|
Quote:
Luckily the Dow Jones charts don't change from news source to news source. But go ahead and be afraid of the dollar collapsing based on a U.N. report whos department is headed, and controlled by, a Chinese born and bred diplomat, and former Chinese ambassador: Sha Zukang - He's also known as Chinas John Bolton. It kinda sucks that a Canadian news source would help propagate militant Chinas agenda against the U.S. but Canada is losing money too. Strange bedfellows. Well that's your education for the day. Back to work here :thumbsup http://shanghaiist.com/attachments/s...-relations.jpg |
Quote:
|
good thing I held on to some Euros when I was in Italy a few months back :thumbsup
|
Quote:
http://www.bloomberg.com/video/70183756/ |
Impending Collapse of the Gold Bubble
Here is a link to a pretty in-depth article concerning the price of gold for your enjoyment:
Click here for link. No Fear, Just Knowledge!:pimp |
Quote:
it kinda sucks that canadian news would report the news? the UN is a world body, and i don't see how your prejudice is relevant to an approved report issued by the UN anyway, the others posted a bunch of links, so.. |
Quote:
Quote:
|
Quote:
Quote:
Quote:
|
i don't believe i have insulted you. i apologize if you feel that i have
furthermore, the article is written by someone in the UK |
Quote:
http://static.seekingalpha.com/uploa...artProphet.png http://static.seekingalpha.com/uploa...het_origin.png On the flip side: China added 93 tons of gold from Jan to April, a 55% increase from last quarter and became the world's largest consumer of gold. Seeking Alpha does have some good writers, but I'd bet on China over them any day. Chinese set new standard in buying gold |
Quote:
|
Quote:
5.26.2011 Brazil stocks rise after U.S. confidence data 5.27.2011 Consumer Confidence Boosts US Equity Markets 4.20.2011 Forex News – U.S. Earnings Boost Confidence, As Markets Recover 1.25.2011 Consumer Confidence Index jumps in January Of course you'll make up some reason why the NYTimes, Forex, WSJ, Nasdaq.com, foxbusiness, cnn, the financial times, etc. are all wrong. After all, it's a conspiracy and America is on the brink of destruction! :1orglaugh I'm out filming the rest of the day, enjoy :pimp |
Quote:
Patrick Worsnip works for reuters in NY covering the U.N. He could be British but he's been living in NY and covering the U.N. there for years, he's not in the U.K. |
Quote:
I read an interesting article a few months back about how the world is only a few more large natural disasters from a food crisis. Don't know what food prices are in the US or Europe right now, but they are rising in Asia fairly fast. Everything here is rising, be it due to inflation or lack of product due to natural disasters, it's all going up. Even the cost of my razors just went up a little over $1 dollar within the past few months. :Oh crap |
China is buying all the gold to help stop the manipulation of golds value.
Gold has crashed before... don't think it can't happen again. |
They've been afraid of the dollar failing since the early 2000s We'll see what happens, but I'm not going to cry doom unless we start seeing stronger indicators.
|
Quote:
my point was now you have two 'strange bedfellows' that are simply reporting news freedom of expression.. and all that |
Quote:
|
One world currency just around the corner.
|
Quote:
Doesn't take a rocket scientist to see what's coming down the road. IMHO, the rise and fall of currency is the least of our problems. |
Quote:
|
I just got back from New Zealand and the food prices were out of sight. $20 for a cheeseburger, fries and coke......same for breakfast. $30-50 for dinner, even a Chinese dinner.
Hotel room prices were about same as in USA and gasoline was about $1.70 a litre. |
Quote:
http://dailyreckoning.com/files/2010...04-07-10-1.gif http://marketblog.files.wordpress.co...ng?w=540&h=321 http://www.stringfellow.co.za/wp-con...march-2011.jpg :1orglaugh |
Quote:
http://www.moneynews.com/StreetTalk/...5/10/id/395785 |
Quote:
if anything, relatively high PE ratio in this graph suggests expected high growth rate in the future... :2 cents: |
Quote:
Quote:
|
|
Ever heard of too big to fail?
If we collapsed, the entire world would be fucked in the ass. No aid to about 140 nations of the world that depend on it. No trade with the top 8 nations that depend on it. China, the Middle East, Japan, Asia for that matter... would all be back in the dark ages. |
Quote:
|
Quote:
Yes, they were just normal places....as far as I could tell. I remember like $45 NZD for a buffet dinner of typical NZ food. |
Quote:
Porter Stansberry, James Dale Davidson, et al and Agora are not lily white either: http://pacer.ca4.uscourts.gov/opinion.pdf/081037.P.pdf |
Quote:
Oh the burden of clipping those coupons. :disgust . |
There is going to be no sudden collapse of the US dollar. If that happened, many countries around the world would have to declare martial law to due mass riots, protests, looting, etc. Governments aren't going to let that happen.
All that's going to happen is a gradual and slow squeezing of the middle class around the world, which has been happening for decades. "Cooking oil went up by 8%? That's ok, I can still afford that", type of thing. That's what will continue happening. There'll be no sudden change in anything. Governments can't afford to risk that big of a change, especially with the volatility right now. The people in control aren't stupid, and they know what they're doing. There's going to be no large sudden changes until they're 100% confident the general populous is weak enough to the point they can't revolt, hence the continuous and gradual squeezing of the middle class. |
Why do I find the image of the Chinese emporer fucking the Statue of Liberty a little disturbing?
|
Oh noes I guess that means all agora charts are fake rofl. Stil waiting for the evidence that when adjusted for inflation, the market has increased since 2000.
|
|
June 2010 dollars lol? And the numbers have tanked since Obama has been elected. Not exactly what you wanted to prove eh?
|
Quote:
it's cleaning it up after the bubble bursts that sucks. using houses and mortgages as the basis of a bubble was a mistake that is going to be hurting us for some time yet. |
Quote:
Obama was elected in 08.... as we can see, nothing has tanked. What did I say I was proving? You asked a question... you wanted a graph to show growth and that's what that chart shows. We can look at 2011 as well, it has only grown more. |
Quote:
|
Quote:
take the arab spring of rage for instance - that the underemployed young adults of the arab nations would eventually revolt was predictable, but that it would happen this year still surprised the sovereigns. |
Quote:
The dollar has tanked. That was pretty much was set to happen from the early 80's on but it became unstoppable once Bush unloaded 4 trillion into the cash flow, it was only a matter time before it dropped then. |
Quote:
|
Quote:
Aye I see the chart - it looks like Obama's stimulus stopped the major drop. |
Quote:
|
Quote:
If you're readying yourself for a dollar failure scenario, why pay off all of your dollar debts? If the dollar falls.. and you owe your debts in dollars... will you not get anything you owe dollars on nearly for free? |
Quote:
|
Especially if you have a variable interest loan and the rates go up to 25-30%.
Then you are screwed big time. |
Quote:
Now if you thought it was more that than... it's not. The numbers are on several political fact/check sites and I think the gov even has a website that publishes the numbers. By those charts, his stimulus package reversed the drop... or him simply becoming President was so powerful that it alone stopped the drop. :) |
Redrob is telling the truth.
|
| All times are GMT -7. The time now is 11:42 PM. |
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
©2000-, AI Media Network Inc123