Warning: Crash dead ahead. Sell. Get liquid. Now.

reply to post by HunkaHunka


so, if all those little minimum, not making it workers, worked hard and manage to get themselves into the position where they are actually making enough to live on.......
ummm.....
you're willing to pay that $10 for the big mac, or are ya gonna make your own???

you admit that you can't live on minimum wage, and state that's so people don't get too comfy, that they will keep on trying for something better, but then, well, if they aren't making a living wage, how are they to live long enough to get themselves into that position where they are...and well, since the goal is to have our people making enough to actually be able to live on what they earn, and maybe a little extra for well, the movies and such...ya know such spending does keep the economy churning....
well......who would be flipping your burgers, or cashing out your groceries, or printing the crap you need for your business, along with alot of other services that generally pay below living wages. once that goal is met??

na...much better to shuffle a ton of money through the welfare system, so they can live and keep working those low paying jobs, so you can have the services and products cheaper!!
only, are they really cheaper, when you consider the additional cost to run the welfare system, so they can eat, have shelter, ect???

in plain simple words, your reasoning does not work!

reply to post by MrDarlingFace


No man, I specifically heard Gerald Celente say the opposite. So I am buying Euro's and Ammo.

Case Closed

reply to post by GreenBicMan


Gerald celente may be right that there are horrible times ahead. But the USA will live on and the USA will not default. It can't. If this was Greece, then he would be right.

reply to post by MrDarlingFace


Actually, the US is already defaulting on its debt. When you create money out of thin air, like Bernanke has admitted to, you are making your debts less by making the currency you're paying them in worth less. Printing money = Default. A horse by any other name is still a horse.

China wields the ability to start a run on the dollar. As the conflict in the ME escalates and its allies are attacked, you can expect them to use that ability. Our fiscal situation is no better than the 'pigs'.

Don't believe GBM, he wouldn't leave his parents basement long enough to buy ammo.

reply to post by MrDarlingFace


I was joking.

But you prob. knew that.

reply to post by HimWhoHathAnEar


A run on the dollar?

What the hell are you talking about?

I should take the time to go back 1 year ago and link to some of your ridiculous comments from back then. I am surprised actually I am even taking the time to comment on your pitiful views of the economy.

reply to post by MrDarlingFace

Originally posted by MrDarlingFace
I'll hold the dollar and shorting if there is a depression.

The dollar will hold as long as it serves corporate interest. The average American will only be allowed to hold on to whatever dollars trickle down as a byproduct of corporate greed. They are slowly taking them away from us through job losses. We'll just have to wait and see how many of those dollars will remain available to the average working American when corporations decide to go another way.

The people, environment and the dollar will only hold whatever value corporations assign them. Holding onto dollars isn't an option for the unemployed. Savings run out pretty fast when you're not working regardless of inflation.

Originally posted by HimWhoHathAnEar
reply to post by MrDarlingFace

 

Actually, the US is already defaulting on its debt. When you create money out of thin air, like Bernanke has admitted to, you are making your debts less by making the currency you're paying them in worth less. Printing money = Default. A horse by any other name is still a horse.

China wields the ability to start a run on the dollar. As the conflict in the ME escalates and its allies are attacked, you can expect them to use that ability. Our fiscal situation is no better than the 'pigs'.

Don't believe GBM, he wouldn't leave his parents basement long enough to buy ammo.

Is that why the USD index is almost at 90? Because the dollar's value has decreased so much?

China doesn't wield the power the start a run on the dollar, again they only own 4% of the debt and the USA has much more assets than China has. Besides they wouldn't you are insane. They devalue the yuan against the dollar because they want to have a currency worth less than the dollar why the fu*k would they crash the dollar? You make no sense. GBM has more sense than a scared little sh*t that goes catatonic every time there is a bump on the road.

Yes they would crash the world economy to save Iran. Please. Go hide in your bunker and don't come out and worship your gold bars and eat beans.

reply to post by Morningglory


Morningglory I agree with you. That is a recipe for deflation not inflation. Tell your friends...I am not saying anything is beautiful and will be fine. There could be disasters on the horizon, but hyperinflation and the USA defaulting is not one of them.

reply to post by MrDarlingFace


Oh yeah, the dollar index, which only reflects a race to the bottom by fiat currencies? The dollar looks good compared to the euro, yen, et al? Grow up. Gold's telling on your sham just like it always does.

China ABSOLUTELY has the ability to start a run on the dollar, what are you retarded? Dumping 2 Trillion $'s would definitely do the trick.

However this conversation is over since you seem incapable of a civilized conversation, what with your circumvention of the sensors. I also suspect that your account was started from the same computer as GreenBicMan, a childish manuver seen here before.

Originally posted by HimWhoHathAnEar
reply to post by MrDarlingFace

 

Oh yeah, the dollar index, which only reflects a race to the bottom by fiat currencies? The dollar looks good compared to the euro, yen, et al? Grow up. Gold's telling on your sham just like it always does.

China ABSOLUTELY has the ability to start a run on the dollar, what are you retarded? Dumping 2 Trillion $'s would definitely do the trick.

However this conversation is over since you seem incapable of a civilized conversation, what with your circumvention of the sensors. I also suspect that your account was started from the same computer as GreenBicMan, a childish manuver seen here before.

wow dude,

MODS PLEASE CHECK THIS OUT WE ARE NOT THE SAME PERSON - OBVIOUSLY

See, HWHAE, we are just not mentally challenged and understand the basic principles of how the economy is ran.

Like I said, I am surprised I am even responding to anything you are saying. If I took 10 minutes I could have a page full of links with your handle on them showing how incompetent your views on the economy have been in the past and obviously still continue to be.

