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<blockquote data-quote="HDRKID" data-source="post: 45288" data-attributes="member: 43"><p>Hi peregrini:</p><p></p><p>What is coming is massive. However, we can survive.</p><p></p><p>TAKEN FROM <a href="http://finance.yahoo.com/news/Stocks-fall-on-worries-about-apf-515292663.html?x=0" target="_blank">http://finance.yahoo.com/news/Stocks-fall-on-worries-about-apf-515292663.html?x=0</a></p><p><em>"The U.S. and European economies are "dangerously close to recession," Morgan Stanley economists wrote in a report. "It won't take much in the form of additional shocks to tip the balance."</em></p><p><em>The Dow Jones industrial average was down 409 points, or 3.6 percent, to 11,001 at noon. The Dow was down by as much as 528 points about a half-hour into trading."</em></p><p></p><p>I bet heavily on gold going up. Also, I predicted that gold would go over $2,000 in 2005 when it was $400 and gold has been going up like a rocket to the moon. However, every year the debunkers would say - it is too high now.</p><p></p><p>Buying stocks is a great way to lose money. Most companies that were around 100 years ago are gone. Gold does not rust or tarnish and has been held as a store of value for thousands of years. I do not see a bright future for paper currency. In 1929 an ounce of gold was approx $20 an ounce. It will soon be $2000 an ounce. Well, this is not the case for wages. Those have not gone up 100X.</p><p></p><p>Debunkers believe that everything is fine and call people that hold gold crazy. However, here is what a Chinese person told me. That 100 years ago with an ounce of gold you could buy a milk cow. Today with that same ounce of gold you can still buy one cow. BUT, you cannot buy a whole herd of cows. If you could, then gold would be over price.<em> <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite38" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></em></p><p><em></em></p></blockquote><p></p>
[QUOTE="HDRKID, post: 45288, member: 43"] Hi peregrini: What is coming is massive. However, we can survive. TAKEN FROM [url]http://finance.yahoo.com/news/Stocks-fall-on-worries-about-apf-515292663.html?x=0[/url] [I]"The U.S. and European economies are "dangerously close to recession," Morgan Stanley economists wrote in a report. "It won't take much in the form of additional shocks to tip the balance."[/I] [I]The Dow Jones industrial average was down 409 points, or 3.6 percent, to 11,001 at noon. The Dow was down by as much as 528 points about a half-hour into trading."[/I] I bet heavily on gold going up. Also, I predicted that gold would go over $2,000 in 2005 when it was $400 and gold has been going up like a rocket to the moon. However, every year the debunkers would say - it is too high now. Buying stocks is a great way to lose money. Most companies that were around 100 years ago are gone. Gold does not rust or tarnish and has been held as a store of value for thousands of years. I do not see a bright future for paper currency. In 1929 an ounce of gold was approx $20 an ounce. It will soon be $2000 an ounce. Well, this is not the case for wages. Those have not gone up 100X. Debunkers believe that everything is fine and call people that hold gold crazy. However, here is what a Chinese person told me. That 100 years ago with an ounce of gold you could buy a milk cow. Today with that same ounce of gold you can still buy one cow. BUT, you cannot buy a whole herd of cows. If you could, then gold would be over price.[I] :) [/I] [/QUOTE]
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