[quote]Christine wrote:
snipeout wrote:
tribunaldude wrote:
I predict 7800 will fall today…what fun!
I predict you will be very wrong…
Ends at 8,835.
I’d say he was very wrong.
Oh… he meant to type that prediction tomorrow?[/quote]
Or the day after, or whatever day the dow hits 7800. I wonder if this guy is related to justthefacts.
We tend to project our reasoning on to others and then expect them to act accordingly. This is not the way it works.
Become aware of facts THEN wait for others to come to the realization of those facts.
We will have a deep recession, or perhaps even a depression. Once most people come to accept that fact, then what TD predicts is actually, IMHO, a pretty likely thing. But it requires that more people accept the depression as fact before we get outright collapse. This will be after Obama’s ascendancy and realization that he can’t fix anything.
Look at his vetting process for people who want to work in the White House. He’s already exposing himself as a hypocrit and idiot.
[quote]Headhunter wrote:
We tend to project our reasoning on to others and then expect them to act accordingly. This is not the way it works.
Become aware of facts THEN wait for others to come to the realization of those facts.
We will have a deep recession, or perhaps even a depression. Once most people come to accept that fact, then what TD predicts is actually, IMHO, a pretty likely thing.
But it requires that more people accept the depression as fact before we get outright collapse. This will be after Obama’s ascendancy and realization that he can’t fix anything.
Look at his vetting process for people who want to work in the White House. He’s already exposing himself as a hypocrit and idiot.[/quote]
DOOM AND GLOOM DOOM AND GLOOM, just end it all now. You sound like Jimmy fucking Carter.
The G-20 meeting is Saturday and its all about the money. Unfortunately I agree this is a head fake with the markets. It’s going to go a lot lower and I would not be surprised to see the markets close at some point for a day or two like Russia did back in September.
[quote]snipeout wrote:
Headhunter wrote:
We tend to project our reasoning on to others and then expect them to act accordingly. This is not the way it works.
Become aware of facts THEN wait for others to come to the realization of those facts.
We will have a deep recession, or perhaps even a depression. Once most people come to accept that fact, then what TD predicts is actually, IMHO, a pretty likely thing.
But it requires that more people accept the depression as fact before we get outright collapse. This will be after Obama’s ascendancy and realization that he can’t fix anything.
Look at his vetting process for people who want to work in the White House. He’s already exposing himself as a hypocrit and idiot.
DOOM AND GLOOM DOOM AND GLOOM, just end it all now. You sound like Jimmy fucking Carter.[/quote]
“I always anticipate the worst. Then, if it doesn’t happen, I am pleasantly surprised.”
— Benjamin Franklin
[quote]Headhunter wrote:
“I always anticipate the worst. Then, if it doesn’t happen, I am pleasantly surprised.”
— Benjamin Franklin
[/quote]
Anticipating the worst and fear mongering are hardly comparable actions.
Trubunaldipshit is a fear monger. You do your fair share of it, and now we have the newest member of the tin-foil hat brigade jumping on board.
You are actually defending TD’s “predictions” of bank holidays, the total collapse of the dollar, martial law, and utter chaos?
You do realize that if the dollar crumbles like you and TB say there will be no place that is safe to invest, right?
Gold will be just as worthless as any fiat currency because food, clothing, and shelter will be the the only thing on the vast majority of the peoples’ mind.
The new hot commodity will be lead, gun powder and reloading equipment.
[quote]rainjack wrote:
Headhunter wrote:
“I always anticipate the worst. Then, if it doesn’t happen, I am pleasantly surprised.”
— Benjamin Franklin
Anticipating the worst and fear mongering are hardly comparable actions.
Trubunaldipshit is a fear monger. You do your fair share of it, and now we have the newest member of the tin-foil hat brigade jumping on board.
You are actually defending TD’s “predictions” of bank holidays, the total collapse of the dollar, martial law, and utter chaos?
You do realize that if the dollar crumbles like you and TB say there will be no place that is safe to invest, right?
Gold will be just as worthless as any fiat currency because food, clothing, and shelter will be the the only thing on the vast majority of the peoples’ mind.
The new hot commodity will be lead, gun powder and reloading equipment.
[/quote]
Exactly.I don’t understand the hard on for gold,because it really isn’t going to be worth anything.In intrinsic terms its a valueless commodity,it only has any value whatsoever within the construct of a working economic infrastructure.
If there is no working economy,gold is just another useless,hard to extract metal.
