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Posted: 9/23/2009 4:48:13 AM EST
[#1]
Quoted: I figured I was probably going "light" compared to some..........Quoted: Quoted: I don't know why this a)isn't getting more news coverage, and why b)it seems that there is no sense of urgency amongst those who have the job of preventing such attacks. [span style='color: red;']I'm in condition orange. AR, mag carrier, 5 loaded mags, vest, G21 and 3 additional .45 mags. We have become too complacent. We have become weak. We have forgotten. We will be forced to remember. Really??? WTF.......Are you planning on heading to your nearest stadium/hotel at the first sign of violence? You gonna go all Rambo on the mofo's? While I do advocate being "prepared", there is a limit my friend. Be ready, but don't go overboard.... Just a thought.  Overboard? Heck, that's barely a good start.... |
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Posted: 9/23/2009 4:48:17 AM EST
[#2]
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We never know when, by whom, and why our bank records may come under scrutiny some time in the future. So, you are suggesting, theoretically of course, that a sphincter-wrapped soldering-iron just might get someone to reveal the location of their well-hidden stuffed sock ? 
I think the reference was to the proposed Health Bill that is coming, there is an IRS provision in there to examine your financial records in "near real time". I am old enough to remember when all banking records were kept on paper. Then they were computerised, but it would have taken some extraordinary situation and a warrant to examine them. Now there is very real discussion of health care records linked to financial records. Who knows what might be next? The answer it: None of us. Period. Is there any legal reason not to suddenly withdraw all of one's money from banks? No, none whatsoever. I am just paranoid enough to believe that THE most valuable thing one can maintain for the future is a very tediously boring, easily documentable, no *blips* on the screen kind of paper trail. Off radar –– in plain sight. $.02 cheerfully refunded, minus shipping and restocking fee. That is really good advice (seriously). That said, if one does not currently have cash reserves... now is THE time to set up a cash reserve at home. Once the health-care thing (and other socialized big-brother crap passes), the above is the way to live. Again, all that being said... maybe your safe isn't the best place to put all your eggs. Safes are easily broken into, and they only deter the casual thief. So, if someone is coming for a bunch of cash and high-powered bullet-hoses with the shoulder thing that goes up, be assured they're going to bring a couple of crowbars. |
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Posted: 9/23/2009 4:50:33 AM EST
[#3]
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Now why would I do that? Now I do worry about civil unrest, I also worry about being caught in a situation and think to myself "gee all of those guns in the safe would, and I don't have a single one of them near me right now, when I need them the most."
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I don't know why this a)isn't getting more news coverage, and why b)it seems that there is no sense of urgency amongst those who have the job of preventing such attacks. [span style='color: red;']I'm in condition orange. AR, mag carrier, 5 loaded mags, vest, G21 and 3 additional .45 mags. We have become too complacent. We have become weak. We have forgotten. We will be forced to remember. Really??? WTF.......Are you planning on heading to your nearest stadium/hotel at the first sign of violence? You gonna go all Rambo on the mofo's? While I do advocate being "prepared", there is a limit my friend. Be ready, but don't go overboard.... Just a thought. Having a truck gun isn't going overboard. Again, I agree with being prepared (I do carry every day). I just don't know about an AR, 5 mags, vest, etc in your truck. But, that's just my opinion. No offense intended. I can get home with my BOB and carry gun (Only about 10 miles) fairly quickly, maybe you live in a worse area than me, I don't know... I wouldn't want to be seen with an AR, etc. while trying to get home, I think in an early "unrest" type of situation it would make you more of a target for LEO if you had to bail from your vehicle. But I digress, back to the bad shit comin'... Carry on...... |
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Posted: 9/23/2009 4:59:15 AM EST
[#4]
Quoted: I live on the threshold of very rural, and very populated and I travel long distances for work. Having a truck gun isn't hard to conceal. I just have it in the extended cab portion of my truck with a towel draped over it. Mag carrier is on the floor board. Quoted: Quoted: Now why would I do that? Now I do worry about civil unrest, I also worry about being caught in a situation and think to myself "gee all of those guns in the safe would, and I don't have a single one of them near me right now, when I need them the most."Quoted: I don't know why this a)isn't getting more news coverage, and why b)it seems that there is no sense of urgency amongst those who have the job of preventing such attacks. [span style='color: red;']I'm in condition orange. AR, mag carrier, 5 loaded mags, vest, G21 and 3 additional .45 mags. We have become too complacent. We have become weak. We have forgotten. We will be forced to remember. Really??? WTF.......Are you planning on heading to your nearest stadium/hotel at the first sign of violence? You gonna go all Rambo on the mofo's? While I do advocate being "prepared", there is a limit my friend. Be ready, but don't go overboard.... Just a thought. Having a truck gun isn't going overboard. Again, I agree with being prepared (I do carry every day). I just don't know about an AR, 5 mags, vest, etc in your truck. But, that's just my opinion. No offense intended. I can get home with my BOB and carry gun (Only about 10 miles) fairly quickly, maybe you live in a worse area than me, I don't know... I wouldn't want to be seen with an AR, etc. while trying to get home, I think in an early "unrest" type of situation it would make you more of a target for LEO if you had to bail from your vehicle. But I digress, back to the bad shit comin'... Carry on...... I guess you missed Bama-shooter's thread on escape and evading? I seriously doubt that a country bumpkin, with a distinct Appalachian accent, in a beat up pickup truck with American flag stickers would raise eyebrows amongst law enforcement. Not to mention I'm good friends with the county's state trooper. Also there is no law preventing me from having at truck gun. |
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Posted: 9/23/2009 5:47:42 AM EST
[#5]
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I figured I was probably going "light" compared to some..........
