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You better grab hold of something and hang on...all of that spinning you're doing is bound to be making you dizzy...lol.
You better get used to saying "President Romney".
What part did you not understand? The stock market has soared with Obama in office. A blip in our economic recovery dropped the market a few points, big deal. Look at the big picture for a change and try to be honest.
What part did you not understand? The stock market has soared with Obama in office. A blip in our economic recovery dropped the market a few points, big deal. Look at the big picture for a change and try to be honest.
At the cost to the middle class, with the inflation created to feed Wall Street
QE-1, 2 and 3 and the 16 Trillion given to Europe.
The bubbles our government creates, always bust.
Funny how now, when the stock market drops, our dollar gains more value.
Why is that....
You better grab hold of something and hang on...all of that spinning you're doing is bound to be making you dizzy...lol.
You better get used to saying "President Romney".
You may be right. I just looked at the rcp average and romney made big gains. Its a shame. Obama has so much to fight against. It will be awful under romney. He is controlled by the far right. I don't know what will happen but it will be bad for working families. Oh well, I am strong and will still be fine.
Last edited by enemy country; 05-09-2012 at 07:56 AM..
Name a 'great nation that stayed great' which still exists today.
It goes down hill, when the people are allowed to liquidate the treasury.
Bankruptcy has ended all great nations, after monetizing the money, destroying the middle class, where poverty is the only game in town except for those making the rules.
No great nation stayed great, when they tried to get away from gold as the measurement of money.
Since no powerful nation on the planet is still on the gold standard, I think this statement is both naive and foolish. Gold is a commodity, just like pork bellies and carrots. That is why it was abandoned world-wide a century ago.
I hope you don't have your retirement invested completely in gold, Bent. There have been many panic spikes in the price of gold over the past 60 years, and when the bottom falls out, as it always does, gold is one of the slowest commodities to recover. The last one finally leveled out at about $400 oz after hitting about $1,000 oz., and stayed there for the next 30 years. When this one collapses, gold will probably level out at $6-700 an ounce; that's what it's really worth. Everything else in the gold spike is just tulips. The sellers keep the fear pumped up because they are the only ones who are going to make money, and folks like you are the whales, rising to the bait.
I hope you don't have your retirement invested completely in gold, Bent.
Come on now, I'd wager very few of those constantly regurgitating what they hear about gold being the answer, dollar collapse, hyperinflation, stock market collapse around the corner have much of anything invested anywhere.
It is a lot easier to warn others than to actually do, and live with the financial consequences of it.
Come on now, I'd wager very few of those constantly regurgitating what they hear about gold being the answer, dollar collapse, hyperinflation, stock market collapse around the corner have much of anything invested anywhere.
It is a lot easier to warn others than to actually do, and live with the financial consequences of it.
I have used a lot of gold leaf, a product that is very directly and simply tied to the going commodity price of gold.
Have I ever invested in gold? Hell, no. But I have stocked up on gold leaf when the price dropped through the floor again several times.
My last big batch, purchased in 1988, at a time when owners were dumping gold again as the country headed into another recession, is still lasting me. I expect by the time this batch runs out, the price will once again have fallen through the floor.
When I have any money to invest, I buy land. God quit making dirt a long time ago. If I had the bucks and wanted to go into something as risky as gold, I would buy art. The risk can be managed, and the payoff can be huge, but it requires a lot of study, planning and forethought.
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