[quote]Neuromancer wrote:
rainjack wrote:
Headhunter wrote:
“I always anticipate the worst. Then, if it doesn’t happen, I am pleasantly surprised.”
— Benjamin Franklin
Anticipating the worst and fear mongering are hardly comparable actions.
Trubunaldipshit is a fear monger. You do your fair share of it, and now we have the newest member of the tin-foil hat brigade jumping on board.
You are actually defending TD’s “predictions” of bank holidays, the total collapse of the dollar, martial law, and utter chaos?
You do realize that if the dollar crumbles like you and TB say there will be no place that is safe to invest, right?
Gold will be just as worthless as any fiat currency because food, clothing, and shelter will be the the only thing on the vast majority of the peoples’ mind.
The new hot commodity will be lead, gun powder and reloading equipment.
Exactly.I don’t understand the hard on for gold,because it really isn’t going to be worth anything.In intrinsic terms its a valueless commodity,it only has any value whatsoever within the construct of a working economic infrastructure.
If there is no working economy,gold is just another useless,hard to extract metal.[/quote]
… that is still in high demand all around the world so it can work as a currency long after the dollar is gone.
It comes down to this:
In who or what do you trust more, the integrity of the US government or people continuing to want bright, shiny expensive status symbols to decorate their trophy wives with?
I know how I will place my bet.
The whole argument that people should not want gold because it is intrinsically worthless is hilarious, especially when compared to green pieces of paper.
People want gold, they always wanted it, that gives it its value whatever people may think it should be worth “objectively”.
Well, too bad, value is not established that way.
[quote]rainjack wrote:
Headhunter wrote:
“I always anticipate the worst. Then, if it doesn’t happen, I am pleasantly surprised.”
— Benjamin Franklin
Anticipating the worst and fear mongering are hardly comparable actions.
Trubunaldipshit is a fear monger. You do your fair share of it, and now we have the newest member of the tin-foil hat brigade jumping on board.
You are actually defending TD’s “predictions” of bank holidays, the total collapse of the dollar, martial law, and utter chaos?
You do realize that if the dollar crumbles like you and TB say there will be no place that is safe to invest, right?
Gold will be just as worthless as any fiat currency because food, clothing, and shelter will be the the only thing on the vast majority of the peoples’ mind.
The new hot commodity will be lead, gun powder and reloading equipment.
[/quote]
I try not to fearmonger but be cognizant of facts. We’re in a really bad situation and all indicators point to it getting worse. Isn’t fearmongering when you create fear when there’s really nothing to fear?
In a world of total anarchy, yes, I agree about guns versus gold. I’m assuming that some sort of order will survive and that gold will have value. The point is that gold will always be worth something, maybe just a can of vegetables or a bowl of soup. But, in either case, I’ll probably be using a $100,000 bill as a napkin.
Sidenote: prices in Zimbabwe are doubling every 31 hours as we speak. Bet they wish they had some gold. Its not a world record though — Hungary, 1946, prices doubled every 16 hours. Bet they wished they’d had a few gold coins.
[quote]Headhunter wrote:
rainjack wrote:
Headhunter wrote:
“I always anticipate the worst. Then, if it doesn’t happen, I am pleasantly surprised.”
— Benjamin Franklin
Anticipating the worst and fear mongering are hardly comparable actions.
Trubunaldipshit is a fear monger. You do your fair share of it, and now we have the newest member of the tin-foil hat brigade jumping on board.
You are actually defending TD’s “predictions” of bank holidays, the total collapse of the dollar, martial law, and utter chaos?
You do realize that if the dollar crumbles like you and TB say there will be no place that is safe to invest, right?
Gold will be just as worthless as any fiat currency because food, clothing, and shelter will be the the only thing on the vast majority of the peoples’ mind.
The new hot commodity will be lead, gun powder and reloading equipment.
I try not to fearmonger but be cognizant of facts. We’re in a really bad situation and all indicators point to it getting worse. Isn’t fearmongering when you create fear when there’s really nothing to fear?
In a world of total anarchy, yes, I agree about guns versus gold. I’m assuming that some sort of order will survive and that gold will have value. The point is that gold will always be worth something, maybe just a can of vegetables or a bowl of soup. But, in either case, I’ll probably be using a $100,000 bill as a napkin.
Sidenote: prices in Zimbabwe are doubling every 31 hours as we speak. Bet they wish they had some gold. Its not a world record though — Hungary, 1946, prices doubled every 16 hours. Bet they wished they’d had a few gold coins.
