Search results

  1. D

    Tradesafe

    At the time, there were about 3-4 set-ups per day (some days more and some days less) with about half succeeding. I found that I did not have the time or patience to stare at my screen for hours at a time waiting for set-ups to occur and was not knowledgeable enough to automate it, so I do not...
  2. D

    Transcendental Meditation

    I took the TM course over 30 years ago and am certain it was much less than $100. I did not realize that it was still around. I practiced it daily for a couple of years and found it to be valuable. However, I did not like the mantra they gave me to chant silently. It was some Indian word and I...
  3. D

    CFTC's Chilton Sees 'Fraudulent Efforts' to Control Silver Prices

    Now the CFTC is finally admitting that there has been manipulation of the silver market. I find it interesting that when GATA was making these claims, they were dismissed as conspiracy theorists. It is also interesting now that no one seems to care. Maybe the gold to silver ratio will begin to...
  4. D

    US on the socialist path.

    That is no accident. One of the central themes of The Creature from Jekyll Island is that the world's ultra-wealthy elite are working on creating a socialist society where they control the masses for their own financial gain.
  5. D

    I am a deflationnist...

    Try to calm down. The caffeine may be getting to you. It's not like gold and silver can be created out of thin air. It requires a lot of work to get just a little, so the amount in circulation grows very slowly. Gold and silver are commodities and I would have no problem with a bascket...
  6. D

    I am a deflationnist...

    +1 Inflation and deflation are both equally bad and are the result of fiat (non-PM backed) currency. The current residential real estate market is a perfect example of deflation. Home prices are declining, which is bad for people with real estate debt because the declining price of their...
  7. D

    The Creature from Jekyll Island

    This is the key concept that I have come to understand by reading The Creature. The government should print its own money, not the Fed. However, if the government printed its own money, it would need to do so responsibly. If trillions of dollars were printed without anything like gold to back it...
  8. D

    The Creature from Jekyll Island

    I agree. I look forward to MG's comments more than anyone on economics, even though he does not seem to like any of this conspiracy stuff. Although I am still waiting for his promised opinion on the Money Masters video. However, my posted video about The Creature from Jekyll Island is shorter. I...
  9. D

    Nationwide French protest over right to retire at age 60

    I guess the French government officials who proposed the bill never took the class Negotiating 101.
  10. D

    Nationwide French protest over right to retire at age 60

    I knew about the PIIGS having financial trouble, but was not aware of the problems in France. I guess this is what happens when you cannot simply print money to solve your country's economic problems. Unfortunately, the French insistence upon retiring at age 60 will probably only lead to people...
  11. D

    The Creature from Jekyll Island

    According to the Creature from Jekyll Island, its primary function is really to ensure profits for bankers. Everything is done in the guise of protecting the public interest, but in the end, the banks and financial institutions get bailed out while the cost goes to the taxpayer. The massive...
  12. D

    The Creature from Jekyll Island

    I disagree. I doubt that the average person has an attention span of even 90 seconds. Nevertheless, for anyone who wants to understand how the Federal Reserve works and why economic events are unfolding as they are, this video is a great start. Edward Griffin states that the only solution...
  13. D

    Dick Bove says "banks could lose $80B", I say so what.

    I have read that once a person stops paying their mortgage, it can take a year or two to evict them from the home. This new "crisis" will almost certainly prolong the process even longer. How many people do you think are living in homes that are worth less than the mortgage balance, in addition...
  14. D

    The Creature from Jekyll Island

    I am about half-way through The Creature from Jekyll Island but decided to temporarily skip to the end. The book was initially published in 1994, but the author accurately predicted the current flawed economic system leading to a banking crisis and large federal bailouts. He goes on to predict...
  15. D

    U.S. Dollar Now Ripe For Catastrophic Devaluation

    As documented in The Creature from Jekyll Island, the value of every fiat currency (not backed by gold or silver) in history has eventually gone to zero. Whether the dollar eventually goes to zero is impossible to predict, but it almost certainly will decline substantially more in value. Gold...
  16. D

    U.S. Dollar Now Ripe For Catastrophic Devaluation

    So you're just sayin you're long USD? I'm just sayin....
  17. D

    U.S. Dollar Now Ripe For Catastrophic Devaluation

    Buy real assets such as precious metals and farmland, as well as real asset stocks, such as oil, agricultural and mining stocks.
  18. D

    U.S. Dollar Now Ripe For Catastrophic Devaluation

    The government is one step ahead of you. They put a provision in the (non) health care bill that requires a 1099 for any sale over $600. Therefore, they will know when you sell your PMs and will tax you on the capital gains. Too bad you cannot deduct the loss on your depreciating dollars. I...
  19. D

    U.S. Dollar Now Ripe For Catastrophic Devaluation

    That is what I thought until I read this article. The problem is that printing dollars is affecting the entire world. There is a global currency war underway and the rest of the world is not going to tolerate the Fed printing an endless supply of dollars. This article suggests that the rest of...
  20. D

    U.S. Dollar Now Ripe For Catastrophic Devaluation

    Housing Market Threatens Dollar: Remember Fannie Mae and Freddie Mac? You know, the mortgage agencies which hold $5 Trillion in sinking real estate securities? The companies that our Treasury has promised a never-ending bailout to? Well, they are back again. Fannie Mae has asked for yet another...
Back
Top