As if you don't have enough to worry about.

[pitzerwm]

I am not pushing anything, and personally won't be buying his book, but I think that you should at least listen to the presentation as it is something to think about.

http://finance.uncommonwisdomdaily....vsp-alt.php?ccode=&em=&sc=SOSO&ec=4983101SOSO

 

[mjwalsh]

Observations

I am not pushing anything, and personally won't be buying his book, but I think that you should at least listen to the presentation as it is something to think about.

http://finance.uncommonwisdomdaily....vsp-alt.php?ccode=&em=&sc=SOSO&ec=4983101SOSO

Bill,

WOW, he sure makes some points including concerns about China!

When the Administration's Biden & Geithner showed their "drunk with power" demeanor at their public announcements of the "collectors only" status of dollar coins ... I immediately called the US Mint to try to understand & to get a better handle on the situation. More than one US Mint staff member sounded "terrified" over the phone. It was clear there was a "gag" order ... in my opinion ... going on. They specifically said that they were not allowed to comment & that they were not allowed to get a supervisor on the phone.

Just because Geithner is a master of the Chinese Language ... that should not mean American Citizens should give him or someone similar a blank check in such a pivotal position. It seems like there are plenty of leaders who have "his back" in a really bad way but what we need are leaders who have "the American Citizens back" in a much better & more just way?

http://www.washingtonsblog.com/2012...nk-resignations-what-the-finance-is-this.html

Mike

 

[mac]

While the guy is trying to sell his products, what he says is mostly true, as far as my limited knowledge of world finances goes. There is no doubt that Obama wants our country lowered in the world's eyes in every metric. The freaking mint is printing money af fast as it can. Our government is borrowing something like $50,000 every minute. Let that sink in. It's not just the end of the world alarmists that are saying to be prepared.

 

[mjwalsh]

Are we that feeble minded?

While the guy is trying to sell his products, what he says is mostly true, as far as my limited knowledge of world finances goes. There is no doubt that Obama wants our country lowered in the world's eyes in every metric. The freaking mint is printing money af fast as it can. Our government is borrowing something like $50,000 every minute. Let that sink in. It's not just the end of the world alarmists that are saying to be prepared.

Mac & others,

When I stayed at the Venetian-Sands in Vegas as part of a package deal for almost a week back in the summer of 2007 there was an incredible miniaturized physical model of a new Venetian Style Complex that was under development in China. Not that I begrudge China at all for improving their lot but it does give us some understanding that Larry Edelson's statements about China's development & position has like you say a lot of truth to it.

Like I said before ... I tend to be just as worried about white collar "at their mercy" situations as blue collar "at their mercy" situations. There is such a thing as unwittingly setting ourselves up for being snookered even worse than we already are.

I am not sure about the potential bubble that would be created if everyone rushed to those stocks Larry referred to. I do know that bonds were also not immune to the severe loss of value that occurred during the fall of 2007.

I did see & hear the Federal Reserve chairman Bernanke on a broadcast very recently while professing to not be recommending anything was implying that stocks currently could make sense. Could it be ... that he thinks he knows something that we are too feeble minded to figure out for ourselves? I know as an absolute fact from first hand experience of giving out the gold colored dollar coins since the year 2000 that people actually like them for commerce use when they are properly made available & shown & informed properly. The Administration people are all saying & continue to say that people do not like them ... so my mindset is that if you can't trust them to handle smaller but intertwined issues properly ... there is a good chance you especially can't trust them with the larger issues.

Mike

 

[mac]

Well said Mike. The more that I educate myself on the broad financial market, the easier it is to believe that there is some grand puppet master pulling the strings. Does the name George Soros come to mind? I think that the best thing we can do is to constantly ask questions about things and then question those answers.