perhaps not basic consumer vehicles but air travel for sure my friend.
And you dont think we will have discovered another viable alternative within that time? For fucks sake, its been less than 100 yrs since we first flew, im darn sure we will find a way to keep flying within another 100.
"In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell
just curious do you know where to go to invest money ($ not euros) in some rare materials like cobalt, palladium, catalysers and other things like that ?
I love when the media and general consensus flips like this. A year ago it was all about dow 14k. Now its all doom and gloom.
I am a contrarian investor. I will start to short gold soon.
No shit, investing 101 says buy low and sell high. When the masses start talking about buying gold you know it is time to jump off that soon to be sinking ship...
Dollar is only going to get stronger now. Might drop a little bit in the next 3 months, but long term Europe is going to have to lower interest rates and we're on the verge of raising ours sometime soon.
rule #1: buy/sell when no one else is buying/selling.
so this is a wrong time to buy gold/oil (believe me, it's artificial price). it's right time to invest in banks that gave loans to china for Olympics 2008.
rule #1: buy/sell when no one else is buying/selling.
so this is a wrong time to buy gold/oil (believe me, it's artificial price). it's right time to invest in banks that gave loans to china for Olympics 2008.
WTF???? China has the biggest surplus in the solar system. Check here:
The states has turned into an overconsuming bankrupt POS
"The price of gold" won't matter so much to most people living in North America in the coming decades.. afterall, how could one determine the worth of any given thing by comparing it to a worthless thing? One could not.
Oil is one of our biggest problems. It's the largest and most important part of our egregiously horrible overconsumption. Oil is in the plastic covering everything you buy. Oil is necessary to bring that garbage to you. Oil is necessary for most methods of transport here in the states, period.
Not only is there not an unlimited supply of the shit, but, we won't always be getting away with handing over worthless dollars for energy, any way.
The banks have the control. Not you, not me, not even our government.
It will come to a point where they can create all of the funny money/credit they like or play with themselves(the rates) until doomsday without being able to stop everything from going straight to hell.
And do you think that they care if things go to hell?
They devalue your dollar, they come in and buy your everything for "pennies on the dollar".. they do what the fuck they want.
Other countries who are dollar based are learning their lessons quickly. They're heavy dollars, and they want out, the ONLY REASON they don't pull everything is because they'd immediately be making their own currency worthless. There will come a time when they will have to cut their losses.
Gold will go to $1600, hell.. gold will go to
1. Gold is Valuable
2. Dollars are ornamental
By the way..
It sure would fucking suck to get out of dollars and into gold only to find out that the fuckin' normal people had run the dollar price up even higher than it should have been. Then you'd lose money in the short term. That could really fucking suck to pay $900 or whatever it is only to have the normal peoples bubble to burst all over the place until it was back down to half that.
We KNOW the eventuality of this. It doesn't meam that it is a good idea to go out and put your entire being into fkn gold. What it does mean is that you should be in something with inherent value. Hedge your bets. Go buy some gold, some euros, some healthy overseas companies, you know the story... hedge those fucking bets, idiots ;)
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