I think food stamps should be abolished. Everyone in need should get cash on the barrelhead: $525 + rent + universal health care. If you not able or not willing to find a job within 5 years you ought to get food stamps.
I have been taking gerald celente;s advice for many years but never had enough to buy gold. Now i am doing entreprenaureal things. Very disaplined. Sold my home, And since people have to eat and will drink. Someone i know got a food handelers licence online. the course is free. someone i know got the liquor licence, a tavern is in the making, and that is what we have to do, buy a small business with family members, think of something along those lines. A new candy store. Buy from small bus.
add me to another one who had to go on food stamps. I lost ten pounds before i finally broke down and went through hell to get them. I lost a state job before that and was out of work for more than a year. I had to sell my home before that too. Lucky I sold it in a few months. But that don't even matter. I am struggling to pay my rent now, forget CC payments. I tried to get a job all that time but no takers. My last resort next is to go bankrupt. Lucky I have no little kids.
The traitor Obama and his anti-American wife party on taxpayers money while unemployed Americans experience anxiety over how they will feed their families and pay their bills. You people who voted for this foreign bred parasite are to blame. Hopefully you are experiencing the pain unemployed Americans feel, and desevedly so.
You do not understand my position, or what I had written (even though the words are in plain site). I hope I did not express support for the Republican party. Nor did I even MENTION the Democratic party (note the capital D as opposed to saying democratic--lowercase d).
'you like democracy until it works' Lie.
This country is NOT supposed to be a democracy. A democracy=mob rule and was the downfall of Roman empire. If you read ANY of my previous posts, you would understand my position.
I totally agree with you. A one of the millions of jobless that have been so for over six months I have been watching all this shit happen from the very bottom.
Whenever destroyers appear among men, they start by destroying money, for money is mens protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it.
Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked: Account overdrawn. Ayn Rand, Atlas Shrugged
we'll be dead soon enough. i want to say i am truly sorry and changed my mind totally about any kind of national health care. i was misguided and so ignorant, and was a democrat. my eyes have been opened so wide now.
@LetsTalkSexTalk to be more precise, it's the way our government treats the baby boomers. instead of giving them entitlements via social security, they need to work and produce for the economy.
@PrepNow No - there is not enough held by Americans to make a significant difference, and our currency is not tied to a gold standard anymore, so they can just print more money.
I dont know what the rest of you think but im ready to switch currencies now!!! I think what is a major economic possibility is the rise in free floating currencies inside of the U.S. competing with the dollar. I know it sounds far fetched but imagine a farmer/food producer who can pay his employees in this new currency and he accepts it for the purchase of his own goods/food. The massive contraction of available dollars is only going to get worse so why not start now?? Ahead of the curve??
Yeah suck it up! Go long on your precious metals. You will be better for it. Keep making money so you don't have to cash out now...but go LONG on your PM's...
Why are people so stupid? The price of oil isn't just the dollar, the dollar is only a small portion.
Since 99 the dollar has dropped around 25%, while oil has gone up 15x (at a peak) and is now around 8x. The fundamentals in oil are horrible. Supply is terrible, refining capacity is terrible, production is terrible. Oil is going to end up being very expensive and then up from there.
Oil is going up because of geology. Newer oil projects are deeper and deeper with higher and higher costs, conventional oil fields are all in decline and many experts believe the mighty ghawar is also past peak. We are in serious trouble when it comes to oil. As the rest of the world exits the recession, oil is going to hit 200, 300, 400 and so on and production will remain flat or go down.
Do you really think it isn't more expensive to get to oil that is under 10,000 feet of water than it is to get to the oil in Saudi Arabia?
Have you ever seen a deep water rig and how big they are? Just think of all the material, all the steel, all the energy, all the people, all the expensive technology... Oil is getting more and more expensive and production is going to decline. Oil has been on a plateau for 4 or 5 years and it's going to start declining.
1 well "replenished itself" and it is understood why it did so and was unique. No other wells display this behavior. Petroleum geologists all over the world know we are in deep shit. The amount of production that the "disputed" areas could produce is no more than 2 MB/D at best.
Wake up and smell the geology. Doing research means more than checking alex jones websites. Try reading some of the OTHER stuff out there.
I wasn't trying to dis you, don't take it that way.
I would love to believe this renewable oil theory, but it just isn't working out in the real world. There was 1 well that refilled itself, but it simply got oil from a connected deposit.
Far too many people believe that the areas that are off limit would make a major difference in American oil production: it wouldn't. People look at shale and think we are sitting on a ghawar, we aren't.
What new evidence, do you have a link or a search phrase?
Actually, there is a new article coming out in an oil industry rag that explains new evidence in Mendeelev's abiotic oil theory.
Other resources: peakoil(dot)net website
Watch the old movie The Formula (based on the actual events of Nazi Germany creating synthetic fuels (oil and gas) from coal. But that tech was squashed later by US oil execs after war.
Peak oil has less to do about science and more about politics and corrupt corps.
But oil companies are all denying the problem, so if they were just trying to get us to pay more they would talk it up, not deny it. The Nazi's used wood gas as well, but none of it makes sense when you aren't at war and nobody is blocking your access to oil. I will look for this new article. I certainly would love it to be true, but so far it's not well accepted and has very few supporters.
Your comments indicate you have little understanding of peak oil.
Peak oil is not about depletion of oil. It is all about reaching an optimum in extraction. Oil could be totally renewable, it does not matter in this regard. What matters is whether or not you can keep increasing the rate of extraction.
Rollinglibs, what does it matter? He talks about the economy, that's his area of expertise, and that's what he's advising people on. He can have his own opinions about everything else and he doesn't have to share them with anybody because then people who don't agree will be turned off, and there will be even more bickering and arguing on youtube than there is now.
I used to work an overnight shift for many years and it almost did me in. Lack of sleep is a killer. don't mean to scare you. If it's only for a while, then you should be ok, but people who lack good sleep for many years often get high blood pressure and other stuff.
My nursing program is two years. How long before marshal law and 3rd world U.S.? Side note: my mom works in a very busy retail store. Trendy, popular and cheap. (H&M) She is olbivious that every other store in the mall is EMPTY!
No disrespect to your mother, but I would expect more wisdom from the older people to recognise what's going on. I guess it doesn't happen that way though.
excellent vid mate. i dnt even bother bringing up the real economic news to friends and family anymore. They just dont get it! Iv got a mate who has $300,000 Aus in the bank and he has no precious metals. WE ALL need to get reader for the big ride. Silver is still cheap at even $20. Just think of when shit hits the fan. Prices of gold and silver will go to the moon. You will cry if you were just waiting for it to drop a few measily dollars to buy some then missed out on all the upswing!
Your are so right about Kudlow. He has his cheerleading pom poms out all the time. He very rarely sees any bad news until it is way too late. I gave up on him about a year ago as having any real insight into the economy. In my opinion he has a promotional agenda which clouds almost everything he says. This "recovery" is artificial and being ginned up by the Fed, the Treasury and the White House. They desperately need positive news to offset the skyrocketing unemployment.
