Ever think about what the price of gold will be when the SDR's are the medium of exchange for international settlements and the metal is just a physical encumbrance to operations?
Think about the fake bullion. The massive short selling. Ever think that maybe right now in the first half of 2010 we are witnessing one of the most marvelously executed pump & dumps in history?
Such things certainly don't keep me awake at night but still I wonder.
We cant even save our own money. If we dont spend it the government ends up printing out more of it and devaluing what we have. If money was based on the value of gold they could not control us like this.
o Israel has killed Americans (eg. Sailors on USS Liberty, Rachel Corrie, etc...)
o Israel spies on this country (eg. Pollard, Kadish, AIPAC, etc...)
o Israel bought our politicians with our taxes.
o Israel steals our taxes, hence their higher income.
o Israel uses our country as their toilet.
Want more? Checkout my playlist.
Please share this post with others, and demand that your Senator and/or Representative uphold the laws when it comes to Israel's heinous crimes. Peace!
I read this comment today 2/10/10. the Dow fell $500 since this comment was made. and for gold? well I'll let YOU determine that for yourself. this guy is dead on target. I approve 5/5
who goes and buys pack and ship business netting 10K a year for 10 million ? that is what these idiots do when they buy stocks Businesses sold for PE ration of 1 not 150 :)
Looks lile the LB moment you referenced in this video is about to happen (CIT on Friday). Hence option #2 scenario. Not sure if silver will get to respond honestly to any big economic turmoits that may unfold in the short term. Gold or silver - Like most viewers, II like them both.
Well....the majority of European countries have between 2 and 8 times our debt levels. Ireland has so much debt, every citizen in the country owes $800,000 to pay it off, we rank number 20, behind almost every Western Euro country out there. I'm just trying to figure out why their currencies are still around?
we need public works projects, large ones. they are the only job creating and sustaining sectors of our economy that have lasted and withstood the test of time.
He also predicts a larger crash to come, but with deflation & strong US dollar result. He also nailed this latest crash and is big on Elliott wave theory.
For me, I cant see the dollar crashing. 14T GDP makes us too big to fail, if we go we take the world with us. If the world goes, deflation.
I really dont understand why everyone is buying gold its totaly useless in a full out depression. Gold only retains its value if it is recongized as having value. My suggestion would be instead of wasting money on gold buy items needed for survival such as gardening equipment, pay for classes to learn a trade ever hear of the barter system. My suggestion learn how to hunt, work on cars, build your own house, grow your own food. If I have food and u have gold guess what i can name my price.
I'm wondering if the people running the Fed would have enough nads to possibly pull the plug on the Dow should congress vote to audit.If they did it would not surprise me.
I think they will conclude that the previous stimulus was simply to small, and they will try to borrow, and then print and stimulate again but x 2, x3, x4. That is the modus operandi. Else, they wouldnt have stimulated the first, and second, and third et.c time...
I was at Costco, Target and Wal-Mart the other day and each store had pallets and pallets full of Halloween candy and other Halloween stuff... looked like it's hardly been touched.
TCM (Classic Movies) are running lots of old movies about the Great Depression.
My grandparents own and operate a business in Texas in a major city. Funeral businesses have taken a major hit since 2000. Why? People take the insurance money that pays for the funeral and runs away.
Some people leave their family members to sit freezing and force the city to cremate them or bury them in a determined site.
If you invest, invest in ones with their own crematory. That's what has saved the family business.
stimulus> big business & government;s plan to unload >stock's, auto;s homes, appliances ,tvs and anything that needs unloaded .ho will end up with over priced after the dollar spins down>spin >is how they keep you dizzy with deals
You've completely forgotten about the war scenarios and how it will affect foreign investment in the US during war in the Middle East. If Israel were to bomb Iran, or Russia going to war with the Baltic States or China moving into Africa. War and Peace are the big variables, not just the price of gold and inflation Militaries ultimately decide the fate of a nation, not its currency
its amazing to see the inverse relationship between DOW and Dollar , yesterday DOW up 200, Gold up $20/ today DOW getting Hammered, Gold /silver down and Dollar up,
Gold at $600? I don't think you'll see $600 gold for a long, long, long, long time. The way the FED is printing money, INFLATION is here to stay for a while.
Before INFLATION hits, we must first experience major DEFLATION. Everyone during the great depression thought we were going to have a problem w/ inflation, but were surprised w/ deflation. We are setup for a worse scenario for deflation today. ....deflationary depression is coming.
Shocking future awaits for us outside the inner ring.Whilst our masters float around in their Zils we must accept unquestionably their lies.Where are the CIA,FBI and police in all of this?Are they so compromised as to be untrustworthy to the American people?
