liveleak.com — Get ready for the price of gold to soar after this type of story in mainstream! John Williams discusses a coming financial depression. Explore these articles:FDIC Girds For Bank Failures & The FDIC Will Seek to Rehire 25 of It's Own Retired Members, Many of Whom Specialized in Bank Closings.http://www.thestreet.com/print
Mar 2, 2008 View in Crawl 4
Closed AccountMar 3, 2008
right. and of course, a monetary system based on gold can not be inflated at will, because it takes time and work to mine it. it is valuable because it is scarce.
joe8packMar 4, 2008
I don't want to burst your bubble (economic pun) but GOLD is traded in every currency in the world, not just dollars. I'm sure you can buy more gold with your Euros than you can with an equal number of U.S. notes. Likewise British Pounds. If all you have is a hammer everything looks like a nail and if all you've ever known is what your government has told you than I'm sure you really believe you can only buy gold with U.S. dollars. Gold has already tripled in the number of dollars required to buy it since 2003, that would seem to substantiate the claim that gold tends to appreciate in value in both inflationary times and uncertain times a not so unique combination that we are just lucky enough to be able to live through. Think of the stories you'll have to tell if you survive.
joe8packMar 4, 2008
Channel one unless you are in the southern hemisphere where all controls turn counter clockwise.
thelastprophetMar 17, 2008
Greenspan and Bernanke are TRAITORS!And the CFR administrations that have aided them.And the new crop of CFR presidental canidates will wrap it up.NWO here we come. Vote Ron Paul - McCain DOES NOT have the delegates!<a class="user" href="http://www.roncan.com">http://www.roncan.com</a>
thedredDec 25, 2008
The government has decided to try to inflate us out of this bubble by pumping a couple TRILLION dollars into the economy. They claim that not doing this early enough was what caused the Great Depression and that they must do it now to avoid another one. Currently, ALOT more money is leaving the economy and flooding into safe havens than they are currently pumping in thus causing an illusion of deflation. This is causing the powers that be to print and borrow even more to try to balance things out. Here is they are screwing up. Once things level out and the markets start to recover across the board, people will pull their money out of the safe havens and pump it back into the markets. When this happens, severe inflation will occur and GOLD, SILVER, LAND, OIL, and TIPS will skyrocket in value.This is different than the Great Depression, because it was a deflationary depression. The next one will be inflationary.
elgstrJan 4, 2009
Albert Einstein said, “I am neither especially clever, nor especially gifted. I am only very, very curious.” There's an old Sufi expression that goes "One who thinks the same way at 50 as they did at 20 has wasted 30 years of their life".So I am very curious just why these banks failed. Preventable Mortgage Fraud immediately comes to mind! So does Preventable Corruption. Now Is The Time For All Good Citizens To Save Their Cash <a class="user" href="http://www.broowaha.com/article.php?id=3891.">http://www.broowaha.com/article.php?id=3891.</a>On Becoming An Activist, <a class="user" href="http://www.broowaha.com/article.php?id=4457">http://www.broowaha.com/article.php?id=4457</a>