[socrattt]

[quote=TheBreeze]

Food and clothing are much cheaper on a relative basis than it was during 30’s. People can easily feed and clothe themselves with even a minimum wage job.
[/quote]

Breeze, you need to understand the ramifications of what is currently happening. Although everything seems to be pretty cheap at this point, we will inevitably put ourselves in a position where the price of goods will skyrocket. My guess is that within 6-12 months we will see a dramatic increase of prices of goods and services due to the infinite infusion of dollars to save our economy. Regardless if it works, the long term affects will be dramatic to say the least.

I don’t necessarily think America will collapse, but I do believe America will no longer be a super power, which will put a tremendous strain on a number of things nationally and globally. Prepare for the worst and hope for the best because only time will tell what is going to happen.

[socrattt]

[quote=TheBreeze]

Food and clothing are much cheaper on a relative basis than it was during 30’s. People can easily feed and clothe themselves with even a minimum wage job.
[/quote]

Breeze, you need to understand the ramifications of what is currently happening. Although everything seems to be pretty cheap at this point, we will inevitably put ourselves in a position where the price of goods will skyrocket. My guess is that within 6-12 months we will see a dramatic increase of prices of goods and services due to the infinite infusion of dollars to save our economy. Regardless if it works, the long term affects will be dramatic to say the least.

I don’t necessarily think America will collapse, but I do believe America will no longer be a super power, which will put a tremendous strain on a number of things nationally and globally. Prepare for the worst and hope for the best because only time will tell what is going to happen.

[socrattt]

[quote=TheBreeze]

Food and clothing are much cheaper on a relative basis than it was during 30’s. People can easily feed and clothe themselves with even a minimum wage job.
[/quote]

Breeze, you need to understand the ramifications of what is currently happening. Although everything seems to be pretty cheap at this point, we will inevitably put ourselves in a position where the price of goods will skyrocket. My guess is that within 6-12 months we will see a dramatic increase of prices of goods and services due to the infinite infusion of dollars to save our economy. Regardless if it works, the long term affects will be dramatic to say the least.

I don’t necessarily think America will collapse, but I do believe America will no longer be a super power, which will put a tremendous strain on a number of things nationally and globally. Prepare for the worst and hope for the best because only time will tell what is going to happen.

[socrattt]

[quote=TheBreeze]

Food and clothing are much cheaper on a relative basis than it was during 30’s. People can easily feed and clothe themselves with even a minimum wage job.
[/quote]

Breeze, you need to understand the ramifications of what is currently happening. Although everything seems to be pretty cheap at this point, we will inevitably put ourselves in a position where the price of goods will skyrocket. My guess is that within 6-12 months we will see a dramatic increase of prices of goods and services due to the infinite infusion of dollars to save our economy. Regardless if it works, the long term affects will be dramatic to say the least.

I don’t necessarily think America will collapse, but I do believe America will no longer be a super power, which will put a tremendous strain on a number of things nationally and globally. Prepare for the worst and hope for the best because only time will tell what is going to happen.

[socrattt]

[quote=TheBreeze]

Food and clothing are much cheaper on a relative basis than it was during 30’s. People can easily feed and clothe themselves with even a minimum wage job.
[/quote]

Breeze, you need to understand the ramifications of what is currently happening. Although everything seems to be pretty cheap at this point, we will inevitably put ourselves in a position where the price of goods will skyrocket. My guess is that within 6-12 months we will see a dramatic increase of prices of goods and services due to the infinite infusion of dollars to save our economy. Regardless if it works, the long term affects will be dramatic to say the least.

I don’t necessarily think America will collapse, but I do believe America will no longer be a super power, which will put a tremendous strain on a number of things nationally and globally. Prepare for the worst and hope for the best because only time will tell what is going to happen.

[socrattt]

I think the confidence is all but gone in the markets. ST, I think you made a poor decision in selling gold at $810/oz, although nothing wrong with a little profit taking. I have a sneaky suspicion we are going to start seeing the markets make some heavy corrections in the near term because there are very few strings left to be pulled by our government and corporations will have little to cheer about for quite some time.

