Depression and economic collapse Market Update March 2008

[qualqui]

SUPER VID Visionvictory! What would the rest of us do without your analysis about the depression and economic collapse.Thanx once again for another AWESOME vid! = )

[visionvictory]

thx for the comments

[MisterEThoughts]

Great video!:)

[joeymackaroni]

Yep you called it!

[visionvictory]

thx for the comments

[SilverWealth23]

Where it all started ;)

[pierrelarouge]

So how low can the DOW go? 9000? 7000? 5000?

[cdltpx]

Wake up the reason we are into a recession is so they can coax the masses into a grand scale war IRAN/Russia. The retooling of the nation will be ready for war in a few months. Get out your stocks so the Arabs can buy all the nation at a discount as they are doing already war stocks rocket.We are already seeing the most expensive lawn ornaments in their class (RAM). What is the shelf life of rice? Do you have containers that will hold 1K of rice? Bleach unscented needed more than pinesol.

[Tigerpoi51]

True .. Germany in the 20s and 30s .. the people were starving .. so they would except Hitler as there leader . The  soldiers were TOUGH FIGHTERS .. because they went through that experience.

Hunger and Poverty will make you .. MEAN and want to FIGHT.

[cdltpx]

If you remember we had a bad economy during the Viet Nam war they had a Draught but a lot of soldiers became one b/c no other jobs were offered to them. Today we have a decent economy but those on the bottom will be squeezed and they too will sign up for a tour. They think that will be all they are suppose to do but will find that they can be stop-loss when they should be allowed to stay home but they are forced back to the war in a back door draught.

[Stan1208]

You listen to Obama and Hillary too much.

[visionvictory]

what are talking about? Their calling for a recession, non-constitutional dollar, a continuance of the empire, bigger government, more abortion, and higher taxes. I am the exact opposite of Hillary and Obama.

[pfowler20]

from certain newsletter said stock market crash pretty sure this is the year. lots of people still drinking the coolade outthere and are buying the stock market on dips.

my recommendation is to hold foreing currency and gold and silver and some u.s. dollars. for right after the crash gold and silver may dip so you can buy some more.

[visionvictory]

Good call

[cybertrader69]

this market about to crash, fake-out.

[unreallogic]

For Real Cybertrader? Big crash, slow crash, or small crash? You got me pumped up now :) Burn baby Burn!

[MIBstudios]

That was a reply to visionvictory. I clicked reply but it did not come up under your post sooo ???

[MIBstudios]

We all know it is coming so lets talk surviving any disaster with a max of comfort and safety: Become self sufficient and most importantly, live in the most remote area you can because when it hits the fan, (and it will sooner than later) people will kill you for a can of corn. My next TV Documentary will deal with this in depth HUMMM... People are the MOST dangerous obstacle in and after any major long term disaster...

[BobBrinkerisanIdiot]

This will be Katrina times 300 million. Wait till the civil unrest breaks out in 2009. I actually know people who are 100% U.S. Dollars, these people are screwed.

[MIBstudios]

In a major long term disaster a can of corn is worth more than $1,000,000 USD. A 99 cent pack of 10 toothbrushes from the Dollar store can be worth 10 cans of corn each 1 yr after life forever changing as we know it (or 100 lbs of gold that is too heavy to carry :-). They are cheap and light to carry and you can always use them yourself in time...

[visionvictory]

Great points MIB, my household is buying stuff we use anyway in bulk. We'll use it no matter what, and this way we can get it cheap compared to 12 months from now. Were also filling our cars up everyday in order to save money and dollar cost average fuel on the way up. Plus it's nice knowing we have a full tank of gas in case we need to hit the road. Thx for the comments MIB

[MIBstudios]

Information (and using it) IS quite often the difference between life and death. I subscribed to you BTW :-) I am working on a 2 hr documentary that I hope to have done as soon as possible that is packed with the most useful information possible. More than just economic disasters! Many major long term disasters facing us right now will kill millions if not billions of people. THOSE are what I will prepare people for.