I know something has changed. There is a company locally run by a guy who was one of the earliest "no cost mortgage" outfits...he moved here to RTP NC to catch our housing market boom 10 years ago).
Now his radio ads say: lowest interest rate ever, but a no cost mortgage is not for everyone, come in and we can work with you.
Of course no-cost-mortgages were based on a "rebate" that covered the points. NOT NOW. Looks like we have to sober up to get a mortgage.
On the radio today and "economist"said the realestate marjet was finding a bottom due to the 8k incentive. Uhhmm.. the fact that you need anincentive means it has not reached a bottom. And guess what happens when the 8k is nolonger offered ..... idiots!!
In these economic times we're still the best fed, best housed, and wealthiest nation on the planet (per capita). The inevitable new world order would only exist if all people on the planet were treated equally and there's not enough wealth to distribute among the billions of hungry humans As a balancing occurs things will only get worse for us as it gets better for other countries. Our nation's anxiety stems from our unconscious yet certain knowledge of this.
I agree. I remember the 74-75 recession, and the 79-83 Chrysler/GM cutbacks...this is much worse. Now the state of Indiana has commenced layoffs of state employees (33 so far, more to come). Tax revenue collections are 300 million less than projected in this state. It's going to get worse here.
You might come to appreciate that remoteness in the future. . . . It might turn out to be a blessing in disguise. Personally, it sounds heavenly to me! The more remote the better IMO.
I am in Henry County. The official claim is 10% unemployment in this county, same in Madison(Anderson), and Delaware(Muncie). Muncie has already made major cuts in their library system, and has laid off some police officers. Warner Gear transmission plant closed for good this year. It is weird to drive through Anderson and see the many GM plants not only closed, but torn down over the years.
Remote is good...just check out the Indianapolis news if you can.. : )
Is the stock market is a good place to be right now seeing we have low interest rates and a falling dollar? An inflationary period is a good time to be in the market, right?
No offense, but brain chemistry is a real thing. Not everything can be fixed with diet and exercise (or Jesus or meditation). I have sleep disorders for over 20 years, as well as some other chronic issues, and believe me I've tried everything. Right now, I take Trazodone as a sleep aid, but I'm trying to get a prescription for Clonazepam in order to treat sleep paralysis as well as a couple other problems I suffer from. I think a lot of people have a very dark-ages perspective on meds.
do you have trouble falling to sleep because of having all this noise in your head like several radio stations playing at once?
That used to be me and I slept horribly for most of my life. Do you wake up feeling like you have been a a tumbler and your body is sore and you feel like crap when you wake up and have no energy?
No it's just that the American Pharma has brainwashed the consumer into believing medicine is good for you. It's not, they're mostly very harmful chemicals which at best temporarily relive the symptom only to later cause a renewal of the problem with new side effect. You will never get better taking Clonazepam or Trazodone, keep taking them and you'll see you'll be a zombie in a few years. Smoking a joint would relive your symptoms much better, but Pharma is against that, so it's illegal.
You hit the nail on the head. They HATE treatment, they love prolonging your life, just so you can buy more of their drugs. It is a simple formula. It's simple dealing with effect is what modern medicine is all about and only effects, never the root cause. If you treat that, well why you wouldn't that many sick people who rely on your toxic chemicals. Drug dealers use this strategy daily!
Oh it most certainly is. Here is a quick fact check for those that think people like myself are conspiracists. So you think government and pharma want good for you and your family? Every large American pharmacy sells deadly cigarettes and quit smoking aid in the same store, on the same shelf. Hypocritical, isn't it? Now if you really want hypocrisy, check out what FDA (the same agency that says all homeopathic medicine is BS) did to Red Yeast Rice that is now sold in US. Just check wikipedia.
FDA basically has a private judge ask a favor in order to protect an American company's formula that had the same ingredient as the NATURAL Asian Red Yeast Rice mold that is extremely effective at treating high cholesterol due to lovastatin, a natural statin which occurs in the mold during a natural brewing process. So FDA issued an immediate warrant to make RYR void of any lovastatin, by forcing the makers to use a non-statin containing variety. Isn't this FRAUD? Isn't this monopoly? Check it!
Yep, I know about the FDA. The crappy food makes you sick, then you have to buy crappy medicine that makes you even more sick or doesn't help. The food companies and the pharmacies get rich in the process. What's the alternative? Educate yourself, try to stay healthy, buy/eat organic and try to find a good naturopathic doctor. Then you don't have to worry about Obama's plan bc chances are it won't cover alternative care but you'll still be much better off.
Thank you, jcwitness! That means a lot, especially coming from you. I love all your comments and it seeems we sort of think alike, except you know a lot more than I do :) I really liked the website and discussion board, and I was familiar with the format, that's why I started writing all kinds of things all over the place, probably a bit too much :). I am also learning a lot from all of you.
Obama is in Asia begging for another loan to subsidize the U.S. welfare state he is creating. For collateral he is offering the Chinese the state of Alaska. Poor Eskimos are the only working American's he has not screwed yet. Looks like it's coming now.
Another totally disconnected comment. I have nothing against your business. Business is business. But why do you keep masquerading the current situation as the US being on the wrong side? That is beyond me.
Currently, people lending to the US are the ones in a nasty mess as the US use the money they received to consume limited resources? People should better not lend to the US and use the money to consume themselves.
Daniel, do you really think the bullion banks will win out in the december contracts?? This time, it seems they are up against a government(s) who don't seem to be backing down. SOMEBODY is buying all the gold paper JPMorgan is peddling.
I've read also that the call volume is quite high, and D-Day for those is the 23rd, with Dec 1st as the first call on delivery for the COMEX (I believe).
And what if there is a massive food crisis in China or Europe and the world needs to be able to buy food from America. It would be nice if they had some dollars for that left over! Maybe if god forbid something like that does happen the dollar would have a huge rally?
I never hear how the education world is doing, so I thought I'd also give some info. to everyone on our reality (I work in education). Before the stimulus, things looked really bad. Now, things are great since they pumped tons of money into eduation for these 2 years. If that is truly over after next year, things in education will be an absolutely disaster. Just FYI!
Here in Austin, TX, we were just rated #1 for our economy by the Milken Group. But I just had an interesting thing happen: We have program assistants at work,, and in the past, these positions were filled by people with diplomas or GEDs. We just had to fill one of these positions. We filled it with a young man that graduated University of Texas McCombs Business School with a degree in International Business...he's making copies. This is a huge change!
I just graduated from UT this summer, and I'm fortunate enough to hold a full time job. Gotta ton of friends with straight A's and degrees in chemical engineering, finance, physics, economics, etc...and none of them have been able to find anything, so they're going deeper into debt by enrolling in grad school. Now normally a master's would be a great idea, but what if unemployment is even worse in 2-3 years? That's just more debt they have to pay off...sad situation
Wow, even those with chemical engineering and physics degrees can't find any real work?? That's pretty scary. About 3 years ago, I knew people graduating with the same sort of degrees who were practically snatched up by varying companies and institutions for a job right after they graduated. This is quite a change indeed.