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I don't know why this a)isn't getting more news coverage, and why b)it seems that there is no sense of urgency amongst those who have the job of preventing such attacks. [span style='color: red;']I'm in condition orange. AR, mag carrier, 5 loaded mags, vest, G21 and 3 additional .45 mags. We have become too complacent. We have become weak. We have forgotten. We will be forced to remember. Really??? WTF.......Are you planning on heading to your nearest stadium/hotel at the first sign of violence? You gonna go all Rambo on the mofo's? While I do advocate being "prepared", there is a limit my friend. Be ready, but don't go overboard.... Just a thought. Overboard? Heck, that's barely a good start.... Maybe. I keep my ol Sears/Mossberg 12ga pump with about 40 rds of OO and 20 or so slugs in a bandolier under the rear seat in the truck. Lately I've started keeping 100 rds of 45 as well . There's always been some food,water,a knive,ax,rope,tarp,blankets,etc in the gang box in the back. I really think that if it got much worse , I wouldn't leave home without my AR pistol in a small case and a bunch of loaded mags. Preparedness is a different level depending on who and where you are.......FWIW, Im in rural Maine.
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Posted: 9/23/2009 5:50:24 AM EST
[#6]
Quoted: Quoted: Quoted: I figured I was probably going "light" compared to some..........Quoted: Quoted: I don't know why this a)isn't getting more news coverage, and why b)it seems that there is no sense of urgency amongst those who have the job of preventing such attacks. [span style='color: red;']I'm in condition orange. AR, mag carrier, 5 loaded mags, vest, G21 and 3 additional .45 mags. We have become too complacent. We have become weak. We have forgotten. We will be forced to remember. Really??? WTF.......Are you planning on heading to your nearest stadium/hotel at the first sign of violence? You gonna go all Rambo on the mofo's? While I do advocate being "prepared", there is a limit my friend. Be ready, but don't go overboard.... Just a thought. Overboard? Heck, that's barely a good start.... Maybe. I keep my ol Sears/Mossberg 12ga pump with about 40 rds of OO and 20 or so slugs in a bandolier under the rear seat in the truck. Lately I've started keeping 100 rds of 45 as well . There's always been some food,water,a knive,ax,rope,tarp,blankets,etc in the gang box in the back. I really think that if it got much worse , I wouldn't leave home without my AR pistol in a small case and a bunch of loaded mags. Preparedness is a different level depending on who and where you are.......FWIW, Im in rural Maine. An 870 is usually SOP for me, but one thing bothers me about it, and that's the use of buckshot. I really don't like the idea that a stray shot could find its way to someone or something I don't want to hit, and the over penetration of slugs also bothers me. But honestly, I think it is a good thing for people to carry some sort of long gun. |
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Posted: 9/23/2009 6:19:06 AM EST
[#7]
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Posted: 9/23/2009 6:30:21 AM EST
[#8]
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I figured I was probably going "light" compared to some.......... Not at all. It's just about right for an everyday setup.
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Posted: 9/23/2009 6:45:16 AM EST
[#9]
Strategically. Hmmm, given their obviously good reading comprehension skills ... perhaps they read about THE TARP. And are now giving a proper response. |
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Posted: 9/23/2009 7:08:22 AM EST
[#10]
Quoted: If you think the pre-recession housing market was not a bubble, then get busy flipping houses. Let us know how that works out for you. Yep. According to the 'paper bugs' out there, EVERYTHING is a buying opportunity, today, right now. Especially, if debt is used to do it. All the items already over-bought with the credit bubble. Hmmm. No fuckin' thanks. |
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Posted: 9/23/2009 7:12:14 AM EST
[#11]
Quoted: Except gold and silver.Quoted: If you think the pre-recession housing market was not a bubble, then get busy flipping houses. Let us know how that works out for you. Yep. According to the 'paper bugs' out there, EVERYTHING is a buying opportunity, today, right now. Especially, if debt is used to do it. All the items already over-bought with the credit bubble. Hmmm. No fuckin' thanks. |
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Posted: 9/23/2009 7:22:52 AM EST
[#12]
Quoted: Quoted: Except gold and silver.Quoted: If you think the pre-recession housing market was not a bubble, then get busy flipping houses. Let us know how that works out for you. Yep. According to the 'paper bugs' out there, EVERYTHING is a buying opportunity, today, right now. Especially, if debt is used to do it. All the items already over-bought with the credit bubble. Hmmm. No fuckin' thanks. Good point. PMs won't help reflate the phony bubble that they want & need to survive. |
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Posted: 9/23/2009 8:23:03 AM EST
[#13]
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Posted: 9/23/2009 9:43:54 AM EST
[#14]
by Michael S. Rozeff Since the government and central bank are once again inflating the economy, let’s look back at what happened the last time they did this. The Bush-Greenspan team used war, fiscal stimulus, and FED money-pumping to produce a housing bubble that drove the unbalanced economic recovery of the early 2000s. Personal saving dropped as sharply as debt rose, but the recovery was halting and anemic. While the Clinton years saw the real GDP rise 35.4 percent in 8 years, the Bush years had a 21.0 percent overall rise. The stock market recovery was likewise labored and anemic. The broad-based Wilshire 5000 Index did not exceed its year 2000 peak of 14,991.68 until 2007 when it peaked at 15,806.69. The net gain was minuscule. The inflation and debt-driven recovery drove the dollar index down from a 2001 level of 120 to its current level under 78. In thinking about the future, it helps to think in terms of "orders of magnitude." The largest hydrogen bomb released 50 million tons of energy. An atomic bomb releases about 500,000 tons. The hydrogen bomb is larger by a factor of 100. If