Take two doses of reality and call me after the crash
June 27th, 2010
The Fundamentals haven’t changed Inflation is running around 12%, the fed funds rate is 2% and the highly inflationary bail outs continue. Consumers continue to survive off of credit cards and default on all lines of credit at alarming rates. Home equity lines are now being defaulted on at a two decade high. The fundamentals for gold and oil are great and fully in tact. The Federal Reserve is pumping inflation into Main Street and performing magic tricks for wall street. Buying gold is like buying economic fire insurance in a time when you can already see the smoke. August 8, 2007 — August 8, 2008 Dow down -11% SP down -10% Silver up 15% Gold up 30% Oil up 58% MERK HARD CURRENCY FUND (MERKX) fund 17% Check out the last four www.goldmoney.com articles on the front page. Manipulation stories, articles, and explanations. www.GATA.org Main Street collapsing www.bloomberg.com It should be noted that I am not a financial planner. The returns showed on the video are from a regular stock account and not my options account.
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@tallcoolone1
Capitalism has had 235 years Genius, and it has created the greatest nation on earth.
Just lay down and stay still, the government will take care of you…
@visionvictory you had socialism? really? Idiot.
We recommend buying as much silver as you can get your hands on!
FreeSilverLiberties dot com
keep up the good work im with you 100%
and i hope Ron Paul run agin fingers crossed
Why the hostility? How much do you know about the causes of the economic situation we’re in? Have you considered that maybe the reason why we find ourselves in such a terrible situation is because we have made bad decisions one after the other, both in the private sector and the public sector?
If you are frustrated or scared I understand. But try to calm down and really consider what is going on, why all this happened, and what we can do to better it.
all civilizations collapse. it is always due to depleting resources faster than they can replenish themselves (forests / fertile soil). we will fail because of oil depletion during population growth. there is absolutely no replacement without making sacrifices. unfortunately sacrifice doesnt rhyme with america.
Raid and rob me please. People who don’t earn 150,000 a year shouldn’t live like they do, and you are probably one of them.
visionvictory,
Your going have to produce a dvd on finacial advice.Eeveryone could send payment via pay pal.
i know ! Lets just get out there and shoot all the messengers. Better yet lets burn them for causing the disaster
Oh you can just piss off. You and everybody who wants this to happen because of this stupid neo-puritan belief that people are too comfortable and having too much fun for their own good. Peoples lives full of drudgery, void of what we see as the simplest of pleasures, barely keeping alive, nasty brutish and short and this is inherently good because they fit some peoples airy-fairy idea of “really human”. Such people who think this way deserve to raided and robbed.
It is unbelievable to see that people are still generalizing. Why is it so hard to see that all peoples through out the ages have been subjugated? Why is it so hard for people to take into account that most human want and need the same things? No body deserves to suffer. Not all American are mad consumers, self absorbed and greedy.Regardless of economic abilities to consume,some choose not to. There are some good people here more concerned with others than oursleves. Just talk to some mothers.
1) you do kind of deserve to suffer, if the american public wasn’t so easily manipulated then they wouldn’t be manipulated so easily.
2) This person is trying to alert you to an unavoidable event that will hurt you and you’re family… basically, he’s trying to help you. So why the hostility?
Of course.
I am glad you see it, now. What goes around, comes around, and pay back time ishere to stay.
andrew817, another fucking person who wants this to happen and believes we deserve to suffer. I hope the masses you so despise break into your house and take your shit because you, my friend, deserve it.
It is because they don’t have money to lend to you. They are basically bankrupted
its immoral to make money off wars maybe this is the reason yall are going down your paying for moral bankruptcy
Why should we give a fuck about Muslims and Jews I Only give a fuck about the United States of AMERICA.
About one thing we may be sure. The U.S. deficit and national debt are going to soar. The credit rating of the United States, as this nation of non-savers has to borrow abroad to save its banks, and their banks, is going to fall. We are going to be a poorer nation and people.
Here is how this bail out can help us all. If these “smart people” in congress really care to help us Americans they would buy these loans at a discount and make the intrest rate on these loans 3%. That would cut most peoples martgage payment in half (its the high jump in interest that people cant afford. After 8 yrs sell these loans back to the banks. This would revive the economy over night. Call your congress person and demand this be part of the bail out go 2congressdotorg to get their ph#
I have good credit 750, and my bank reduced my credit line 6 thousand for no reason. I never had a late charge?
thx dude for you’re effort/sharing of opinion&info (preaching to the quier perhaps cause t pope aint listening)
you should ask yourself;
soooo…what is amerika gonna do about it?!?!
ps.igotsomeherbs2tradeforgold…lol
(time to get organized?)
STOP MANIFESTING POOR FUTURES……. no war… we will break from oil…. your oil stocks are gonna be trash soon enough….. i know it looks grim but just believe….
Finally someone who understands the true pitfall of American culture, materialism and consumption. You are right, and once the crash does happen people will have no choice but to wake up to how selfish they’ve been.
They’re trying to devalue the dollar to the point of collapse so they can bring on the Amero. They’re trying to strangle the free market and the market is fighting back. Let the bubble pop already that way it’s only stuck all over our face and not in our hair as well…
stave111, this guy seems to know it all. I hope the feds and the bankrupt firms hire him. If not then he should then either run a mile a day to get him out of his ass or find a real job that requires less talking or opinions and more physical body movement.