Living in shouting distance of the yuba , american rivers and all smaller outlets ...you are correct about fineness of placer gold ...and the smaller towns , grass valley , nevada city , auburn ,,that used to be great for get aways , those related stores and services are begging for tourists...jobs up here are suffering , like any big- small towns ...we need jobs-jobs-jobs ......with this 'bunch in the white house , house of 'hoe`s , senate, .....good luck ...we are SCREWED !
Dollar Forced to Abdicate Its Throne [View article]
ALBERTA, ..OMG ..YOU HIT IT !...
On Oct 25 01:04 PM Albertarocks wrote:
> As an admirer of Peter Schiff "and" his father, both for their insight > and their courage, I always listen to Peter's messages with a bent > toward the question of "when". Peter never says exactly "when", because > he doesn't know when, he "can't" know when. But his message still > makes so much sense that logic says he has to be right. The "when" > part is trickier. When what? When will the dollar recover to its > former position of world leader? Never! Not in its current form. > > > When will the stock markets resume their secular bear trend? Sooner > than most Americans investors think, but not as quickly as I have > thought would be the case. I've underestimated the willingness and > bold faced audacity of the big banks to interfere to the extent that > they have. > > Will the dollar enjoy a bounce? Very likely! When? With sentiment > sitting at 96% bearish and indicators sitting at oversold levels > never seen before, it stands to reason that the answer is probably > "soon", very soon. The market will not respond well to that either, > not this time. In years past when the American economy was truly > strong, a strong dollar was a legitimate product of that strong economy. > Any bounce in the dollar now, wouldn't be a result of a strengthening > economy but of something else, I'm not sure what, but not a legitimate > strengthening economy. Maybe it will bounce temporarily due to credit > tightening or even a more serious credit contraction that lasts a > year or more. If that's the case, we're probably looking at a short, > sharp period of deflation. Again, the markets won't like that one > iota. > > The one other possibility that disallows Mr. Schiff to answer the > question "when", is the possibility that the administration's owners > and handlers have decided to allow the dollar to drop right off the > face of the earth right here, right now, with absolutely no intention > of supporting it. If that's the case, the dollar will be going on > a permanent vacation to its private hideaway in Zimbabwe and this > nutty, equity driven, bankster driven stock market rally will simply > continue it's unabated journey toward the moon until the world suddenly > realizes what the hell is really going on. > > And when will that happen? Too soon for comfort and too late for > those investors who are kept in the dark by the media arm of the > FED.
Nouriel Roubini, One on One: More Doom and Gloom [View article]
I to was disapointed in rubini`s remarkes ..the dollar is tanking and will continue to do so , as that bho-fed do not give a hoot , they are wanting the dollar to collapse , so the imf will be incharge ...for me , i hold the 'real'...that is my risk i assume !...comments please ..
AT LAST ! ....Wow , being on the end of this thread , All i can say is WE ARE SCREWED !Thanks to you ALL who voted for this MARXTIST !.....say good bye to AMERICA...! SEE WHAT HE HAS DONE WITH YOUR EYES WIDE SHUT ...HIDE AND WATCH WHAT IS TO COME .
Global Liquidity Glut Bodes Well for Gold [View article]
SPARTACUSS , Good points .....the very worst is yet to come 2010 -2012 .....hold gold AND SILVER BULLION , in my humble opinion ...no etf`s ..or paper gold ...
TO ALL...my comment + is not working...hummm...but great posts , good articule...yes silver is going to do very well , IMHO , ..no ETF`S ..NO MINERS , ..that is just me ...hold the real !!...hide it !...GOOD LUCK TO ALL !..
Printing presses hard at work , can`t 'print GOLD...Look at the national debt !...heath care 'reform . MORE TAXES , (ie: fees , fines )..CRAP& TRADE COMING !...Our older citizens , being tossed away in this ''bill''...Welcome to nobamma land !....JMHO
Asset Reflation Does Not Signal Recovery for U.S.'s Collapsed Economy [View article]
TO ALL THAT POSTED THOUGHTFUL COMMENTS...AMEN !..We are lost , ..We are owned by the CHINESE ...Thank you mr. o''...the gang of Crooks have run rough shod over OUR CONSTITUTION , here comes a health bill , SURE TO KILL US ALL !...NO ID FOR ILLEGALS DRAINING OUR HEALTH COSTS , NO TORT REFORM ,NO BUYING INSURANCE ACROSS STAE LINES !..THANK YOU CONGRESS -SENATE , ... ONE IN THE SAME WHORE HOUSE !...''O'' WILL NOT MAN UP , AND MEET THE DALI-LAMMA , MIGHT HURT CHINESE FEELINGS. WAFFELING ON SENDING MORE TROOPS TO GET THE JOB DONE !...THANK YOU FOR LETTING ME 'VENT ''...
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Dollar Forced to Abdicate Its Throne [View article]
On Oct 25 01:04 PM Albertarocks wrote:
> As an admirer of Peter Schiff "and" his father, both for their insight
> and their courage, I always listen to Peter's messages with a bent
> toward the question of "when". Peter never says exactly "when", because
> he doesn't know when, he "can't" know when. But his message still
> makes so much sense that logic says he has to be right. The "when"
> part is trickier. When what? When will the dollar recover to its
> former position of world leader? Never! Not in its current form.
>
>
> When will the stock markets resume their secular bear trend? Sooner
> than most Americans investors think, but not as quickly as I have
> thought would be the case. I've underestimated the willingness and
> bold faced audacity of the big banks to interfere to the extent that
> they have.
>
> Will the dollar enjoy a bounce? Very likely! When? With sentiment
> sitting at 96% bearish and indicators sitting at oversold levels
> never seen before, it stands to reason that the answer is probably
> "soon", very soon. The market will not respond well to that either,
> not this time. In years past when the American economy was truly
> strong, a strong dollar was a legitimate product of that strong economy.
> Any bounce in the dollar now, wouldn't be a result of a strengthening
> economy but of something else, I'm not sure what, but not a legitimate
> strengthening economy. Maybe it will bounce temporarily due to credit
> tightening or even a more serious credit contraction that lasts a
> year or more. If that's the case, we're probably looking at a short,
> sharp period of deflation. Again, the markets won't like that one
> iota.
>
> The one other possibility that disallows Mr. Schiff to answer the
> question "when", is the possibility that the administration's owners
> and handlers have decided to allow the dollar to drop right off the
> face of the earth right here, right now, with absolutely no intention
> of supporting it. If that's the case, the dollar will be going on
> a permanent vacation to its private hideaway in Zimbabwe and this
> nutty, equity driven, bankster driven stock market rally will simply
> continue it's unabated journey toward the moon until the world suddenly
> realizes what the hell is really going on.
>
> And when will that happen? Too soon for comfort and too late for
> those investors who are kept in the dark by the media arm of the
> FED.
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