Good to see that we can write with opposing views and not be censored here :)
As the credit circulations are secured by intervention in relation between (banks) & (corporations/retailers) the real economy will be insulated during 2009.
Past impossiblities are now possible & the house building systems will eventually be secured by the public and the housing crisis will secured from privatised incompetance.
"you haven't gotten laid ... you just got SCREWED by the Bush administration !"
The Bush administration made it worse. But the "American Way" actually began seventy years ago. It involved getting shitloads of credit easily (and the rest of the planet bought into the greedy joke). America partied on it. And now America will die. Was it worth it?
My friend, if you are a American. Just the fact that you are here on this subject... If you don't know who Gerald Celente is , you are doing yourself a disfavor. All Americans need to listen for 3 min... right here on You Tube... We are at the end of what use to be a great country Americans. Please be informed ... listen to this on
You Tube...
Gerald Celente warns of the next US Great Depression. PART 1 ..
I totally agree and thank you for informing people. People have been in delusion. The world is facing unprecedented events and people dont want to face the truth. Buy gold, cut back and dont believe everything you read.
US is no more trying to bring new products and compete in the international market as it used to. Its rather trying to impose its laws in the international trading & even there when its knocked out by not successfully producing a better and a cheaper product the $ will eventually fall down. Trying to disturb peace process on the globe is another main reason of the collapse of US $.
The problem behind all of this is our dependence on cheap, plentiful oil. If you have not heard of "Peak Oil" Google it and learn. Oil will continue to raise in price and our entire economy/society is based on having cheap abundant oil. When that (cheap oil) goes away so will our way of life. We are headed for a BIG change in how we live our lives. Be prepared now with food water and heat sources when the ones we rely on now are not available. This is NO JOKE..Its HAPPENING NOW!
Our problems are caused by many factors but the main issues that have effected our predicament is due to the GLOBALIZATION bestowed upon us for the last 20 plus years. Yes for fifteen years we have flourished with a booming economy, problem is it has now caught up to us. Cheap labor, cheap products, easy non-productive high incomes, over paid early pensions, and quick turn ivestments have burdened our financial core and now must re-balance itself in order to qualify our dollar/money value.
do not forget to place short orders if another terrorist attack comes or natural disaster . You know all huge financial institution are going to be selling your stocks short . So help them to crash the God damn system . Use maximum leverage .You will make a fortune .
who ever said another Y2K, is a fucking moron and better wake the hell, or maybe your one of the ones benefitting from the "as long as I can factor" meaning as long you can go about your worthless life do things to make you happy no one else matters, fcking puppet
Gas going to 5.00 a gallon??? It's already pretty much there in some states. Anyone living within 50 miles of a major city , should rethink and relocate to a more rural area. There will soon be to many people competing for the same resource (food, shelter, clothing, energy). Paper money will soon become worthless so will gold and silver to an extent ( you cant eat or drink them).
I was thinking the same, and I know I dont know if you believe the scriptures at all but even those who believe in silver and gold justify its use through scripture YET even scripture speaks of them throwing their gold and silver in the streets. Thats one of the reasons I refuse to buy gold because it speaks also of "trusting" in it.
I been buying things to sustain the family with this urgency I feel about it all. If I lose my home, I'm screwed anyway because I cant carry my garden with me
Is this just the next Y2K scare? I feel like I'm being dragged from one global "crisis" to the next. SARS, terrorists, Avian Flu, nuclear war, Armageddon (yet again), and now The Greater Depression. ??
Like ShilgenVens I felt like being dragged from one crisis to the next, but then after reading about "Peak Oil" all the rest will seem like petty problems. To everybody out there watch Youtube video "OilyCassandra" good message and a sexy vixen.
I didn't miss your point at all, all I was saying is send me some of those rose colored glasses you are wearing. Alberta is a major oil producer , but the rest of Canada is starting to see the cracks. Things may be great for you now, but in a few months you will start to see the divide.
IF the Liberals come to power in ottawa, the west will seperate. They do not beleive in leftist national socailism like the liberal ndp fascist elites in Toronto. Go Alberta! Free yourselves!!!!!!!
Alberta-Sask-Manitoba seperation. Once the Liberals win Ottawa, in part to their drones in the east, The west will have no voice onc again. The Dominion will be no more.
We will all learn something? Not necessarily. Most of the people affected by the Great Depression didn't really understand what was going on, hence the fact that history looks like it's about to repeat.
