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Old 07-24-2013, 03:39 PM   #676
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Old 07-24-2013, 04:26 PM   #677
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Fear of reality. You're in denial if you believe the US Dollar will be the reserve currency forever, and Americans can continue to live beyond their means like they have for the last 70 years. Anything other than that will be the end of the world as Americans know it.
The difference though is that "some people" are imagining roving bands of mobs and a post-apocalyptic scene directly out of Hollywood. The US may fall, but it won't be out of the Top 5 for a very long time. Quality of life may no longer support two cars, a boat and a 3500 sq ft house, but it's definitely not going to necessitate a bunker, 5 years worth of beet seeds and 100,000 rounds of ammunition.

Infrastructure and interdependence are too firmly entrenched to let that happen unless the rest of the world goes through the same thing.

So unless an asteroid hits or Yellowstone blows up or a zombie apocalypse happens, the preppers (and the people who buy gold as a hedge against economic collapse) are just wasting their time and money.

If an asteroid does hit, then it will just be the gold buyers that look dumb.
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Old 07-24-2013, 04:48 PM   #678
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The difference though is that "some people" are imagining roving bands of mobs and a post-apocalyptic scene directly out of Hollywood. The US may fall, but it won't be out of the Top 5 for a very long time. Quality of life may no longer support two cars, a boat and a 3500 sq ft house, but it's definitely not going to necessitate a bunker, 5 years worth of beet seeds and 100,000 rounds of ammunition.

Infrastructure and interdependence are too firmly entrenched to let that happen unless the rest of the world goes through the same thing.

So unless an asteroid hits or Yellowstone blows up or a zombie apocalypse happens, the preppers (and the people who buy gold as a hedge against economic collapse) are just wasting their time and money.

If an asteroid does hit, then it will just be the gold buyers that look dumb.
Happiness and peace are a state of mind. Some people have chosen to live in an apocalpytic state of mind since the 60's.

"Oh the 60's were the glory years we will never be that free again"
"The 70's they were the best!"
"Y2k....hide!"
"9-11 this is the big one"
"2012!!!!"
"2014 this has to be it"

so on and so on......

All of a sudden 50 years passes you by and you never lived at peace.

If a nuclear bomb hit my house today I would care less because ya'll are going with me anyway.
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Old 07-25-2013, 10:26 AM   #679
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Meck - what a bunch of BS. Baja has made it clear he enjoys life -- and I do as well

It's about waking up to reality --

The biggest problem now is mind control.

People are not aware of the true extent of government lying -- on a range of issues -- and when I say gov't I include corporate America.

The gov't now serves the too bigs. simple as that
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Old 07-25-2013, 10:34 AM   #680
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Fear of reality. You're in denial if you believe the US Dollar will be the reserve currency forever, and Americans can continue to live beyond their means like they have for the last 70 years. Anything other than that will be the end of the world as Americans know it.
I'm not the one who has issues dealing with reality. Baja envisions an apocalypse resulting in an agrarian society, which is not what the things you describe (which I don't dispute) would cause.
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Old 07-25-2013, 06:14 PM   #681
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Meck - what a bunch of BS. Baja has made it clear he enjoys life -- and I do as well

It's about waking up to reality --

The biggest problem now is mind control.

People are not aware of the true extent of government lying -- on a range of issues -- and when I say gov't I include corporate America.

The gov't now serves the too bigs. simple as that
One cannot be at peace if they are in constant attack mode. How one interacts in this community is a reflection of life.

Anger and living in the past are wasted emotions/energy.

Who rules the world is irrelevant to ones personal inner peace.

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Old 07-25-2013, 06:45 PM   #682
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One cannot be at peace if they are in constant attack mode. How one interacts in this community is a reflection of life.

Anger and living in the past are wasted emotions/energy.

Who rules the world is irrelevant to ones personal inner peace.

Dude you crack me up - You really think you have a clue about my inner peace by reading a message board.

You have no clue about who I am. Hell you don't even understand the point of most of my posts. You think I hate the USA while in fact I am pointing out there is a takeover of the USA by sinister outside forces

Now lets see you post a pic of a lizard.

You're pretty dumb Meck.
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Old 07-25-2013, 07:01 PM   #683
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Dude you crack me up - You really think you have a clue about my inner peace by reading a message board.

You have no clue about who I am. Hell you don't even understand the point of most of my posts. You think I hate the USA while in fact I am pointing out there is a takeover of the USA by sinister outside forces

Now lets see you post a pic of a lizard.