[/quote]
Fear mongering is making rational fears worse than they need to be.
Yeah, things are bad. But this tribunal guy is playing on that to make things sound much worse than they are.
But, to your points on rapid inflation -
Inflation can occur with or without gold. We are no where near that point, nor will we ever be at that point.
But - assuming that we do have hyper-hyper-inflation, gold will be just as worthless as paper money. Peole will not care about shiny metals if they are naked, cold and starving.
[quote]orion wrote:
Neuromancer wrote:
rainjack wrote:
Headhunter wrote:
“I always anticipate the worst. Then, if it doesn’t happen, I am pleasantly surprised.”
— Benjamin Franklin
Anticipating the worst and fear mongering are hardly comparable actions.
Trubunaldipshit is a fear monger. You do your fair share of it, and now we have the newest member of the tin-foil hat brigade jumping on board.
You are actually defending TD’s “predictions” of bank holidays, the total collapse of the dollar, martial law, and utter chaos?
You do realize that if the dollar crumbles like you and TB say there will be no place that is safe to invest, right?
Gold will be just as worthless as any fiat currency because food, clothing, and shelter will be the the only thing on the vast majority of the peoples’ mind.
The new hot commodity will be lead, gun powder and reloading equipment.
Exactly.I don’t understand the hard on for gold,because it really isn’t going to be worth anything.In intrinsic terms its a valueless commodity,it only has any value whatsoever within the construct of a working economic infrastructure.
If there is no working economy,gold is just another useless,hard to extract metal.
… that is still in high demand all around the world so it can work as a currency long after the dollar is gone.
It comes down to this:
In who or what do you trust more, the integrity of the US government or people continuing to want bright, shiny expensive status symbols to decorate their trophy wives with?
I know how I will place my bet.
The whole argument that people should not want gold because it is intrinsically worthless is hilarious, especially when compared to green pieces of paper.
People want gold, they always wanted it, that gives it its value whatever people may think it should be worth “objectively”.
Well, too bad, value is not established that way.
[/quote]
Paper money is also intrinsically worthless,it is a tool,nothing more.
People want many things,so many things have a ‘value’.
That really does very little for the gold standard argument.
But on this one we can agree to disagree,and by all means continue to acquire and hoard gold.
Listen gramps, you’re set in your ways - with fresh powder for 'em ravenoo’ers and shit, and thats cute! really!
But NO one cares about the “poor starving people” in any case. They will be poor no matter what the condition of the economy, while the “haves” will be well-to-do no matter what the condition of the economy.
Little known secret: if you’re investing with a hedge fund manager, you’re not one of the “haves”. Not yet. The PSP (poor starving people) do not decide the price of gold, it is the rich folk who buy/sell and the speculators who control gold prices. The speculators control everything.
BTW visit this website (they control the show):
http://www.legatus.org/
And as long as the PSP “believe” in the value of gold, which they DO (even though it is essentially worthless in a depression) gold prices will keep climbing.
Precious metal assets ftw.
5 STARS!
Future Legatus member —>Neuromancer <— Sees the light and knows the roadmap!
[quote]Neuromancer wrote:
But on this one we can agree to disagree,and by all means continue to acquire and hoard gold.
[/quote]
[quote]Neuromancer wrote:
orion wrote:
Neuromancer wrote:
rainjack wrote:
Headhunter wrote:
“I always anticipate the worst. Then, if it doesn’t happen, I am pleasantly surprised.”
— Benjamin Franklin
Anticipating the worst and fear mongering are hardly comparable actions.
Trubunaldipshit is a fear monger. You do your fair share of it, and now we have the newest member of the tin-foil hat brigade jumping on board.
You are actually defending TD’s “predictions” of bank holidays, the total collapse of the dollar, martial law, and utter chaos?
You do realize that if the dollar crumbles like you and TB say there will be no place that is safe to invest, right?
Gold will be just as worthless as any fiat currency because food, clothing, and shelter will be the the only thing on the vast majority of the peoples’ mind.
The new hot commodity will be lead, gun powder and reloading equipment.
Exactly.I don’t understand the hard on for gold,because it really isn’t going to be worth anything.In intrinsic terms its a valueless commodity,it only has any value whatsoever within the construct of a working economic infrastructure.
If there is no working economy,gold is just another useless,hard to extract metal.
… that is still in high demand all around the world so it can work as a currency long after the dollar is gone.