5When the Lamb opened the third seal, I heard the third living creature say, "Come!" I looked, and there before me was a black horse! Its rider was holding a pair of scales in his hand. 6Then I heard what sounded like a voice among the four living creatures, saying, "A quart[a] of wheat for a day's wages,[b] and three quarts of barley for a day's wages,[c] and do not damage the oil and the wine!"
its about time all this stated happening - I compare it to a forest fire burning out dead wood and a bit of the undergrowth. Then it will all start again. There has been too many people on earth for a while - so what if a billion die?
Don't think so mate, I come from the land of Milk and honey (New Zealand). Im a trader at a hedgefund and if it all turns to shit Mum and Dad are dairy farmers. Ill be alright.
Im not an economist, but gas has passed 3.50 a gallon in Miami. A gallon of milk which was 1.99 a couple of months ago, is closer to 3.99 And companies are not giving out raises to compensate for the higher prices.
Things here in OZ are increasing dramatically as I noted. But the sad realization is that they will go up even more. Hence why I said agricultural investments are the way to go or commodities. Farmers over here that were once broke are now starting to thrive again...wheat and grain prices hit an all time high and will do well in the future.
oh for crying out loud just put the Federal reserve back into the hands of the people/government as oppose to a priviate institution. Unless even our leaders are apart of the circus as well. Ohh NO! what R we gonna do?!?!?!?
Was the federal reserve ever in the hands of the people/government? All information that I have ever seen shows that it is a private institution, eventhough the board is appointed they are not the owners. Also, on the surface your idea has merit but it still doesn't take care of TEN TRILLION dollars
ur rite, it is private. congress created it in 1913 but never gave it any restrictions. the constitution's checks and balances was not applied to the Fed. The Fed's three main powers are near unrestrained and they create a good 95% of the inflation since their creation.
America is finished, and it will never rise again. It's in the Bible... 2012 is the end... Earthquakes, storms, melting glaciers, economic collapse, etc... It's all over folks! If you believe in a God, you need to get reeeeeeeaaaaalllllllll close to Him.....
Gee, The Captain and crew said we only grazed an iceberg, were are fine! I think i will go back in to the dining hall and have another drink and listen to the Band. As for all the sheeple whom think green pastures remain keep on grazing!
Still waiting for your 2 other solutions for Australia mate.
Heavier regs for the RBA is a nice thought but it took the war of Independence for the Americans to get away from English monetary control. Where still under that control.
We have less chance of regulating or controlling the RBA than the Americans can do it to the Fed.
Market setting itself up for a big fall. Jobs numbers are heavily manipulated, but even the fake numbers should start to look bad this Friday. I mean Food Stamps at record use, this is it. The Fuse has been lit, it's only a matter of time.
The price of gold ($892oz)and silver($16oz) are dipping now...the dip before the sudden rise? I wonder when they will bottom out before the huge jump.
I got a good idea sheeple. Vote for one of your favorite liars ugghmm I mean presidential candidates. They will save you. I promise. keep voting. keep up the good work majority. Your voting record is great
This is my first post on You Tube. I have a serious question. What does one do with Cash? What currency do you hold? Which Financial Institution reports the truth? Let me know your opinion. Much appreciated. Greg in Canada.
You sink it in a U.S. Treasury Bill fund. Latest yield on these is down to an incredible 0.56%, which beats the hell out of the 40 to 90% losses you'll get in any other investment class. See Dreyfus DUSXX.
Hey MS Secrets. Please tell me what you think.. In the long run, gold&silver will triumph but some are saying that gold will go down to $850 an ounce or even $700 for a short time (as many people in financial stress sell gold to pay their debts which will temporarily depress the gold price). And then the gold price will go to $1500/2000 & beyond. Do you buy into this scenario?
Hey Andrew. You are absolutely correct in your thinking. People are getting straped and they will see and the guys with the money will snatch it up and drive the price up even further.
Australia is helping lead the way to socialism or fascism, pick either one. How do you feel now that your gun rights barely exist? I guess it was best for the safety of everyone. What a joke.
Obama has no clue on how to fix the economy. If you first dont understand that the federal reserve is inflating the money supply, then you cant even begin to fix the problem. Only truth can fix our problems, and that is in short supply with Mcain, Obama, or Clinton. The market will go to hell worldwide as the government tries to "save" us from it. We have fools in office and fools who "vote" them in. Everyone needs to wake the hell up.