I am loading up again on silver and gold as I feel we truly are now at a time where the Fed can no longer take action to stop this crisis. What will unfold in the next 6 months will be quite alarming and my belief is gold and silver won’t see many more of these recent downward corrections.

I also believe that some gold and silver mining stocks could also have some incredible potential. It really interesting to see how the markets now react to rate cuts and infusion of funds into our failing system. It is a matter of time before unemployment hits 15% and our currency becomes worthless or at lest worth less!

Welcome home!

[socrattt]

I think the confidence is all but gone in the markets. ST, I think you made a poor decision in selling gold at $810/oz, although nothing wrong with a little profit taking. I have a sneaky suspicion we are going to start seeing the markets make some heavy corrections in the near term because there are very few strings left to be pulled by our government and corporations will have little to cheer about for quite some time.

I am loading up again on silver and gold as I feel we truly are now at a time where the Fed can no longer take action to stop this crisis. What will unfold in the next 6 months will be quite alarming and my belief is gold and silver won’t see many more of these recent downward corrections.

I also believe that some gold and silver mining stocks could also have some incredible potential. It really interesting to see how the markets now react to rate cuts and infusion of funds into our failing system. It is a matter of time before unemployment hits 15% and our currency becomes worthless or at lest worth less!

Welcome home!

[socrattt]

I think the confidence is all but gone in the markets. ST, I think you made a poor decision in selling gold at $810/oz, although nothing wrong with a little profit taking. I have a sneaky suspicion we are going to start seeing the markets make some heavy corrections in the near term because there are very few strings left to be pulled by our government and corporations will have little to cheer about for quite some time.

I am loading up again on silver and gold as I feel we truly are now at a time where the Fed can no longer take action to stop this crisis. What will unfold in the next 6 months will be quite alarming and my belief is gold and silver won’t see many more of these recent downward corrections.

I also believe that some gold and silver mining stocks could also have some incredible potential. It really interesting to see how the markets now react to rate cuts and infusion of funds into our failing system. It is a matter of time before unemployment hits 15% and our currency becomes worthless or at lest worth less!

Welcome home!

[socrattt]

I think the confidence is all but gone in the markets. ST, I think you made a poor decision in selling gold at $810/oz, although nothing wrong with a little profit taking. I have a sneaky suspicion we are going to start seeing the markets make some heavy corrections in the near term because there are very few strings left to be pulled by our government and corporations will have little to cheer about for quite some time.

I am loading up again on silver and gold as I feel we truly are now at a time where the Fed can no longer take action to stop this crisis. What will unfold in the next 6 months will be quite alarming and my belief is gold and silver won’t see many more of these recent downward corrections.

I also believe that some gold and silver mining stocks could also have some incredible potential. It really interesting to see how the markets now react to rate cuts and infusion of funds into our failing system. It is a matter of time before unemployment hits 15% and our currency becomes worthless or at lest worth less!

Welcome home!

[socrattt]

I think the confidence is all but gone in the markets. ST, I think you made a poor decision in selling gold at $810/oz, although nothing wrong with a little profit taking. I have a sneaky suspicion we are going to start seeing the markets make some heavy corrections in the near term because there are very few strings left to be pulled by our government and corporations will have little to cheer about for quite some time.

I am loading up again on silver and gold as I feel we truly are now at a time where the Fed can no longer take action to stop this crisis. What will unfold in the next 6 months will be quite alarming and my belief is gold and silver won’t see many more of these recent downward corrections.

I also believe that some gold and silver mining stocks could also have some incredible potential. It really interesting to see how the markets now react to rate cuts and infusion of funds into our failing system. It is a matter of time before unemployment hits 15% and our currency becomes worthless or at lest worth less!

Welcome home!

[socrattt]

I am guessing the essential thought behind this elaborate plan is to buy mortgage back securities, stop the foreclosure market, push the rates down, spur the market which will increase the home values and then the government will eventually be the winner.