I think my son either saw this coming or just had dumb luck...he left University of Oregon after 1 1/2 years and joined the Navy. Now in boot going on to 2 years of nuclear reactor school. Wont pay like a civilian job but has good benefits.
Yeah, and like I said, this a guy we NEVER would have been able to get for this type of job just 1 1/2 years ago....we were begging for people with GEDs that didn't have completely shady pasts, etc. If we lined up these assistants pre and post, you'd think it was a joke. People with gold teeth standing next to people with International Business degrees doing the same job (and the business degree getting paid less). And our economy is ranked #1.
Nice analogy with the nyquil. I'm not sure if you've done a video on it in the past, but you should look into peak oil. Peak oil is not the end of oil, it's just the end of "cheap oil." World oil production/demand is currently close to 1:1. If demand surpasses supply then get ready for some big time volatility and changes. There is plenty of oil left, but its quality is diminishing and the cost of extracting it is growing.
All Goldman Sacks profits since bailout are based on proprietary trading system software.
It allows the banksters to slide in a fraction of a second in front of more honest investors to skim a little off the top.
What do these criminals create? What can they create that someone can buy? They create nothing. They steal from investors and weaken America and the world economy.
Bring out all trading into the light so you can see who is manipulating it would reduce prices.
Expose all the corrupt ways the economy is manipulated in order to bring it under better control.
The traders are writing the rules which can't happen.
So if your an honest invester it is much harder than it should be to be successful.
And too much money is sucked out of the productive economy by people that only manipulate the system and create nothing of value that people want to buy.
We have just about ended the BEAR market rally that began in March. Once the next wave down begins, then you will see deflation kick in. When Dow comes close to 4,000, is when you pick up gold ($600-$700 range). Silver $8.
I own Fidelity Select Gold and purchased it in Dec. 08 at $15 a share and now its $45 so i guess i will ride it and keep listening to whats gonna happen as for as gold goes. To bad its bought and sold with fiat money.
I can feel ur pain I just had a son and boy like clockwork every 3-4hrs he needs a bottle and it doen't matter if its 3pm or 3am. It gets easier as time goes on, at least for me now.
Thanks for the 'shot' in the arm to keep on keeping on Dan. The hold em instead of take the profit and fold em psychology. We will all be glad that we did even though here and there it has been a bumpy ride and a little scary. Thanks for all that you do.
Keep your eyes on the skies! Something big is coming. The intensity of Chemtrails have increased in my area. Research the H1N1 Chemtrails connection. Its' all tied into NWO plans to crash the U.S. economy and usher in a new system.
Great job Daniel. Congrats again on the new baby, and I hope your wife recovers quickly. I agree, we're about to see additional instability. We certainly are living in interesting times.
As Karl Denninger shows, the upsurge in the markets mirrors the fall of the dollar. It's not an increase in value, it's a high frequency traded inflation of the nominal value.
They are saying in the news here in France that technically, the recession is over here in this country. There are lots of opportunities here, but you must have cash, be debt free, and be very frugal. This is one fact of life that never changes, from what I have seen.
Thanks to you and many other guys I'm less economic peasant. Just like Max Keiser said bank is new church, and bankers are keeping dumb masses away from their mumbo jumbo games...
Hey, sleeping under presure is good for practising lucid dream, or even better OOBE. That's my investment advice, invest in dreams, benefits are great. :D
It is the sheeple that buy the gold high then shortly sell low and winge and that is because they don't know what's going on but follow like the lemmings they are. They fleece themselves.
If they don't get it it is because they do not get it.
Nice video. I'm glad you finally pointed out that you should stick to trends and not short term investment moves.
Even though Peter Schiff was wrong in 2008 and you were wrong in short term predictions in October / November, both your long term views are still accurate. Nobody can time this highly manipulated markets. Go long and stay long, that's the bottom line.
. Are people really that stupid? Sell gold for a loss, and complain about it? If you sell, you, you don't even have a clue why you bought in the first place. I bought PM mining stocks in December. of the last year "very close to the lows", and yes I had 15% drops in one day, but never any idea crossed my mind, that I should panic and sell
I own some PM stocks as well. Do you agree they will dip when the dow crashes and then recover and become the only game in town for the big money? This should be a repeat of 1975-1980 mining stocks hysteria in steriods.
That's my idea too. If DOW crashes mining stocks could become extremely undervalued compared to the actual metal. Hope to load up the boat when Dow at 4000. Meantime not selling current holdings. Dow could keep crashing upwards. You don't mess with your insurance money for some small gain. P.S.: and yes don't want to miss a moon shot event
And...the mining stocks are still cheap from the last crash, so if you buy now you are already in good shape for the next dow fall. The 2nd fall will have big money looking for long positions in gold/silver/commodoties. The secong drop will awaken the skeptics.
ADVICE ON LACK OF SLEEP: Buddy, your lack of sleep is NOT going to change anytime soon. Best way to handle it? Don't think I'm crazy! DrumRoll please....................WHEAT GRASS JUICE! For whatever reason, It makes 4 hours of sleep feel like 9 when you wake up in the morning. You wake up already off the runway. It's great stuff!....not to mention, it's pretty much the best thing on EARTH you can put in your body.... just my two cents, though you PROBABLY won't read it, anyhow : /
The first nite I brought my son home, I was so scared I wouldn't hear him, I didn't sleep at all that nite. My sister got up the next morning laughing at me and had me go to sleep. She had already had two kids though. Most people don't realize but, as soon as you have a baby, your instincts kick in and you never sleep the same.
Yeah, I'm thinking the real volatility will come shortly after the holidays, in late January at the earliest, but early March at the latest (when they have to report how bad the holiday consumer spending slaughter hit the retail sector this year). I'm finally researching metals rather than idly thinking about it. I'd like to be ready when gold (hopefully) retrenches back to the $1000 range from what will likely be $1200 by year's end. Platinum and silver look good right now.
...and not just an artificial drug to make you sleep, but a gross neglect of the baby too (in America's case, the real economy). Not a bad analogy at all.
That's why I watch you. And congratulations on your new bundle of love and joy. :-)
I think food stamps should be abolished. Everyone in need should get cash on the barrelhead: $525 + rent + universal health care. If you not able or not willing to find a job within 5 years you ought to get food stamps.