Nope, it's time for a seriously, painful blow to the U.S. brain pan. Hopefully the good, intelligent, well educated, compassionate people will survive. By the way my comment to your Australian gun rights comment wasn't meant to piss you off. I guess I don't understand how that is relevant to whats going on with us.
It has everything to do, as our market follows the DOW (us)if you didnt already know. And we have our own set of problems to here on our soil.
But The US sets the stage off for what our market does the next day...as we are a day ahead ..so its very important to stay up to date with what is going on over there, economically and marketwise.
Also regarding The economy from govt and the upcoming elections, I dont think the Clinton will last that long, you will see them shed the light and their true colors will come out.
Not too sure, but I think the presidential race will come down to McCain and Obama, with Obama winning by a slight margin in November. He has many solutions to fix this crisis and has a tough job ahead of him.
it's happening NOW. 4% unemployment in OZ is unsustainable. High interest rates will maintain the strength of the OZ $. The new world reserve currency will be the Euro. The world economy will find that it can survive without the US consumer.
Kudos on talking about the Hyper-Materialism that has plagued the world and especially here in America. Civil Unrest in Egypt over food, also Asia civil unrest over rice.
It is no where near a bottom. Banks collapsing? Fed needed to come to the rescue with 1930 style bailout. It's not pessimistic... it's realistic. Wake up.
oh and mate, since they don't want to discuss anything but doom and gloom on mot site. do you agree at least to one thing that can save this economy. one thing that can turn all this around and have the Dow hit 40,000 by end of 2009
Yeah, I agree about mot. It gets to the point that it's the same ole, same ole. myspacesecerets at least gives you info based on the current situation and then gives you his opinion on it. mot is "I've been saying for months the economy is going to tank when no one else would. I'm just tellin' the truth". Now, I'm not trying be pejorative to mot. He seems to be very nice and intelligent person. But you can only tell the world hell is coming so many ways and so many times. Solutions would be nice
How much longer do you think the ups and downs will go on in the market before a big crash? Why doesnt the president seem concerned and warn the public? will all this even affect people in government offices?
I'm about 1 week away from purchasing a few g's worth of physical gold nuggets. Do you think this will be a good investment? I'd love to hear your take.
john howard has had people sucked in with the story that the liberal party created the economy we have.
biggest load of tripe ever fed to the australian people .
We have been part of a hugh world boom but i hate to say it but the ride is over and this is the proof that goverments do not control the economy in the way the liberal party has missled the australian people.
I cant see the liberals sticking their hand up for the downturn in the economy.
I love the "have a great day" after all the negative. :) And I'm not picking on you. It's disheartening because my family and I have always been careful and realistic with the way we live and how we spend our money. And it's the idiots who have ruined it for the rest of us. But if McCain gets in there will be more war for us Americans and to whom we decide to attack (obviously most likely Iran). I swear it's like we are on the train of udder stupidity. Take care. I'm sorry we are such idiots.
They say gun's don't kill people, people kill people. I'd say that gun availability inevitably leads to use. No guns, no shootings. So too with the nature of the global economy. If there are few checks and balances, rife speculation, economic gambling and globalisation looting are inevitable and fake assets bubbles will blow up all over the place. People in one country will be buying their 2nd car, 3rd TV while others die of aids in somewar-torn, debt-paralysed 3rd world country. Cheers MS.
Unfortunately there are already a lot of people that are depending on food banks and government handouts and so forth. What is going to happen to them?
The truth is nobody (as in the nation as a whole) cares. It's all going to be tight communities helping each other out. This is why myspacesecrets suggests people get to know each other in their neighborhoods, grow gardens, medicine, provide protection, maybe even carpool and pitch in for the (at some point) 15 dollar a gallon fuel. We Americans are pretty selfish at this point. Even when the crap hits the fan here most will have shot guns pointed at people and tell you to get the hell away.
I wonder what it would look like to see a sea of Yanks and Poms jumpin around the outbacks down under when they run out of oyyysss.
shaider77 2 years ago
But when?
whatsdtruth 2 years ago
I love you man!!!!!!!
You rooooooooooooooooooooccckkkkkkkkkk!
paraxeno 3 years ago
Thankyou for you kind words brother.
myspacesecrets 3 years ago
Good to see that we can write with opposing views and not be censored here :)
As the credit circulations are secured by intervention in relation between (banks) & (corporations/retailers) the real economy will be insulated during 2009.