If the government truly structures this right and things go as planned maybe this will all work, but chances are they won’t all align due to the stress on our dollar and the amount of debt we are pouring into the system on all daily basis.

Maybe it’s really late and I just concocted this wild idea, but it just seems like the government has a few tricks up there sleeve and freezing the foreclosure market just doesn’t make sense unless they have a plan to counteract it.

I have a better chance of winning the lottery than making the correct call on the government’s ultimate plans for our economy.

So far the score is:

Irresponsible 6
Responsible 0

And we are currently in the seventh inning stretch. We are going to have a wild ninth inning. and I hope the responsible hit a couple of grand slams!

[socrattt]

I am guessing the essential thought behind this elaborate plan is to buy mortgage back securities, stop the foreclosure market, push the rates down, spur the market which will increase the home values and then the government will eventually be the winner.

If the government truly structures this right and things go as planned maybe this will all work, but chances are they won’t all align due to the stress on our dollar and the amount of debt we are pouring into the system on all daily basis.

Maybe it’s really late and I just concocted this wild idea, but it just seems like the government has a few tricks up there sleeve and freezing the foreclosure market just doesn’t make sense unless they have a plan to counteract it.

I have a better chance of winning the lottery than making the correct call on the government’s ultimate plans for our economy.

So far the score is:

Irresponsible 6
Responsible 0

And we are currently in the seventh inning stretch. We are going to have a wild ninth inning. and I hope the responsible hit a couple of grand slams!

[socrattt]

I am guessing the essential thought behind this elaborate plan is to buy mortgage back securities, stop the foreclosure market, push the rates down, spur the market which will increase the home values and then the government will eventually be the winner.

If the government truly structures this right and things go as planned maybe this will all work, but chances are they won’t all align due to the stress on our dollar and the amount of debt we are pouring into the system on all daily basis.

Maybe it’s really late and I just concocted this wild idea, but it just seems like the government has a few tricks up there sleeve and freezing the foreclosure market just doesn’t make sense unless they have a plan to counteract it.

I have a better chance of winning the lottery than making the correct call on the government’s ultimate plans for our economy.

So far the score is:

Irresponsible 6
Responsible 0

And we are currently in the seventh inning stretch. We are going to have a wild ninth inning. and I hope the responsible hit a couple of grand slams!

[socrattt]

I am guessing the essential thought behind this elaborate plan is to buy mortgage back securities, stop the foreclosure market, push the rates down, spur the market which will increase the home values and then the government will eventually be the winner.

If the government truly structures this right and things go as planned maybe this will all work, but chances are they won’t all align due to the stress on our dollar and the amount of debt we are pouring into the system on all daily basis.

Maybe it’s really late and I just concocted this wild idea, but it just seems like the government has a few tricks up there sleeve and freezing the foreclosure market just doesn’t make sense unless they have a plan to counteract it.

I have a better chance of winning the lottery than making the correct call on the government’s ultimate plans for our economy.

So far the score is:

Irresponsible 6
Responsible 0

And we are currently in the seventh inning stretch. We are going to have a wild ninth inning. and I hope the responsible hit a couple of grand slams!

[socrattt]

I am guessing the essential thought behind this elaborate plan is to buy mortgage back securities, stop the foreclosure market, push the rates down, spur the market which will increase the home values and then the government will eventually be the winner.

If the government truly structures this right and things go as planned maybe this will all work, but chances are they won’t all align due to the stress on our dollar and the amount of debt we are pouring into the system on all daily basis.

Maybe it’s really late and I just concocted this wild idea, but it just seems like the government has a few tricks up there sleeve and freezing the foreclosure market just doesn’t make sense unless they have a plan to counteract it.

I have a better chance of winning the lottery than making the correct call on the government’s ultimate plans for our economy.

So far the score is:

Irresponsible 6
Responsible 0

And we are currently in the seventh inning stretch. We are going to have a wild ninth inning. and I hope the responsible hit a couple of grand slams!

[Author]

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