

(laughter) it's our last bubble.(laughter) >> jon: john, i'm also protect our bubble economies but osama bin laden is dead and nothing can kang that. >> jon, jon, jon v a little faith in america. we can go anything we put our minds to. we're the country that put a man on the moon. and we're also the country that created the rumor that we did not put a man on the money. (laughter) >> jon: you're saying, john, to save our economy, we need to create some sort of new conspiracy theory about osama bin laden from scratch. >> yes, that's what we do best. >> jon: how would you even get a bin laden conspiracy theory going now. >> right, well jon, the key is to make people feel like texas. you can't be too obvious. for example showing bin laden that tuesday's met-marlin game isn't going to work. (laughter) >> jon: obviously that's fake. >> even i know there is no way city field would be almost half full. you have to be-- you have to be more subtle. now we've all seen this video of bin laden watching television in this compound

bubble and no matter in what sector of the economy you're looking at. five years ago it was the housing market years from now it could be the stock market well so it's definitely still hard to say whether we learned our lesson or not you're definitely not the only one that was trying to give people a bit of a warning sign to say that this can't last forever but let's see if it really does change the makeup of our society at least before is after you say we get back to that peak in fifteen or twenty years but it's going to look like with fewer americans their own homes more americans that ranch than are perhaps even more mobile you know i want to thank you very much for joining us tonight. closer. then is the military working with hollywood to recruit new people let's talk about one upcoming summer flick that's got the army's money all over it and to protect ip out if the government a lot of leeway when it comes to shutting down or blacklisting any part of the internet or has to do with post infringing activities take a higher seat but is this giving the

is this the beginning of another bubble? >> whether or not there will be a bubble remains to be seen. if these companies can prove their value down the road and make money increased revenue and profit, then they could pass this without any sort of bubble being formed. but some people will be concerned when they see so much money flowing at one particular time. >> you guys are smiling. you must be millionaires. >> no comment. >> reporter: the one who talked briefly was a former employee who left the company a year and a half ago with no regrets. >> you could have had a huge payday today, no? >> today, no. not today. maybe in a year from now. >> reporter: linkedin is not expected to make a profit this year. analysts say they will have to prove their worth what everyone says they are, $4.25 billion. but for now, they are enjoying the ipo honeymoon while it lasts. in mountain view, kiet do, cbs 5. >>> and taking a look at the big board right now dow up 29 points. some conflicting economic reports but again linkedin really drivin

you don't have to spot every bubble.u have to spot the ones that do massive damage when they pop. i'm probably overly u.s.-centric in outlook but if you look at the last 25 years, the housing bubble was not that hard to spot. and it's hard to see all the false positives that would've happened if we had taken this part of the federal reserve policymaking seriously. into even more important was a respectable point of view four years ago to say as the bubbles pop but actually the fed has a lot of power to swarm in with overwhelming force and keep them from really damage the economy and the 2001 recession that are too blasÉ about it rebooted and it jumps until august 2003. still it was not crazy to say that. even federal reserve can't or will not be allowed to go with overwhelming force and cleanup into what is needed to drive down unemployment quickly. so preemptive bubble spotting is important. the thing that is important is often you talk about the need to preemptively that some will say should the federal reserve recheck

. >> reporter: listen closely and perhaps you can hear the silver bubble popping. having doubled its price in six months, the white metal is down 19% in the last few days. some experts say higher transaction costs for silver futures have left a huge gash in the bubble. but, others like precious metals trader mihir dange mahear dangay say the damage can be repaired. >> it seems like the bubble has bursted. it seems like the end all, be all. we saw below $40 today. i think you'll see it below $40 for some more time. but, in the end it's still a bullish commodity. >> reporter: silver bulls cite the somewhat arcane ratio between gold and silver prices. they say it suggests silver today is still undervalued. quite simply, the ratio represents the number of silver ounces it takes to buy an ounce of gold. the higher the number, the cheaper silver is compared to gold. in 1980, when silver prices hit $50 and gold touched $850, the ratio fell to a low of 17. in 1991, when silver fell to $3, the ratio peaked at 100. today it stands at 39. as for silver's big brother, gold, it

talk to go no started printing badly before the hyperinflation that led to the hundred chileans of bubbly dollars on the central bank of zimbabwe's website they actually cited the u.s. fed policy and bank of england policy of quote. state of easing that they said they were doing the same thing well their currency has now collapse and now they're saying ok well everybody's going to abandon the us dollar because we know because we copy them and look what happened to us so now we're going to he says quote zimbabwe is sitting on trillions worth of gold reserves and it is time we start thinking outside the box for our survival and prosperity it's going to work i totally recommend going to the voters i've been hoping that some country in fact does exactly this i thought china or india or brazil would be the first country to have the first mover advantage in this case first mover advantage is going to be huge because once you get to that gold standard people look around of currencies or like work and i get a natural resource based currency older zimbabwe dollar and then and this is going to brin