Past impossiblities are now possible & the house building systems will eventually be secured by the public and the housing crisis will secured from privatised incompetance.
Despite all the past gloom spouted by invester
elites,rises in unemployment will be halted.
CivysCare4Soldiers2 3 years ago
"you haven't gotten laid ... you just got SCREWED by the Bush administration !"
The Bush administration made it worse. But the "American Way" actually began seventy years ago. It involved getting shitloads of credit easily (and the rest of the planet bought into the greedy joke). America partied on it. And now America will die. Was it worth it?
sushimushy55 3 years ago
My friend, if you are a American. Just the fact that you are here on this subject... If you don't know who Gerald Celente is , you are doing yourself a disfavor. All Americans need to listen for 3 min... right here on You Tube... We are at the end of what use to be a great country Americans. Please be informed ... listen to this on
You Tube...
Gerald Celente warns of the next US Great Depression. PART 1 ..
onstageagain 3 years ago
When!? When, damn it!!
Pressence101 3 years ago
what is going to happen with the prison system ....now that could get scary
haole80 3 years ago
it's time for a revolution of frugality.
ddubrul 3 years ago
hmmmm yes seems to be the case!
myspacesecrets 3 years ago
I totally agree and thank you for informing people. People have been in delusion. The world is facing unprecedented events and people dont want to face the truth. Buy gold, cut back and dont believe everything you read.
talofa2000 3 years ago 3
maybe we should just join with the Lakota nation, they can't do any worse than the US, Canada, etc
ITILII 3 years ago
this isnt fucking fair. why do i have to be born in a shit time like this. I MEAN SERIOUSLY?! I HAVENT EVEN GOTTEN LAID YET!!!
appppppppple 3 years ago
you haven't gotten laid ... you just got SCREWED by the Bush administration !
weldone1223 3 years ago
This has been flagged as spam show
US is no more trying to bring new products and compete in the international market as it used to. Its rather trying to impose its laws in the international trading & even there when its knocked out by not successfully producing a better and a cheaper product the $ will eventually fall down. Trying to disturb peace process on the globe is another main reason of the collapse of US $.
yahoovisitor 3 years ago
The problem behind all of this is our dependence on cheap, plentiful oil. If you have not heard of "Peak Oil" Google it and learn. Oil will continue to raise in price and our entire economy/society is based on having cheap abundant oil. When that (cheap oil) goes away so will our way of life. We are headed for a BIG change in how we live our lives. Be prepared now with food water and heat sources when the ones we rely on now are not available. This is NO JOKE..Its HAPPENING NOW!
jimw81a 3 years ago 2
Our problems are caused by many factors but the main issues that have effected our predicament is due to the GLOBALIZATION bestowed upon us for the last 20 plus years. Yes for fifteen years we have flourished with a booming economy, problem is it has now caught up to us. Cheap labor, cheap products, easy non-productive high incomes, over paid early pensions, and quick turn ivestments have burdened our financial core and now must re-balance itself in order to qualify our dollar/money value.
briteamerican 3 years ago
do not forget to place short orders if another terrorist attack comes or natural disaster . You know all huge financial institution are going to be selling your stocks short . So help them to crash the God damn system . Use maximum leverage .You will make a fortune .
Make money and get the F out !
AntiBullS 3 years ago
yes the time to take action is now...yes!
myspacesecrets 3 years ago
its time to stick to the basics to live all that other stuff is really bull! resturants,disney world etc. its time to be wise people!!!!
nbrown2023 3 years ago
if we lose our jobs how can we pay our debt? and will we still be responsible for it if it all goes to hell?
mungcray 3 years ago
who ever said another Y2K, is a fucking moron and better wake the hell, or maybe your one of the ones benefitting from the "as long as I can factor" meaning as long you can go about your worthless life do things to make you happy no one else matters, fcking puppet
gronlaf 3 years ago
Gas going to 5.00 a gallon??? It's already pretty much there in some states. Anyone living within 50 miles of a major city , should rethink and relocate to a more rural area. There will soon be to many people competing for the same resource (food, shelter, clothing, energy). Paper money will soon become worthless so will gold and silver to an extent ( you cant eat or drink them).
