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  1. peilthetraveler

    The 'Dollar Is Going to Crash' Crowd Are Oblivious...

    You see...nobody ever thinks it can happen to them. Especially americans. Look at the USSR. Did anyone see them collapsing (assumming not everyone in here is 18 years old and doesnt know what the USSR is) I mean look at how shocking 9/11 was. All that happened was 2 buildings and 4...
  2. peilthetraveler

    What will you do to protect yourself against the upcoming destruction of the dollar?

    you only need to store food up if you expect that you dont have a set of skills that someone else can use during the said "apocolyptic" time. Always remember that "he who has the gold makes the rules" That being said, "if" there was an apocolypse and the government vanished, their would be...
  3. peilthetraveler

    What will you do to protect yourself against the upcoming destruction of the dollar?

    These guys on CNBC said the same thing as you in 2006 when they were saying that housing was not going to crash, but go up 10%, and later that MER and WM and BSC was a buy and when the dow was at 13k we were past the worst of the credit crisis and the dow was going to 16k soon. <object...
  4. peilthetraveler

    What will you do to protect yourself against the upcoming destruction of the dollar?

    THATS A BET! You all heard it! 10oz of gold that the dollar will be worthless. But lets examine the word worthless....its two words put together...Worth and less. So as long as the dollar is "worth less" than it is today, i win that bet. I'll get my lawyers to draw up the contract...
  5. peilthetraveler

    What do you think is the true value of silver?

    I'm not talking in currency, but in its actual value. If the US dollar was destroyed overnight, what would be the value of silver in terms of labor? 60% of the world lives on 2 dollars per day, so one might say that a weeks worth of work (14 dollars) is worth 1 ounce of silver. But we...
  6. peilthetraveler

    What will you do to protect yourself against the upcoming destruction of the dollar?

    When i say worthless i mean like argentina worthless, or 1920s germany worthless. Its a REALLY LONG conversation on why i think its going to be worthless, so without going into too much detail i will just say it like this. Our monetary policy right now is that we have record low interest...
  7. peilthetraveler

    What will you do to protect yourself against the upcoming destruction of the dollar?

    I'm sure not all of you know this yet, but there are a few people in here who actually took economics 101 who understands that we will see a dramatic drop in the dollar by the end of summer and by this time next year, the dollar will be worthless. So i'm wondering what those people are...
  8. peilthetraveler

    Having Killed More Shorts Than WW II

    Thats nothing...DTG did a +1000% move in 2 months. THATS insane. Every single stock i owned did at least 100% in the last 2 months. (I say owned because I've sold everything i was long in.) I am now a bear for at least a few months.
  9. peilthetraveler

    I'm thinking about buying a house - should I do it?

    In CA, in addition to that federal 8,000, you can get 10,000 extra for buying a new home(and you dont have to be a first time homebuyer to get it) and they are talking about raising it soon to $30,000. But its limited funding on a first come first serve. They say all the money for that will be...
  10. peilthetraveler

    Prophecy

    In The Age of Insanity And it came to pass in the Age of Insanity that the people of the land called America , having lost their morals, their initiative, and their will to defend their liberties, chose as their Supreme Leader that person known as The One. He emerged from the vapors with a...
  11. peilthetraveler

    The high cost of poverty: Why the poor pay more

    Some of them are poor because they think luxuries are necessities. For instance...laundro-mats. They say they have to drag all their clothes to the laudro-mat and pay all that money to wash their clothes...HELLO! You gotta sink and a clothes line? Wash them by hand, dry them by air...
  12. peilthetraveler

    Dow to 6500 or lower by end of summer.

    Some of you may remember this chart, but i will post it anyway. http://www.gold-eagle.com/editorials_01/seymour062001.html Im going long the FAZ and buying Energy now. Heres Peter to tell you more. <object width="560" height="340"><param name="movie"...
  13. peilthetraveler

    Slum Lording

    Yeah cause that worked out so well for all those people that bought in 2005-2007, right? The real way to play the game is that you need to make money with your rentals every month and assume that housing prices will NEVER go up and rent will NEVER go up. If you want to play the...
  14. peilthetraveler

    How to deal with telemarketers.

    Thought you might like this. <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/J5z4Vs26-TI&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed...
  15. peilthetraveler

    Terrorist Muslims plan to attack U.S. with Anthrax and kill 300,000+

    Straight from the horses mouth. <embed src="http://www.tangle.com/flash/swf/flvplayer.swf" FlashVars="viewkey=0861ff3eabea1ceb73e4" wmode="transparent" quality="high" width="330" height="270" name="tangle" align="middle" allowScriptAccess="always" type="application/x-shockwave-flash"...
  16. peilthetraveler

    Obama supertax question

    yes, they will pass it down to consumers meaning consumers are FORCED to spend more, thereby increasing our GDP which gets us out of the recession. Just like the saying goes...the rich get richer and the poor get poorer.
  17. peilthetraveler

    GM is going to 150 bucks per share soon!

    Wow...so if thats true, then tommorrow GM should be trading at about 2 cents per share right? I mean if you are holding the stock tommorrow and you find out your are going to lose 99% of your money, that would trigger a sell off right?
  18. peilthetraveler

    GM is going to 150 bucks per share soon!

    Yep...they are planning a 1 for 100 reverse split. http://finance.yahoo.com/news/GM-plans-1for100-reverse-apf-15143150.html?sec=topStories&pos=4&asset=&ccode= It will be much easier now to push GM down . I'm hoping to buy 2010 70 puts at 5 cents. 100 bucks down returns $140,000 if they...
  19. peilthetraveler

    Is homosexuality a choice?

    its a subconscious choice, just like pedophiles, beastialophiles and all those other strange ones. It starts when they think about it one day, get curious, then more curious, then obsessed and before they know it, they are homosexual. thats why its a choice
  20. peilthetraveler

    Obama's changing the laws, you are now guilty until you prove yourself innocent!

    I was reading this about Obama closing tax loopholes http://news.yahoo.com/s/ap/20090504/ap_on_go_pr_wh/us_obama_taxes and i see this very interesting statement by him. "If financial institutions won't cooperate with us, we will assume that they are sheltering money in tax havens and...
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