We know this to be true!! A stock market collapse and surge in gold is imminent....but do we act??

  • Posted by a hidden member.
    Log in to view his profile

    Oct 13, 2015 2:32 AM GMT
    Any of you ready? I have been doing some numbers and I do think
    something is going to HAPPEN!! not in a good way!! lol

    A stock market collapse and surge in gold is imminent
    by Egon von Greyerz
    10-Oct (24hGold) — At last we are here. It has been a long wait for gold and silver holders. For the wealth preservationists who have held gold/silver since the beginning of the 2000s, it has just been tedious since the highs in 2011. What has happened in the last four years in the world economy has confirmed the importance of capital preservation. But for precious metals investors who came in nearer the top, it has clearly been a nerve racking time.

    Whenever you invested in gold or silver won’t matter in the next few years. Because we are likely to very soon start the rise of the precious metals that in all likelihood will lead to new highs by 2016 or maybe even before.

    Since 2008 central banks, governments and commercial lenders have been competing in throwing cheap or free money at the world of an unprecedented magnitude. They have increased world debt in the last 7 years by almost 50% to nearer $ 220 trillion. So that is a fresh $ 70 trillion that has been created from nothing. No goods were produced, no services were provided against these $ 70 trillion. Money is supposed to be a medium of exchange and a store of value. It does act as a medium of exchange today but since governments are determined to mismanage the economy and to issue fresh money whenever they run out, it is the most useless medium of exchange imaginable.

    Just in the last 100 years since the creation of the Fed, all currencies in the world have lost 97-99% of their real purchasing power. Any cash saved for the last 100 years is today virtually worthless.

    That automatically deals with the point of money NOT being a store of value.

    Egon%20von%20Greyerz-A%20stock%20market%

    http://www.24hgold.com/english/news-gold-silver-a-stock-market-collapse-and-surge-in-gold-is-imminent.aspx?article=7589992038H11690&redirect=false&contributor=Egon+von+Greyerz&mk=1
  • tj85016

    Posts: 4123

    Oct 13, 2015 3:03 AM GMT
    oh, you've been doing some numbers eh? lool

    money has NEVER, EVER been a store of value, it's a medium of exchange - that's it
  • Posted by a hidden member.
    Log in to view his profile

    Oct 13, 2015 3:11 AM GMT
    tj85016 saidoh, you've been doing some numbers eh? lool

    money has NEVER, EVER been a store of value, it's a medium of exchange - that's it


    Yup......that's what I am saying....goodbye to the value and numbers. We will all burn when cash is worthless!
  • rnch

    Posts: 11524

    Oct 13, 2015 3:19 AM GMT
    icon_rolleyes.gif
  • MarvinMartian

    Posts: 128

    Oct 13, 2015 4:12 AM GMT
    Hogwash.
    You really are the most gullible person on this site.
    You fall for everything.
  • AMoonHawk

    Posts: 11406

    Oct 13, 2015 4:27 AM GMT
    Let it all collapse ... It'll be pretty hard for mega corporations to flourish if they are not paying people
  • Posted by a hidden member.
    Log in to view his profile

    Oct 13, 2015 4:39 AM GMT
    What are these "numbers" you've been ciphering? Please share your notes with us.
  • Posted by a hidden member.
    Log in to view his profile

    Oct 13, 2015 5:02 AM GMT
    MarvinMartian saidHogwash.
    You really are the most gullible person on this site.
    You fall for everything.


    lol

    really? hahah

    I think not.

    I like the "Forrest Gump way"....he might be gullible, but he came out rich! How about you? How have you come out? Tell me something successful that you have accomplished? I would love to know???
  • Posted by a hidden member.
    Log in to view his profile

    Oct 13, 2015 5:06 AM GMT
    Radd saidWhat are these "numbers" you've been ciphering? Please share your notes with us.



