Listen up, boys
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Listen up, boys
I know that Magic is holding Ben Franklins ($100 bills). If the rest of you guys are also holding U.S. Dolars (Federal Reserve Notes), then I strongly encourage you to get OUT of those dollars, and into Gold and/or Silver.
And do it soon
Trust me on this.
And do it soon
Trust me on this.
Re: Listen up, boys
Just so you know, I have every last cent to my name in the forex market, so I'm making money that way (instead of protecting my balance via gold and silver). Those traitors in Washington are aggressively debasing the dollar in order to erase the unpayable debt they created, so in another 2 or 3 years, expect the U.S. Dollar to be worth about one-tenth of what it's worth now. We are currently about 125 trillion in debt. That's not a typo....125 trillion.
I'm not shitting you. Just to give you an idea of how much money that is, even if we made daily payments of 100 million, it would take over 3000 years to pay off 125 trillion.....and we couldn't spend one dime on anything else during those 3000 years.
And the enemy Federal Reserve can't raise interest rates to fight inflation that's coming, because if they do, they won't be able to make the mininum payments on the 125 trillion!! So the rates are sitting at ZERO.
Therefore, instead of defaulting on that debt, their plan is to debase the currency until it's worth about one-tenth of current value, then they'll be able to pay off that 125 trillion for around 13 trillion. Doing this allows them to "pay off" their debt and not default on it.
And guess who gets crushed as the currency crashes? People who have trusted the government all their lives....saving their money, playing by the rules hoping to retire on a fixed income. Well, they have all been FUCKED.
I've been screaming about this over on the ESPN political board for 10 freaking years. And everything I have been warning about is coming to pass. If you'll remember, I also warned that this whole thing would result in some kind of uprising, or revolution, because as our standard of living is destroyed along with the value of the currency, it's the middle class that will be WIPED OUT. This is beginning to happen now. It may or may not be a violent revolt, but the shit is going to hit the fan over the next several years.
Anyway, the currency debasing will destroy you if you don't act now. We are seeing the last days of the U.S. Dollar used as the world's reserve currency. Other governments around the world are now preparing a new reserve currency to use. This means that commodities such as oil will no longer be priced in U.S. Dollars around the world.
So either take my advise now, or you'll be Sarrr--reeeeeee
By the way, during the next couple of years, gold will rise to between $2,000 and $5,000 per ounce as the U.S. Dollar is intentionally crushed by the Washington Traitors.
I'm not shitting you. Just to give you an idea of how much money that is, even if we made daily payments of 100 million, it would take over 3000 years to pay off 125 trillion.....and we couldn't spend one dime on anything else during those 3000 years.
And the enemy Federal Reserve can't raise interest rates to fight inflation that's coming, because if they do, they won't be able to make the mininum payments on the 125 trillion!! So the rates are sitting at ZERO.
Therefore, instead of defaulting on that debt, their plan is to debase the currency until it's worth about one-tenth of current value, then they'll be able to pay off that 125 trillion for around 13 trillion. Doing this allows them to "pay off" their debt and not default on it.
And guess who gets crushed as the currency crashes? People who have trusted the government all their lives....saving their money, playing by the rules hoping to retire on a fixed income. Well, they have all been FUCKED.
I've been screaming about this over on the ESPN political board for 10 freaking years. And everything I have been warning about is coming to pass. If you'll remember, I also warned that this whole thing would result in some kind of uprising, or revolution, because as our standard of living is destroyed along with the value of the currency, it's the middle class that will be WIPED OUT. This is beginning to happen now. It may or may not be a violent revolt, but the shit is going to hit the fan over the next several years.
Anyway, the currency debasing will destroy you if you don't act now. We are seeing the last days of the U.S. Dollar used as the world's reserve currency. Other governments around the world are now preparing a new reserve currency to use. This means that commodities such as oil will no longer be priced in U.S. Dollars around the world.
So either take my advise now, or you'll be Sarrr--reeeeeee
By the way, during the next couple of years, gold will rise to between $2,000 and $5,000 per ounce as the U.S. Dollar is intentionally crushed by the Washington Traitors.