Quantrill71 3 years ago
You are right on about it, except,respectfully, for Gold & Silver. That is real money and will always hold value.
rlmccullough 3 years ago
I was thinking the same, and I know I dont know if you believe the scriptures at all but even those who believe in silver and gold justify its use through scripture YET even scripture speaks of them throwing their gold and silver in the streets. Thats one of the reasons I refuse to buy gold because it speaks also of "trusting" in it.
I been buying things to sustain the family with this urgency I feel about it all. If I lose my home, I'm screwed anyway because I cant carry my garden with me
KARStarla 3 years ago
lots of americans are losing thier jobs because greedy companies want to take advantage of 3rd world slave labor. The US is like a ghost town.
themeaningoflife38 3 years ago
got that right.........got that right!
ratonnewmex 3 years ago
Is this just the next Y2K scare? I feel like I'm being dragged from one global "crisis" to the next. SARS, terrorists, Avian Flu, nuclear war, Armageddon (yet again), and now The Greater Depression. ??
ShilgenVens 3 years ago
the proof in in the pudding.
No matter where you live you will already be seeing the effects of this. Just read some of the comments on this blog!
myspacesecrets 3 years ago
Like ShilgenVens I felt like being dragged from one crisis to the next, but then after reading about "Peak Oil" all the rest will seem like petty problems. To everybody out there watch Youtube video "OilyCassandra" good message and a sexy vixen.
valhala56 3 years ago
Another Y2K? Are you out of touch with reality??? I need to live where you live and work where you work.
Quantrill71 3 years ago
I live and work in Alberta. Things are great here. And I think you missed my point entirely.
ShilgenVens 3 years ago
I didn't miss your point at all, all I was saying is send me some of those rose colored glasses you are wearing. Alberta is a major oil producer , but the rest of Canada is starting to see the cracks. Things may be great for you now, but in a few months you will start to see the divide.
Quantrill71 3 years ago
IF the Liberals come to power in ottawa, the west will seperate. They do not beleive in leftist national socailism like the liberal ndp fascist elites in Toronto. Go Alberta! Free yourselves!!!!!!!
Thunderwavia 3 years ago
Alberta-Sask-Manitoba seperation. Once the Liberals win Ottawa, in part to their drones in the east, The west will have no voice onc again. The Dominion will be no more.
Thunderwavia 3 years ago
its not the number of people on earth, its how they live when you live wrong., it cannot afford it self ...wrong is wrong for a reason..
yebb1968 3 years ago
We will all learn something? Not necessarily. Most of the people affected by the Great Depression didn't really understand what was going on, hence the fact that history looks like it's about to repeat.
rippedangels 3 years ago 4
Economic Collapse:
5When the Lamb opened the third seal, I heard the third living creature say, "Come!" I looked, and there before me was a black horse! Its rider was holding a pair of scales in his hand. 6Then I heard what sounded like a voice among the four living creatures, saying, "A quart[a] of wheat for a day's wages,[b] and three quarts of barley for a day's wages,[c] and do not damage the oil and the wine!"
rocksiphone 3 years ago
Better buy silver while you still can!
Mojopokey 3 years ago
its about time all this stated happening - I compare it to a forest fire burning out dead wood and a bit of the undergrowth. Then it will all start again. There has been too many people on earth for a while - so what if a billion die?
georgewtwat 3 years ago
What if your one of the billion? Who says it's going to be third world countries anyways?
nut2286 3 years ago
Don't think so mate, I come from the land of Milk and honey (New Zealand). Im a trader at a hedgefund and if it all turns to shit Mum and Dad are dairy farmers. Ill be alright.
georgewtwat 3 years ago
Would you like to volunteer George? We can perform a volcano sacrifice. I think Al Gore approves of that.
rippedangels 3 years ago
Im not an economist, but gas has passed 3.50 a gallon in Miami. A gallon of milk which was 1.99 a couple of months ago, is closer to 3.99 And companies are not giving out raises to compensate for the higher prices.
chupiperea 3 years ago
Chupiperea, thanks for the update.