    How do we deal with the 18 trillion debt that this country has? Also, I find this web site very useful even truthful?? lol
    http://www.24hgold.com/english/news-gold-silver-a-stock-market-collapse-and-surge-in-gold-is-imminent.aspx?article=7589992038H11690&redirect=false&contributor=Egon+von+Greyerz&mk=1

    U.S. passes $18 trillion in debt, and nothing’s being done about it

    http://www.pbs.org/newshour/updates/u-s-passes-18-trillion-debt-nothings-done/
  • tj85016

    Posts: 4123

    Oct 13, 2015 1:19 PM GMT
    Radd saidWhat are these "numbers" you've been ciphering? Please share your notes with us.


    colbert-report-crunching-numbers-countin
  • Posted by a hidden member.
    Log in to view his profile

    Oct 13, 2015 5:30 PM GMT
    This is classic 2bnaked: Create the most inane thread title you can think of, followed by some self-justifying pap, then act all butt-hurt when people criticize you for it and, in very short order, run away.
  • Posted by a hidden member.
    Log in to view his profile

    Oct 13, 2015 9:19 PM GMT
    Ex_Mil8 saidThis is classic 2bnaked: Create the most inane thread title you can think of, followed by some self-justifying pap, then act all butt-hurt when people criticize you for it and, in very short order, run away.


    No, I am fine. Just sharing an idea. No need to get your panties in a wad. After all, my positions have paid off......what about you fool?

    FYI.....

    US debt ceiling alert: This time it's really scary


    http://www.msn.com/en-us/money/markets/us-debt-ceiling-alert-this-time-its-really-scary/ar-AAfpD7R?li=AA4Zjn
  • Posted by a hidden member.
    Log in to view his profile

    Oct 14, 2015 10:00 PM GMT
    Dollar falls after Beige Book, retail sales


    http://www.marketwatch.com/story/dollar-drops-against-yen-as-risk-off-mood-persists-2015-10-14
  • tj85016

    Posts: 4123

    Oct 14, 2015 11:49 PM GMT
    considering we're on the cusp of recession (Europe, Japan, Brazil and many EM countries already are in recession) and interest rates are at zero - it's going to get very interesting from here
  • Posted by a hidden member.
    Log in to view his profile

    Oct 14, 2015 11:58 PM GMT
    tj85016 saidconsidering we're on the cusp of recession (Europe, Japan, Brazil and many EM countries already are in recession) and interest rates are at zero - it's going to get very interesting from here


    Exactly!!

    Walmart: Their stock fell at its lowest point in 25 years today!! Big indicator something is up!!
  • tj85016

    Posts: 4123

    Oct 15, 2015 2:50 AM GMT
    something has been up for years, it's just been papered over with debt

    look at CAT global sales by region, they suck (CAT stock is a huge indicator)
  • rnch

    Posts: 11524

    Oct 15, 2015 4:13 AM GMT
    Ex_Mil8 saidThis is classic 2bnaked: Create the most inane thread title you can think of, followed by some self-justifying pap, then act all butt-hurt when people criticize you for it and, in very short order, run away.
  • Posted by a hidden member.
    Log in to view his profile

    Oct 15, 2015 5:26 AM GMT
    rnch said
    Ex_Mil8 saidThis is classic 2bnaked: Create the most inane thread title you can think of, followed by some self-justifying pap, then act all butt-hurt when people criticize you for it and, in very short order, run away.


    I didn't run away. I don't live in a fairy godmother's house like you know who. I am right he and been doing the math!! HELLO!!
  • Posted by a hidden member.
    Log in to view his profile

    Oct 15, 2015 2:58 PM GMT
    tj85016 saidsomething has been up for years, it's just been papered over with debt



    The statement above could have been made at any time during the entire history of human economic activity. Every financial transaction you have made or will ever make in your life is a part of this tangled mess of what we think of as a world economy. So learn to deal with it and leave your basement now and again.
  • tj85016

    Posts: 4123

    Oct 15, 2015 3:53 PM GMT
    HappyNomad said
    tj85016 saidsomething has been up for years, it's just been papered over with debt



    The statement above could have been made at any time during the entire history of human economic activity. Every financial transaction you have made or will ever make in your life is a part of this tangled mess of what we think of as a world economy. So learn to deal with it and leave your basement now and again.


    yeah until to get to the point of $20 trillion in current debt, $100 trillion in obligations, a debt/GDP ratio of 100% and a Fed balance sheet of $5 trillion, and interests rates already at zero as you enter recession

    that = game over

    so I suppose the next recession will have the Fed with an $8 trillion balance sheet, right? (it was $500 billion not too long ago)
  • Posted by a hidden member.
    Log in to view his profile

