Just change your currency.

That's what I do. I exchange it to gold and silver.

Jesus you peeps are really stoopid
 

Its not the Bush or Obama economy that you want back, its the pre 2008 economy.

That economy was a different lifetime. But it was created over a 20 year period of increasingly unfettered free markets. Increased de regulation of financial institutions and markets, and most importantly massive over trading of assets brought about by technological advances.

Calling it Bush or Obama's fault is ridiculous. Bush senior, Reagan, Clinton, Lawson et al these are the real culprits of the enormous bubble that had to burst.

i am almost 40 now, many things were supposed to happen like running out of oil, new ice age, sea level rising, countries and economics collapsing etc. blabla...

nothing that affected me personally ever happened so i stopped caring to read those doomsday news. :2 cents:

Better if its not. I buy macaroni and spam in bulk.

It's pretty quiet in Brno town.

Don't forget running out of food ... it was scientific fact backed by stats that we were going to run out by the 90's ... didn't happen.

Ya the issues in the US are all because of Obama. The damage was long done before he got into office. Is he doing a good job cleaning up the mess? No, but he didn't make the mess.

The rest of the world can sit back and enjoy the mess that G.W. Bush made. Cheers to America!

Bad dollar is hurting international webmasters even more! :2 cents:

this kind of rumor, can be very dangerous for small countries like mine, and we had many problems with the dollar and rumors, many people may pay dearly.

Yeah almost as bad as DWB quoting a Canadian news source, based on a Reuters story, about a six month old report created by the U.N. regarding U.S. economics :1orglaugh:1orglaugh

Luckily the Dow Jones charts don't change from news source to news source.

But go ahead and be afraid of the dollar collapsing based on a U.N. report whos department is headed, and controlled by, a Chinese born and bred diplomat, and former Chinese ambassador: Sha Zukang - He's also known as Chinas John Bolton.

It kinda sucks that a Canadian news source would help propagate militant Chinas agenda against the U.S. but Canada is losing money too. Strange bedfellows. Well that's your education for the day. Back to work here :thumbsup

http://shanghaiist.com/attachments/s...-relations.jpg

You're the only one pretending that inflation adjusted, the dow is actually up right now lol. Also you'd be dead wrong, as usual. It's up because of quantitative easing, aka artificial growth. But yea, keep your money there see what happens:)

good thing I held on to some Euros when I was in Italy a few months back :thumbsup

I agree a lot with what Marc Faber says on this (May 25th).......

http://www.bloomberg.com/video/70183756/

Impending Collapse of the Gold Bubble
 

Here is a link to a pretty in-depth article concerning the price of gold for your enjoyment:

Click here for link.

No Fear, Just Knowledge!:pimp

it's an update on a 6 month report.

it kinda sucks that canadian news would report the news? the UN is a world body, and i don't see how your prejudice is relevant to an approved report issued by the UN

anyway, the others posted a bunch of links, so..

Yes, as I said, try and keep up, no actually :boid

Ah yes the updated part of the report was where they cut Japans estimated growth due to the tsunami and they BOOSTED their forecast for U.S. gross domestic product growth this year. the sky is falling

Weird, first you insult me, then I post info, then you mis quote me. 2nd person to mis quote me about this. Where is the honest discussion and debate? oh wait, never mind lol :Oh crap :hi:warning

i don't believe i have insulted you. i apologize if you feel that i have

furthermore, the article is written by someone in the UK

Using this writer's own graphs we're in the "media attention" phase. Looks like there's a big run up to ensue, that will last years. Yes, there will be a time to sell, but it isn't now.

http://static.seekingalpha.com/uploa...artProphet.png

http://static.seekingalpha.com/uploa...het_origin.png


On the flip side: China added 93 tons of gold from Jan to April, a 55% increase from last quarter and became the world's largest consumer of gold. Seeking Alpha does have some good writers, but I'd bet on China over them any day.

Chinese set new standard in buying gold

The fact that you attribute this to confidence as opposed to inflation and artificial growth shows us exactly how little understanding you possess.

