Showing posts with label US dollar. Show all posts
Showing posts with label US dollar. Show all posts

Friday, October 31, 2008

War Of Attrition

http://www.gold-eagle.com/editorials_08/west102908.html

The gold price is going to explode due to the incredibly vast amounts of
liquidity (monetary aggregate) that has been put into the US (and world)
economies by their respective central banks. It's really a simple
concept. The more money placed into circulation (that is not directly
proportional to tangible wealth and economic activity) is vastly
inflationary, and devalues the currency. The world has placed at least
approximately $3 TRILLION of money into the economy over the last few
weeks. This is going to work to destroy the value of any currency, and
will cause a massive price explosion in tangibles, especially precious
metals. This may sound like a bunch of crap to the uneducated, but you
can mark my words, and a year from now, you will see.

The mainstream media is being used to mollify the concerns of the
average viewer who relies for all of his information from the
television. That is the same thing as the sheep asking 2 wolves what's
going to be served for dinner! It will take courage and great
understanding for the average person to stand up for his own interests,
and against the numerous rantings of the 'talking heads' placed on the
television as the financial experts. How have those stock investments
been working out for you lately? Even if you have nominally kept your
same cash values (which you probably haven't), you are also going to
lose big money when the US dollar starts to tank again. None of the
fundamentals that have weakened the USD have changed. In fact, they
have all deteriorated.

You need to start reading and learning something so that you can make
your own investment decisions. Even if you can't get that much
sophistication, you need to be asking your financial planner some very
tough, well-constructed questions about your portfolio, or you're going
to be another victim of the System.

Friday, October 17, 2008

Does The Bailout Pass The Smell Test?

http://www.rense.com/general83/snlkl.htm

It has been my opinion that this 'bailout' does not pass the 'smell
test' as well. One of the major problems has been the hyperinflation of
the US Dollar. It is creating price inflation simultaneously with wage
deflation, which is a double-whammy for most average working people. It
will only continue to get worse because the financial system will
require a lot more 'bailouts' if it is to survive. What the PTB are
doing (i.e., the 'bailouts') will only make the final denouement that
much worse than if they would have just left it alone. But these people
are going for the maximum profits and are hell-bent on inflicting the
absolute maximum amount of financial pain and destruction that they can
muster upon the heads (and pocketbooks) of the normal people of the US,
and of the world. This event is going to have consequences on most of
the economies of the world.

Tuesday, December 13, 2005

They thought they were free...

This is another excellent article, but also has some good insights that serve as a good preface to the main article. I must say that the preface is very good. I can personally verify the effects of orgone generators, as I have constructed some myself, and they definitely work, even though many of the effects are of a subjective nature. It is imperative that people take action, regardless of how small or large. If we do not resist tyranny, we are destined to be subjected to it, and to be victims of it. Maybe it is in the nature of humans to be victims of tyranny, as it appears to be a historic cycle. Maybe I am wrong, or am a part of a minority of people that just can't accept the 'go along to get along' failure strategy for living in society. But to me, living as a victim of tyranny is not living. It is more like merely existing.

It would appear to me that America has declined considerably since my childhood days. The value of the US Dollar has plummeted markedly. I remember when a decent new car was $3000. Now they are $30,000. Tha would represent an inflation rate of 1000% in about 30 years. When I was a kid, the US was the world's greatest creditor nation, and led the world in production. Today, we are the world's greatest debtor nation, and Japan and China lead the world in production. In fact, the productive capacity of this country has been virtually eliminated and/or exported out of the country.

Just some of my observations. Hopefully, I can wake up and see that it was all just a bad dream. But I appear to be wide awake with eyes wide open. Unfortunately, most of my fellow people appear to be fast asleep with eyes-wide-shut. There are consequences to both of these conditions. I'll let you contemplate them on your own.