Atheist2006 5 months ago
well ya duhh that's there plan destroy America
jewls323 1 year ago
I have been taking gerald celente;s advice for many years but never had enough to buy gold. Now i am doing entreprenaureal things. Very disaplined. Sold my home, And since people have to eat and will drink. Someone i know got a food handelers licence online. the course is free. someone i know got the liquor licence, a tavern is in the making, and that is what we have to do, buy a small business with family members, think of something along those lines. A new candy store. Buy from small bus.
adnetjm 1 year ago
add me to another one who had to go on food stamps. I lost ten pounds before i finally broke down and went through hell to get them. I lost a state job before that and was out of work for more than a year. I had to sell my home before that too. Lucky I sold it in a few months. But that don't even matter. I am struggling to pay my rent now, forget CC payments. I tried to get a job all that time but no takers. My last resort next is to go bankrupt. Lucky I have no little kids.
adnetjm 1 year ago
america is bankrupt.. accept it.. its NOT the result of barrack obama its the heritage of a long term bad policy
the american dream
is a dream
caleron0 1 year ago
@caleron0 So true...I completely agree with you.
mrkmoua 1 year ago
Gerald Celente has said for 6 months now: "It's not a recovery; it's a cover up!"
xmenrus 2 years ago
I recognized him as a marxist/leninest during his campaign for president. He has broken every promise during his first year as El Prsidente.
xmenrus 2 years ago
The traitor Obama and his anti-American wife party on taxpayers money while unemployed Americans experience anxiety over how they will feed their families and pay their bills. You people who voted for this foreign bred parasite are to blame. Hopefully you are experiencing the pain unemployed Americans feel, and desevedly so.
thirdcoastguy 2 years ago 3
If Satan is the father of the lie then Barack Obama is his favored son.
thirdcoastguy 2 years ago
You do not understand my position, or what I had written (even though the words are in plain site). I hope I did not express support for the Republican party. Nor did I even MENTION the Democratic party (note the capital D as opposed to saying democratic--lowercase d).
'you like democracy until it works' Lie.
This country is NOT supposed to be a democracy. A democracy=mob rule and was the downfall of Roman empire. If you read ANY of my previous posts, you would understand my position.
jcwitness 2 years ago
I totally agree with you. A one of the millions of jobless that have been so for over six months I have been watching all this shit happen from the very bottom.
BrokenTheCrow 2 years ago
Yes, I am praying for Obama
Psalm 109:8
The electoral colleg(the 'voting' system of the USA) is only democratic in part.
A TRUE democracy mean win by majority (and the USA is NOT supposed to be a democracy anyway).
Picking the 'lesser of 2 evils' means you are still voting for evil.
jcwitness 2 years ago
If people look at the Dow priced in gold, they'll find that it's actually been in decline since 1999.
TenderTrap86 2 years ago
Oh!!! this is my nigga, Good shit man!!!
Charles0in0charge 2 years ago
I want some food stamps... Where can I get some????
link2randle 2 years ago
This has been flagged as spam show
Obama's stimulus at work!!!
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thomastholin 2 years ago
Product Placement!!!!
I forecast an asset bubble :)
troublehoff 2 years ago
Comment removed
rearea718 2 years ago
Buy rubies. You can see through them and the world looks better. Ruby colored glasses (rose).
krrrruptidsoless 2 years ago
You are on the wrong channel.
If you are looking for easy money or follow the path of profit at another man's loss, then go to Jim Kramer's place.
I hear they serve drinks after 7 and extra helpings of crazy.
jcwitness 2 years ago
Whenever destroyers appear among men, they start by destroying money, for money is mens protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it.
coultrane 2 years ago
Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked: Account overdrawn. Ayn Rand, Atlas Shrugged
coultrane 2 years ago
Comment removed
GanjaZombi2 2 years ago
It's morbid for me to say, but we just need to wait for the baby boomers to die. That population bulge is the source of many problems.
LetsTalkSexTalk 2 years ago
we'll be dead soon enough. i want to say i am truly sorry and changed my mind totally about any kind of national health care. i was misguided and so ignorant, and was a democrat. my eyes have been opened so wide now.
medini2 2 years ago
@LetsTalkSexTalk to be more precise, it's the way our government treats the baby boomers. instead of giving them entitlements via social security, they need to work and produce for the economy.
rockstar728 2 years ago
Hi Daniel,
Congratulations again on your baby.
You know Dr. Berninger on youtube... he has a video out this morning about gold
confiscation. The video was just posted an hour ago ... I would like your take on this. Do you think they actually will confiscate gold?
PrepNow 2 years ago
@PrepNow No - there is not enough held by Americans to make a significant difference, and our currency is not tied to a gold standard anymore, so they can just print more money.
rockstar728 2 years ago
WE NEED TO CHANGE SOMETHING SOON!
SCIENTOLOGY2012 2 years ago
"Do not adjust your mind to reality, it is reality that is wrong."
Robert Anton Wilson
ScienceArtSpirit 2 years ago
Tarp didn't go to prop up banks it went to pay off the countries that was owed money by the banks.
this is still just getting under way in 2 years Americans will look like those of the first Depression,thin feeble and weary.
Everything is being bought or has already been bought up by foreign countries for pennies on the dollar.
still the American people do not come together to stop the mad men running the country.
Corruption from tip to top and there is no relief in sight
dave777blaster 2 years ago
Its all just entertainment isn't it? I mean - seriously...who even cares about Bush/Cheney's War Crimes now? lol Excellent red herring.
I think your analogy is correct - They hope that if they narc the American public they will eventually heal on their own and all will fix itself. NOT!
PsyogiBottoms 2 years ago 2
great points
visionvictory 2 years ago
This has been flagged as spam show
i am looking for nice guys who want to chat or give me a call
SexyyAamberr 2 years ago
Pull back in gold and silver? I look forward to it then. Great chance to buy on the dips.
onemindonespirit 2 years ago
Daniel, go get a bottle of tryptophan (sp?) and take before bed and you will sleep like a whatever....
smhutson 2 years ago
bottle of tryptophan (sp?)
it is spelled T-U-R-K-E-Y
that's why you sleep after Thanksgiving.
and why the broadcast subliminal advertising in the Macy's Thanksgiving Day parade.
whattascam :)
jcwitness 2 years ago 2
?? I can't say I understand the parade bit. If he does not want to eat a turkey every night the tryptophan works great.
smhutson 2 years ago
Good analogy, you are a good influence to the media drowned people in the world.
Keep yourself healthy Daniel
Revolution15now 2 years ago
96% of GDP is stimulus? Can you point me towards some reports or articles to back this up? No disrespect, I'm a fan, but this is a pretty big claim.
tantoi10man 2 years ago 4
I dont know what the rest of you think but im ready to switch currencies now!!! I think what is a major economic possibility is the rise in free floating currencies inside of the U.S. competing with the dollar. I know it sounds far fetched but imagine a farmer/food producer who can pay his employees in this new currency and he accepts it for the purchase of his own goods/food. The massive contraction of available dollars is only going to get worse so why not start now?? Ahead of the curve??
CASTILLOM1 2 years ago
I believe that it is illegal to use a different currency in the USA. You can invest in foreign currencies but you can't pay people with them.