a factor of 10 is an order of magnitude, then the difference in this case is exponential. We are in the early stages of a resurgent government-produced inflation both in the FED’s balance sheet and also in government debt. In both cases, we are looking at changes that are already several orders of magnitude larger than anything we have ever experienced before. We are going into uncharted waters. There are going to be produced large surprises in the various markets for goods, services, labor, bonds, stocks, real estate, currency, commodities, and gold. Barack Obama and Ben Bernanke do not want to go down in history as the leaders who presided over Great Depression II. To avoid that fate, they are blowing up the American debt bubble to even greater dimensions than George Bush and Alan Greenspan did. By taking over nearly the entire mortgage market, the U.S. government has vast risk exposures to interest rates and housing prices. The effects of the Bush-Greenspan bubbles have been centered on declines in real estate prices and the resulting loans gone bad that have made hundreds and hundreds of banks insolvent and doomed to fail. When financial stock indexes like XLF fell 82 percent, it was for good reason. That index has recovered somewhat. It is now down 61 percent. It hit a low on March 6, 2009. It turned up slightly in advance of the news on March 18 that the FED would inflate by over $1 trillion (quantitative easing.) In the previous episode of inflation, bank and consumer balance sheets became distorted and over-leveraged. The end result was destruction of the capital invested in these sectors, both equity values and loan values. This time around, the effects are going to be different. In this case, it is the balance sheets of the central bank and federal government that are being heavily distorted and over-leveraged. The end result will be a destruction of their capital. This will show up in three main ways: problems with the dollar, problems with government debt, and problems with government taxes and transfer payments. The dollar will be under continual downward pressure against gold. The dollar index is likely to decline too as the flight to the dollar abates and other central banks shift away from dollar securities as a reserve. As the Obama programs are enacted, U.S. government debt will continue to soar. This debt will come under a cloud. The default risk will rise, and this will cause the yields to rise and the prices to fall. The inflation component will rise too, with the same effects. The government will have problems funding its programs. It will be under pressure to raise taxes and cut back on its programs. Since it will be reluctant to do either, the problems will fall upon the dollar and on the government debt. This will place the government in an untenable position because the higher interest costs of the debt will add to the deficit. An undesirable feedback cycle will occur in which deficits cause higher interest costs which cause more deficits which cause higher interest costs, and so on. No amount of taxation can solve the government’s fiscal problem that lies ahead. Greater taxes will only make them worse by slowing the economy. That option is foreclosed. How about spending? Will the government when faced with these problems control its spending? No, not in any orderly way. Political maneuvering is unlikely to produce a rational process of control and a reduction in spending. Instead, the political forces are likely to be involved in continual fighting in order to gore someone else’s ox. The fact of the matter is that Obama plans to increase government spending by an order of magnitude, not take it down by an order of magnitude. The deficit is already approaching runaway status, even without this added spending. Perhaps Obama will be a one-term president. No matter. Past Republicans have worsened the government’s fiscal situation even more readily than Democrats. Little relief can be expected in that direction. Gridlock in Congress may seem the best bet, but it seems that logrolling overcomes gridlock The two problems – the dollar and debt – are joined. If the FED tries to save the dollar, it affects government debt adversely. The FED can relieve pressure on the dollar by deflating its bloated balance sheet. To do that it needs to sell off the mortgage-backed securities that it has accumulated and not buy the rest that it is now in the process of buying. If it ever does sell off these securities, it will pressure the government debt market. This is very unlikely. Instead I expect it to pay interest on reserves, which will not solve its problems and will only add to the government deficit and start an exponential process of increase in interest paid. If the government tries to save the debt market by having the FED support it as it is now doing, that affects the dollar adversely. The central bank and the government are between a rock and a hard place. One or the other or both of the dollar and the debt are slated to have problems. Enactment of Obama’s health care and energy measures, even in diluted form, will confirm the existing course. Their rejection will be more favorable for the dollar and for government debt. As the political winds shift, so will the fortunes of the dollar and the government debt markets. Investment is now a gamble on politics.  My bet is this. One fine day the bottom is going to drop out of the dollar. There will be a swift and sharp order of magnitude change. The recognition of the problems will reach a point at which it starts to go exponential, not just in terms of people being vaguely conscious that things are not right, but in terms of actually taking action to protect themselves. Foreign central banks may be reluctant to dump their dollar securities and think it better to liquidate them slowly so as not to drive prices down and break the market, but when they observe that others are running for the exits, they will run too. There will be a run on the FED and a run on the U.S. government. Runs upon the dollar and U.S. government debt are where things are now headed, and that is a scenario that calls for action now. And the more of us that act upon it now, the more likely it is that we bring that reality into existence. The FED and the government do not want to see runs upon them. They will soft soap everyone as long as they can because rhetoric is the cheapest form of action, but really to prevent these runs from occurring, they have to take concrete measures that suggest a fundamental shift in the fiscal and monetary courses they are now on. If the major governments of the world could get themselves and their peoples involved in a war like World War I that killed 20 million human beings, can a government not create such economic imbalances that it derails its debt, currency, and economy? It has already happened many, many times in the past. The only novelty now is that it is happening in America. September 23, 2009 Michael S. Rozeff [send him mail] is a retired Professor of Finance living in East Amherst, New York. He is the author of the free e-book Essays on American Empire. |