You're pretty dumb Meck.
No, he's pretty spot on, actually. "Sinister outside forces" would not affect your "inner peace" if you actually had any.
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Old 07-25-2013, 07:22 PM   #684
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No, he's pretty spot on, actually. "Sinister outside forces" would not affect your "inner peace" if you actually had any.
My only reason for posting what i do is in hopes of waking up people because if enough people wake up the worst case scenario can be avoided. It is so easy to stop this if enough people wake up. Consider my effort a public service. Either way I will be fine because I, like all humans, am not my body.

It is amazing how so many of you project your latent fears onto messengers like Mark and myself. It is guys like you and Meck that harbor latent fear of the future I warn about, You know it is coming, you feel it but you can't accept this reality because it's just too damn scary. That is why you can't allow yourself to see these things as they are even though they are in plain sight. Like Jack Nicholson said, "You can't handle the truth".


None the less I see it as my duty to try and enlighten you as to what is afoot.
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Old 07-25-2013, 07:38 PM   #685
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My only reason for posting what i do is in hopes of waking up people because if enough people wake up the worst case scenario can be avoided. It is so easy to stop this if enough people wake up. Consider my effort a public service. Either way I will be fine because I, like all humans, am not my body.

It is amazing how so many of you project your latent fears onto messengers like Mark and myself. It is guys like you and Meck that harbor latent fear of the future I warn about, You know it is coming, you feel it but you can't accept this reality because it's just too damn scary. That is why you can't allow yourself to see these things as they are even though they are in plain sight. Like Jack Nicholson said, "You can't handle the truth".


None the less I see it as my duty to try and enlighten you as to what is afoot.
You need to watch this vid: http://www.orangemane.com/BB/showpos...9&postcount=29
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Old 07-25-2013, 08:37 PM   #686
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Well the real story is what PCR has been telling you doofs -- the fed has no wiggle room to fix anything.

There are no policy solutions -- assuming the status quo of protecting the too bigs.

The real solution would be to step back and watch them collapse -- like Madoffs ponzi scheme
MHG
Do you jerk off to this guy or what? Or do you show up and just blow him?
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Old 07-25-2013, 08:42 PM   #687
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That's pretty funny.

Terrorists are not our problem.
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Old 07-25-2013, 09:29 PM   #688
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Here's one for you;

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Old 07-26-2013, 02:09 AM   #689
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Do you jerk off to this guy or what? Or do you show up and just blow him?
It's rare when someone tells the truth. Apparently you don't give a shyte.

Fine. Be a slug. Live a slug's life. At some point you may be stepped on.

MHG
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Old 07-27-2013, 08:48 AM   #690
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It's rare when someone tells the truth. Apparently you don't give a shyte.

Fine. Be a slug. Live a slug's life. At some point you may be stepped on.

MHG
so you admit you have his balls in your mouth..
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Old 07-31-2013, 05:37 PM   #691
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CEO Eric Sprott says we have seen the bottom on gold - - from here we go up up up

The shorts are running scared... it's about to turn...


http://www.kingworldnews.com/kingwor...ic_Sprott.html
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Old 07-31-2013, 05:47 PM   #692
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Swiss Finance manager says the bond market will collapse in the biggest meltdown the world has ever seen...

http://www.kingworldnews.com/kingwor...n_Greyerz.html
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Old 07-31-2013, 11:34 PM   #693
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Swiss Finance manager says the bond market will collapse in the biggest meltdown the world has ever seen...

http://www.kingworldnews.com/kingwor...n_Greyerz.html
Yawn...so when is gold hitting 2k? Thought that was in 07?
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Old 08-01-2013, 05:42 AM   #694
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Yawn...so when is gold hitting 2k? Thought that was in 07?
It got close enough for some of us to make a handsome profit. Currently I'll be staying out of the gold market it is being manipulated so no thanks.

and being liquid in dollars is just as stupid.
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Old 08-01-2013, 10:56 AM   #695
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Gold is a sucker bet
date: 07/08/2013
price: $1,238/oz (on it's way up from $1200)

today's price: $1,311/oz.

