Dollar at new low again
Submitted by oquirrh on Fri, 11/23/2007 - 02:02Down another .50% http://quotes.ino.com/chart/?s=NYBOT_DX&v=d12
Gold up $10.00 http://www.kitco.com/market/
Notice that oil is back up above $97.00
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Money's a wierd thing
I've always been facinated about how money works. What the hell is it? hah
um yeah. After Katrina destroyed my hometown, I moved to Hawaii cause I figured the economy is the next thing to go. The reason I moved here is because food grows here year round. My tip to people is to build a greenhouse and buy some seeds. Although gold and silver are nice to invest in, you cant eat gold and silver (well you can and actually I think its pretty healthy for you) but you see what I'm saying. If nothing happens bad to the economy, you still have some cool things growing, and if something happens you have stuff to eat.. Its actually fun. Sorry Katrina turned me into a hippy.
Hope things stay cool till the election, but IIII dont know.
later
Mike
The speed
at which the dollar has been falling is truly alarming. It really does appear to be the goal of the gov't and the Fed Reserve to destroy the dollar sooner rather than later. The resulting chaos would be devastating, mostly because the thought of the dollar going away hasn't even occurred to most of the citizenry.
Attention
As a fellow RP supporter, and because I care, you really need to prepare for what is coming....
Here are a few things YOU MUST DO!!! If you don't, I really would hate to be the one that said "I told you so."
#1 Get out of all US DOLLAR investments....retirement, 401Ks, Savings accounts....everything. You are losing up to 15% just this year in buying power.
#2 Hedge your entire life with Gold and Silver, or get your retirements into Mutual Funds that Track Gold, and Silver.
#3 Get out of Debt Now, if you can. Pay off all of your credit cards and Stop using them. Do not expand any debt this holiday season.
#4 Sell any extra houses that you have, if you have them. The market is horrible, but if you can get out of them now by some dream, you could save yourself another 30% depreciation.
#5 If something happens in the mid-east, be prepared for $10 a gallon gas. I don't know how to really hedge against this, except if you have an SUV or Big Truck, I would be dumping it now.
#6 Make sure you and your family have at least 30 days of food and water at all times.
Now...if you think gas is going back to $2.50, and you think te dollar is going to strengthen, and our govt is going to lead us to a uphoria and get us out of all this....then please do not take my advice....otherwise....Think about it??
I am not a TinFoil Hat wearer, or a Conspiracy person....I just see the writing on the wall.
Protect yourself now if you see what I see.
Not trying to scare anybody....it is just going to be one hell of a bad year.
I agree
I am no "conspiracy" kook either. It's just good economic sense if you are a student of economics and history.
My husband and I were debt free (including the house) in seven years by using a fairly painless system. If you are in debt, contact me through my website and I'll tell you what we did. Getting out of debt is so important. A depression is coming. Please listen to "takeaction" because he/she is correct. I am not selling anything. Email me for the "no budget, budget".
Good luck to us all,
Lisa C.
www.ronpaulinternational.com
Ron Paul "Sign Wave Across the USA" -- November 5th!
Yeah
...and they call Ron Paul a kook.. I've noticed the smearing campaign has died down alot.. hmm i wonder why.
No this is not good
Our country needs to stay together long enough to be restored. If things get too bad there could be a disastrous collapse which would threaten our election process. There could even be a suspension of elections especially if martial law is declared.
We need some measure of economic stability in order for Dr. Paul to become President Paul and for us to be in a position to restore the nation.
_______________________________
..Without the truth we have nothing
_______________________________
..Without the truth we have nothing
WOW!!!
I Could of not said it better. I really have a feeling that the Govt wants to crash the dollar or have some crazy chaos happen prior to the elections to declare martial law.
Remeber...all of the laws are in place to do this.
I am praying we can even make it one more year.
This Govt seems set on attacking Iran before they leave office as well as destroy the economy.
I just don't get it....
I am no economics major, but I know more than the average joe. It is so simple to fix the economy.
#1 Let the Banks that made these horrible loans EAT THEM.
#2 Let the people that signed up for these stupid loans go under....and go rent a house now to get back on your feet.
#3 Increase Intrest Rates to Strengthen Dollar.
#4 Get Out of the Trillion Dollar War.
That is just the start.... It is so simple.
The answers to saving this country will cause some short term pain, but it will allow all of this mess to correct real fast....
I pull my hair out over this govt.
Awesome
This is great!! I've been pushing clients to sell the futures and stay short for months and posting on several finance groups with Ron Paul endorsements.
Perfect for a new low in the dollar after the USA today ADD and the Liberty Dollar Raid.....
It's almost like G-d is working with us...
I don't just think we can win, I believe we will win. There are too many miracles. Everything they do to hurt RP backfires....
"It's the economy stupid"..
my page of RP USD you tube videos....
http://cyclesurfer.com/Articles/deathofthedollar.htm
Your web site
is informative and very supportive of Ron Paul.
Kent
Unfortunately
We are on the precipice of a global economic disaster as the economy continues to unwind.
http://news.independent.co.uk/business/comment/article318716...
PS
Donate to the campaign now while the FRN is still worth something.
Guns and Amunition
Well I can't get out of debt but I do plan on buying lots of rice and water. Also I will probably buy a nice rifle with lots of Ammunition. Call me a kook also but I feel the need to protect myself more than ever. The government is being run by people that do want this country to fall. I was suprised when I looked up the CFR and what did I see military and oil interest with all the parties present. They say its a nuke but I'll say the ones that bring the nuke and detonate it in the country won't have towels on their heads but will be Americans themselves. It is amazing how the media and the politicians have demonized the middle east for years while I on the other hand believe that the people are like us want to be left alone to support their families in their own way. There are always to sides to every fight.