It comes down to this:
In who or what do you trust more, the integrity of the US government or people continuing to want bright, shiny expensive status symbols to decorate their trophy wives with?
I know how I will place my bet.
The whole argument that people should not want gold because it is intrinsically worthless is hilarious, especially when compared to green pieces of paper.
People want gold, they always wanted it, that gives it its value whatever people may think it should be worth “objectively”.
Well, too bad, value is not established that way.
Paper money is also intrinsically worthless,it is a tool,nothing more.
People want many things,so many things have a ‘value’.
That really does very little for the gold standard argument.
But on this one we can agree to disagree,and by all means continue to acquire and hoard gold.
[/quote]
Ach, that is all too flip-floppy and girly man to me:
Admit that this is great or watch me channel my inner Arnold:
LOL…you have some interesting hobbies,my Austrian friend!
[quote]tribunaldude wrote:
Listen gramps, you’re set in your ways - with fresh powder for 'em ravenoo’ers and shit, and thats cute! really![/quote]
Says the college kid still typing from his mother’s basement.
Funny how the people who actually are successful are mocked by those who only know what they have been told.
There re doers, and there are talkers. You are a talker. And when pressed, you avoid answering simple questions. Quite the little e-warrior, aren’t you?
Your ignorance of the riches to be made from the poor starving people says more about your newbishness that you undoubtedly will ever understand.
Is this yet another “prediction”? Newsflash, sparky - if you are just now preaching the failure of the hedge fund managers - you are only about a month and a half late to the party. I guess you must have been absent that day in Fearmongering 101.
[quote]And as long as the PSP “believe” in the value of gold, which they DO (even though it is essentially worthless in a depression) gold prices will keep climbing.
[/quote]
Climbing? You do know how to check the prices of commodities, right? I’ll let you figure out on your own just how fucking stupid that statement is given the last 45 days.
[quote]rainjack wrote:
tribunaldude wrote:
Listen gramps, you’re set in your ways - with fresh powder for 'em ravenoo’ers and shit, and thats cute! really!
Says the college kid still typing from his mother’s basement. [/quote]
I resent that remark. I am typing this from MY OWN basement.
[quote]Funny how the people who actually are successful are mocked by those who only know what they have been told.
There re doers, and there are talkers. You are a talker. And when pressed, you avoid answering simple questions. Quite the little e-warrior, aren’t you? [/quote]
blushes I never thought you’d notice.
[quote]But NO one cares about the “poor starving people” in any case. They will be poor no matter what the condition of the economy, while the “haves” will be well-to-do no matter what the condition of the economy.
Your ignorance of the riches to be made from the poor starving people says more about your newbishness that you undoubtedly will ever understand.
Little known secret: if you’re investing with a hedge fund manager, you’re not one of the “haves”. Not yet. The PSP (poor starving people) do not decide the price of gold, it is the rich folk who buy/sell and the speculators who control gold prices. The speculators control everything.
Is this yet another “prediction”? Newsflash, sparky - if you are just now preaching the failure of the hedge fund managers - you are only about a month and a half late to the party. I guess you must have been absent that day in Fearmongering 101. [/quote]
well, that wasn;t my point. I meant that ANYONE who needs a hedge fund manager to invest his money isn’t cut out for amassing wealth. That hedge fund managers would fuck up was quite a surprise even to me when it all started.
[quote]And as long as the PSP “believe” in the value of gold, which they DO (even though it is essentially worthless in a depression) gold prices will keep climbing.
Climbing? You do know how to check the prices of commodities, right? I’ll let you figure out on your own just how fucking stupid that statement is given the last 45 days. [/quote]
Well, I mean in an averaged sense. Clearly every commodity has its ups and downs. you can’t ignore the OVERALL trend.
I’m not to sure but the price of gold was flat lined for a very long time until recently if I’m not mistaken. For years it hovered between 300-400 dollars an ounce, shot up to like 970 an ounce and is now around 750.
[quote]snipeout wrote:
Go away fear monger. Nothing you say has come true yet. No bank holiday, and I’m guessing martial law will not happen either. It would have been quite comical to have you on here the last few years to see every one of your tin foil hat prophecies not come to light.
On another note, anyone seen Lixy?[/quote]
Hahaha. This guy (the OP) is hilariously predictable.
Still waiting on that bank holiday.
http://www.boncherry.com/blog/2008/10/26/global-crisis-this-is-the-real-crisis/
Maybe Bernanke and Paulson will start printing up some billion dollar bills to give to the corporate elite and save some trees…lol