THe Fed thought about that 100 years ago. THey can't have competition.
smhutson 2 years ago
Actually, there are many stipulations where contracts can be written to be paid in dollars OR in silver. (I looked it up a few months ago).
Also, states like Indiana have been introducing legislation to handle state financial transactions with SILVER..
(I posted this many moons ago on one of Dan's other videos with the proposed legislation.)
jcwitness 2 years ago
Yeah suck it up! Go long on your precious metals. You will be better for it. Keep making money so you don't have to cash out now...but go LONG on your PM's...
videolover61 2 years ago
Comment removed
wakeupbreathing 2 years ago
thanks!
chromedreamz 2 years ago
Why are people so stupid? The price of oil isn't just the dollar, the dollar is only a small portion.
Since 99 the dollar has dropped around 25%, while oil has gone up 15x (at a peak) and is now around 8x. The fundamentals in oil are horrible. Supply is terrible, refining capacity is terrible, production is terrible. Oil is going to end up being very expensive and then up from there.
christo930 2 years ago
If you measure the price of a dollar compared to gold it makes more sense.
bdc03 2 years ago
Oil is going up because of geology. Newer oil projects are deeper and deeper with higher and higher costs, conventional oil fields are all in decline and many experts believe the mighty ghawar is also past peak. We are in serious trouble when it comes to oil. As the rest of the world exits the recession, oil is going to hit 200, 300, 400 and so on and production will remain flat or go down.
christo930 2 years ago
yeah that's what the global warming crowd wants you to think. it will go to that lvl because of inflation.
bdc03 2 years ago
Do you really think it isn't more expensive to get to oil that is under 10,000 feet of water than it is to get to the oil in Saudi Arabia?
Have you ever seen a deep water rig and how big they are? Just think of all the material, all the steel, all the energy, all the people, all the expensive technology... Oil is getting more and more expensive and production is going to decline. Oil has been on a plateau for 4 or 5 years and it's going to start declining.
christo930 2 years ago
Nope.
Oil has always been under ocean crust, but do not infer that it ONLY exists there.
Companies are NOT drilling in the terra firma in the continental USA.
Why?
there is oil there. In fact some of the wells that 'went dry' have somehow been 'replenished'.
A better question is why are the permits taking over 2 years to issue for domestic drilling (if at all)?
It isn't REALLY about the environment.
Don't take my word for it.
Do your own research.
jcwitness 2 years ago
1 well "replenished itself" and it is understood why it did so and was unique. No other wells display this behavior. Petroleum geologists all over the world know we are in deep shit. The amount of production that the "disputed" areas could produce is no more than 2 MB/D at best.
Wake up and smell the geology. Doing research means more than checking alex jones websites. Try reading some of the OTHER stuff out there.
christo930 2 years ago
'smell the geology'.
You don't need to be condescending with me.
Especially on anything concerning organic chemistry, genetics or any of the earth sciences.
I don't know what research you are thinking of and I actually don't follow Alex Jones, but I will take your word for that.
Dimitri Mendeelev was a Russian chemist that back in the late 1800's proposed a theory of recent oil formation.
New evid says he was right.
jcwitness 2 years ago
I wasn't trying to dis you, don't take it that way.
I would love to believe this renewable oil theory, but it just isn't working out in the real world. There was 1 well that refilled itself, but it simply got oil from a connected deposit.
Far too many people believe that the areas that are off limit would make a major difference in American oil production: it wouldn't. People look at shale and think we are sitting on a ghawar, we aren't.
What new evidence, do you have a link or a search phrase?
christo930 2 years ago
Actually, there is a new article coming out in an oil industry rag that explains new evidence in Mendeelev's abiotic oil theory.
Other resources: peakoil(dot)net website
Watch the old movie The Formula (based on the actual events of Nazi Germany creating synthetic fuels (oil and gas) from coal. But that tech was squashed later by US oil execs after war.
Peak oil has less to do about science and more about politics and corrupt corps.
jcwitness 2 years ago
But oil companies are all denying the problem, so if they were just trying to get us to pay more they would talk it up, not deny it. The Nazi's used wood gas as well, but none of it makes sense when you aren't at war and nobody is blocking your access to oil. I will look for this new article. I certainly would love it to be true, but so far it's not well accepted and has very few supporters.
christo930 2 years ago
You can find it in ACS Energy & Fuels (bimonthly magazine).
Many writeups in blogs about it already in past week.
(I hate youtube for real conversation.)
I will post the links on the visionvictorymanifesto website in the discussion board.
check it out.
jcwitness 2 years ago
Your comments indicate you have little understanding of peak oil.
Peak oil is not about depletion of oil. It is all about reaching an optimum in extraction. Oil could be totally renewable, it does not matter in this regard. What matters is whether or not you can keep increasing the rate of extraction.
TheCZMan 2 years ago
men! who are you? ... BARREK O' BLA BLA ???? ...
crazyharis 2 years ago
well i guess those unemployment riots will be just in time for christmas!
Isawanangel1X 2 years ago
Not to be rude..but are you a 9-11 truther?..
rollinglibs101 2 years ago
Rollinglibs, what does it matter? He talks about the economy, that's his area of expertise, and that's what he's advising people on. He can have his own opinions about everything else and he doesn't have to share them with anybody because then people who don't agree will be turned off, and there will be even more bickering and arguing on youtube than there is now.
sstoy10 2 years ago
I agree, cant be bothered to talk about this stuff anymore, i just sort out my self and family, ill just watch from the sidelines.
simonbayes1 2 years ago
I used to work an overnight shift for many years and it almost did me in. Lack of sleep is a killer. don't mean to scare you. If it's only for a while, then you should be ok, but people who lack good sleep for many years often get high blood pressure and other stuff.
iloveterriers 2 years ago
Joseph is a good name to give a child.... :)
josephericlopez 2 years ago
My nursing program is two years. How long before marshal law and 3rd world U.S.? Side note: my mom works in a very busy retail store. Trendy, popular and cheap. (H&M) She is olbivious that every other store in the mall is EMPTY!
wwcdmeister 2 years ago
No disrespect to your mother, but I would expect more wisdom from the older people to recognise what's going on. I guess it doesn't happen that way though.
iloveterriers 2 years ago
Just take 1 nyquill please :) :) :) They r strong.
Adahondeayenh 2 years ago
Free up the free market.
camelhawk 2 years ago
thanks for posting vid
gazoorap 2 years ago
You 100% right
fredzovah 2 years ago
excellent vid mate. i dnt even bother bringing up the real economic news to friends and family anymore. They just dont get it! Iv got a mate who has $300,000 Aus in the bank and he has no precious metals. WE ALL need to get reader for the big ride. Silver is still cheap at even $20. Just think of when shit hits the fan. Prices of gold and silver will go to the moon. You will cry if you were just waiting for it to drop a few measily dollars to buy some then missed out on all the upswing!
rla007 2 years ago
"Kudlow you're stupid" Like that man.