Last edited by mighty_colts on 10/15/2009, 8:31 am; edited 1 time in total
Re: Listen up, boys
Too late brother, Gold has peaked, the time to get in was 2 years ago when it was 4-500 an ounce, its at 1050 now..It aint going much higher than that.
And when the economy turns, and it is in the process of turning, its going to fall and fall fast.
And when the economy turns, and it is in the process of turning, its going to fall and fall fast.
cravnravn- Retired
- Number of posts : 5888
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Location : Deltona, FL, Fizzled Out
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Re: Listen up, boys
Im in Mighty, I got a couple nuggets, but I got in cheaper than it is today..I got in at 800, Im always watching the gold prices.
I dont know why my Dad went that way but he was a huge fan of silver, and he started buying silver bars in the 60's..I brought home I know 15 lbs of Silver, going through his collection in August.
I dont know why my Dad went that way but he was a huge fan of silver, and he started buying silver bars in the 60's..I brought home I know 15 lbs of Silver, going through his collection in August.
cravnravn- Retired
- Number of posts : 5888
Age : 63
Location : Deltona, FL, Fizzled Out
Registration date : 2006-08-23
Re: Listen up, boys
The more metal you hold, the stronger your position will be.
Remember, gold and silver NEVER change in value. It's the worlthless fiat currency that flucuates.
Whatever an ounce of gold or silver bought back in the 60s, will buy the same thing today. For example, how much is a lobster dinner today? Probably around $20 per person. That's what an ounce of silver is worth today. But that same silver coin would have bought that same lobster dinner in 1965. How many of today's dollars would it take to by a lobster dinner in 1965?? Probably around $100.
Cravn!!! Load up on metals!!
Full Metal Jacket!!
By the way, your Pop was Wise
Remember, gold and silver NEVER change in value. It's the worlthless fiat currency that flucuates.
Whatever an ounce of gold or silver bought back in the 60s, will buy the same thing today. For example, how much is a lobster dinner today? Probably around $20 per person. That's what an ounce of silver is worth today. But that same silver coin would have bought that same lobster dinner in 1965. How many of today's dollars would it take to by a lobster dinner in 1965?? Probably around $100.
Cravn!!! Load up on metals!!
Full Metal Jacket!!
By the way, your Pop was Wise
Re: Listen up, boys
So which one of you wants to sell me a pound of gold for $300 per ounce???
Make that 2 pounds
I was at the bank today and the girl who was doing my stuff said she has a relative that was an executive at the former WaMu bank who had been there since is college days and he lost about $1,000,000 with his 401K (or something like that)
If that happened to me I would switch to being a bank robber
I watch Charles Payne when he is on FOXNews all the time and I trust him since he is blacker than Obama but didn't vote for him
You know if gold was guaranteed to rise to $2000 then I would buy $50,000 worth of the stuff but I am not lucky enough for that to happen.
It would probably just drop in price
I am just going to sit on my Ben Franklins and if the Civil War II starts.......well you know I am a Damn Yankee with a Desert Eagle.
http://www.wstreet.com/
Make that 2 pounds
I was at the bank today and the girl who was doing my stuff said she has a relative that was an executive at the former WaMu bank who had been there since is college days and he lost about $1,000,000 with his 401K (or something like that)
If that happened to me I would switch to being a bank robber
I watch Charles Payne when he is on FOXNews all the time and I trust him since he is blacker than Obama but didn't vote for him
You know if gold was guaranteed to rise to $2000 then I would buy $50,000 worth of the stuff but I am not lucky enough for that to happen.
It would probably just drop in price
I am just going to sit on my Ben Franklins and if the Civil War II starts.......well you know I am a Damn Yankee with a Desert Eagle.
http://www.wstreet.com/
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Re: Listen up, boys
Just remember Magic, when the economy is good, gold falls in value..When the economy is bad gold rises faster than crude oil. Now we went through these economic hardships in the early 1980's, remember when interest rates were at 10-15%?? After we recoup from these hard times and things get better, gold prices will fall, thats when snag up the gold,
Caus if history is right, we should hit these economic hardships again in 2030's..
Its right around the corner.
Caus if history is right, we should hit these economic hardships again in 2030's..
