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Old 11-09-2010
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they're as old as your dad ..lol

jk
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Old 11-10-2010
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Probably much older than your dad Kikki

(I'm old enuf to take money out of my 401K or IRA tax free accounts without paying penalties!)

Mr Scott - much worse - no comparison worse

If you read the wall street journal today, commodity prices are way up, not just gold and silver but corn, soybeans, etc. You might want to start hoarding canned vegetables and soups etc, anything with a long shelf life cause it's only goint to get worse from here

Part two of exposing the "spooky dude" George Soros on Glenn Beck today. Scary shit I'm telling ya, you really should watch cause the shit's gonna hit soon


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I am a non politial spokesperson. The views contained in the above referenced material do not necessarily reflect the views of the website owner(s) and are my opinions based on research and reading following what's happening in the world via Fox News and the Wall Street Journal. Any viewers who believe Glenn Beck is a nut, or, believe that MSNBC, NPR, or the New York Times ares the true source of unbiased news and opinion should disregard this post for mental health maintenance purposes. There is no implicit or implied liablities upon any individuals or institutions and all such afformentioned are fully indemnified hereof. It should be hoted however, the the person who took Keith Oberman's job has declared himself a socialist live on air and that this destruction of our Capitalist way of life is perfectly following the plan of William Ayers (former Weather Underground Radical bomber and current good friend and sponsor of one B Hussein Obama) as financed by one George Soros. These are established facts, not conjecture and tend to support the opinions opined above.
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Old 11-10-2010
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just to reinforce what I said above on commodities, just found this online:

"Corn is up 45 percent in the last three months. After skyrocketing, cotton prices have reached historic levels (up 149%). Soybeans are up. Oil is up. Gold, copper and silver are up. So are coffee and cocoa. Beef prices are up. Almost every commodity is up by double digits.

Shadowstats.com, a website run by meticulous numbers man John Williams, gives a more accurate picture of inflation reality than proclamations from D.C. While the "official" government figure for inflation is 1.1 percent, Shadowstats proclaims a shocking 8.5 percent."


Dudes, don't mean to be the bringer of bad news, but... your my Bros and we're all about to be introduced to Obama's "Change", but there ain't gonna be no hope. Commodity prices rising with the official inflation rate at 1.1% is scary shit... it aint' natural. What will this stuff cost when inflation hits 5%, 10%, 50% ???

We are looking flat assed into the face of a worldwide depression Ain't gonna be no one to pull anyone elses butt out of the shit once the bottom drops out. And whats our government doing - printing, printing, printing ... either Obama's a total horses ass, or, things are going according to plan.

Keep your fingers crossed, and do what you can to get ready (my meager gold and silver purchases are already up )

Wish I was rich so I could buy more real quick, but, ain't gonna happen (we need a crying imoticon dammit lol)

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Old 11-10-2010
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some more coverage. QE2 in this instance is not the Queen Elizabeth 2, but the second round of "Quantitative Easing". A nicer sounding word than the second round of de-valuing the dollar.

Fed money-printing scheme
triggering bond price meltdown!
by Mike Larson

Dear Subscriber,

Larry Edelson

Since talk of new money-printing first surfaced a few weeks ago, 30-year bond yields have jumped sharply higher — from 3.46% to 4.32%. That's a 25% surge in borrowing costs!

It's the biggest interest rate rise in a year — and it's showing no signs of slowing. Yields surged yesterday after a lousy auction of 10-year Treasury Notes. Then they surged AGAIN today after the sale of $16 billion in 30-year Treasury bonds bombed.

Ironically, this is exactly what Bernanke said would NOT happen:

In fact, the Fed chief's main excuse for printing $600 billion over the next eight months was that the money was needed to buy up bonds and LOWER long-term interest rates!

But just as we warn in our online presentation, global investors in U.S. bonds are recoiling in horror — and for good reason:

They know that the Fed money-printing will drive the REAL value of their bonds down sharply!

No wonder they're dumping U.S. bonds, driving the prices lower!

And no wonder they're demanding higher yields, driving long-term interest rates higher!

Moreover, bonds are just ONE of the five asset classes directly impacted by the Fed's new money-printing scheme. The others are:

* Currencies. As the Fed drives down the value of the dollar, it drives UP the value of major foreign currencies. Meanwhile, right now — TODAY — the Fed's money printing plans are wreaking havoc at the G-20 meetings in Seoul, South Korea.

The main problem: Foreign nations are concerned that this massive supply of newly-created dollars will flood into their economies and drive their currencies through the roof!

* Precious metals. Despite a correction that began last night, gold and silver are still in massive, long-term bull markets.

* Agricultural commodities. Since QE2 talk began, commodities have been on a tear. They're rising even faster than bonds are falling.

* Stocks. QE2 has mixed impacts on the U.S. economy and stocks. But for emerging markets, the combination of strong domestic growth and a rapid influx of U.S. dollars has been extremely positive.

QE3 & QE4 are almost certain to follow.

Funny, no one wanted to buy our new money..... not good folks
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Last edited by MaadDaawg; 11-10-2010 at 10:12 AM.
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Old 11-10-2010
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Quote:
Originally Posted by MaadDaawg View Post
some more coverage. QE2 in this instance is not the Queen Elizabeth 2, but the second round of "Quantitative Easing". A nicer sounding word than the second round of de-valuing the dollar.

QE3 & QE4 are almost certain to follow.

Funny, no one wanted to buy our new money..... not good folks
Dr. Doom aka Rubini is saying he definitely sees QE3 & 4 and doesn't know if it will stop there. For those of you don't know this guy, he actually wrote a book on this whole crisis before it happened.
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