[visionvictory]

Wow, look forward to your documentary.

[frontier1701]

90% have yet to adjust????? you are so full of crap

[visionvictory]

With all do respect, 90% of sub prime has yet to adjust. The option arms don't even peak until 2010/11. I assume you have something to add or do you just want to feel better about so much that you don't know? Are you even aware of how the CPI and GDP were changed in the mide 1990s? If we still caculated them like we did in the 70's, inflation is 11.8% and yes GDP is also negative. Do your research before you chat, thanks.

[frontier1701]

Was not aware of that recalc.... But most banks stopped opt arms in early 2007 & cnbc says the peak resets are 4/08

[unreallogic]

Frontier-CNBC is full of crap, but they are right the the resets start to peak in 2008, but last until 2010. The option arms were still around in mid 2007 and don't even start to peak until 2010-2012.

[BobBrinkerisanIdiot]

good analysis

[Puzzoozoo]

FWIW Fuel costs have gone up again here in Britain, petrol is now £1.04 a liter, and diesel is £1.11 a liter, at the supermarket pumps, and at BP both are about 3p more, or its around £5 a gallon or $10 to you Americans and al the rest that are not British here. I think come Christmas it'll be getting on for double that.

[visionvictory]

Puzzoozoo, have you been reading the news about civil unrest in Egypt and Asia? These countries pegged to the dollar are going to have to drop it or face rioting in the streets. America is exporting its inflation all around the world, I think were less than 12 months from some major currency shifts. Possible Euro or Yen as new reserve currency. Do you think the UK would ever go Euro?

[Puzzoozoo]

Nope, haven't heard a thing regarding Egypt and Asia. And to get the Euro here will require a referendum, and the British public are in no mood to say yes if one was held, which won't be for a considerable time.

[VIRUSx17]

this crash is inevitable.....good luck

[Rubmer]

Very good info, keep it coming please cant trust the regular media and news outlets they are liars. Also curious thing I have noticed, there was a guy named obsidian2012 and jpalme2000, these two guys we really on point with the whole situation all of a sudden they are not posting anymore. Strange I think, but maybe its just me.

[ll0llll0ll]

excellent summary! wamu is definitely to watch next three weeks. will see how their balance sheet report posted in april. btw, since you said you're a radio talk show junkie, who do you usually listen to? i occasionally listen to bob brinker on weekend. keep up the good work. :>

[visionvictory]

Gary Doyle, Micheal Savage, and Peter Schiff. I listen to talk radio more for news than view points. Although, I do agree with Peter Schiff on most things. Bob Brinker is cool, but he seems to be distantly out of touch when it comes to the economy this time around. Bob overly depends on the gov numbers which have been highly changed and manipulated in the last 10 years.

[markymarkuss777]

Semi-trucker companies going on strike April 1, 2008. Check it out:

thetruthaboutcars . com/april-fools-day-truckers-s­hutdown-gains-momentum/

[JackNeedles]

Good stuff. Keep in mind that this will be hyperinflationary, which is WORSE than just a depression.

[visionvictory]

so much for the dollar bottom LOL

(MarketWatch)- The dollar bumped lower Tuesday after data showed U.S. consumer confidence expectations were at a 35-year low in March, and home prices in 20 major U.S. cities plunged a record 10.7%. The dollar index, which measures the U.S. currency against a basket of major counterparts, was at 72.222, compared with 72.340 earlier Tuesday. Against the yen, the dollar was buying 99.62 yen, down from 100.20 earlier, and the euro bought $1.5601, up from $1.5580

[unreallogic]

News: Gas prices hit record, home prices decline sets new record, more payday loans in ohio than Mcdonalds/burger king/wendy's combined, and S&P earnings outlook cut in half. Looks like the market is setting itself up for a big fall.

[unreallogic]

Wow, great post. Look forward to more, keep them coming.