SouthFacedWindows 2 years ago
Thank you for this video I Love your opinoin. I hope your child does well, I will pray for your family.
RJL738 2 years ago
Your are so right about Kudlow. He has his cheerleading pom poms out all the time. He very rarely sees any bad news until it is way too late. I gave up on him about a year ago as having any real insight into the economy. In my opinion he has a promotional agenda which clouds almost everything he says. This "recovery" is artificial and being ginned up by the Fed, the Treasury and the White House. They desperately need positive news to offset the skyrocketing unemployment.
pepeledog 2 years ago
i dont feel stimulated
Deft89 2 years ago
Thanks for the video!
Haha, the first month is tough with sleep. Like I said in a previous comment, 30 days, a pinch of rice cereal in the bottle, NIGHT NIGHT!
crasster1 2 years ago
I know something has changed. There is a company locally run by a guy who was one of the earliest "no cost mortgage" outfits...he moved here to RTP NC to catch our housing market boom 10 years ago).
Now his radio ads say: lowest interest rate ever, but a no cost mortgage is not for everyone, come in and we can work with you.
Of course no-cost-mortgages were based on a "rebate" that covered the points. NOT NOW. Looks like we have to sober up to get a mortgage.
adamitshelanu 2 years ago
Joseph! Awesome name! (It's mine, lol) Congratulations on the offspring. Another great video. Cheers.
JRCrowley 2 years ago
thx :)
visionvictory 2 years ago
Godspeed little Joseph!...Spot on with everyting Daniel said. He's just plain correct....
magbigblock 2 years ago
Pumping artificially inflated markets is bad news. Correction is good news.
Keep up the good news V V.
halfasheep 2 years ago
great comments
visionvictory 2 years ago
On the radio today and "economist"said the realestate marjet was finding a bottom due to the 8k incentive. Uhhmm.. the fact that you need anincentive means it has not reached a bottom. And guess what happens when the 8k is nolonger offered ..... idiots!!
jdl1881 2 years ago
In these economic times we're still the best fed, best housed, and wealthiest nation on the planet (per capita). The inevitable new world order would only exist if all people on the planet were treated equally and there's not enough wealth to distribute among the billions of hungry humans As a balancing occurs things will only get worse for us as it gets better for other countries. Our nation's anxiety stems from our unconscious yet certain knowledge of this.
ciresieman 2 years ago
My stock portfolio feels Stimulated....
j25ack 2 years ago
I'm on food stamps and unemployment and will be celebrating one full YEAR with a job....
Never in my life, have I seen it bad like this in Indiana....
AfricanMadman 2 years ago
congrats on the job :)
visionvictory 2 years ago
Don't thank me yet.....
They already gave us a meeting on cutbacks after the holidays.....lol
AfricanMadman 2 years ago
I agree. I remember the 74-75 recession, and the 79-83 Chrysler/GM cutbacks...this is much worse. Now the state of Indiana has commenced layoffs of state employees (33 so far, more to come). Tax revenue collections are 300 million less than projected in this state. It's going to get worse here.
retmilhoosier 2 years ago
you saw that too?
I mean heck, even the "Suits" are seeing the hurt this season....
AfricanMadman 2 years ago
I am in elk county. Official unemployment reached 19% months ago for this country. LaGrange is the same.
I could move up in Michigan right now if I really wanted to, but being literally 10 miles from even a store is a bit too remote right now.
(but boy is it quiet out there!)
jcwitness 2 years ago
You might come to appreciate that remoteness in the future. . . . It might turn out to be a blessing in disguise. Personally, it sounds heavenly to me! The more remote the better IMO.
Michigansnowpony 2 years ago
I am in Henry County. The official claim is 10% unemployment in this county, same in Madison(Anderson), and Delaware(Muncie). Muncie has already made major cuts in their library system, and has laid off some police officers. Warner Gear transmission plant closed for good this year. It is weird to drive through Anderson and see the many GM plants not only closed, but torn down over the years.
Remote is good...just check out the Indianapolis news if you can.. : )
retmilhoosier 2 years ago
pay back a pitch is't it .......................
tareqjj 2 years ago
Is the stock market is a good place to be right now seeing we have low interest rates and a falling dollar? An inflationary period is a good time to be in the market, right?
casualityofwar 2 years ago
dow 30 would be good...international companies...they make their money internationally...good luck
bjmccullough 2 years ago
Break it down Danny Boy!!!
devilslice 2 years ago
yes ... gold usually pulls back in the 2nd half of Nov.
jeff99az 2 years ago
No offense, but brain chemistry is a real thing. Not everything can be fixed with diet and exercise (or Jesus or meditation). I have sleep disorders for over 20 years, as well as some other chronic issues, and believe me I've tried everything. Right now, I take Trazodone as a sleep aid, but I'm trying to get a prescription for Clonazepam in order to treat sleep paralysis as well as a couple other problems I suffer from. I think a lot of people have a very dark-ages perspective on meds.
D4Shawn 2 years ago
do you also have anxiety.
do you have trouble falling to sleep because of having all this noise in your head like several radio stations playing at once?
That used to be me and I slept horribly for most of my life. Do you wake up feeling like you have been a a tumbler and your body is sore and you feel like crap when you wake up and have no energy?
johnnecron 2 years ago
No it's just that the American Pharma has brainwashed the consumer into believing medicine is good for you. It's not, they're mostly very harmful chemicals which at best temporarily relive the symptom only to later cause a renewal of the problem with new side effect. You will never get better taking Clonazepam or Trazodone, keep taking them and you'll see you'll be a zombie in a few years. Smoking a joint would relive your symptoms much better, but Pharma is against that, so it's illegal.
linnx88 2 years ago 5
Seems like Pharma is against anything that's natural and works.
chiyerano 2 years ago 3
Yup, they don't make any money off of natural remedies because people can treat themselves -- effectively!
Michigansnowpony 2 years ago 2
You hit the nail on the head. They HATE treatment, they love prolonging your life, just so you can buy more of their drugs. It is a simple formula. It's simple dealing with effect is what modern medicine is all about and only effects, never the root cause. If you treat that, well why you wouldn't that many sick people who rely on your toxic chemicals. Drug dealers use this strategy daily!
linnx88 2 years ago
Oh it most certainly is. Here is a quick fact check for those that think people like myself are conspiracists. So you think government and pharma want good for you and your family? Every large American pharmacy sells deadly cigarettes and quit smoking aid in the same store, on the same shelf. Hypocritical, isn't it? Now if you really want hypocrisy, check out what FDA (the same agency that says all homeopathic medicine is BS) did to Red Yeast Rice that is now sold in US. Just check wikipedia.
linnx88 2 years ago
FDA basically has a private judge ask a favor in order to protect an American company's formula that had the same ingredient as the NATURAL Asian Red Yeast Rice mold that is extremely effective at treating high cholesterol due to lovastatin, a natural statin which occurs in the mold during a natural brewing process. So FDA issued an immediate warrant to make RYR void of any lovastatin, by forcing the makers to use a non-statin containing variety. Isn't this FRAUD? Isn't this monopoly? Check it!
