posted on Oct, 8 2009 @ 08:28 PM
Like someone said, we don’t know what’s going to happen in the future. But I doubt very much you’ll have to “Bug” out to the Hills anytime
soon. There’s no reason for that anywhere on the cards. So I’d lose the Cabin or land in the Mountains Idea.
If the economy takes a nose dive, so will land and property values, They already under a lot of pressure. In fact October is one of the Months that
stocks either go down or Raleigh. I believe it’s the month that they have the most movement.
The Gov is also about to do two things, one pass the Health Bill, whether you like it or not. Two, they getting ready for another “stimulus’
payout. This news I heard last night, and of course they not going to use the name Stimulus. But who cares, its still spending.
Both these not good for the Dollar.
Other future Possible events on the cards that can effect the Dollar. Bloomberg sued the Federal reserve under the information act to release
information about the Bank bail outs. Bloomberg won the case and last month the Fed were ordered to release the Information. The Fed appealed saying
that we’ll have a run on the banks and a huge economic crash if this information is made Public. The Fed had a month to make the appeal, of course
they did it on the last day possible September 30th. What I don’t know is when this hearing will take place to review the case)I’m still trying
to find this info. But that being said, if the Fed lose the Appeal and have to release this info to the Public. We will have a run on the banks( run
on the banks means the bank stock come crashing down, and the banks close their doors so you cannot draw money- even your cards will not work) and the
markets will crash along with the bank stocks. Because the Fed have ‘Corporate Business on their side so “they’ll make this happen’.
If the Fed lives another day. Ron Paul is trying to get a Bill HR1207 passed to audit the Fed. Same thing as above SWHTF. The Only thing stopping this
going forward for a hearing on the floor is Nancy Pelosi. As speaker she has to get it heard and then they can move onto voting on it. Again who knows
what’s going to happen with this.
Then there is the always ever present talk of someone crashing the Dollar and moving the US Currency to the Amero. ? Who knows. The evidence of this
lies in talk about New World Order. And if you’ve been watching T.V over the last few months. Those words have been said a lot. Here is the reality,
American(s) will not change and do radical things, unless ‘something Big happens. “Peal Harbor” “ Communists are slowly taking over every
country-Vietnam” “911- Iraq” So that being said, if someone wants to change our currency to the Amero! They have to make the dollar crash and
worthless before we decide its o.k to give it up. Then you might get cents on the dollar for your investment that’ll be switched to a new Currency.
Then you watch and see how the Current administration are spending wildly. –just seems that way to me.
Terror: Iran has bought themselves a stay in execution for the time being, who knows maybe they have dodged the Bullet by opening up their sites for
inspection. If War does happen, it’ll pull us into it. More money we don’t have, More debt. Anything that interferes with “business as usual’
is not good for Growth and creates more Negativity in the markets. Meaning no new jobs, more lay offs. Etc etc.
Then there’s the ever talk over the dirty Suit case Bombs-NYC would most likely be a target again. Still no need to bug out. But this will be very
bad for the economy.
I would find out about a 401K Loan, see how much you can take out without too much of a penalty and would buy Gold . (Not gold shares) real gold ,
something of good quality. Not the Sh#ty coins they sell on tv.
If the markets go south, so is your 401k. Don’t make more debt and don’t pay off the debt you have. You might need the money. Remember if you ever
declare bankruptcy or what ever they call it now days. …..you don’t have to pay the debt back. That’s if push comes to shove? Don’t do it on
purpose, it’ll mess up your credit. You can always sell the Gold later and put it back into the 401k.
Keep your Job you need the money.