From: http://news.brisbanetimes.com.au/br...warning-for-world-economy-20120908-25kms.html So, if these guys are saying it, it means it's time to sell all your PMs - everything is going to be fine after all. I'm not quite that contrarian myself.
yeah what 'contrarian' is is mysterious. For example, probably the most contrarian thing you could do on the Australian stock market right now is buy mining services companies - but I doubt many who think themselves contrarian are. I've had some nibbles but I too am anxious for confirmation from the crowd. For a real contrarian, my vote goes to Marc Faber
Is'nt this why the Feds next comments are SO SO important..... For crist sake they're in 16Trillion dollars of debt (some say up to 80T really)..... The world is obviously hanging by a few threads.... And Only 1% of the population realise how serious this is all is...... I over this dumb world!
^ damn dude, are you gonna top yourself again? Saying that does suit your username though. And you're right, that the US issue is reaching a critical point.
No i'm not going to but, my online sources are saying NOW is the time and the Fed HAVE to do QE3 soon..... And that's great for stackers like us.....And bad for the poor sheeple.
I assure you, if they announce and deliver QE3, the idiot sheep will cheer their financial overlords for it and pass accolades to all and sundry on their financial prowess. Humanity is quite frankly doomed. I know people hope against hope that the masses will 'awaken' and we'll enter a new golden age of awareness/ [youtube]http://www.youtube.com/watch?v=07fTsF5BiSM[/youtube] But the moment you watch this... you realise... we're are well and truly screwed. It's actually really difficult to watch just how damn ignorant and stupid these political zealots can be in cutting their own financial throats. It's why I don't go out of my way to 'educate' people who don't want to be educated and more, will just resent you for trying. Negative it might sound, I still think humanity has already lost & just don't know it yet. All you can do is prepare for the inevitable and fend for yourselves and those close to you, protecting them from being dragged down with the sinking ship.
I noticed this morning on ABC 24 news that they finally showed a good explanation of what's happening in the U.S with the annoncment of QE3 after poor job stats....Great to see it in MSN for once.
In my opinion there is a big difference between Companies and Corporations. Do you believe that Corporations should be allowed to trade derivatives worth more than all the GDF of all the nations of the world ,would be a far better question but then again how many people know about derivatives? I like Peter Schiff but I think that this video is a set up..Like going to the Republican Party Convention and stirring them up about a new war with Iran. Yes by all means lets us attack..Even Ron Paul would not get much backup in his stance on current wars. They are very dumb in not even knowing who Peter Schiff is? Regards Errol 43
