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stratocasterca

09/19/08 8:51 PM

#23789 RE: vip1999 #23788

your third paragraph is worth stealing. it is a great summation.
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RedneckInvestor

09/19/08 9:52 PM

#23790 RE: vip1999 #23788

Sorry, VIP, but I don't believe there's any force in the universe that can save us from ourselves. They're scrambling to get the right words together, long enough for another hard and fast rally before the bottom Really falls out, just to make sure they got the lion's share headed in the wrong direction.

I'm thinkin' we'll wake one day and realize it was all one big scam, build a fire, and pick up your favorite hunting rock before heading out to bring home the bacon.
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DeepBlue1

09/19/08 11:03 PM

#23792 RE: vip1999 #23788

The recipients will be all AMERICANS in the form of a "TAX" called inflation, exactly as it has been for the last 7 yrs.

All the mouthpieces for the administration and the big money interests are doing their damndest to prevent the word "inflation" from becoming the word of choice and the subject of discussion, and so far they're doing ok, but it's beginning to leak out in conversations from those with a bit more honesty in their character.

It's the 800 pound gorilla, the big white elephant in the room and everybody will figure it out sooner or later. I heard the first mentions of it tonight, and the speaker was adamant about it in his conversation with Ali Velshi of CNBC fame. Velshi did his best to derail that train of thought and change the subject but it was too late.

The other guy(can't remember his name) was IMPLORING people to not fall for the line that "your money is now safe, and not to worry", saying that the real thievery will come in the form of inflation and the destruction of buying power of the USD. He then begged his listeners to pull their money out of cash and to buy gold and foreign currencies before it was too late.

Too late is a relative word, and the inflation effect may in fact take a while to kick in.(How long does it take for the newly printed dollars to be created and flood the world?)

But too late can also mean...before EVERYBODY ELSE FIGURES IT OUT and drives the price of gold/silver/other currencies out of reach to gain any of the protection it might afford to those who act soon enough.