    Oct 15, 2015 8:40 PM GMT
    What a debt ceiling disaster could mean for you


    http://www.msn.com/en-us/money/news/what-a-debt-ceiling-disaster-could-mean-for-you/ar-AAfud3D?li=AA4Zjn
  • Posted by a hidden member.
    Log in to view his profile

    Oct 17, 2015 4:02 AM GMT
    Deciphering the Liquidity and Credit
    Crunch 2007–2008
    Markus K. Brunnermeier


    Interesting read below.....
    https://www.princeton.edu/~markus/research/papers/liquidity_credit_crunch.pdf


    Paper in the form of debt:

    fredgraph.png?g=1dI7

    And paper in the form of currency:

    fredgraph.png?g=2a7d


    Seven years after the bursting of a global credit bubble resulted in the worst financial crisis since the Great Depression, debt continues to grow. In fact, rather than reducing indebtedness, or deleveraging, all major economies today have higher levels of borrowing relative to GDP than they did in 2007. Global debt in these years has grown by $57 trillion . . . — McKinsey & Company

    It’s disturbing when you think that since the financial crisis — which was at its core a debt crisis — global debt has grown by a staggering $57 trillion. Global policy makers are attempting to paper-over a debt crisis with more debt.

    Treasury Secretary Lew advised this week that our debt ceiling will need to be raised by November 3, or the U.S. will face default. It assuredly will bfore raised and we will begin the inexorable march to wherever the next debt ceiling may be set.

    With each new dollar of debt, we move one step closer to the day of reckoning, where our economy can no longer support such a massive debt load. At that point, policymakers will have very few options

    Again, I ask???? How are YOU preparing for this? Do you care? Is eating dirt good enough? I guess, for some like EX_MIL who eat squirrels it's ok!!

    Have a nice weekend.....
    Wise up, get prepared and stock up on essentials. The least one can do.....
  • Posted by a hidden member.
    Log in to view his profile

    Oct 17, 2015 5:04 AM GMT
    2Bnaked said
    rnch said
    Ex_Mil8 saidThis is classic 2bnaked: Create the most inane thread title you can think of, followed by some self-justifying pap, then act all butt-hurt when people criticize you for it and, in very short order, run away.


    I didn't run away. I don't live in a fairy godmother's house like you know who. I am right he and been doing the mEth!! HELLO!!
    icon_surprised.gif
  • Posted by a hidden member.
    Log in to view his profile

    Oct 17, 2015 5:41 AM GMT
    Radd said
    2Bnaked said
    rnch said
    Ex_Mil8 saidThis is classic 2bnaked: Create the most inane thread title you can think of, followed by some self-justifying pap, then act all butt-hurt when people criticize you for it and, in very short order, run away.


    I didn't run away. I don't live in a fairy godmother's house like you know who. I am right he and been doing the mEth!! HELLO!!
    icon_surprised.gif


    I do not use drugs of any kind (not even tylenol) . Try not to be such a an ass. I don't accuse you of that. I mean you can rant on bullshit till the sun don't shine.

    I look at charts all day, maybe some pot would calm my nerves, I just say no!! lol

  • Posted by a hidden member.
    Log in to view his profile

    Oct 18, 2015 11:40 PM GMT
    2Bnaked said
    Radd said
    2Bnaked said
    rnch said
    Ex_Mil8 saidThis is classic 2bnaked: Create the most inane thread title you can think of, followed by some self-justifying pap, then act all butt-hurt when people criticize you for it and, in very short order, run away.


    I didn't run away. I don't live in a fairy godmother's house like you know who. I am right he and been doing the mEth!! HELLO!!
    icon_surprised.gif


    I do not use drugs of any kind (not even tylenol) . Try not to be such a an ass. I don't accuse you of that. I mean you can rant on bullshit till the sun don't shine.

    I look at charts all day, maybe some pot would calm my nerves, I just say no!! lol




    Oh good Lord. Take a joke. I don't actually think you do Meth. icon_rolleyes.gif

    No matter what all the others say.