Economic Update (June 29, 2009) + Investing Strategies
Dollar Collapse Update – (June 29, 2009) LINKS: B. MADOFF get 150 years of jail www.cnbc.com NO RECOVERY UNTIL 2010 www.cnbc.com ROMER optimistic on economy www.cnbc.com QUESTION and ANSWER on BLOG trade-technicals.blogspot.com
Ok, I was a little high when writing the above question, please forgive the grammar…Should I be buying silver and gold, are paying off debt for next 3-4 years. Seems like a waste with current Economic situation…Please advise people with suggestions…
Question? I currently have school debt and Credit Card debt totaling $20K. We you recoomend me paying off that debt for the next 3-4+ years or using my money toacquire as much silver & gold i can? THat some like the smarter thing to do, especially since i still have secure job, but who knows for how long…Please Advise….
The current situation is like a car without brakes. You can steer and avoid the trees for a while, but eventually you’re going to crash.
They got robbed and killed?
There are trillions of dollars of Rothschilds funny money out there so the stockmarket is easily manipulated.
PS-those birds sound really sweet in the background.
we are going to have hyperinflation in about 6 months…our dollar is worthless
dollar index today (7/7/09) at this moment is at 80.46…once it eventually falls to 70..you can pretty much count your ATM machine goodbye..because banks wont
There is nothing Federal about the Federal Reserve..they are a private banking cartel that dictates our monetary policy..they need to go..and charged with treason. Weimar Republic ..
this “rally” is a “suckers” rally in fact its going down period now.
Yea, use that law to get yourself fed when you have no money to buy good with!
You forgot about shelter and something of value that could be used to purchase goods and services.
Tell me where this was the case in an REAL collapse, such as in Zimbabwe or Germany in the 1920s?
People have always bartered with things of value in the past! WW1, WW2 wtc… seeds won’t get you far if you needed a ride out of a war zone!!
Buy rural land… buy seeds… buy guns…. buy amo… these things are better than gold in a real collapse.
I think the Canadian dollar is going down with the US currency because the economies are joined together. Owning hard assets, such as land, is a must. We have to come together and buy the equipment we need to become self-sustaining from the corrupt monetary system.
I read of a village in India where all the people were starving, except one familly; the other villagers noticed. Guess what happened?
the fed has no choice. They are running out of tricks. Its over for them
I really think the worst is behind us – the collapse happened last year and was scarily close to a complete meltdown … but, you have to hand it to the Fed, they have saved the system at least in the near term – I don’t think they’ll let the dollar collapse – they will intervene massively just like they did last year – they are master pilots when it comes to the economy, like them or not ..
Guns & Ammo are key (after food & water)
How about auditing the Fed and crashing that ponzi? Madoff is a fall guy.
The example being set is being set by the real manipulators madoff is just small fry so if they are trying to set an example they are only setting the example for themselves once humanity realise whats going on.
So they are asking us to put them in jail for 150 years well lets oblige them and do that.
He who owns the gold makes the rules chaps.
Dark times. Accept them, then attract yourself some positive love – use law of attraction.
…it seems that some elites in the EU (not OF the EU) have been meeting in places like Antwerp–as of about 2005–whose “predictions” about the global/US economy have been correct. you cannot get the specifics of this from yours truly, but if you find diverse sources, you might pick up the trail–the elites i reference are able to pull strings almost without a trace; yet not quite. the activities in Antwerp have been awesome–i would explain, but you must get better and more credible sources.
There is no debt. The monetary system is a belief system in which the majority uphold for fear of not being able to survive. Including gold/silver are just pieces of metal…although colloidal silver is good your health.
Start growing your own fruits, vegetables, stock up on beans in which you can use for sprouts/cooking/growing.
You know it is wrong when necessities become a luxury.
Peace is the way. It’s all about opening your mind and spreading the message.
Yes you did you said its like poker, but in poker if you know what you are doing you have a fighting chance, with these crooks you have no chance. Anyway, the US Mint has, “temporarily suspended sales because of unprecedented demand for American Eagle Silver Bullion Coins.” I thought you might want to know that and tell your audience. I thought Silver coins was the best bet instead of ETFs and go to the US Mint site and find this. Strange but expected I guess. Thank you Derek.
kool
The Gov’t is allowing the banks to adjustment their balance sheets so they can look healthier than they are. Joke.
well said. I wish we could get rid of the federal reserve. What a joke. According to Gerald Celente, “it is as federal as Fed Ex”