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The world would be better off if people stopped taking people like Jim Rogers and Peter Schiff seriously. They both have very strong biases and in the latter case an odd hatred for the US government.
sheenie and humanoid are the poster children for the problems with this country. They understand nothing about how the fed works or why we are having these problems.
I for one have seen what is going on and I no longer hold much USD because I know it will eventually go to zero. An optimistic scenario of the USD is that it will only face slight inflation.
Gold and silver are the true forms of money. I now hold gold/silver where I would have normally held USD. I save in gold/silver not USD.
The world would be better off if people stopped taking people like Jim Rogers and Peter Schiff seriously. They both have very strong biases and in the latter case an odd hatred for the US government.
I don't find it an odd hatred. I'm beginning to hate our government also. After this mortgage mess, I personally have woken up and now see them for the crooks that they are.
sheenie and humanoid are the poster children for the problems with this country. They understand nothing about how the fed works or why we are having these problems.
I for one have seen what is going on and I no longer hold much USD because I know it will eventually go to zero. An optimistic scenario of the USD is that it will only face slight inflation.
Gold and silver are the true forms of money. I now hold gold/silver where I would have normally held USD. I save in gold/silver not USD.
Are you referring to my utter cluelessness of the economic system and the monetary system as well as the rest of America in the same boat? LOL.
Hey I gotta start somehwere ya know?
How long have you 'seen what has been going on?"
I guess I'm glad my mom and MIL still held on to the old school tradition of hanging on to gold coins/bars.
Gold and silver are the true forms of money. I now hold gold/silver where I would have normally held USD. I save in gold/silver not USD.
What are you going to do with it? You go into Safeway for a loaf of bread and plunk down your oz of gold - what is your 'change' going to be, a truck load of more bread? But of course not, Safeway will not have any bread or anything else.
Get your MRE's now along with them other bulk long self life food's now...
sheenie and humanoid are the poster children for the problems with this country. They understand nothing about how the fed works or why we are having these problems.
So basically you're a Schiff zealot? Its rather telling that you think you can stay what two people you know nothing about know and understand. Zealotry....never makes much sense though.
Quote:
Originally Posted by killer2021
Gold and silver are the true forms of money.
Of course, because they are shinny right? Gold and silver are no more "true forms of money" than shells and wheels.
I don't find it an odd hatred. I'm beginning to hate our government also. After this mortgage mess, I personally have woken up and now see them for the crooks that they are.
Schiff hates the US government and is blinded by his hatred. His dad had the same issue and is now is sitting in Jail.
Both Rogers and Schiff are becoming increasing belligerent as many of their bets are going wrong. Schiff was wrong about a number of things and his funds are dropping like flies.
Their supporters are also becoming increasing belligerent.
Also, blaming the government for the current problems makes little sense. Certainly the government played a role, they removed regulations and failed to regulate the rapidly changing financial industry. But, most of the fault is with financial institutions and the American public. Of course, its just easier to blame the government....
So basically you're a Schiff zealot? Its rather telling that you think you can stay what two people you know nothing about know and understand. Zealotry....never makes much sense though.
Of course, because they are shinny right? Gold and silver are no more "true forms of money" than shells and wheels.
Well even if you don't consider gold as valuable, how is it any less valuable than paper money that is created out of thin air? At least with gold, it comes from the earth and actually has to be dug out. The dollar only holds value based on trust and faith. I don't see why anyone should trust our dollars anymore especially after this mess.
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money - money every where and not a thing to buy