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Posted: 9/23/2009 10:47:21 AM EST
[#15]
http://www.marketwatch.com/story/fed-holds-steady-extends-debt-buying-plan-2009-09-23
Fed extends debt-buying plan, leaves rates unchanged
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Posted: 9/23/2009 2:30:47 PM EST
[#16]
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Posted: 9/23/2009 2:37:59 PM EST
[#17]
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The IMF is ready to drop 14 Million oz on the market, this has the potential to bust the gold bubble which is sitting at a 136 year high. I would not buy any right now though. Thanks for the heads up. My general line of thinking for the near future is buy like crazy if it drops below $300, sell off some if it hits $1,250. YMMV, subject to change according to phases of the moon. I might be crazy, might just be me. Meh what do I know. Im sure there'll be enough fools to keep it going around and keep the price way inflated. Unfortunately I feel the same way about real estate, except that's being propped up by gov intervention, not only slimy brain-dead investors. Anyone else find it ironic that there is so much talk about this pending/potential Gold sale (about .31% of total gold supply*?) adversely affecting gold's price yet, despite the supply of USD$ being doubled, trebled, parabolic-expofuckingnentionaled,etc., 
these isn't much discussion about the USD's value?
* 14 million troy ounces = ~ 435 tonnes & the total above ground gold supply = ~ 140,000 tonnes. |
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Posted: 9/23/2009 2:47:29 PM EST
[#18]
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When we look back, we will see this will have been the best time to buy a home (in most areas) to live in, this century. I call BS! In 2010 when we are in a major depression is the time to buy a house and property. If there is no depression by 2010, then it will definately be by 2015. If no depression happens byu then, wait iuntil the greatest depression which will hit by 2021. |
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Posted: 9/23/2009 4:20:17 PM EST
[#19]
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When we look back, we will see this will have been the best time to buy a home (in most areas) to live in, this century. I call BS! In 2010 when we are in a major depression is the time to buy a house and property. If there is no depression by 2010, then it will definately be by 2015. If no depression happens byu then, wait iuntil the greatest depression which will hit by 2021. Wow. The best time to buy a house is when you can buy it. The worst time to buy a house is when you have a bank buy it, and you pay rent for 30 years to own it. If a person must use this option, they should mortgage the least expensive house they can live with. We really need to separate the real home owners and buyers, from the fake ones. |
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Posted: 9/23/2009 4:23:59 PM EST
[#20]
Quoted: +1The best time to buy a house is when you can buy it. The worst time to buy a house is when you have a bank buy it, and you pay rent for 30 years to own it. If a person must use this option, they should mortgage the least expensive house they can live with. We really need to separate the real home owners and buyers, from the fake ones. |
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Posted: 9/23/2009 4:52:39 PM EST
[#21]
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+1
The best time to buy a house is when you can buy it. The worst time to buy a house is when you have a bank buy it, and you pay rent for 30 years to own it. If a person must use this option, they should mortgage the least expensive house they can live with. We really need to separate the real home owners and buyers, from the fake ones. Yeah,...well thanks. The illusion of bank loans for so-called owners needs to be killed...crushed! Millions of people believe they own their car and house when in reality, the bank owns it. When they take out a loan for their house or car, they BELIEVE they own it. It's an illusion. |
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Posted: 9/23/2009 4:59:00 PM EST
[#22]
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+1
The best time to buy a house is when you can buy it. The worst time to buy a house is when you have a bank buy it, and you pay rent for 30 years to own it. If a person must use this option, they should mortgage the least expensive house they can live with. We really need to separate the real home owners and buyers, from the fake ones. Yeah,...well thanks. The illusion of bank loans for so-called owners needs to be killed...crushed! Millions of people believe they own their car and house when in reality, the bank owns it. When they take out a loan for their house or car, they BELIEVE they own it. It's an illusion. I'm still buying my car. I'm very, very happy it is my only source of debt. |
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Posted: 9/23/2009 5:23:31 PM EST
[#23]
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I'm still buying my car. That statement is as honest as the rising sun tomorrow. 
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Posted: 9/23/2009 5:25:16 PM EST
[#24]
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Except gold and silver.Quoted:
If you think the pre-recession housing market was not a bubble, then get busy flipping houses. Let us know how that works out for you. Yep. According to the 'paper bugs' out there, EVERYTHING is a buying opportunity, today, right now. Especially, if debt is used to do it. All the items already over-bought with the credit bubble. Hmmm. No fuckin' thanks.
