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Worst inflation news in 25 years.. fed trapped and can't raise rates!
Submitted by SIERRAHPBT on Tue, 02/26/2008 - 16:43
http://www.msnbc.msn.com/id/23349559 inflation going up.. the fed trapped and can't raise interest rates.. BUY ALL THE GOLD AND SILVER YOU CAN.. » |
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Stay away from T-Bills. The bond market is next on the
disabled list. Gold and Silver are historically better hedges against inflation and, in a genuine currency collapse, they will be two of the few things that will be able to be used in exchange for food. T-Bills are denominated, and paid, in U.S. dollars. If you think the dollar is going to maintain its strength or come back.....hey, go ahead....buy them, but don't say you weren't warned. T-Bills are just another form of paper money. Good luck buying a loaf of bread with a wheelbarrow full of them.
_________________________________________
"An economy built on fiat money is a society on its way to ashes."
This is the USD Index chart.
This is the USD Index chart. As you can see since 2002 the dollar has been in a free fall. We broke a historical barrier at 80.56 some months ago. It was 76 last week now 74.71. If it breaks below 70, look out below! Save this chart in your favorites and keep on eye on it.
Also, buy as much Gold and Silver as you can and keep it yourself.
http://www.fxstreet.com/rates-charts/usdollar-index/
I believe that banking institutions are more dangerous to our liberties than standing armies.The issuing power should be taken from the banks and restored to the people to whom it properly belongs.
Thomas Jefferson
“It does not require a majority to prevail, but rather an irate, tireless minority keen to set brush fires in people's minds”
-Sam Adams
No don't even they will lose their value
when you want to trade it in for cash who is going to buy it when you are in a deep depression. Food will be the priced commodity...
Buy T bills. That is TREASURY bills, bonds etc.. but only from the treasury Short term
If you are more sophisticated buy double inverse funds..
Lose their value?
Are you of the mistaken opinion that gold and silver only have value in U.S. dollars?
What do you think people used for thousands of years as money before there were dollars? (the paper kind)
Or perhaps you have no understanding that a "dollar" is not that piece of paper or blip in a computer, but rather a measure of silver - specifically 371.25 grains pure.
My silver and gold will most certainly still have value. It will buy me gas, food, etc. when the paper fails.
And you are suggesting to people to buy T-Bills and other paper assets??? are you out of your frickin mind? What exactly do you expect to buy with those? Do you honestly think they will be honored after a monetary collapse? Are you insane?
Paper is worthless, and if it isn't, it soon will be.
Buy and HOLD actual gold, silver, food, fuel, guns, and bullets, etc. DON'T 'own' anything on paper or more than you can physically defend. You're just wasting what you have now.
also buy "semi" precious metals..
Brass, copper, lead...
Might want to invest in some minerals too..
Saltpeter, charcoal, sulfur.. ;-)
LOL...sounds like a winner to me..Minerals that is...lol
Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master... George Washington
Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master... George Washington
I was inspired by this
I was inspired by this article and wrote this email to most of my contacts.
Dont blame me, I am an elected delegate for Ron Paul.
Remember inflation is more dangerous to our nation than standing armies. When inflation exceeds tax reductions, it doesnt matter. What does the constitution say... Only gold or silver is to be legal tender, why- because its possible to have ZERO inflation. This is most important issue of our day. Today was a stimulous plan, the NAR (national association of realtors) anounced this, thinking this will be the saving grace, it wont. So any stimulous package that does't address our currencey (fiat) is like a bandaid on a gapping wound, it will only buy you time.
http://www.msnbc.msn.com/id/23349559
This video will explain currency (fiat empire)
http://video.google.com/videoplay?docid=5232639329002339531
This site will explain currency options
http://norfed.org/
and Ron Paul with the ONLY current answers
http://www.lewrockwell.com/paul/paul434.html
one more short video, eplians it in 2 minutes-a must see.
http://video.google.com/videoplay?docid=7696018862647974114&...
Please if you find this bennificial send this to your contacts.
the fed is connected to the executive branch and the CFR(media)
The elite will do whatever they can to keep mirage going until the media chooses our next president. Then we will all enjoy the possibility of a great depression and martial law to contain the situation. Sounds fun right?
"It does not take a majority to prevail ... but rather an irate, tireless minority, keen on setting brushfires of freedom in the minds of men." - Samuel Adams
"The use of 'Conspiracy Theorist' or 'Truther' as a derogatory -- as an epithet almost -- is something the propagandists have perfected over the decades, and it's a useful tool for eliminating articulate dissent."
yep I think your right...
yep I think your right... this is why it was al out war against Ron Paul in the media! and his own Republican party.
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
I heard it's a minor $4.00 a week food inflation blip
on the radar...seriously, nothing to write home about (Fox News Detroit)
Of course I totaly disagree with that analysis.....the news is fast becoming the "am comedy hour."