Its right around the corner.
cravnravn- Retired
- Number of posts : 5888
Age : 63
Location : Deltona, FL, Fizzled Out
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Re: Listen up, boys
Yeah that is why I never buy the stuff Cravn
When it was real cheap I just didn't have the extra Ben's and still remember just having an extra $6000 in the 1980's and was thinking about investing that into this new company called Microsoft
Now I wish I would have did that!
I just figure it is on a cycle just like the weather....so I will just keep stacking the Ben's since I really can't imagine being around long enough for it to matter to me and all of my stuff is payed for so the only thing they can do is raise the price of heat and power so high that nobody can cover that.
Btw.......only burned ONE bag of stove pellets so far this fall
I plan on picking up a ton while it is still at $199 per.
Still haven't got the word on the brake job on the Jag.........but if you ever check one out they put the rear discs under the back seat and they aren't even connected to the rear wheels like a normal car
.....nobody ever left me silver or gold........well a couple silver dollars but some pricks stole them from my house back before I owned a gun.
hasn't happened since of course
When it was real cheap I just didn't have the extra Ben's and still remember just having an extra $6000 in the 1980's and was thinking about investing that into this new company called Microsoft
Now I wish I would have did that!
I just figure it is on a cycle just like the weather....so I will just keep stacking the Ben's since I really can't imagine being around long enough for it to matter to me and all of my stuff is payed for so the only thing they can do is raise the price of heat and power so high that nobody can cover that.
Btw.......only burned ONE bag of stove pellets so far this fall
I plan on picking up a ton while it is still at $199 per.
Still haven't got the word on the brake job on the Jag.........but if you ever check one out they put the rear discs under the back seat and they aren't even connected to the rear wheels like a normal car
.....nobody ever left me silver or gold........well a couple silver dollars but some pricks stole them from my house back before I owned a gun.
hasn't happened since of course
Bookie Challenge
Original Rookie of the Year
BC CHAMPION 2018
BC CHAMPION 2019
BC CHAMPION 2024
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https://tinyurl.com/OfficialBookieChallenge
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Re: Listen up, boys
Damn Magic, Ive already burned 1/4 tank of oil and its not even Nvember..I think we are in for a bad winter.
When we built this place, we took our pellet stove from the house in B-More, its been sitting in the basement collecting dust for 9 years. Terri mentioned why dont we hook it up, maybe it'll cut down on heating costs, since the basement is unfinished.
I go to Home Depot, they stop carrying pellet stove accessories, so we go to the local hardware store, they want 65.00 for a 3ft section of pipe, I need 3 of those. then they want 58.00 for the 90 degree angle pipe, 30.00 for a foot section and 45.00 for a piece of shit tin cap.
The cheapest I can get pellets is 259.00 a ton., and to think, I purchased that stove in 1993 for a little over a grand, and pellets were under a buck a bag.
If I could find a press, there are 3 mills within 10 miles of me in Md and Pa, I could make my own pellets. And one of those mills doubles as a cabinet making shop, where you know they only use the fine oaks.
With the Purple Birds heading into a bye week next week, I think I have my Sat-Sunday project, the fun part will be drilling a 4" hole thru the cinder block.
When we built this place, we took our pellet stove from the house in B-More, its been sitting in the basement collecting dust for 9 years. Terri mentioned why dont we hook it up, maybe it'll cut down on heating costs, since the basement is unfinished.
I go to Home Depot, they stop carrying pellet stove accessories, so we go to the local hardware store, they want 65.00 for a 3ft section of pipe, I need 3 of those. then they want 58.00 for the 90 degree angle pipe, 30.00 for a foot section and 45.00 for a piece of shit tin cap.
The cheapest I can get pellets is 259.00 a ton., and to think, I purchased that stove in 1993 for a little over a grand, and pellets were under a buck a bag.
If I could find a press, there are 3 mills within 10 miles of me in Md and Pa, I could make my own pellets. And one of those mills doubles as a cabinet making shop, where you know they only use the fine oaks.
With the Purple Birds heading into a bye week next week, I think I have my Sat-Sunday project, the fun part will be drilling a 4" hole thru the cinder block.
cravnravn- Retired
- Number of posts : 5888
Age : 63
Location : Deltona, FL, Fizzled Out
Registration date : 2006-08-23
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