Economic Meltdown is near - Wall Street insiders have "vanished" and stopped "buying"

reply to post by kreese


Same thing happened during the 2008 stock market crash. Like usual, everyone is rushing into US treasuries and the dollar is at an 8 month high against the Euro, which means bad news for commodities in the near short term. But look at what gold did after that!

Originally posted by BlueSkies
reply to post by camaro68ss

 

So when people come to your house and try to get some of your water/food supply you will shoot because they should have prepared themselves...?

It may sound like a good plan in theory but I wonder how this scenario plays out in real life. Yes you will be prepared with water, food and other supplies and yes you have the weaponry to defend what is yours.

I do wonder how you will feel about your survival if it required killing of a fellow human who was trying to survive. Not to mention that sooner or later that person might be a child.

:-)

edit on 22-9-2011 by BlueSkies because: Spelling

No i would give then a bit to eat and a day or two supply but tell them not to come back and i will not give them anything more in the future. you cant feed the world other wise ill be the one out of food

reply to post by CasiusIgnoranze


The economy and Wall Street are not intricately linked that one fails without the other. Wall Street can fail and it can be business as usual.

Originally posted by Bluesma

Originally posted by CasiusIgnoranze



I advise people to start transferring atleast some of their money into PHYSICAL ASSETS like gold, silver, food and ammo ASAP (if you haven't already) before you wake up one morning and find your 401K wiped out.

Done. Two months ago, I sold my business, took home all the stock, liquidated all equipment. We bought ammo, filled our basements with food and water, and I arranged to bring my horse home instead of having her boarded elsewhere. We've even got gasoline and diesel, wood....no more money in the bank (or just a little).

Maybe it's overkill and won't be necessary. But at least it allows me to watch all this without feeling a panic attack coming on, and that's a good thing.

Can you adopt me? I only eat once a day and I love horses...

Originally posted by blackrain17
Actually, we had our huge stone barn made into an apartment, to house more, so....... if you can get over here......

reply to post by Drew99GT


Gold hit a cyclical bottom in 1999. It’s been moving up ever since, logging a positive return every year in the past 10. That’s soon to be 11, as the metal is up nearly 25 percent year-to-date.
Most investors already know about gold’s record low. What they don’t know is that it was a state of capitulation, the level where the last person long on a losing trade finally throws in the towel.
That’s because 1999 was the year when the United Kingdom cried “uncle” to falling gold prices and started selling off its gold stockpile en masse.
You can blame then-Chancellor of the Exchequer Gordon Brown (yes, the future prime minister) for panic-selling. Brown tried to unload so much gold that the price dropped nearly 10 percent in a matter of weeks, reaching a low of $252.80 in July, 1999.
And yet, you also have to realize that other countries and central banks were doing the same thing to their gold supply for over 15 years before the UK sales.
Indeed, European banks haven’t been net buyers of gold since 1985 . . . at least until now.
According to a report in the Financial Times, European banks have bought over 25,000 ounces of the metal (yes, at market prices) year-to-date. To be fair, that’s less than one ton of gold. It’s chump change compared to the massive purchases by Russia, India, and China’s central banks.
But it’s the start of a major shift.
When central banks are net purchasers of gold, the price goes up. When they’re net sellers, the price goes down. And the fact that European central banks have started becoming net buyers at a time when there’s so much questionable paper debt floating around the EU is hardly a coincidence.
Gold bottomed when every European institution that wanted to be out of gold was finally out. Now they’re starting to come back to the table to buy again. When it reaches a frenzy in a few years, that’ll be a signal to cash out. For the time being, it’s a small, but incredibly bullish signal for gold.
Right now, however, bullion is still within 10 percent of its recent nominal high. There’s no need to rush to add to your gold positions. There will be plenty of opportunities to pick up bullion at better prices relative to its recent high.
And there will be times when the best way to play gold isn’t with bullion. Now is one of those times. For several months now, gold stocks have lagged gold’s performance. Despite some cost increases due to inflation, the majors have been expanding their operating and profit margins. In terms of assets, investors in the majors can buy an ounce of gold reserves for less than $1,200 per ounce.
Junior miners have more upside, but are also dependent on company-specific risks, typically involved with finding and bringing new reserves to market.

Originally posted by nixie_nox
reply to post by CasiusIgnoranze

 

The economy and Wall Street are not intricately linked that one fails without the other. Wall Street can fail and it can be business as usual.

Actually this is not true. They are linked and many businesses rely on goods services sold on the commodities markets and or from companies over extended in the stock market. A big enough stock market crash will cause a currency crash also.

Originally posted by amfis
Well... if you have some moneys you can do it.. other who don't - probably only meditation and weed left to do

What about the munchies ? How do you plan to get it without money?

Hope you have your own plants of the cash crop called 'weed' Otherwise you will have to buy that too

Originally posted by hawkiye

Originally posted by nixie_nox
reply to post by CasiusIgnoranze

 

The economy and Wall Street are not intricately linked that one fails without the other. Wall Street can fail and it can be business as usual.

Actually this is not true. They are linked and many businesses rely on goods services sold on the commodities markets and or from companies over extended in the stock market. A big enough stock market crash will cause a currency crash also.

Most companies start small, with a pool of savings ( including banks). As they grow, they will need funds for expansion. Some turn to banks for loans, while others turn to investors, by selling shares of their company in return for such funds. These companies are then listed on the stock exchanges, to be monitored by the investors on how the companies perform.

Take note:-

1. ) the shares had already been sold. Money is in the company's hand. With that money, the company expands, to profit or lost.

2. ) What transpires on the stock exchange is no longer any concern to the company. It is only the concern of the investors, whom may at anytime, in turn, sell their stocks or buy from other investors. If the stocks perform well, there will be dividends paid out to the investors.

Where there are losses, should the company goes belly up, his stock/investment turns into zero, a loss.

Thus, when the stock market crashes to the max, it is the investor who loses all, NOT the company. The company still has funds for its expansion.

The only problem is that when the stock market crashes, the company will no longer have any access to funds for further expansion. However, money, dont disappear into thin air.

When a stock market crash, it is only because investors are SELLING their stocks in EXCHANGE for cash, and such cash are hoarded up. Thus, there is still money for the company seeking funds, if he can PROOF he is still profitable on Main Street where the real economy is, and not WALL Street which is only a casino driven by gambling herd instincts which affects even profitable companies.

There will be some companies and banks whom deserved to fall and have their stocks grounded to zero, due to poor performances, mismanagement, or used up their budgets resources with no credit avaliable anymore. On Main Street, these companies will most certainly go bankrupt. On Wall Street, their stock performance is but only an indication of investors faith in its viability.

Therefore, a layman must carefully differentiate what's happening on Main Street and Wall Street. They are not the same. The former is the real economy of companies and the latter is only an unprecise indicator for investors.

Simply explained, so that may more understand. Only truth can dispel fears.

reply to post by SeekerofTruth101


Correct, but you forget the companies own a lot of their own stock, and the owners and CEOs of the companies invest their profits in the market, not to mention all the employees. A large portion of our nation's savings is in the markets.

They go, so do all the savings.

Senate just rejected the sending plan in a procedural test vote
Senate rejects spending plan in procedural test vote

reply to post by SeekerofTruth101


Stock market is a scam to ease money off the less-informed and the gullible.

The banks are good enough to fund any business.

There are three sources of capital - private wealth, banks and the government. This is enough.

The problem is stock prices are massively rigged. The vested interests never let real price discovery happen.

A retail investor / small tarder cannot win with a trading robot. The small losses soon accumulate, and small trader's money is gone.