we bursts' that bubble with the economies.h libya, referring to it as a premium price and it popped that bubble. >>catherine: jobs? >> the first-time unemployment claims come out on thursday. we speak about this. over 400,000, it was well below 400,000. friday, we will get the numbers and well below for a thousand however, over 400,000 is going to be get news for initial jobless claims. perhaps spring creek, and the toyota plant could impact those numbers and even spring creek, tsunami, kentucky, perhaps they jumped a bit more than a shut up. but that said, a bit of a push. i would give the economy not a complete cold or hot reading but it is not frozen is a living force. i think a market crash was fairly normal. and with the osama bin laden we are referring to that economic impact as just the acronym of obl. and i am already annoyed with that. >>catherine: the gas prices are slowing hiring? we always hear that. >> the price of oil is completely not completely reflective of gasoline. people are probably going back a little bit

that was going to lead to a financial crisis and it did the housing bubble burst the dollar continues to sink and world markets his fears of a complete dollar collapse now seem actually realistic he was the only candidate out there saying that our foreign interventions in the mideast were pretty much a useless waste of lives and money and that's an opinion that's a becoming more and more widespread i think even the recent killing of osama bin laden while it's not being seen that way should actually be seen as a feather in ron paul's cap because he was the only one advocating that sort of targeted going after the particular people we wanted to get rather than waging first giant full scale war the nation building as a tactic so i think more people are seeing that ron paul is not i'm not here on paul is actually someone with ideas that are extremely important for americans to consider ok ideas that's an interesting word that you would you would you think it's fair to say that these ideas and idea that were once considered friends have now live mainstream. yeah i think that's unquestionab

before the housing bubble i didn't know it's what month it would be it could have been a year sooner and a year later the same way with the monetary crisis because here's a confidence factor in there as long as it seems like our dollar is working and there are still. taking our dollars china has been willing to take a lot of our dollars they've had well over a trillion dollars but they're not taking this amount they're shrinking their portfolio now of dollars so there's no panic and they may shrink that their portfolio slowly and quietly because they don't want to panic because if you panic out of the dollar the dollar crashes i think eventually there will come the end stages of a currency goes rapidly i think the best thing for the average person to look at will be prices with their grocery shopping is getting too expensive and how much it cost to fill the tank to gas up how much it cost for their medical care and transportation these are the kind of things. and when it starts to lower their standard of living because there's salaries can't keep up that is the beginning of a serious

the wall street financial institutions, the housing bubble, the dot-com bubble, the derivative speculation was a fraud, known as a fraud. an economist said it was a fraud long before it even started. and the question today is, are people going to september budget cuts as -- september the budget cuts as necessary which kill are are we going to say stop the fraud? what does that mean? there's a bill in congress right now, which i think the city supervisors should pass an emergency resolution endorsing. it's called h.r. 1489. there's an ancient chinese saying, all things under the heaven are for the people. that's what it is. it says screw the bankers who created this crisis and defend the people. that's the choice government has. of course the city of san francisco can't pass it, but they can take the responsibility for their constituents and citizens and tell the federal government to get their -- >> thank you very much. >> -- and pass this resolution. if you can comment on it, we'd like an emergency resolution. >> thank you very much. >> thank you. >> next speaker, please. >> good afternoo

the wall street financial institutions, the housing bubble, the dot-com bubble, the derivative speculation was a fraud, known as a fraud. an economist said it was a fraud long before it even started. and the question today is, are people going to september budget cuts as -- september the budget cuts as necessary which kill are are we going to say stop the fraud? what does that mean? there's a bill in congress right now, which i think the city supervisors should pass an emergency resolution

the wall street financial institutions, the housing bubble, the dot-com bubble, the derivative speculation was a fraud, known as a fraud. an economist said it was a fraud long before it even started. and the question today is, are people going to seem

now n a bubble bath, the bubbles can collide. similarly, these universes as they expand can collide to. if they form close enough together, they can smash into each other. how would we know that? well, that collision can send a ripple through this heat left over from the big bang, this cosmic microwave background information once again. so scientists are looking to try to find finer patterns in the temperature variations in space that might indicate that we got hit by another universe. is there any positive evidence yet? no, not yet. the collisions maybe never happened, but that' the way in which in principle you could have objection invitational evidence of a universe you can't see. you see its effect in our universe. [laughter] >> so how would you know? there have been several generations of satellites looking at the -- >> exactly. >> and we know a lot about the microwave background radiation. in fact, it's uniform to -- >> yes. >> it's very, very small. >> right. >> how would you be able to tell? you've got to give us somethin