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10 minutes worth of RACKS!
Posted: Sun Dec 21, 2008 8:38 am
by poptart
10 minutes worth of RACKS!
If Ron Paul was the dude saying these things (which he has, of course) he'd be labeled a high-pitched wingnut.
Yeah, we're pretty well fucked.
GO GOLD.
Re: 10 minutes worth of RACKS!
Posted: Wed Dec 24, 2008 4:26 am
by KC Scott
Gold would only be a good buy when / if we get back into an inflationary period - right now we're in deflation.
In other words, all assets are dropping this includes materials.
The best solution is still hording cash for now -
Re: 10 minutes worth of RACKS!
Posted: Wed Dec 24, 2008 8:18 pm
by Mister Bushice
I'm up over $100 per ounce this year in gold, and $ somewhere around $500 an ounce from the initial buy in I did.
No complaints, despite watching it yo yo all year long.
Re: 10 minutes worth of RACKS!
Posted: Sat Dec 27, 2008 2:46 am
by poptart
Cash may be ok now, but don't get caught with your p@nts down.
The dollar is gonna crater.
BIG TIME inflation is right around the corner, imo.
Everyone wants a bailout now.
Cali' is "broke" and needs a bailout.
Golly, how could that have happened?
Allow an endless flood of ILLEGALS to enter from the south and "charge" it all to the taxpayers.
And keep dishing out entitlements to deadbeats.
Spend, spend, spend, spend, spend x infinity ....
No problem. lol
Yeah, the house of cards is gonna slam down in a big way.
Gold.
Re: 10 minutes worth of RACKS!
Posted: Sun Dec 28, 2008 6:15 am
by War Wagon
poptart wrote:
Allow an endless flood of ILLEGALS to enter from the south and "charge" it all to the taxpayers.
Yeah, THATS the reason for the worldwide economic meltdown.
All those damn Mexicans getting sub-prime mortgages and taking American jobs picking lettuce.
Re: 10 minutes worth of RACKS!
Posted: Sun Dec 28, 2008 9:05 am
by poptart
Wagon, do yourself a little research and see how much jack the illegals cost California taxpayers every year.
And this UNFATHOMABLE amount, which the state simply does NOT have, will do nothing but skyrocket as the years go by.
If you don't think this is a MAJOR reason why Cali' is now broke, you're either in gross denial or just completely screwed in the head.
It simply can NOT be sustained.
It WON'T be sustained.
Cut off entitlements for deabeats, stop the flood of ILLEGALS, and watch those "jobs that Americans won't do" get gobbled up by ... you guessed it, AMERICANS.
Or ... they can starve, I don't care.
Btw, this is a fun article.
Laff ... or cry.
Your choice.
http://www.google.com/hostednews/ap/art ... gD957NEHO0
"We've lent some of it. We've not lent some of it. We've not given any accounting of, 'Here's how we're doing it,'" said Thomas Kelly, a spokesman for JPMorgan Chase, which received $25 billion in emergency bailout money. "We have not disclosed that to the public. We're declining to."
The Associated Press contacted 21 banks that received at least $1 billion in government money and asked four questions: How much has been spent? What was it spent on? How much is being held in savings, and what's the plan for the rest?
None of the banks provided specific answers.
They "declined" to disclose to the public (who fucking
PAID them) how the money was spent???
LOL x crying, too
Ron Paul '08!!!
errrr ... nevermind
Re: 10 minutes worth of RACKS!
Posted: Sat Jan 10, 2009 4:17 am
by War Wagon
When has hoarding cash ever not been a good strategy?
Fucking brilliant.
Hoarding a pulse is a good thing too.
Hey, Thesaurus Scott... you mis-spelled "hording", so I guess that makes you a dumbfuck.
Re: 10 minutes worth of RACKS!
Posted: Tue Feb 03, 2009 3:14 am
by H4ever
KC Scott wrote:Gold would only be a good buy when / if we get back into an inflationary period - right now we're in deflation.
In other words, all assets are dropping this includes materials.
The best solution is still hording cash for now -
That's my guess right now. Stock certificates will replace Sears catalogs in the form of outhouse asswipe when municipalities are no longer maintaining sewer lines and wastewater plants, and we're all shitting in 5 gallon buckets. At least that's how bad I heard it will be by 2015. Look for an "eat the rich" mentality to form across this nation by 2012.....read that, too. And I'm betting those execs with the record bonuses this year will be among the first to go down.
Re: 10 minutes worth of RACKS!
Posted: Wed Feb 04, 2009 3:30 am
by KC Scott
Really Good Video to watch on the 2nd wave of forecloseures coming in 09, 10, 11.
Also a very interesting take on the stock market towards the end:
http://www.tv.com/video/81wl9QdzPsczkXW ... ttom?o=cbs
Re: 10 minutes worth of RACKS!
Posted: Thu Feb 05, 2009 3:57 am
by War Wagon
Did that vid get your panties wet?
Re: 10 minutes worth of RACKS!
Posted: Fri Feb 06, 2009 7:07 pm
by BSmack
I agree with every last word of that take on the market. Stocks are a gold mine right now.