[my427corvette]

i am a 35 year old doctor making 150,000/per year. I live to give my kids the life that i never had. My favorite things to do is going to fancy restaurants and purchassing the latest apparel for my gorgous wife. If there really is a chance of severe infaltion and a threat to the lifestyle that I provide for my family, I will just ask for a raise like the rest of the country will do.

[cybertrader69]

yes, it is time to start avg in on gold and silver again. even more so on silver imo.

[gizmodux]

please post more... i like how you give a summary of what is going on. Why do you think the precious metals dropped this week 3/20/08?

we need more people like you to explain what is going on as most of us don't have the fundamentals to connect all the dots.

thanks..

[visionvictory]

Investors & funds with large positions in commodities and other profitable trades are taking profits prior to the close of the first quarter(window dressing). We have Wall Street saying the fed is an inflation hawk for only cutting 75 basis points. Plus the gold bull market is still in its infancy; all bull markets have violent corrections. Less than 2 years ago, gold went from 585 to 750 in about a month, and then went back to 585.

[visionvictory]

Don't worry about your gold price unless you plan on buying more, we have the wind (inflation) at our backs. You will see gold over 1,500 an oz within the next 9 months.

[markymarkuss777]

You're definitely right about the unemployment manipulation too. I got laid off in january 2008, and still haven't been able to find a job since. It's really bad in my area.

[Puzzoozoo]

I was laid off on 9 October last year, and despite applying for numourous positions can't get in anywhere else. Lots of agency jobs but they tend to be on a day to day basis at differnt companies, how'd you like to work at three companies in one week? The unemployment level isn't an major issue yet here in Britain. And the global economic situation isn't making much of an impact on the national TV news.

[visionvictory]

Here in America, everyone knows were in a recession. But the gov numbers are so manipulated, the news just swallows everything the gov spits out. So the news says were not in recession, but ask 8/10 Americans and there is no doubt. It would be interesting to hear stories on how the depression is already affecting people. I know in Ohio, 1 in 10 are now on food stamps, Michigan is really bad to. Sorry to hear about your employment situation.

[markymarkuss777]

Check out what homeowners facing foreclosure are doing. They are burning their homes down before they get kicked out.

youtube . com/watch?v=GyAwTLrk6do

[markymarkuss777]

Lehman Brothers next to go down like Bear Stearns, and then WAMU after them.

[markymarkuss777]

Rush back to gold by Eastern jewellery markets suggests price may have bottomed.

Lawrence Williams

Mineweb

March 23, 2008

Eastern demand for gold from the jewellery sector seems to have returned in a big way after some strong resistance to the high gold price seen earlier this month and this could suggest the current sharp reversal may have reached its nadir.

TO READ WHOLE STORY OF GOLD PRICES COMING BACK HIGHER GO TO THIS LINK :

infowars . com/?p=986

[visionvictory]

Wow, great info and comments. Thx

[markymarkuss777]

GO TO THIS LINK TO READ ABOUT HOW THEY ARE MANIPULATING THE SILVER MARKET :

silverstockreport. com/2008/shortage.html

[joshrain1]

does that affect gold/silver as well?

[sbmillionair]

i'm buying mayday bars, alot

[visionvictory]

Me too, you can't beat mayday bars. If you buy in bulk you can get good deals. Food inflation is going to get crazy. I'm buying in advance products we normally eat as well, trying to dollar cost average them up. :(

[wwwFamilyPrideOrg]

Move to China

[PeakedEarth]

Very well done analysis and news. Nice job. Look forward to more.

[InTheSticks1881]

Good stuff. I consider food a better and first investment. To preserve excessive wealth, gold.

[visionvictory]

Agreed, we have to take care of our families first. Food, water, and then everything else.

Thx for the comment

[davincij15]

The Fed is Hawkish at 75 basis points... LOL what a joke.

Citigroup is next.

[drzapo]

A friend of mine is predicting a loaf of bread will cost $20,000 after collapse. They are investing in Euros until the Amero comes. Thanks for the post! Great Job.

[SolitonPL]

JP Morgan is shareholder of private bank FED!

FED is consolidating banking sector saying that they are saving financial system.