Things here in OZ are increasing dramatically as I noted. But the sad realization is that they will go up even more. Hence why I said agricultural investments are the way to go or commodities. Farmers over here that were once broke are now starting to thrive again...wheat and grain prices hit an all time high and will do well in the future.
myspacesecrets 3 years ago
how do you know all the companies are lying??
georgewtwat 3 years ago
oh for crying out loud just put the Federal reserve back into the hands of the people/government as oppose to a priviate institution. Unless even our leaders are apart of the circus as well. Ohh NO! what R we gonna do?!?!?!?
lorerax1 3 years ago
Was the federal reserve ever in the hands of the people/government? All information that I have ever seen shows that it is a private institution, eventhough the board is appointed they are not the owners. Also, on the surface your idea has merit but it still doesn't take care of TEN TRILLION dollars
($10,000,000,000,000)
skanicum 3 years ago
ur rite, it is private. congress created it in 1913 but never gave it any restrictions. the constitution's checks and balances was not applied to the Fed. The Fed's three main powers are near unrestrained and they create a good 95% of the inflation since their creation.
bxbeall 3 years ago
America is finished, and it will never rise again. It's in the Bible... 2012 is the end... Earthquakes, storms, melting glaciers, economic collapse, etc... It's all over folks! If you believe in a God, you need to get reeeeeeeaaaaalllllllll close to Him.....
kingfaradan 3 years ago
loser - i believe america is fucked, the rest of your comments just equalled blah, blah, blah......
georgewtwat 3 years ago
Every man of power falls
blacksilverjose 3 years ago
Gee, The Captain and crew said we only grazed an iceberg, were are fine! I think i will go back in to the dining hall and have another drink and listen to the Band. As for all the sheeple whom think green pastures remain keep on grazing!
jonah70757 3 years ago
10-4 Jonah. Great comment!
myspacesecrets 3 years ago
People are still looking for home and driving big SUV.
moniequa 3 years ago
Why 2010? Why will this be the year for the big crash?
southdakota1001 3 years ago
Still waiting for your 2 other solutions for Australia mate.
Heavier regs for the RBA is a nice thought but it took the war of Independence for the Americans to get away from English monetary control. Where still under that control.
We have less chance of regulating or controlling the RBA than the Americans can do it to the Fed.
TheOmagaMan 3 years ago
Market setting itself up for a big fall. Jobs numbers are heavily manipulated, but even the fake numbers should start to look bad this Friday. I mean Food Stamps at record use, this is it. The Fuse has been lit, it's only a matter of time.
visionvictory 3 years ago
Market hitting resistance yes! Let see what happens, more falls coming soon.
myspacesecrets 3 years ago
Do you think that smaller biotech companies will be affected?
gmoney415 3 years ago
Hey
I like what you have to say. When do you think we will hit a depression? Will it be in the next 6 months, next year, next year and a half?
You seem to be right about the markets going up and down. Anyways, got any advice for me to prepare for this?
gmoney415 3 years ago
I will probably do a vid on this in the next few days.
myspacesecrets 3 years ago
Do you think we could see new highs in the Dow before it Crashes?
BobBrinkerisanIdiot 3 years ago
I expected a dip, as my previous vids state, the charts were almost vertical! After a brief period they will continue their climb.
myspacesecrets 3 years ago
The price of gold ($892oz)and silver($16oz) are dipping now...the dip before the sudden rise? I wonder when they will bottom out before the huge jump.
andrewebisu 3 years ago
Looks like they are rising again.
ds4081 3 years ago
I got a good idea sheeple. Vote for one of your favorite liars ugghmm I mean presidential candidates. They will save you. I promise. keep voting. keep up the good work majority. Your voting record is great
josh0852 3 years ago
Hey myspace. Did you get to see the video? I can't bring it up? First time is allways a charm I guess.
Hopefl1 3 years ago
This is my first post on You Tube. I have a serious question. What does one do with Cash? What currency do you hold? Which Financial Institution reports the truth? Let me know your opinion. Much appreciated. Greg in Canada.
tradersautogroup 3 years ago
You sink it in a U.S. Treasury Bill fund. Latest yield on these is down to an incredible 0.56%, which beats the hell out of the 40 to 90% losses you'll get in any other investment class. See Dreyfus DUSXX.
TYX91101 3 years ago
Hey MS Secrets. Please tell me what you think.. In the long run, gold&silver will triumph but some are saying that gold will go down to $850 an ounce or even $700 for a short time (as many people in financial stress sell gold to pay their debts which will temporarily depress the gold price). And then the gold price will go to $1500/2000 & beyond. Do you buy into this scenario?
andrewebisu 3 years ago
Totally agree! Profit taking in gold is bringing it down! Gold longer term will continue its healthy climb!
myspacesecrets 3 years ago
Hey Andrew. You are absolutely correct in your thinking. People are getting straped and they will see and the guys with the money will snatch it up and drive the price up even further.
