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  1. peilthetraveler

    If U.S. is so confident about the economy...why we got so much gold reserves?

    Maybe i can sell that IOU to the chinese.
  2. peilthetraveler

    We have spent more money than even exists.

    Gold is real money. Dollars are not. In the history of the world, they estimate that 145,000 tonnes of gold have been pulled out of the ground. If gold is 1,000$ per ounce that means that all the gold that exists in the world is worth 4.6 Trillion dollars. We are in debt more than twice...
  3. peilthetraveler

    Taking the other side of the Jimmy Roger's REAL INFLATION Trade

    It was 1 thing to have treasuries at 15% in 1980 when the Deficit was 930 billion. Its quite another to have 18% treasuries when our deficit is 12.1 trillion and growing at breakneck speeds. I mean in normal times the deficit has grown about 100% or more every 10 years. The fact that we are...
  4. peilthetraveler

    If U.S. is so confident about the economy...why we got so much gold reserves?

    The US has just over 8,100 tonnes of gold reserves which is like 30% of the worlds reserves. So if the government is so sure about the economy, why we got so much gold? Another question...At what price would gold have to go to for us to get back on the gold standard. Would it have to go...
  5. peilthetraveler

    NG...how high can it go?

    I dont know about them. They are on the canadian exchange and all there mines are way out in the middle of nowhere. Could be another bre-x :P Although It would be nice to have that ride up like bre-x. 45 cents to 286 dollars to 3 cents. Now thats a ride!
  6. peilthetraveler

    NG...how high can it go?

    Correct me if im wrong but with that offer they didnt have all the extra proven reserves that they have today too. I think as gold keeps going higher, there might be a panic to buy mining companies also.
  7. peilthetraveler

    funemployment

    Incredibly silly if you ask me. Spend all your money on things like golf and traveling when we are in the greatest time, possibly of our lifetimes, to make the most money from the stock market/commodities/forex markets. I mean there couldnt be a bigger sign on the wall telling you what to do...
  8. peilthetraveler

    Why is it scarier to spend money when you have it, then when you dont?

    I hear so many people say that, but when its staring you straight in the face (death or poverty) it scares the shit out of everyone. For instance...if you ask most americans if they are scared of bin laden and his al-queda group, most will say "No, i'd kick his ass if i saw him" But if that...
  9. peilthetraveler

    $5 homes for Katrina "victims" courtesy of the US taxpaer

    How do those asian gangs act? You generally see them wearing baggy pants, bandanas and speaking like black people. Same way with white people in gangs. Most of the worst people in America love rap music, dress "gangsta" and have the manerisms of typical ghetto black people. If you take on...
  10. peilthetraveler

    Why is it scarier to spend money when you have it, then when you dont?

    Is a $30 bottle of a wine high quality? I thought thats a pretty normal price for decent wine.
  11. peilthetraveler

    Why is it scarier to spend money when you have it, then when you dont?

    This is an excellent point, but i think it goes deeper than that. I think its the whole "I want it now" attitude. People who want everything now, spend everything now. Its also the reason why poor people are more likely to be adicted to drugs. They want that high feeling now and do not want...
  12. peilthetraveler

    Why is it scarier to spend money when you have it, then when you dont?

    Sandybestdog, Wow, thats a great post. It brings me back memories of my first job at mcdonalds. (where i was making 4.40 per hour and happy that i was making 15 cents an hour more than min wage) When i worked in the drive thru, I could tell the poor people from the rich people( or even...
  13. peilthetraveler

    Business idea, modeled off the US government

    I have an idea to start a business in my town. My business is that I'm going to hire employees and their sole purpose is to spend money at other businesses. To fund this business, im going to go to other businesses and ask them to buy my bonds that i will issue. Then I will give the money...
  14. peilthetraveler

    $5 homes for Katrina "victims" courtesy of the US taxpaer

    Africa used to be prosperous when it was control by whites. Blacks were more civil and spoke with repect to each other and to white people. then slavery ended....
  15. peilthetraveler

    $5 homes for Katrina "victims" courtesy of the US taxpaer

    http://www.washingtonpost.com/wp-dyn/content/article/2009/06/02/AR2009060203897.html?g=0 Are they really katrina "victims"? I mean 5 years of free housing, cash cards, and whatever else. I think most of these people actually PROFITTED from the hurricane. So get out your...
  16. peilthetraveler

    "I Voted Democrat"..

    You give me my guns, my money, and my freedom and you keep your "change".
  17. peilthetraveler

    Why do we have the Senate and house of represenatives?

    Not really...i dont speak russian.
  18. peilthetraveler

    Why do we have the Senate and house of represenatives?

    Well now that i think about it...why do we need bills? Cant we just let the markets be free with out all this political interference?
  19. peilthetraveler

    Why do we have the Senate and house of represenatives?

    We dont need these people anymore. The senate and the house of representatives were establish 200 years ago when people could not haul there asses to Washinton DC to vote on stuff so we elected them to speak for us. We dont need that anymore. We can just put a bill on the internet and we cant...
  20. peilthetraveler

    Whats the opposite of a headfake called?

    A footfake? Anyway, thats what i think of this today. I think we may see a come back last hour.
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