Originally posted by HimWhoHathAnEar
reply to post by MrDarlingFace

 

Oh yeah, the dollar index, which only reflects a race to the bottom by fiat currencies? The dollar looks good compared to the euro, yen, et al? Grow up. Gold's telling on your sham just like it always does.

China ABSOLUTELY has the ability to start a run on the dollar, what are you retarded? Dumping 2 Trillion $'s would definitely do the trick.

However this conversation is over since you seem incapable of a civilized conversation, what with your circumvention of the sensors. I also suspect that your account was started from the same computer as GreenBicMan, a childish manuver seen here before.

I have the ability to sink a ship with my family on it too. But why would I? If China says they are not accepting the dollar anymore then all their debt that they hold would be useless as they can only get dollars back. What is China going to put the 2 trillion dollars in? Gold? Yes that would be good, they can drive it up to 50,000 dollars an ounce and then when they need some liquidity it can crash 50% and they will lose 50% of their money. Chinese people would love that. Or they can put the 2 trillion dollars in resources and create massive inflation for everyone including chinese people.

Do you see where you are wrong? If you don't, then I am sorry. I'll be proven right and unlike you, I'll benefit.

reply to post by GreenBicMan


HimWhoHath has to make up things to vilify people with false claims. That is what children and politicians do. But I don't think HimWhoHath has enough wiles even to be a politician.

Originally posted by schrodingers dog
Soros buying gold whilst pimping panic is consistent with what I proposed ... create uncertainty make money on gold as the securities market goes down. When securities are undervalued, dump the gold (at massive profit because it was overvalued due to the self promoted uncertainty) and buy securities at discounted rate. Hedge a few currencies and bonds ...

think u folks got it all worked out huh ??? lol

What Soros don't know is that he and all of you
are only buying digital gold. The real gold bars
do not exist to be traded. So when you go to cash
it all in, all of ya is gonna get one hell of a shock.
Ur gonna be in the same boat with us peasants
hahahaha

do ya'll really still think there's gold at Ft. Knox?
or the Federal Reserve?????

It's under private control for the NWO and probably
hidden in some DUMBS facility far away from the
civil unrest which is about to happen when the
monetary system falls.

Anybody left in the markets around the world now
are just suckers. But best wishes with ur longshot
attempt at making a fortune. Ur fate has already
been decided and ya'll don't have a clue.

reply to post by boondock-saint

So when you go to cash
it all in, all of ya is gonna get one hell of a shock.
Ur gonna be in the same boat with us peasants

Then buy gold from online bullion dealers, and get it delivered to your home.

And invest in silver coins as well.

[edit on 30-5-2010 by john124]

reply to post by boondock-saint


Do you really believe this BoonDock?

The reason this will never come true, your doom scenario, is because there aren't enough people that have enough money to ever take physical delivery on gold futures.

Do you have any idea how much money it would take to take delivery on 1 GC contract? Educate yourself. Start Here

Also, I can buy the GLD on Monday morning, sell it Monday afternoon, and if I am up I make money. So how is that not profiting?

How many people do you think can take delivery for 100 Troy oz. of gold? And that IS IF ALL THIS BS TALK IS TRUE. That is quite a big IF.

reply to post by MrDarlingFace

I have the ability to sink a ship with my family on it too. But why would I? If China says they are not accepting the dollar anymore then all their debt that they hold would be useless as they can only get dollars back. What is China going to put the 2 trillion dollars in? Gold? Yes that would be good, they can drive it up to 50,000 dollars an ounce and then when they need some liquidity it can crash 50% and they will lose 50% of their money. Chinese people would love that. Or they can put the 2 trillion dollars in resources and create massive inflation for everyone including chinese people. Do you see where you are wrong? If you don't, then I am sorry. I'll be proven right and unlike you, I'll benefit.

What you seem to fail to understand is that gold does not go up or down in value it is static and has been for thousands of years. The only thing that fluctuates is the amount of pieces of paper traders believe it takes to trade for gold. And that paper is not money it is fantasy, it is pretend and it will soon return to where it came from; NOTHING! When it does Gold will still have the same purchasing power it always has.



[edit on 30-5-2010 by hawkiye]

reply to post by hawkiye


I hate to break it to you but gold is only as good as what it is priced in. Good luck having a "useless dollar" and still having gold worth anything. At that point it is in the eye of the beholder. Try trading all your gold for 10 cans of soup in a eat or die scenario. At that point your gold is as worthless as my shoestrings.

I am not saying we will see this, and I am certainly not agreeing that our dollar will ever be worthless in those terms. But what you are stating is not making sense.

If your scenario were to come true, we would have no electricity in this country. So tell me how one would start to put a price on gold, where it could be traded, and who would trade it when it is worthless because it is not priced in dollars or any currency traded in the USA?

Originally posted by boondock-saint

What Soros don't know ...

See I'm going to stop you right there to ask you ... when was the last time you broke the Bank of England?

Originally posted by GreenBicMan
Do you have any idea how much money it would take to take delivery on 1 GC contract?

that is EXACTLY what they are counting on
your weakness to corner the gold market
by force

Originally posted by GreenBicMan
Also, I can buy the GLD on Monday morning, sell it Monday afternoon, and if I am up I make money. So how is that not profiting?

It's not profiting if the dollar is deflating
and gold is increasing
plus ur paying a trading fee
ur losing money

Originally posted by GreenBicMan
How many people do you think can take delivery for 100 Troy oz. of gold?

Only TPTB
and that doesn't include you
or 95% of Stock Traders

all of u r being used
to perpetuate the cycle
and ur money is being tossed
to TPTB

wake up
Wall Street is no different than
walking into a Casino in Vegas.
The house ALWAYS wins
It was designed that way