Sweet looks like I'm in good company.

5.26.2011 Brazil stocks rise after U.S. confidence data

5.27.2011 Consumer Confidence Boosts US Equity Markets

4.20.2011 Forex News – U.S. Earnings Boost Confidence, As Markets Recover

1.25.2011 Consumer Confidence Index jumps in January

Of course you'll make up some reason why
the NYTimes, Forex, WSJ, Nasdaq.com, foxbusiness, cnn, the financial times, etc.
are all wrong. After all, it's a conspiracy and America is
on the brink of destruction! :1orglaugh

I'm out filming the rest of the day, enjoy :pimp

It's all good here thanks for that.

Patrick Worsnip works for reuters in NY covering the U.N. He could be British but he's been living in NY and covering the U.N. there for years, he's not in the U.K.

Indeed.

I read an interesting article a few months back about how the world is only a few more large natural disasters from a food crisis.

Don't know what food prices are in the US or Europe right now, but they are rising in Asia fairly fast. Everything here is rising, be it due to inflation or lack of product due to natural disasters, it's all going up. Even the cost of my razors just went up a little over $1 dollar within the past few months. :Oh crap

China is buying all the gold to help stop the manipulation of golds value.

Gold has crashed before... don't think it can't happen again.

They've been afraid of the dollar failing since the early 2000s We'll see what happens, but I'm not going to cry doom unless we start seeing stronger indicators.

well, written by someone for a newspaper based in the UK, in any case.

my point was now you have two 'strange bedfellows' that are simply reporting news

freedom of expression.. and all that

next year it will start i think.. i am still hearing of flooding in different areas, most farm communities. think it will only hit the fan if it here is fuel price issues at the same time

One world currency just around the corner.

We had a shortage of sugar a few months ago due to floods. Palm oil too. There was some fighting breaking out in rural areas for a while over it. Then in some areas that have been growing rice for 100s of years hasn't seen a drop of rain in a long time and can't grow anything. To make matters worse, some other farm areas who have drilled water well to irrigate their land, are running out of WATER.

Doesn't take a rocket scientist to see what's coming down the road.

IMHO, the rise and fall of currency is the least of our problems.

Hookers are still the same price as 10 years ago in TH, while they got way more expensive in Europe. Strange ////

I just got back from New Zealand and the food prices were out of sight. $20 for a cheeseburger, fries and coke......same for breakfast. $30-50 for dinner, even a Chinese dinner.

Hotel room prices were about same as in USA and gasoline was about $1.70 a litre.

lolwut?

http://dailyreckoning.com/files/2010...04-07-10-1.gif
http://marketblog.files.wordpress.co...ng?w=540&h=321
http://www.stringfellow.co.za/wp-con...march-2011.jpg

:1orglaugh

China is not the only central bank aggressively acquiring gold. No problem listening to central banks which are very serious entities but youd also look at the views taken by regular banks, most of which support higher gold prices or at least they do on a two year view in most cases.

http://www.moneynews.com/StreetTalk/...5/10/id/395785

What does trailing PE ratio have to do with anything? price of stock is based on future income and growth, not on trailing income... :2 cents:

if anything, relatively high PE ratio in this graph suggests expected high growth rate in the future... :2 cents:

Some gogo girls have gone up a little, but freelancers haven't changed for as long as I've been coming here. That is strange. I guess pussy is inflation proof. :upsidedow


Nuts. Those were just normal places?

http://www.marketoracle.co.uk/images...-crash-5-2.gif

http://www.oftwominds.com/photos10/D...-inflation.jpg

Ever heard of too big to fail?

If we collapsed, the entire world would be fucked in the ass. No aid to about 140 nations of the world that depend on it. No trade with the top 8 nations that depend on it.

China, the Middle East, Japan, Asia for that matter... would all be back in the dark ages.

Not really, if we collapsed, China would have a few hard years and emerge stronger than it ever could imagine because it's not bogged down by our debt in their vaults.

Yes, they were just normal places....as far as I could tell.

I remember like $45 NZD for a buffet dinner of typical NZ food.