Hopefl1 3 years ago
Australia is helping lead the way to socialism or fascism, pick either one. How do you feel now that your gun rights barely exist? I guess it was best for the safety of everyone. What a joke.
526norton 3 years ago
Out of all the stuff you see happening and about to happen all you can think about is other peoples gun rights?!
medicatedsaint 3 years ago
Obama has no clue on how to fix the economy. If you first dont understand that the federal reserve is inflating the money supply, then you cant even begin to fix the problem. Only truth can fix our problems, and that is in short supply with Mcain, Obama, or Clinton. The market will go to hell worldwide as the government tries to "save" us from it. We have fools in office and fools who "vote" them in. Everyone needs to wake the hell up.
526norton 3 years ago
Nope, it's time for a seriously, painful blow to the U.S. brain pan. Hopefully the good, intelligent, well educated, compassionate people will survive. By the way my comment to your Australian gun rights comment wasn't meant to piss you off. I guess I don't understand how that is relevant to whats going on with us.
medicatedsaint 3 years ago
It has everything to do, as our market follows the DOW (us)if you didnt already know. And we have our own set of problems to here on our soil.
But The US sets the stage off for what our market does the next day...as we are a day ahead ..so its very important to stay up to date with what is going on over there, economically and marketwise.
myspacesecrets 3 years ago
hey myspacemate,
can u do an update with that chart on 1929 and todays nazdaq
cybertrader69 3 years ago
There may not be an election this year.
truthsabre7 3 years ago
Also regarding The economy from govt and the upcoming elections, I dont think the Clinton will last that long, you will see them shed the light and their true colors will come out.
Not too sure, but I think the presidential race will come down to McCain and Obama, with Obama winning by a slight margin in November. He has many solutions to fix this crisis and has a tough job ahead of him.
myspacesecrets 3 years ago
Cheers, this recession will get worse. Things will then sprial downhill and we are sure to enter a depression.
myspacesecrets 3 years ago
it's happening NOW. 4% unemployment in OZ is unsustainable. High interest rates will maintain the strength of the OZ $. The new world reserve currency will be the Euro. The world economy will find that it can survive without the US consumer.
borstsalami 3 years ago
Yes here in Oz we have our own problems. Plus We increase rates as US decreases.
myspacesecrets 3 years ago
How soon will it happen/?!
ichibanfan 3 years ago
im thinkin this crash should happen around late 08 to 09...
VIRUSx17 3 years ago
Yes the big panic will come soon. We will have to wait!
myspacesecrets 3 years ago
Can you do a video specificaly on Australias economy for your Australians fans.
mrchekky 3 years ago
Yes, I will do this down the track!
myspacesecrets 3 years ago
Kudos on talking about the Hyper-Materialism that has plagued the world and especially here in America. Civil Unrest in Egypt over food, also Asia civil unrest over rice.
visionvictory 3 years ago
thanks for making this video. I'm going to share this with as many people that will listen. God Bless!
visionvictory 3 years ago
yes virus, it sure is!
myspacesecrets 3 years ago
start stockin up folks cuz this storm is gonna be here to for a while....
VIRUSx17 3 years ago
talk is cheap.
the economy has bottomed. u are too pessimistic.
in life, u have to learn to be more optimistic.
Zhuangyao 3 years ago
yes the media keep calling the bottom, i think they have called it what... 5 times now! They must be right! ;) Buy away if you have to??
myspacesecrets 3 years ago
It is no where near a bottom. Banks collapsing? Fed needed to come to the rescue with 1930 style bailout. It's not pessimistic... it's realistic. Wake up.