Let's be honest guys. Even if HR 1207 passes, do you REALLY think we get to look at the Fed's books? I'd say it would give us a little more transparency, but the big secrets would still sit behind closed doors, maybe as they pump out some phoney numbers for us to look at. I'm no expert; it's just my gut feeling
Did you know that before the crash of 29, stock pushers hired journalist and columnist to push their stocks. Wonder if they sounded like VisionVictory.
Just as Soros says it could be compared to collapse of Soviet system of 1989 Were you there ? I was .
Most Soviets owned their condominiums :) they did not have many private homes like in US .
But they had their own places . In US however millions upon millions of renters Do not bullshit yourself , No one will let you stay in their place for free .Buy something and pay them with devalued dollars latter . :)
Soviets have seen several currency reevaluations ever seen .They started to see a boom nearly after 10 years . Very high inflation , nothing like Zimbabwe but very high . Many workers were not getting paid for 8 months or paid with produce or furniture . Long bread lines . High food prices . People killing street animals for food . Unemployment nearly 50 % in some cities. It was horrible
some people did not pay utilities for years or left deeply indebted to utility companies
I remember those times. People lost almost all of their money because of inflation. There was food-coupon system. All food stores were with empty shelves. However, long long lines of people still trying to buy something edible. Who suffered the most were pensioners and poor. But what were positive that people knew how to garden and to can food, they had lands to do that. They didn't have weapons so much and it was still strong ideology in minds.
Why has the price of gas increased recently, when it normally goes down at this time of the year? Is it that the value of the dollar has decreased and this makes the price of oil go up?
even if dollar Index goes back to 100 which is impossible gold will not fall lower than 900 just as Dan says . And that is very modest . Probably it will not go below 950 . But people buying gold as long term insurance not short term . And everyone knows where our government wants to see USD :) Index 40-50
Daniel likes 2 or 3 of them. I know he likes APMEX, as do I. Also, I've noticed on eBay that APMEX (silver) bars seem to get huge amounts of bids for a bar, which makes me feel even better about their value over other brands. In other words, they are easily sold @ current value. Hope this helps.
One other thing.....I've never done it with precious metals on eBAY, but that MIGHT be the best place to purchase small amounts at a time - as I've seen, you pay really close to "spot value" and many times the shipping is free. Just make sure the seller has a 100% rating with several transactions.
Can the recession really be OVER if the growth came from GOVERNMENT spending? The answer MrDaver is no. Growth comes from making the most of the least spent. We spent more than we have made, we lost. More jobs would mean growth. Unemployment up more than 3%. Think before you post.
MrDaverha321, I sincerely, absolutely hope your'e right and were kidding in your comment. The numbers put out by the GOVT and MSM are ridiculous.
Should you have not been kidding, please (in a polite way) shed some light on how it can be over when really nothing has happened except a bunch of "stimulus" spending that we'll owe for. Yes, I have rich friends who haven't been affected at all and would refuse to believe we even had a recession. My wife and I are (or were) "middle class".
Love it, keep up the good work, my question is how you justify a dollar rally if HR 1207 goes thru? I would assume that once the books open and we re-establish exactly the amount of US dollars that exsist on the world market, the dollar would almost immediately collapse. Also, keep in mind that the "Lehman style event" could be the SDR's replacing the dollar as the world reserve currency, there are many options to pick from when it comes to the collapse of the dollar.
Yesterday's USD rally was actually a bear rally. Why did the dollar go up against the EUR for example and most other currencies? Simple, with horrible economic data that came out yesterday, riskier US financial instruments are shunned by international investors and are seen for what they are (Madoff schemes & worthless paper) and thus investors run to the only perceived remaining asset in wide distribution: the US dollar! Today the opposite was true and EUR rallied as most saw the new recov ads!
Equities have been in a bear rally since March '09. We marked a top of that bear rally 10/23/09. Market going to all new low's with the US dollar reversing. The US dollar is no longer in a bear market.
logically , but these markets have not had any logic for decades
what makes you think that those investors would stay in dollars , no question that huge money will exit stock market but why would they stay in dollars ? I wouldn't . would you ? Honestly I think anyone has to be retarded to keep money in paper assets
bottom in the bottomless pit ? lol do not be ridiculous .Everything clearly indicated steady permanent decline of the dollar until it is out as reserve currency Dollar will never ever strengthen
Like a slot machine having up and downs dollar will be on steady decline till death .
Thanks for the post. Next year in the "great recession" may be brutal as all these layoffs being to hit revenues...
