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Why Oil and Gold Are Headed Much Higher

Philly Jim:

You wrote: "grandiose multinational pieces of sh*t from abroad"

So, let me get this straight, these, I quote you here, "grandiose multinational pieces of sh*t from abroad" won't be allowed? Is that it? Allowed? ALLOWED????

Just who do you think you are? America is about to be handed its hat. No amount of jingoistic blathering to the contrary will derail the inevitable collapse of Extremist-Capitalist Americanism.

The Banksters are gaming the system for just a little while longer in a impotent attempt to delay the inevitable.

You can use the time, as you are here, waving the flag and shouting rah rah rah sis boom bah, go team go and we're number one if it makes you feel better.

Or, you may, if you choose, do what you need to do to prepare yourself and your family for the consequences of the neo-con policies born in America that have infected not only your "culture" but the health and fortunes of the 95% of the planet that is not American.

Why Oil and Gold Are Headed Much Higher

punk_ash said: "The thing is that we sitting in the US think that the rest of the world are doing so great, but the fact is that they are not, India and China are almost completely dependent on US and will continue to be for who knows how long"

I live in Asia. China is my neighbor to the north. I have been there several times. While no expert, the following is a result of my boots on the ground impressions, reading and listening to the friends that are doing business there.

First, there are more Chinese in the middle class than there are Americans who work. Another half billion while not middle class have more income than ever before.

Second, China is very close to reaching critical mass. That will negate the need for trade with first world countries. Trade with America, while nice, isn't necessary. Get over yourself.

China and India just completed bilateral trade agreements. India has over 1 billion people. Russia and China are finalizing the details of their bilateral trade negotiations. China and Iran have finalized their trade agreements. These agreements have provisions whereby the Dollar is expressly NOT used.

Many countries in Asia have completed agreements where NO Dollars or any currency are used.

China is busy using the billions America has spent with her to buy everything they can get their hands on until the Dollar collapse. You name it, they're buying it. Carefully and intelligently.

China will be hurt by the coming first world collapse. That is, if you call growth falling from +10% to as low as +2% as hurting.

We are going to be much better off in Asia after the collapse than North America. We still make THINGS. Americans on the other hand only know how to make trouble everywhere in the world and argue with each other.

Congratulations, you made it!

Why Oil and Gold Are Headed Much Higher

The Federal Reserve Is Inflating at 341% per Annum!!

www.freedomsphoenix.co...

Yes indeed, the Banksters are up to their necks in bravo sierra!

Why Oil and Gold Are Headed Much Higher

Several Faith Based Economics proponents posting here. Lots of prose that amounts to no more than Pepsi-Coke silliness. The ship is going down and these people are arguing about how to rearrange the deck chairs.

Banksters so caught up in their bravo sierra that they start to believe it in the best case. Worst case, they're still maneuvering for the Gordon Gecko of the year award and care not one whit about 99% of their clients!

All of Golden Sacks bailout money goes to 2008 salaries and bonuses for its well heeled Bansters!

www.dailymail.co.uk/ne...

Why Oil and Gold Are Headed Much Higher

concernedoptimist:

Rah rah rah, sis boom bah! We're number one, we're number one, we're number one, go team go!

Many people are in fact going about their daily lives.

One of those said recently that there is nothing she can do about it either way so why should she worry. I'm confident I'll be getting a call from her when it finally does collapse. I will give her and her family refuge when the time comes IF they are able to get out.

Imagine that, a socialist like myself giving refuge to an acolyte of Extremist-Capitalist dogma!

What is the world coming to?

Why Oil and Gold Are Headed Much Higher

Banksters gaming the system to extract as much money from hard working people as they can. Banksters who don't trust one another enough to lend each other money ask, no - demand that hard WORKING people trust them.

Banksters continue to spew their Extremist-Capitalist lies in earnest while diligently fleecing those they hold in utter contempt.

Anything that is paper is worthless. Comex paper is worthless. Federal Reserve Notes are worthless. Anyone who thinks otherwise is guilty of faith based economics.

No matter your opinion we will soon learn the truth. Meanwhile, remember well Kenny Boy Lay and his lies.