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I do like the Jim Rogers interview the most. I think he puts it all a bit more into perspective. He basically says, "I dont know what's going to happen, but I'll be prepared for anything", meaning he's prepared for a recovery AND prepared for a REAL economic meltdown. And I do think that's key...

Ah, I forgot about Jim Rogers: Here's an interview a friend of mine did, when he met Jim Rogers at the Gym (he's on the hometrainer, that's why he's panting like hell, hehe) http://www.inveztor.nl/downloadattachment.php?id=GHNKo6yV24HRtLcbrhycd Anyway, as you can hear, he also states he...

Well, maybe foxnews suits you better then ? <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/46MEqEgdLTg&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed...

Exactly. As long as the US can print more, lend more and spend more and the rest of the world is fine with taking more of that for their goods and labour, then everything is going to be fine. Paulson needs another 700 billion to save the auto industry and some retailers ? Sure, just print it...

Hehe. Well, after watching some Peter Schiff, Jim Rogers and Gerald Celeste interviews, I could use a bull vision ;) So please, explain us why all this is trash, how these guys are wrong and why we're not to worry. Seriously.

Do yourself a favor and watch the first 2 minutes of the video I've just posted.

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Man ... it's scary how right Peter was ... about EVERYTHING ! I don't think I've ever seen something like this before. Every single prediction he made, EXACTLY happened like he predicted. This guy is a hero.

PR stunt ? These guys said back then they'd never make another album and they didn't. Not sure what good such a 'PR stunt' would bring them if they were not going to make any new tracks :)

Yep, they could have. But how many people do you know that have given their million to charity ? These guys are not 'better' or less 'selfish' than you or me, nor do they pretend to be. What's the difference between burning a million and buying a ferrari ? Isn't it pretty much the same ...

Remember 'KLF' ? They had some hits in the 90's and made a million pound with that. Then, they simply set it all to fire. I found this a very interesting interview and since it's kinda related to our business (we're all here to make those millions), I thought I'd post it here...

Sure. He says that the US is a service/consumption economy, based on spending and lending. He says there's no real production or saving in the US; that's all in Asia. He says that the US is built on debt and that the US has conned the world, by getting the world to give the US goods, in...

He did something stupid. Everybody does in the beginning, that doesn't make you a bad trader. Not learning from it and not correcting your behaviour though, does.

Well, I thought about this, but I figured, there would ALWAYS be an exchange rate for ANY currrency, simply because that currency can still buy you stuff in that country (and a country has ALWAYS stuff to sell, houses, land, whatever). But I guess under real hyperinflation, a currency devaluates...

After some googling, I found these 2 interesting links: http://www.washingtontimes.com/news/2006/jul/26/20060726-103040-2634r/ http://www.cato.org/pub_display.php?pub_id=3623

From: http://en.wikipedia.org/wiki/United_States_public_debt So how come, for example, Argentina went bankrupt in 2002 ? Or Iceland just did ? Like stated in the above, technically, since money isn't coupled to metals like gold anymore, a country can just print money in their currency and...

And I just found this movie: http://nl.youtube.com/watch?v=EN-z2BOgymE It says '... approving the bailout plan, pushing the US government's debt to more than 11 trillion dollars'. So indeed, the 700 billion just gets added to the total debt. But then I do wonder, where does the...

I found this interesting article: http://www.nytimes.com/2008/09/21/business/21qanda.html?em It says, indeed the taxpayer is going to cough it up. But how should I see that ? I guess the FED prints $700 billion, lends it to the government, the debt gets added to the total US debt and the...

That's what puzzles me too. I'm from the Netherlands. Gold is SOLD OUT here. Even if you want to cross the border: in germany gold is sold out too. Supposedly it should become available again next month, but it sure is weird ... Price is dropping but no way you can buy the physical stuff...

Iceland was the first. Which one is next up ? Some candidates: * South Korea: http://www.gmanews.tv/story/127773/South-Korea-braces-for-crisis-fallout * Pakistan: http://iht.com/articles/2008/10/18/asia/19zardari.php * Ukraine...