linnx88 2 years ago
Yep, I know about the FDA. The crappy food makes you sick, then you have to buy crappy medicine that makes you even more sick or doesn't help. The food companies and the pharmacies get rich in the process. What's the alternative? Educate yourself, try to stay healthy, buy/eat organic and try to find a good naturopathic doctor. Then you don't have to worry about Obama's plan bc chances are it won't cover alternative care but you'll still be much better off.
sstoy10 2 years ago 2
I was reading the information you posted on the visionvictorymanifesto website. Good stuff!
jcwitness 2 years ago
Thank you, jcwitness! That means a lot, especially coming from you. I love all your comments and it seeems we sort of think alike, except you know a lot more than I do :) I really liked the website and discussion board, and I was familiar with the format, that's why I started writing all kinds of things all over the place, probably a bit too much :). I am also learning a lot from all of you.
sstoy10 2 years ago
Im still thinking about my Afro joke...
CASTILLOM1 2 years ago
me too:) lol
visionvictory 2 years ago
Obama is in Asia begging for another loan to subsidize the U.S. welfare state he is creating. For collateral he is offering the Chinese the state of Alaska. Poor Eskimos are the only working American's he has not screwed yet. Looks like it's coming now.
thirdcoastguy 2 years ago
The borrower is slave to the lender.
visionvictory 2 years ago
Another totally disconnected comment. I have nothing against your business. Business is business. But why do you keep masquerading the current situation as the US being on the wrong side? That is beyond me.
Currently, people lending to the US are the ones in a nasty mess as the US use the money they received to consume limited resources? People should better not lend to the US and use the money to consume themselves.
TheCZMan 2 years ago
I think the question you need to ask yourself is what does the United States have to sell?
albiethere 2 years ago
Daniel, do you really think the bullion banks will win out in the december contracts?? This time, it seems they are up against a government(s) who don't seem to be backing down. SOMEBODY is buying all the gold paper JPMorgan is peddling.
I've read also that the call volume is quite high, and D-Day for those is the 23rd, with Dec 1st as the first call on delivery for the COMEX (I believe).
Swifive 2 years ago
And what if there is a massive food crisis in China or Europe and the world needs to be able to buy food from America. It would be nice if they had some dollars for that left over! Maybe if god forbid something like that does happen the dollar would have a huge rally?
SevereTstormFan 2 years ago
I never hear how the education world is doing, so I thought I'd also give some info. to everyone on our reality (I work in education). Before the stimulus, things looked really bad. Now, things are great since they pumped tons of money into eduation for these 2 years. If that is truly over after next year, things in education will be an absolutely disaster. Just FYI!
AustinLisa 2 years ago
Here in Austin, TX, we were just rated #1 for our economy by the Milken Group. But I just had an interesting thing happen: We have program assistants at work,, and in the past, these positions were filled by people with diplomas or GEDs. We just had to fill one of these positions. We filled it with a young man that graduated University of Texas McCombs Business School with a degree in International Business...he's making copies. This is a huge change!
AustinLisa 2 years ago
I just graduated from UT this summer, and I'm fortunate enough to hold a full time job. Gotta ton of friends with straight A's and degrees in chemical engineering, finance, physics, economics, etc...and none of them have been able to find anything, so they're going deeper into debt by enrolling in grad school. Now normally a master's would be a great idea, but what if unemployment is even worse in 2-3 years? That's just more debt they have to pay off...sad situation
SolarAlchemy 2 years ago
Wow, even those with chemical engineering and physics degrees can't find any real work?? That's pretty scary. About 3 years ago, I knew people graduating with the same sort of degrees who were practically snatched up by varying companies and institutions for a job right after they graduated. This is quite a change indeed.
chiyerano 2 years ago
The government continues to waste money on the financial industry instead of letting the free market create jobs.
visionvictory 2 years ago
And many of the graduates I speak of weren't even straight A students.
chiyerano 2 years ago
I think my son either saw this coming or just had dumb luck...he left University of Oregon after 1 1/2 years and joined the Navy. Now in boot going on to 2 years of nuclear reactor school. Wont pay like a civilian job but has good benefits.
wakeupbreathing 2 years ago
Yeah, and like I said, this a guy we NEVER would have been able to get for this type of job just 1 1/2 years ago....we were begging for people with GEDs that didn't have completely shady pasts, etc. If we lined up these assistants pre and post, you'd think it was a joke. People with gold teeth standing next to people with International Business degrees doing the same job (and the business degree getting paid less). And our economy is ranked #1.
AustinLisa 2 years ago
Nice analogy with the nyquil. I'm not sure if you've done a video on it in the past, but you should look into peak oil. Peak oil is not the end of oil, it's just the end of "cheap oil." World oil production/demand is currently close to 1:1. If demand surpasses supply then get ready for some big time volatility and changes. There is plenty of oil left, but its quality is diminishing and the cost of extracting it is growing.
watcher2987 2 years ago
Daniel--Excellent vid! How about a new tagline for the medicine:
Media-quil---
The lifetime stimulus seeking, mind-numbing, car-clunking, home-buying fever, so you can rest medicine.
I'm feeling better already. :)
Hope you get some rest soon (w/o the meds).
William
Stealth0031 2 years ago
don't forget to add it will put you to sleep so you can fully enjoy the American Dream ;)
visionvictory 2 years ago
I wish one could thumbs up your replies Daniel, because some of them are A) very clever, B) spot on, C)FUNNY!, or D) all of the above. : )
Michigansnowpony 2 years ago
Warning label?
Stealth0031 2 years ago
All Goldman Sacks profits since bailout are based on proprietary trading system software.
It allows the banksters to slide in a fraction of a second in front of more honest investors to skim a little off the top.
What do these criminals create? What can they create that someone can buy? They create nothing. They steal from investors and weaken America and the world economy.
mkdelta69 2 years ago
It's called front running.
bdc03 2 years ago
Bring out all trading into the light so you can see who is manipulating it would reduce prices.
Expose all the corrupt ways the economy is manipulated in order to bring it under better control.
The traders are writing the rules which can't happen.
So if your an honest invester it is much harder than it should be to be successful.