Actually, GOLD and SILVER are going much, much higher and we will look back at these prices and wish we traded in the house for all we could get... |
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Posted: 9/23/2009 5:29:05 PM EST
[#25]
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Can't read? SOME Yes, some markets will take till then to get back to their huge bubble levels. Most, the VAST majority will not need that long. When we look back, we will see this will have been the best time to buy a home (in most areas) to live in, this century. LOL this century. Real Estate has been overpriced this ENTIRE CENTURY, INCLUDING NOW. |
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Posted: 9/23/2009 5:37:27 PM EST
[#26]
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Can't read? SOME Yes, some markets will take till then to get back to their huge bubble levels. Most, the VAST majority will not need that long. When we look back, we will see this will have been the best time to buy a home (in most areas) to live in, this century. LOL this century. Real Estate has been overpriced this ENTIRE CENTURY, INCLUDING NOW. 
The really ideal time to buy would have been at the top of that parabolic curve!! 
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Posted: 9/23/2009 5:42:36 PM EST
[#27]
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+1
The best time to buy a house is when you can buy it. The worst time to buy a house is when you have a bank buy it, and you pay rent for 30 years to own it. If a person must use this option, they should mortgage the least expensive house they can live with. We really need to separate the real home owners and buyers, from the fake ones. Yeah,...well thanks. The illusion of bank loans for so-called owners needs to be killed...crushed! Millions of people believe they own their car and house when in reality, the bank owns it. When they take out a loan for their house or car, they BELIEVE they own it. It's an illusion.
Amen and AMEN to that. Preaching to the choir here. The "Illussion of Ownership" is a relatively modern phenomenon, and it is so subtly and deeply entrenched in modern culture that few understand it as the cancer that it is. Our language itself is insidiously contorted to obscure the ugly reality of what people do to themselves. Borrowers no longer "indebt" themselves. No, no –– banks graciously "extend credit" to them. Sounds like some kind of freaking awards ceremony. OldSpeak: Debt Chattel Owing Beholden Blistered (an old Southern term I grew up hearing, which means that a piece of land or chattel has a lien against it) Insolvent NewSpeak: Credit Collateral Negative Equity Cash Flow Enhanced Financing Illiquid Archaic, Seldom Heard Expressions: Free and Clear Lock, Stock, and Barrel, Clear Title Outright Solvent |
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Posted: 9/23/2009 6:01:02 PM EST
[#28]
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<snip> Our language itself is insidiously contorted to obscure the ugly reality of what people do to themselves. Borrowers no longer "indebt" themselves. No, no –– banks graciously "extend credit" to them. Sounds like some kind of freaking awards ceremony. <snip> Much like our county delighting in "Selling Bonds". ... as if they're selling land - " It's free money ! " 
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Posted: 9/23/2009 6:24:53 PM EST
[#29]
Tag for later. Love this thread! Good info here!
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Posted: 9/23/2009 6:56:08 PM EST
[#30]
Well, my house and car are not free-n-clear. But these are......
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Posted: 9/23/2009 7:25:30 PM EST
[#31]
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Well, my house and car are not free-n-clear. But these are......
http://img.photobucket.com/albums/v488/mr_joshua/DSCN4782.jpg Now DAT'S an investment that will hold it's value! 
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Posted: 9/23/2009 7:52:05 PM EST
[#32]
Did any of y'all read this, essentially it's saying that the Fed has been intentionally suppressing the price of gold since 2001. It makes you wonder given that gold prices have essentially trebled in that time period, just what an ounce of gold would be worth today without this intervention/manipulation/fakery. I have had my suspicions given the way gold has been acting, running up to a thousand and then coming back down. At this stage we are still not even half way to adjusted price levels for gold as those reached in 1980, when things were arguably better for us economically with regard to upside economic potential. |
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Posted: 9/23/2009 8:34:55 PM EST
[#33]
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When we look back, we will see this will have been the best time to buy a home (in most areas) to live in, this century. I call BS! In 2010 when we are in a major depression is the time to buy a house and property. If there is no depression by 2010, then it will definately be by 2015. If no depression happens byu then, wait iuntil the greatest depression which will hit by 2021. It's ludicrous on its face, a decade ago home prices were half what they are today and median incomes were almost exactly the same, and we had a booming stock market and another 700 basis points of headroom on short rates. Housing isn't going to recover until wages do. Stocks can rally on old money and strong hands, housing is dependent on average joe. There's a buying opportunity coming all right, but it isn't here yet, at least where I live. I hear stories about houses selling really cheap in some places though so I suppose it's possible there are distressed markets where the bottom is close, but towns DIE in depressions, inflationary or deflationary doesn't matter. If the local industry is out of business the process of community decline can take a while, some places won't recover for decades, or at all. I understand the impulse, expecting inflation in the future and wanting to leverage hard assets, but it's early for RE. Those of us who still have capital and an excellent credit rating will see the opportunity when it arrives, the housing market isn't going to turn on a dime. There'll likely be plenty of time. |
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Posted: 9/24/2009 12:34:10 AM EST
[#34]
Quoted:
Did any of y'all read this, essentially it's saying that the Fed has been intentionally suppressing the price of gold since 2001. It makes you wonder given that gold prices have essentially trebled in that time period, just what an ounce of gold would be worth today without this intervention/manipulation/fakery. I have had my suspicions given the way gold has been acting, running up to a thousand and then coming back down. At this stage we are still not even half way to adjusted price levels for gold as those reached in 1980, when things were arguably better for us economically with regard to upside economic potential. Yes, yes. Now put all the pieces together. There's noting left of a free market here, only sheep being milked for as much as possible. ======================================================================= 150 years ago, my ancestors came here looking for a better place. For freedom. For a chance. A chance to own land. To make a future. They arrived in New York City from Prussia. Poor people. Farmers and laborers. They worked the railroad west, as the tell goes, and settled down in the midwest. Over time and generations, they accumulated little. What little they did accumulate was slowly eroded by taxes and family fractures. Recent events have finally fractured the family completely, and now I stand alone with my wife and children. I look at where the country is now, and where I am now, and I see a great divergence. I've fought hard to try to keep things on what I thought was the right track. Speaking out. Writing my Congressmen. Writing YOUR Congressmen. Writing here, and on other forums. As a result, I found myself spending more time deflecting arrows and barbs than getting the word out, until all I was doing was deflecting the arrows and barbs and the word was lost. I love what America was. I really bought in to the old vision of living the American dream. I wanted it, and I'm proud to say so, despite being sold a bill of goods. The dream seemed attainable - for a while. Reality though, reality. I'm not a racist. I'm not an extremist. I'm not a socialist (I'm still not sure where the fuck that came from), a nazi, or any other of the many labels that have been applied to me. I'm tired of fighting it. Burned out. Literally sickened by what is happening to America. And by speaking out about it, I get these labels. I'm hated for wanting to preserve my chance for the American dream - something I worked for, not sat back and waited for it to fall in my lap or be unjustly rewarded for some travesty my ancestors suffered. So I have cast my eyes forward, as my ancestors did so long ago, to look for a better place. And I have a glimmer of hope. Ex pat With laws like "the Patriot Act" on the books, I find the label appropriate. |
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Posted: 9/24/2009 1:28:01 AM EST
[#35]
Quoted:
Quoted:
Quoted:
Except gold and silver.Quoted:
If you think the pre-recession housing market was not a bubble, then get busy flipping houses. Let us know how that works out for you. Yep. According to the 'paper bugs' out there, EVERYTHING is a buying opportunity, today, right now. Especially, if debt is used to do it. All the items already over-bought with the credit bubble. Hmmm. No fuckin' thanks.
Actually, GOLD and SILVER are going much, much higher and we will look back at these prices and wish we traded in the house for all we could get... That's where I would go right now.........and move
Max the cards and default.......... 
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Posted: 9/24/2009 1:50:09 AM EST
[#36]
Where I see THEIR present stage of THEIR game.........
In the next 6 weeks: 1) We have a danger of "Islamic extremists" doing a bombing (I think this will be blamed on Iran and that game will begin, the start of WWIII) Further, there will be evidence AFTER THE FACT, that these people are controled......... ANOTHER false flag attack, referrence the PENAC document. 2) We have the threat of pandemic and forced (at gunpoint) innoculations. (The new vaccines are more toxic than ever before, containing an "adjuvant", or booster, that causes Lupis and still contain mercury). There is convincing evidence that the flu of 4 months ago came from a lab. 3) The banks will continue to fail at an alarming rate (Congress is gauranteeing the FDIC 200 bil throught end of year, 500bil for next year, WHY?) Amero dolars are already in larger banks. 4) The stock market will likely collapse Call this your "conspiracy nut" update if you wish. We live in interesting times, indeed. You ain't seen bad yet, but it's coming. Are you ready? I'm not. But I'm doing more every day to be ready. On another note, G21 handy all the time, AR close by. BOL 70 miles away and I'm there 3 days/week. Bow season has started I'm going to see if I can squeeze some of them into quart jars........ |
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Posted: 9/24/2009 2:06:24 AM EST
[#37]
Quoted: That was sarcasm........Quoted: Quoted: Except gold and silver.Quoted: If you think the pre-recession housing market was not a bubble, then get busy flipping houses. Let us know how that works out for you. Yep. According to the 'paper bugs' out there, EVERYTHING is a buying opportunity, today, right now. Especially, if debt is used to do it. All the items already over-bought with the credit bubble. Hmmm. No fuckin' thanks. Actually, GOLD and SILVER are going much, much higher and we will look back at these prices and wish we traded in the house for all we could get... |
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Posted: 9/24/2009 2:09:47 AM EST
[#38]
Quoted:
Where I see THEIR present stage of THEIR game......... In the next 6 weeks: 1) We have a danger of "Islamic extremists" doing a bombing (I think this will be blamed on Iran and that game will begin, the start of WWIII) Further, there will be evidence AFTER THE FACT, that these people are controled......... ANOTHER false flag attack, referrence the PENAC document. 2) We have the threat of pandemic and forced (at gunpoint) innoculations. (The new vaccines are more toxic than ever before, containing an "adjuvant", or booster, that causes Lupis and still contain mercury). There is convincing evidence that the flu of 4 months ago came from a lab. 3) The banks will continue to fail at an alarming rate (Congress is gauranteeing the FDIC 200 bil throught end of year, 500bil for next year, WHY?) Amero dolars are already in larger banks. 4) The stock market will likely collapse Call this your "conspiracy nut" update if you wish. We live in interesting times, indeed. You ain't seen bad yet, but it's coming. Are you ready? I'm not. But I'm doing more every day to be ready. On another note, G21 handy all the time, AR close by. BOL 70 miles away and I'm there 3 days/week. Bow season has started I'm going to see if I can squeeze some of them into quart jars........ Nov 5th. |
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Posted: 9/24/2009 2:35:12 AM EST
[#39]
What I wouldn't give to have had a couple decade head start on things.
