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Old 10-12-2011, 09:40 AM
 
2,515 posts, read 1,758,859 times
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Pull your money out of banks and buy physical gold with it. Or cash. Or what ever. And on top of it short the banks as well so that you can profit from their downfall.


Reggie Middleton's Control Wall Street Project: How the Common Man Can Control Wall Street Banks! - YouTube!

We have deflation so cash is a good investment.
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Old 10-12-2011, 09:42 AM
 
Location: Portland, OR
8,802 posts, read 7,744,011 times
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Quote:
Originally Posted by newonecoming2 View Post
Pull your money out of banks and buy physical gold with it. Or cash. Or what ever. And on top of it short the banks as well so that you can profit from their downfall.


Reggie Middleton's Control Wall Street Project: How the Common Man Can Control Wall Street Banks! - YouTube!

I have a better idea. How about we don't bail out the banks? The ONE thing that prevents greed is risk.
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Old 10-12-2011, 09:42 AM
Status: "Oh wait, what's this?" (set 1 day ago)
 
Location: Tyler, TX
15,222 posts, read 18,576,565 times
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Sure, completely crash the economy and plunge us into a true depression, just to try (and fail) to affect the top 1%. Brilliant plan.
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Old 10-12-2011, 09:46 AM
 
29,409 posts, read 19,157,816 times
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How much physical gold to you think there is in the world? Our dollar is pegged to oil not gold. YOu can go buy a piece of paper that says you own gold if that makes you happy.
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Old 10-12-2011, 09:49 AM
 
2,515 posts, read 1,758,859 times
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Investment research | Why Occupy Wall Street When You Can Control Wall Street? | Reggie Middleton Boom Bust Blog | Research,fin here is the blog post the video was part of.
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Old 10-12-2011, 09:52 AM
 
Location: 15 months till retirement and I can leave the hell hole of New Yakistan
26,266 posts, read 14,644,089 times
Reputation: 6894
Quote:
Originally Posted by newonecoming2 View Post
We have deflation so cash is a good investment.
have you been to the stores lately

we dont have deflation..we have INFLATION

prices have increased 5 fold in the last 10 years

price of a standard 3lb can of maxwell house coffe in 2001.....$3
today is a 2lb can selling for over $10( saw it the other day in one store for $12)

average house here in 1995...125k....average house today....370k....a 300% increase in less than 20 years(16 years)...slightly off the peak of 450k
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Old 10-12-2011, 09:54 AM
 
2,515 posts, read 1,758,859 times
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Quote:
Originally Posted by VTHokieFan View Post
I have a better idea. How about we don't bail out the banks? The ONE thing that prevents greed is risk.
Pivitese gain socialize risk what a cobination don't like it pull yoiur money out of banks.
Quote:
Originally Posted by swagger View Post
Sure, completely crash the economy and plunge us into a true depression, just to try (and fail) to affect the top 1%. Brilliant plan.
Wake up we are already there. The banking system is insolvent. If you really want to get it back an a financially sound footing, up the minimum wage by 4X.
Quote:
Originally Posted by KUchief25 View Post
How much physical gold to you think there is in the world? Our dollar is pegged to oil not gold. YOu can go buy a piece of paper that says you own gold if that makes you happy.
all of the gold can fit in a cube 83 feet on a side.
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Old 10-12-2011, 09:55 AM
 
2,515 posts, read 1,758,859 times
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Quote:
Originally Posted by workingclasshero View Post
have you been to the stores lately

we dont have deflation..we have INFLATION

prices have increased 5 fold in the last 10 years

price of a standard 3lb can of maxwell house coffe in 2001.....$3
today is a 2lb can selling for over $10( saw it the other day in one store for $12)

average house here in 1995...125k....average house today....370k....a 300% increase in less than 20 years(16 years)...slightly off the peak of 450k
Don't confuse higher prices with inflation. Houses are dropping and they were turned into cash as long as they keep falling we will be having deflation. They have a long way to go down in your area. Do you see any reason why they would be going up soon in your area? do you have full employment? do you have banks loaning money on houses there?
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Old 10-12-2011, 10:17 AM
 
29,409 posts, read 19,157,816 times
Reputation: 5440
Quote:
Originally Posted by newonecoming2 View Post
Pivitese gain socialize risk what a cobination don't like it pull yoiur money out of banks.
Wake up we are already there. The banking system is insolvent. If you really want to get it back an a financially sound footing, up the minimum wage by 4X.
all of the gold can fit in a cube 83 feet on a side.
You'd be better off buying a pan and heading to Alaska if you want physical gold.
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Old 10-12-2011, 10:21 AM
 
Location: 15 months till retirement and I can leave the hell hole of New Yakistan
26,266 posts, read 14,644,089 times
Reputation: 6894
Quote:
Originally Posted by newonecoming2 View Post
Don't confuse higher prices with inflation. Houses are dropping and they were turned into cash as long as they keep falling we will be having deflation. They have a long way to go down in your area. Do you see any reason why they would be going up soon in your area? do you have full employment? do you have banks loaning money on houses there?
UHM

higher prices (cost of living) is inflation

and as far as housing prices are still way higher than they should be

house here sold in 1994 for 125k...valued today at 380k


the NORMAL INFLATION for housing is 5%..meaning after 20 years that 125k house would NORMALLY be worth 310k...yet after 17 years it worth 380k...its INFLATED....has it DEFLATED from the 2006 PEAK..yes...but still way OVERINFLATED during the last 20 years)
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