Only the suckers sold their gold in the low $1200's. It won't be back down there for a long time.
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Old 08-01-2013, 10:58 AM   #696
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Yawn...so when is gold hitting 2k? Thought that was in 07?
$79. That's how close it got to 2k. It will be back up there before it ever drops to 1K.
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Old 08-01-2013, 11:09 AM   #697
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Originally Posted by Arkie View Post
date: 07/08/2013
price: $1,238/oz (on it's way up from $1200)

today's price: $1,311/oz.

Only the suckers sold their gold in the low $1200's. It won't be back down there for a long time.
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It got close enough for some of us to make a handsome profit. Currently I'll be staying out of the gold market it is being manipulated so no thanks.
5.8%? Weak. In the current market that chump change. I've gotten a 30% overall return on my rather conservative investments in that three weeks.

In the span of the last 6 months, I have close to a 300% return (take out the one lucky pick, and it's still 150% or more). Gold is still down 20% in the last 6 months. Even my conservative mutual fund retirement investments have returned 40% in the last 6 months.

And, when things take a downturn (as they inevitably will) I'll probably cash out and pay off my mortgage and will then have real wealth rather than shiny chunks of useless metal.
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Old 08-01-2013, 03:36 PM   #698
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5.8%? Weak. In the current market that chump change. I've gotten a 30% overall return on my rather conservative investments in that three weeks.

In the span of the last 6 months, I have close to a 300% return (take out the one lucky pick, and it's still 150% or more). Gold is still down 20% in the last 6 months. Even my conservative mutual fund retirement investments have returned 40% in the last 6 months.

And, when things take a downturn (as they inevitably will) I'll probably cash out and pay off my mortgage and will then have real wealth rather than shiny chunks of useless metal.
That's great!
I bet gold outperforms the Dow over the next 6 months. We can bring this thread back up when it does. Then you can tell us how your portfolio grows over the next 6 months. You can list the stocks now or just wait and post them in 6 months after you cherry pick the winners.
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Old 08-01-2013, 04:13 PM   #699
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That's great!
I bet gold outperforms the Dow over the next 6 months. We can bring this thread back up when it does. Then you can tell us how your portfolio grows over the next 6 months. You can list the stocks now or just wait and post them in 6 months after you cherry pick the winners.
And what if it does? Like I already showed, the DOW has outperformed gold over the long term since its inception, by a large margin. And that's the DOW, not individual portfolios that are carefully managed.

I could lose almost everything and I'd still be ahead of gold. I started investing about 5 years ago. Gold is up 43% in that time. I'm up nearly 1000% on the original money I invested 5 years ago (my cumulative return is significantly less, but only because I keep adding to the pot).

Predicting that the markets are going to correct sometime in the near future is about as lame a financial prediction as a person can make. We're almost 5 years into a bull market and the average bull market only lasts 5-7 years.

Besides -- when the markets correct, that's good. Just means everything's on sale. Sell high, buy back in low.

Last edited by Fedaykin; 08-01-2013 at 04:31 PM..
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Old 08-01-2013, 05:30 PM   #700
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And what if it does? Like I already showed, the DOW has outperformed gold over the long term since its inception, by a large margin. And that's the DOW, not individual portfolios that are carefully managed.
I'm not disputing that. Gold was at a fixed price for most of that time. The Dow and gold have performed about the same since the early 70's when we dropped the fixed price. Gold performed better from 1970-2011. Gold has performed better since 1999 even with the Fed throwing every trick at Wall Street.

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I could lose almost everything and I'd still be ahead of gold. I started investing about 5 years ago. Gold is up 43% in that time. I'm up nearly 1000% on the original money I invested 5 years ago (my cumulative return is significantly less, but only because I keep adding to the pot).
I agree. The Dow has outperformed gold over the past 5 years, but that's only been true over the last 7 months when gold tanked. Gold is cheap again. Also, keep in mind the Fed is running out of tricks. They've set fed rates to 0% four years running, bailed out Wall St, implemented QE1, QE2, and an open-ended QE3.

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Predicting that the markets are going to correct sometime in the near future is about as lame a financial prediction as a person can make. We're almost 5 years into a bull market and the average bull market only lasts 5-7 years.
So we both agree on this too. It may not be such a lame prediction though. The buyers are betting we're wrong.


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Besides -- when the markets correct, that's good. Just means everything's on sale. Sell high, buy back in low.
I agree, but somebody has to be willing to buy high for you to sell at that price (or sell to you at a low price after holding the bag on the way down.) It's only good for half the people at the top and half the people at the bottom. Even fewer people manage to position themselves in both the right half at the top and the bottom.
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