And too much money is sucked out of the productive economy by people that only manipulate the system and create nothing of value that people want to buy.
mkdelta69 2 years ago
Sharp pullback=what??? Tough to see a level lower than 950-1000... seems like a floor is in place there
frontier1701 2 years ago
Dow Jones reflects Wall Street, NOT Main Street
rad4life1 2 years ago
read on gata org about Iran starting to use $1.4 billion worth of gold coins
Kaaideen 2 years ago
great
toshibavoodoo 2 years ago
Another place to get examples of investing discipline is Stewart Thompson... His message is to think like a banker so you can make steady profits.
lizadfuel 2 years ago
We have just about ended the BEAR market rally that began in March. Once the next wave down begins, then you will see deflation kick in. When Dow comes close to 4,000, is when you pick up gold ($600-$700 range). Silver $8.
jeff0516161 2 years ago
I own Fidelity Select Gold and purchased it in Dec. 08 at $15 a share and now its $45 so i guess i will ride it and keep listening to whats gonna happen as for as gold goes. To bad its bought and sold with fiat money.
lilmonster33 2 years ago
I can feel ur pain I just had a son and boy like clockwork every 3-4hrs he needs a bottle and it doen't matter if its 3pm or 3am. It gets easier as time goes on, at least for me now.
lilmonster33 2 years ago
Thanks for the 'shot' in the arm to keep on keeping on Dan. The hold em instead of take the profit and fold em psychology. We will all be glad that we did even though here and there it has been a bumpy ride and a little scary. Thanks for all that you do.
Jalleer 2 years ago
All those people on that stock channel know the truth. They have been told by the owner of the company to be cheerleaders or else.
32937isready 2 years ago 3
Keep your eyes on the skies! Something big is coming. The intensity of Chemtrails have increased in my area. Research the H1N1 Chemtrails connection. Its' all tied into NWO plans to crash the U.S. economy and usher in a new system.
Shameonfed 2 years ago
@Shameonfed you are soo right!..what part of the country are you in?..im in southern ky..and they are spraying the hell out of us...
kymopar 2 years ago
NY State as well.....intense spraying...could be for the deterioration of the manetosphere and solar activity. This documented.
CoinsFreedom 2 years ago
Funny I just noticed this same thing this morning, Live in upstate NY. Seems to be all over Hudson Valley and Connecticut areas.
Trazom24 2 years ago
hey dan, its about time to put your boy to work.
hes got a lot of debt to pay off.
tell him when we were his age we had 3 jobs.
llshamelessll 2 years ago 5
the only thing that has been stimulated here lately is my frustration level. loved the ny-quil analogy.
cv1122 2 years ago
The stock market will eventually crash, because this rally is artificial.
He101A 2 years ago
Great job Daniel. Congrats again on the new baby, and I hope your wife recovers quickly. I agree, we're about to see additional instability. We certainly are living in interesting times.
veritasfiles 2 years ago
As Karl Denninger shows, the upsurge in the markets mirrors the fall of the dollar. It's not an increase in value, it's a high frequency traded inflation of the nominal value.
LeedansParis 2 years ago
a brilliant anologye with the sleeping pills to the TV rubbish there pumping out at us. Great work vision
dreadz808 2 years ago 2
They are saying in the news here in France that technically, the recession is over here in this country. There are lots of opportunities here, but you must have cash, be debt free, and be very frugal. This is one fact of life that never changes, from what I have seen.
slobomotion 2 years ago
Thanks to you and many other guys I'm less economic peasant. Just like Max Keiser said bank is new church, and bankers are keeping dumb masses away from their mumbo jumbo games...
Hey, sleeping under presure is good for practising lucid dream, or even better OOBE. That's my investment advice, invest in dreams, benefits are great. :D
itallwentwronq 2 years ago
Big Government says: Bend over for some STIMULUS!
NOweWONT 2 years ago
It is the sheeple that buy the gold high then shortly sell low and winge and that is because they don't know what's going on but follow like the lemmings they are. They fleece themselves.
If they don't get it it is because they do not get it.
edmack4me 2 years ago
Nice video. I'm glad you finally pointed out that you should stick to trends and not short term investment moves.
Even though Peter Schiff was wrong in 2008 and you were wrong in short term predictions in October / November, both your long term views are still accurate. Nobody can time this highly manipulated markets. Go long and stay long, that's the bottom line.
ninjaguy123 2 years ago
Excellent comment. Stay long and sleep well at night. Patience will lead to solid returns.
CoinsFreedom 2 years ago
. Are people really that stupid? Sell gold for a loss, and complain about it? If you sell, you, you don't even have a clue why you bought in the first place. I bought PM mining stocks in December. of the last year "very close to the lows", and yes I had 15% drops in one day, but never any idea crossed my mind, that I should panic and sell
rytis1 2 years ago
I own some PM stocks as well. Do you agree they will dip when the dow crashes and then recover and become the only game in town for the big money? This should be a repeat of 1975-1980 mining stocks hysteria in steriods.
CoinsFreedom 2 years ago
That's my idea too. If DOW crashes mining stocks could become extremely undervalued compared to the actual metal. Hope to load up the boat when Dow at 4000. Meantime not selling current holdings. Dow could keep crashing upwards. You don't mess with your insurance money for some small gain. P.S.: and yes don't want to miss a moon shot event
rytis1 2 years ago
Good to hear your going to the moon with me :)
visionvictory 2 years ago
And...the mining stocks are still cheap from the last crash, so if you buy now you are already in good shape for the next dow fall. The 2nd fall will have big money looking for long positions in gold/silver/commodoties. The secong drop will awaken the skeptics.
CoinsFreedom 2 years ago
ADVICE ON LACK OF SLEEP: Buddy, your lack of sleep is NOT going to change anytime soon. Best way to handle it? Don't think I'm crazy! DrumRoll please....................WHEAT GRASS JUICE! For whatever reason, It makes 4 hours of sleep feel like 9 when you wake up in the morning. You wake up already off the runway. It's great stuff!....not to mention, it's pretty much the best thing on EARTH you can put in your body.... just my two cents, though you PROBABLY won't read it, anyhow : /
REDEMPTIONthreadz 2 years ago
I remember waking up every 20 minutes for the first couple weeks to make sure he was still breathing.... ; )
REDEMPTIONthreadz 2 years ago
I do the same, i even move is head so he fusses just to make sure. :)
visionvictory 2 years ago
The first nite I brought my son home, I was so scared I wouldn't hear him, I didn't sleep at all that nite. My sister got up the next morning laughing at me and had me go to sleep. She had already had two kids though. Most people don't realize but, as soon as you have a baby, your instincts kick in and you never sleep the same.
dixiegirl999 2 years ago
Yeah, I'm thinking the real volatility will come shortly after the holidays, in late January at the earliest, but early March at the latest (when they have to report how bad the holiday consumer spending slaughter hit the retail sector this year). I'm finally researching metals rather than idly thinking about it. I'd like to be ready when gold (hopefully) retrenches back to the $1000 range from what will likely be $1200 by year's end. Platinum and silver look good right now.
Tophet7 2 years ago
Palladium is a better buy than platinum.
edmack4me 2 years ago
...and not just an artificial drug to make you sleep, but a gross neglect of the baby too (in America's case, the real economy). Not a bad analogy at all.
That's why I watch you. And congratulations on your new bundle of love and joy. :-)
Tophet7 2 years ago
thx
visionvictory 2 years ago
We should send every congressman to an all expenses paid vacation in France for the next five years. Think of the money we'd save!!
zzx2847 2 years ago