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Posted: 9/24/2009 3:06:55 AM EST
[#40]
Quoted:
Where I see THEIR present stage of THEIR game......... In the next 6 weeks: 1) We have a danger of "Islamic extremists" doing a bombing (I think this will be blamed on Iran and that game will begin, the start of WWIII) Further, there will be evidence AFTER THE FACT, that these people are controled......... ANOTHER false flag attack, referrence the PENAC document. 2) We have the threat of pandemic and forced (at gunpoint) innoculations. (The new vaccines are more toxic than ever before, containing an "adjuvant", or booster, that causes Lupis and still contain mercury). There is convincing evidence that the flu of 4 months ago came from a lab. 3) The banks will continue to fail at an alarming rate (Congress is gauranteeing the FDIC 200 bil throught end of year, 500bil for next year, WHY?) Amero dolars are already in larger banks. 4) The stock market will likely collapse Call this your "conspiracy nut" update if you wish. We live in interesting times, indeed. You ain't seen bad yet, but it's coming. Are you ready? I'm not. But I'm doing more every day to be ready. On another note, G21 handy all the time, AR close by. BOL 70 miles away and I'm there 3 days/week. Bow season has started I'm going to see if I can squeeze some of them into quart jars........ Citations for 1 through 4, please. I'm not calling you a liar... but neither am I going to take your word on face value. |
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Posted: 9/24/2009 3:21:30 AM EST
[#41]
http://news.yahoo.com/s/afp/financeeconomyg20forexuschina
You know, 2-3 years ago when people were saying that there was a conspiracy to destroy the dollar to replace it with something else, I thought that was absurd. Now look. The dollar is destroyed, or getting there. We may have a world currency. The implications of such a change will do irreparable harm to this nation. |
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Posted: 9/24/2009 3:32:34 AM EST
[#42]
[span style='font-weight: bold;']Snip........
Nov 5th. [/quote] What's the significance of this date? (Sorry, I get lost as hell on these threads.....) |
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Posted: 9/24/2009 3:33:40 AM EST
[#43]
Quoted: Snip........ [span style='color: red;']Nov 5th. What's the significance of this date? (Sorry, I get lost as hell on these threads.....)[/quote] It is when the American economy as we know it, ceases to exist. |
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Posted: 9/24/2009 3:57:19 AM EST
[#44]
Quoted:
http://news.yahoo.com/s/afp/financeeconomyg20forexuschina You know, 2-3 years ago when people were saying that there was a conspiracy to destroy the dollar to replace it with something else, I thought that was absurd. Now look. The dollar is destroyed, or getting there. We may have a world currency. The implications of such a change will do irreparable harm to this nation. http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/6211858/HSBC-bids-farewell-to-dollar-supremacy.html Dont worry. I read on here that it will never happen. The Dollar is almighty and reigns supreme. Its unsinkable. No way it can be sunk. |
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Posted: 9/24/2009 5:13:04 AM EST
[#45]
Quoted:
Quoted:
Where I see THEIR present stage of THEIR game......... In the next 6 weeks: 1) We have a danger of "Islamic extremists" doing a bombing (I think this will be blamed on Iran and that game will begin, the start of WWIII) Further, there will be evidence AFTER THE FACT, that these people are controled......... ANOTHER false flag attack, referrence the PENAC document. 2) We have the threat of pandemic and forced (at gunpoint) innoculations. (The new vaccines are more toxic than ever before, containing an "adjuvant", or booster, that causes Lupis and still contain mercury). There is convincing evidence that the flu of 4 months ago came from a lab. 3) The banks will continue to fail at an alarming rate (Congress is gauranteeing the FDIC 200 bil throught end of year, 500bil for next year, WHY?) Amero dolars are already in larger banks. 4) The stock market will likely collapse Call this your "conspiracy nut" update if you wish. We live in interesting times, indeed. You ain't seen bad yet, but it's coming. Are you ready? I'm not. But I'm doing more every day to be ready. On another note, G21 handy all the time, AR close by. BOL 70 miles away and I'm there 3 days/week. Bow season has started I'm going to see if I can squeeze some of them into quart jars........ Citations for 1 through 4, please. I'm not calling you a liar... but neither am I going to take your word on face value. Good call. He's cited the Bilderbergs before. |
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Posted: 9/24/2009 7:11:29 AM EST
[#46]
Quoted: Quoted: Did any of y'all read this, essentially it's saying that the Fed has been intentionally suppressing the price of gold since 2001. It makes you wonder given that gold prices have essentially trebled in that time period, just what an ounce of gold would be worth today without this intervention/manipulation/fakery. I have had my suspicions given the way gold has been acting, running up to a thousand and then coming back down. At this stage we are still not even half way to adjusted price levels for gold as those reached in 1980, when things were arguably better for us economically with regard to upside economic potential. Yes, yes. Now put all the pieces together. There's noting left of a free market here, only sheep being milked for as much as possible. ======================================================================= 150 years ago, my ancestors came here looking for a better place. For freedom. For a