Headlines from "The Australian" Thursday 3rd Jan 2013. World Financial Crisis is over. Share markets worldwide on the rise! What do you think? Is it all over? or is it the beginning of the end Regards Errol 43
i agree looks like the pump and dump approach... with silver and gold going down it's becoming very unloved...
I don't think so. been reading the following. I reckon rickards doesn't mumble as much as use to because he now realises most people are dumber than he is. http://blogs.telegraph.co.uk/financ...tzerland-and-britain-are-now-at-currency-war/
"We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is now more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries." - David Rockefeller... Baden-Baden, Germany 1991
Every bit of mainstream media is pumping up how good this year is going to be. When the debt bubble bursts its not going to be a pop it's going to be an explosion and none of these chumps will have seen it coming.
Well I for one am feeling safe and prosperous. 2012 has come and gone, and was far from being a bad year as predicted by so many. Indeed, as has been the case for the last 5 years, I am more prepared and financial and personally secure than before. I am pleased that they have managed to kick the can for so long, and would be happy for it to be kicked through 2013. People I think are smart say that this will all end in a war and a reset. I hope they are as wrong about that as they have been wrong about their dire predictions for the last 5 years.
Richards knows what is going on - it is currency wars indeed. Any currency devaluation has to be relative to something, and it gets real messy/complex when that something is another currency that is being devalued at a similar rate. When devaluations like this become 'official', then it gets rough. At the moment no countries (other than Brazil?) are even acknowledging the elephant in the room (currency wars), because they're afraid of the next logical stage - Protectionism, trade wars, and the possibility of losing control of their economy. All countries (bar North Korea or Iran perhaps) are seeking to boost trade to get their economies growing again, and they're just jostling for position at the moment. Incidentally, Australia is at the back of the pack, we suck at this game.
more like integrity in journalism and intelligent discourse over! I think that since every shoeshine boy commentator is saying 'bumper year' is a very good reason to keep my protection plan in place a while longer - as much as that deadly sin 'greed' calls me to risk everything on the promises of politicians and the corruption of world financial systems. [youtube]http://www.youtube.com/watch?v=oI5VfVAMyEI[/youtube]
That has to be one of the best posts in the last couple of months. Those who listened to the fear mongers have essentially lost those years of earnings by not investing because of probable circumstances . IMO you need to keep doing whatever your doing with a contingency plan if those circumstances eventuate . Not delay your aspirations because they might eventuate. What you have done stedlar by preparing financially & personally is all you can do . Even in sound economic times you need the same exit strategies & preparedness..Any smart invester /business person should be in "business as usual " mode . The amount of dealers on the forum that have opened & expanded is testimony to what not sitting on your hands in a bad environment can do they are making money while the doomsday brigade are feeding their families for them ....nice work guys good luck to you & your families . I know some will say its the perfect business to be in in these uncertain times . most businesses are . People still need food shelter clothes & all the other things society needs to keep the big wheel turning . The smart will adjust to the market & prosper the others will fade into oblivion.. because of their unwillingness to adjust to circumstances. Most businesses will constantly revise their strategies depending on circumstance .
Ann Barnhardt famously quit finance after Corzine [youtube]http://www.youtube.com/watch?v=7dFVFJ0iRRA[/youtube] 8 Parts to watch.
I dont think any of the paths they are taking are good but i do know oz is nowhere near an emergency unlike many other countries . Feel free to enlighten me on how you have come to the conclusion we are in an emergency ....im all ears .
