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pahunkboy -> RE: China's concerns about the dollar's value (3/13/2009 11:48:47 AM)
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In effect, we robbed China. Lets recall that China was a great power for a few centuries. The Great Wall of China shut it off from the world- and Maw-se-tongue wrecked things.
But China has alot of wealth. Tho it has alot of population.
The British Empire is gearing up, the go to war with Russia and China. It is noteworthy that China population had grown, where as European culture killed millions of Europeans.
A "New World Order" also does not mean the you or I will have a place at the table. The middle class is now being wiped out. This is done by design.
Study the Kzazck Empire of the 4th century. This same group rules the world today.
You should be gathering gold, silver, food, and a way to protect your family as well as water filters.
I expect that the market will go up abit for now. By years end tho- the DOW could be 3800. At that point, pensions will be cut in 1/2, 6-12 months later, Social Security will also be cut in half.
500 ounces of Silver will buy you a decent average house.
acreage could later sell for $1 an acre.
If they introduce a new currency, you will have 30 days to turn in the old stuff. For every $10, you will get 1 new dollar. Tho even that might be generous. Mortgages, pay and some prices will also adjust-- as much of this can be done with a computer entry.
It is not possible to devalue the dollar. That is because, it can not be redeemed for gold/silver/widgets.
It is not backed by anything but a promise.
Pay close attention to the farmers. Monsanto is up to no good, but more then that- many farmers are not getting the crops in. A farmer gets say 1/2 up front for seed, ferilizer, fuel; this in the form of a loan from the bank. Locally, PA dairy farmers are close to dumping milk as it costs more to make then it is worth.
Forget any paper promises. FORGET THEM!
Gold/silver in your hands is your key to the future.
Real Estate will continue to decline, and some of it- will be of a liablity.
Right now- tax money is not coming into fed, state, county, city, coffers.
Of Social Security.
The illuminatti play this move every 80 years or so. It transfers vast amounts of wealth to a few well connected people.
You are being conned right now. YOU. The market is not going to get better- values of houses are NOT going to increase.
Anything that you cant hold in your hand, and put on a shelf to display- is fake.
Much paper is what is known as counter party risk. That means a 3rd person must complete their duty or promise.
This is not a recession. It is at best a depression. The middle class WILL BE WIPED OUT. Especially those who listen to the TV set.
Study history. Over 5000 years, gold and silver is wealth. Not - Oh I promise you I will pay you.
Do what you want. It is no skin off of my nose if you lose everything. I might be able to buy it up later for pennies.
If all the silver on earth with divided up, each person could own 1/15 of an ounce. Last I checked Obama cant make trillions more.
If you think paper promises mean something, then I guess that is how it is. You can only control you, you can not control counter party risk.
The people who have figured out this game, will do ok later. And later is coming pretty fast.
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