chance. A chance to own land. To make a future. They arrived in New York City from Prussia. Poor people. Farmers and laborers. They worked the railroad west, as the tell goes, and settled down in the midwest. Over time and generations, they accumulated little. What little they did accumulate was slowly eroded by taxes and family fractures. Recent events have finally fractured the family completely, and now I stand alone with my wife and children. I look at where the country is now, and where I am now, and I see a great divergence. I've fought hard to try to keep things on what I thought was the right track. Speaking out. Writing my Congressmen. Writing YOUR Congressmen. Writing here, and on other forums. As a result, I found myself spending more time deflecting arrows and barbs than getting the word out, until all I was doing was deflecting the arrows and barbs and the word was lost. I love what America was. I really bought in to the old vision of living the American dream. I wanted it, and I'm proud to say so, despite being sold a bill of goods. The dream seemed attainable - for a while. Reality though, reality. I'm not a racist. I'm not an extremist. I'm not a socialist (I'm still not sure where the fuck that came from), a nazi, or any other of the many labels that have been applied to me. I'm tired of fighting it. Burned out. Literally sickened by what is happening to America. And by speaking out about it, I get these labels. I'm hated for wanting to preserve my chance for the American dream - something I worked for, not sat back and waited for it to fall in my lap or be unjustly rewarded for some travesty my ancestors suffered. So I have cast my eyes forward, as my ancestors did so long ago, to look for a better place. And I have a glimmer of hope. Ex pat With laws like "the Patriot Act" on the books, I find the label appropriate. Excellent post and understanding. I relate to much of it. Growing up listening to my father & grandfather identify the tiny daggers, as they sliced away at our liberties, it was hard not to think they must be bitter or otherwise paranoid for whatever reasons. Fast forward to today, and it's evident they are/were smarter men than I, or at least far more awake and aware of the risks they were describing to me. They warned of the unsustainability and of the loss of freedoms. They were spot on. Today there were two stories on the newsradio this morning that magnified their visions; One was on what kind of public Christmas displays will be legal this year, and the other was on how smokers at the local college will now be forced to their vehicles from now on, when they want to have a cigarette. No matter how you feel about religion or second hand smoke, it's evident that the lunatics are running the asylum. One of my favorite quotes has always been; "Don't let what you cannot do, interfere with what you CAN do!", (John Wooden). But my country is guilty of the exact opposite at unprecedented levels, at every level, and it pisses me off. Back on topic; I think this gold story will get a lot bigger. Always follow the money, and ignore the politics. One is in charge, and the other is a mere distraction. (IMHO, of course) |
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Posted: 9/24/2009 7:30:40 AM EST
[#47]
Quoted:
Quoted:
Snip........
[span style='color: red;']Nov 5th. What's the significance of this date? (Sorry, I get lost as hell on these threads.....) It is when the American economy as we know it, ceases to exist. Remember, remember the 5th of November.... |
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Posted: 9/24/2009 7:37:53 AM EST
[#48]
Quoted:
Quoted:
Snip........
[span style='color: red;']Nov 5th. What's the significance of this date? (Sorry, I get lost as hell on these threads.....) It is when the American economy as we know it, ceases to exist.[/quote] Dayum.... I didn't think it was coming so soon.... I was hoping for another full hunting season before it hits. Nothing for me to do in February, can we put it off till then?? 
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Posted: 9/24/2009 7:53:47 AM EST
[#49]
Quoted: http://news.yahoo.com/s/afp/financeeconomyg20forexuschina You know, 2-3 years ago when people were saying that there was a conspiracy to destroy the dollar to replace it with something else, I thought that was absurd. Now look. The dollar is destroyed, or getting there. We may have a world currency. The implications of such a change will do irreparable harm to this nation. I keep hearing about the dollar destruction. What is everyone comparing the dollar vs just gold or other currency? I only track US vs Canadian dollar and have for about 15 years now. Right now we are on the + side vs the Canadian dollar. USDA VS CAN $ is in line with history of going up and down and it has been much worse historically than it is now. |
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Posted: 9/24/2009 8:52:23 AM EST
[#50]
Quoted:
Quoted:
http://news.yahoo.com/s/afp/financeeconomyg20forexuschina You know, 2-3 years ago when people were saying that there was a conspiracy to destroy the dollar to replace it with something else, I thought that was absurd. Now look. The dollar is destroyed, or getting there. We may have a world currency. The implications of such a change will do irreparable harm to this nation. I keep hearing about the dollar destruction. What is everyone comparing the dollar vs just gold or other currency? I only track US vs Canadian dollar and have for about 15 years now. Right now we are on the + side vs the Canadian dollar. USDA VS CAN $ is in line with history of going up and down and it has been much worse historically than it is now. Read the HSBC article. That's just one of the symptoms. |
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