JP5466 3 years ago 2
Thank you :-)
Love & Light
attractionlaw 3 years ago
GREAT VIDEO BRO! This is your best one yet. You hit all the main points that we're facing in this one. I may post this one on my myspace page.
markymarkuss777 3 years ago
Cool, Thanks markymarkuss much appreciated!
myspacesecrets 3 years ago
hello mate? u there...
i guess he's out wrestlin crocks again.
cybertrader69 3 years ago
Crickey! LOL!
myspacesecrets 3 years ago
oh and mate, since they don't want to discuss anything but doom and gloom on mot site. do you agree at least to one thing that can save this economy. one thing that can turn all this around and have the Dow hit 40,000 by end of 2009
cybertrader69 3 years ago
Yeah, I agree about mot. It gets to the point that it's the same ole, same ole. myspacesecerets at least gives you info based on the current situation and then gives you his opinion on it. mot is "I've been saying for months the economy is going to tank when no one else would. I'm just tellin' the truth". Now, I'm not trying be pejorative to mot. He seems to be very nice and intelligent person. But you can only tell the world hell is coming so many ways and so many times. Solutions would be nice
medicatedsaint 3 years ago
hey mate,
i hope u got in on that goldman short, take profits here at 169.00.
so end of world eh, well thats all fine and dandy. can you help me find the next BSC bank crash would be great.
cheers, im drinking beer all day while tradin,. great stuff mate
cybertrader69 3 years ago
Cheers Cyber, always great to hear from you!
More important events to come, I will try to keep you posted.
myspacesecrets 3 years ago
How much longer do you think the ups and downs will go on in the market before a big crash? Why doesnt the president seem concerned and warn the public? will all this even affect people in government offices?
paduow 3 years ago
Follow the money
lorerax1 3 years ago 2
10,000 jobs are said to be going in London's finance sector.
Puzzoozoo 3 years ago
Hey mps
I'm about 1 week away from purchasing a few g's worth of physical gold nuggets. Do you think this will be a good investment? I'd love to hear your take.
chrisbeer 3 years ago
Gold and silver are great long term investments.
myspacesecrets 3 years ago
Ruddy will save us all. I hear he is on his way to the USA to visit another strip joint.
mrchekky 3 years ago
LOL!
myspacesecrets 3 years ago
Can you do a video specificaly on Australias economy for your Australians fans.
Paul from Melbourne
mrchekky 3 years ago
a weather disaster here in the US would be ruff! Seeing how they handled Katrina makes us wonder how they will react...or...not react
These clowns need to go!!
ptaba123 3 years ago
finally someone telling it like it is .
john howard has had people sucked in with the story that the liberal party created the economy we have.
biggest load of tripe ever fed to the australian people .
We have been part of a hugh world boom but i hate to say it but the ride is over and this is the proof that goverments do not control the economy in the way the liberal party has missled the australian people.
I cant see the liberals sticking their hand up for the downturn in the economy.
australiannewss 3 years ago
John Howard was a no hoper. Please don't listen to the media, or the govt, They lie and deceive and still will be in 100 years.
myspacesecrets 3 years ago
Live for today, but prepare for tomorrow. The smart ones are!
myspacesecrets 3 years ago
I love the "have a great day" after all the negative. :) And I'm not picking on you. It's disheartening because my family and I have always been careful and realistic with the way we live and how we spend our money. And it's the idiots who have ruined it for the rest of us. But if McCain gets in there will be more war for us Americans and to whom we decide to attack (obviously most likely Iran). I swear it's like we are on the train of udder stupidity. Take care. I'm sorry we are such idiots.
medicatedsaint 3 years ago
They say gun's don't kill people, people kill people. I'd say that gun availability inevitably leads to use. No guns, no shootings. So too with the nature of the global economy. If there are few checks and balances, rife speculation, economic gambling and globalisation looting are inevitable and fake assets bubbles will blow up all over the place. People in one country will be buying their 2nd car, 3rd TV while others die of aids in somewar-torn, debt-paralysed 3rd world country. Cheers MS.
Convisis 3 years ago
Yup, Thanks!
myspacesecrets 3 years ago
Thanks for another contribuition MS.
I have been following for a while your good job here and your comments on mot's videos as well.
Amhiro 3 years ago
Unfortunately there are already a lot of people that are depending on food banks and government handouts and so forth. What is going to happen to them?
dublin58 3 years ago
The truth is nobody (as in the nation as a whole) cares. It's all going to be tight communities helping each other out. This is why myspacesecrets suggests people get to know each other in their neighborhoods, grow gardens, medicine, provide protection, maybe even carpool and pitch in for the (at some point) 15 dollar a gallon fuel. We Americans are pretty selfish at this point. Even when the crap hits the fan here most will have shot guns pointed at people and tell you to get the hell away.
medicatedsaint 3 years ago 2
Yes medicatedsaint, unfortunately that is probably true.
dublin58 3 years ago