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post #1 of 16 (permalink) Old 12-16-2008, 07:03 PM Thread Starter
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post #2 of 16 (permalink) Old 12-16-2008, 07:25 PM
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Watch it now drop like a rock like oil did. This is all happening much faster than I was thinking it would and I am very concerned for my family and friends.

None are more hopelessly enslaved than those who falsely believe they are free --Johann Wolfgang von Goethe
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post #3 of 16 (permalink) Old 12-16-2008, 07:28 PM
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I'd say a little preemptive of a decision, fluctuations have occured recently and returned.
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post #4 of 16 (permalink) Old 12-16-2008, 07:35 PM
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Quote:
Originally Posted by 5.0_CJ
I'd say a little preemptive of a decision, fluctuations have occured recently and returned.
I don't think so at all. The writing is on the wall IMO. The FED is out of ammo. Get ready. Judging from what I see of you in the armory section you are prepared better than most. Christmas set me back but I am turning my preparations up a notch.

None are more hopelessly enslaved than those who falsely believe they are free --Johann Wolfgang von Goethe
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post #5 of 16 (permalink) Old 12-16-2008, 07:37 PM
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watch gold prices shoot up.

RON PAUL '08
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post #6 of 16 (permalink) Old 12-16-2008, 07:41 PM
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Quote:
Originally Posted by fast83
watch gold prices shoot up.
They should have been moving more already with the amount of money(inflation) having already been created. I am working against the clock to cash in a couple of things so I can get some eagles but I wish I had trusted myself more and bought some 2 or so years ago when I started watching gold.

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post #7 of 16 (permalink) Old 12-16-2008, 07:45 PM
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Quote:
Originally Posted by TexasDevilDog
The US$ broke its 50 moving average last week.

http://safehaven.com/article-12095.htm

I think you normally post very solid and grounded information, but that link just screams of the buy gold now infomercials I see on late night tv.

TRAIN TRASH it's like WHITE TRASH but with money.

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post #8 of 16 (permalink) Old 12-16-2008, 07:45 PM
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looking at graphs, it appears as if the usd is fairing better against most other currencies. is this still a cause for alarm? i'm unemployed right now and severance ends 01/31.

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post #9 of 16 (permalink) Old 12-16-2008, 07:52 PM Thread Starter
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Quote:
Originally Posted by FreightTrain
I think you normally post very solid and grounded information, but that link just screams of the buy gold now infomercials I see on late night tv.
Well, I think of all information as, take with a grain of salt. I read from many sites, more about the underlying information than the implied message. They show the information that would be hard for you or I to compile. These are the same sites that were warning over a year ago about mortgages and the crisis. That is why I bailout of the market in January.
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post #10 of 16 (permalink) Old 12-16-2008, 08:03 PM Thread Starter
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Here is the USD v Euro http://finance.google.com/finance?q=USDEUR

Click on YTD to see the bubble that occurred in the US$ this fall. The same is true of all currencies except for the Japanese Yen, which is unwinding the Yen carry trade. When interest rates went to zero in Japan, many people borrowed money in Yen and invested else where. Well, that money is flowing back in to Japan now.
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post #11 of 16 (permalink) Old 12-16-2008, 08:08 PM
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it took the goverment/news media 2 years to say we where in a resetion.we've been there for 2 years already.

i predict a massive depression soon but it wont be declared for another couple years.

gold spends everywhere,the $ spends nowhere when its tanked.

RON PAUL '08
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post #12 of 16 (permalink) Old 12-17-2008, 03:12 AM
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I hope your wrong but its definately getting its ass kicked!

98 Brokra
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post #13 of 16 (permalink) Old 12-17-2008, 06:30 AM
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post #14 of 16 (permalink) Old 12-19-2008, 05:26 PM
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there is a cure for all thats happening...

Debut of the 'amero'
By Judi McLeod

Thursday, December 14, 2006

The People's Republic of China, long lauded by America's enemies as the world's next economic power, will be the country that will force the creation of the `North American Union' (NAU)

The billions of dollars China has invested in the flagging American economy will be worthless. They will have to negotiate the exchange rate to the new amero. This will then force the creation of the North American Union.

The cloak of the NAU, fashioned in secrecy, will be thrown over an unsuspecting public, erasing the borders of three countries. Mexico, which already has legions of its citizens living and working inside America, is, in effect already inside the NAU. Their governments will inform the American and Canadian people that there is no option but the bread line.

Unfortunately, the plan, which has been in place for some time, now, has been all but ignored by the mainstream media.
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post #15 of 16 (permalink) Old 12-19-2008, 05:33 PM
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Quote:
Originally Posted by fast83
it took the goverment/news media 2 years to say we where in a resetion.we've been there for 2 years already.

i predict a massive depression soon but it wont be declared for another couple years.

gold spends everywhere,the $ spends nowhere when its tanked.
In economics, the term recession generally describes the reduction of a country's gross domestic product (GDP) for at least two quarters. Technically, we're not a recession yet as Q1, Q2 both showed growth, Q3 showed a slight drop, and Q4 is probably going to also. We're at a plateau with what looks like the "official" recession coming soon.
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post #16 of 16 (permalink) Old 12-19-2008, 05:36 PM
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Quote:
Originally Posted by TexasDevilDog
Here is the USD v Euro http://finance.google.com/finance?q=USDEUR

Click on YTD to see the bubble that occurred in the US$ this fall. The same is true of all currencies except for the Japanese Yen, which is unwinding the Yen carry trade. When interest rates went to zero in Japan, many people borrowed money in Yen and invested else where. Well, that money is flowing back in to Japan now.
look at it on the 5-year chart...it looks like the dollar made a quick "come-back" against the euro but still hasn't come close to its high of around .90.
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