How much longer
How much longer before the shtf? Are you all still thinking that we have until late Summer or Fall before people really get it?
I think so... get everything
I think so... get everything you need now before the panick begins
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
Of course they can raise rate
They can and will raise rates.
Raising rates and decreasing liquidity
is the EXACT mistake the FED made in the 30's that Bernanke said he WOULD NOT DO.
The problem is not a liquidity problem, it's a solvency problem.
Keeping rates low in the 30's would have worked then, because we had savings and manufacturing. We were a productive economy. Decreasing paper in circulation by this rate raise would have brought the paper more into par with gold and silver.
Today, it will simply grind the economy to a halt faster than it keeping rates low will. Neither will solve the problem or give us enough time to fix it. But keeping rates low will buy us time to stock up and prepare for the worst. Raising them just brings upon instant collapse.
The FED will NOT raise rates. Helicopter Ben has promised us this much.
again, ya need to keep your
again, ya need to keep your trapp shut, and open your ears son. The Fed is trapped :-) Wtf do you think is going to happen when the opec nations unpeg from the dollar as Greenspan is advising them to do eh? Let us hear what you think will happen then.
Your out of your mind - no offense
The lack of liquidity is causing major banks and mortgage lenders to fear being unable to make new loans. Some banks are already selling their "good" assets, because they can't find buyers for their cr-ppy assets.
Foreclosures are up 57% year over year.
We spend more than we tax and borrow.
How could they dry up liquidity, without collapsing the economy?
If they collapse the economy, what would be the consequence?
They could raise rates, but it won't be this year. Bet on it.
forward curves
indicate rapid rate increases mid 2009. They will raise rates again, not for a little while though. Now is the time to invest stragecially in income producing RE. its an unusual situation to have low rates and low housing prices.
the house prices are still
the house prices are still not low.. your going to see a 400,000 dollar house sell for 50,000
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
well, maybe not quite that good
but depending on where it is, maybe 100K to 200K. In some of California or Las Vegas BS markets, you might be right, but those places, like in Compton or some other slum, were never worth more than 50K to begin with.
Of course, in the event of hyper-inflation, the houses will actually go up in nominal dollars, but those will be worthless dollars.
ROFLMAO...
real estate, ROFLMAO
You're assuming a little too much
For instance, they cannot raise rates until we are out of our little recession. If you want to look at curves, look at the downward curve of the dollar....
http://tfc-charts.w2d.com/chart/US/M
Versus the upward spike of the Continuous Commodity Index
http://www.crbtrader.com/crbindex/images/crb-ci.gif
and then factor in all the other goodies we have going on...
Then tell me that we're going to be out of our ~little recession~ in 2009.
~Live life to its fullest, with an open heart, open arms and most important... an open mind~
Unfortunately, the
Unfortunately, the foundation of the economy can no longer tolerate such hikes. Such intolerance is a sign of the underlying weakness in the monetary foundation as it reaches its maximum possible lifespan.
http://militantjeffersonian.com
"Men do not willingly read unpalatable truths of themselves. The People like those best who fool them most, by pandering to their vices and flattering their foibles" Raphael Semmes
and business activity will
and business activity will slow to a snails pace and good by jobs.. and hello depression.. wake up trapp.
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
Why is the market not pricing in a depression
but you expect one? What makes you so brilliant that the market is wrong?
its not the market... its a
its not the market... its a systemic crisis!
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
Easy answer
The market relies on consumer confidence. If the American people were told what is actually happening, the market would die tomorrow.
Smoke and mirrors.. you should know this.
I suspect you do and it is one of the reasons you are on DP... to blow the same old ~it's all good~ smoke up our asses.
We know better.. but keep trying!
~Live life to its fullest, with an open heart, open arms and most important... an open mind~
the market will raise
the market will raise rates.. the fed won't because it will trigger a depression that will make the great depression look like a highschool prom.. wake up Trapp.... all they are doing is delaying the day of reckoning... only problem is it will be much worse then if thy would have raised rates sooner.. back in 2000 or 2001 when they could have made a bad recession happen.. now were going to see depression... just watch by this fall...
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
Trapped, can't raise rates
If Ron Paul gets in the White House, you can bet those criminals will find a quick way to jack up the rates and put the hurt on us.
gil... it won't make any
gil... it won't make any difference.. were all already screwed... 587 TRILLION IN DERIVATES.. UNSECURED IS going to kill this thing period!
municiple bonds are not selling at a 20% interest rate! people are starting to hold onto there money! just tomany down forces hitting all at once... mortgae fiasco, credit cruch, derivatives etc etc etc.. not to say that we spend 12 billion per month on 2 wars that are immoral and criminal! its all gonna catch up... this september will be interesting!
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
It's all good here at the DP
Not too many folks are aware of the credit derivative mess, and most of those that do dare not speak of it. But you and I both know what's out there headed our way. Go a little easier on Trapp, he means well but he just doesn't get it.