I enjoy your videos. You might have already done it, but if not, have you thought about doing a segment on the austrian vs. keynsian economics and different paths out of this thing?
If our dear leaders tell us the recession is over, then we, the sheople, must believe our masters... Which reminds me of a joke from (of all places and times) Nazi Germany, when the Allies (USA & England) obviously controlled the air over Germany: "An ultimatum is going to be presented to the English and Americans. If they do not stop the air war immediately, retaliation will be made the subject of another speech."
I am with you on most of this, and you are probably right... But I am not so sure that in your, Bank crash II scenario, that people will run to the $ as the safe haven this time...?
I think that there maybe more around now that have *smelt the coffee*...
Me, I am smelling something too...? What is that ? toast?
1. You say that the markets should fall or really start to fall after the holidays are over - this means sales will be way down. Yet since June the majority of companies are reporting positive earnings. Either this is fake or you're anticpating further weakening of consumer spending? What's going to be the straw that breaks the camel's back?
2. If most of this 3.5% GDP growth is stimulus B.S. and the markets react extremelty positive to it, what's to stop the fools from enacting all sorts of Cash For Whatever programs to keep pumping the money and the markets up? Do you think the bond auction results will inevitably hold the governement responsible for these actions?
Positive earnings in the sense they have layed off so many people.
We have not seen an increase in sales. Even in some reports where we have seen an increase in volume, its only a result of slashed prices and net profit.
Seems to me the metals in the short term have more of a reason to go lower than higher. It will take alot longer for silver to recover that 1.00-1.50 loss than it will for it to drop another 1.00 or 2.00. Stocks are going to go lower in the next couple months no question. Prob after Christmas.
Interesting how they establish their fiat currency (SDR) at almost double the dollar. When SDR's become the world trade currency (normal people won't be able to buy them), all those neat little imports products will go through the roof. SO WHAT HAPPENS TO GOLD WHEN ELECTRONIC CURRENCY TRANSACTIONS ARE MANDATED? WHAT DO YOU DO WITH YOUR GOLD WHEN MKTS FOR USING IT ARE GONE? WE CAN'T BUY SDR'S TO HEDGE NOW .. CAN WE? THEREIN LIES THE DILEMA. Joe Blo will be stuck with his gold or must sell low
special drawing rights-it is the official currency of the IMF-international monetary fund- some people propose that this will be the world currency when all the financial markets collapse if that happens. It is also proposed that the SDR will be included in a basket of other currencies as the world reserve currency (it is said that the US dollar will not be the world reserve currency by 2018)
SDR's are their way of creating value out of nothing and mandating that all countries subscribe to this fictitious value. They reward or payoff those at the top by provider whatever value they so choose and others they decimate to take over real assets on the cheap with fictitious money. Insulting to say the least...pure thievery. Of course they use our military assets to enforce their rules and we pay the taxes. Everything free for them (money and labor) and nothing free for us.
Not if the government outlaws it for any number of purposes including rationing. The whole ATM card is not only revenue to the banks but a habituation of the American people to eventually accept all electronic transactions. If you don't realize that one, then you don't understand these guys. Visionvictory presents awesome facts but doesn't take into account that we're dealing with sinister people and a playing field that's hardly level.
I'm sure he understands your argument or else why would he bother informing people like you and me of this economic mudslide we're in. Personally I like that he doesn't talk about that BS it's what sets his channel aside from so many other channels.
think of it like selling gold jewelry. The price would still be up due to inflation when compared to the old u.s. dollar. If there is an electronic currency system in place, money from the buyer of the gold is electronically transferred to your account.
The govt still has rabbits they can pull out of a hat for a little while. If the dollar falls too fast. they can slowly raise interest rates to something like 1%. It doesn't mean much, but makes them seem like they aren't afraid to raise them.
They can bring some troops home from Iraq and announce an earlier withdrawal.
Etc, etc. There is a lot of ways they can still manipulate popular opinion in the next 14 months or so.
2nd scenario: don't see gold dropping much below $1000 due to Chinese put and the fact that more investors see gold as a safe haven now than in 2008. Silver may be more volatile, of course.
I tend to see decline as being more protracted, with 2010 looking like 2009 with a gradual worsening, and then in 2011 it all falls apart.
hey victory ! whats going on with silver? i'm a poor man who bought lots of silver but always seems to stay at the 16 - 17 dollar range. please share your thoughts on silver. all i hear is gold , gold , gold. thanx
Are other major countries going to follow suit on the American depression? China, and Brazil are not close to being as bad as the US is now, and jobs are ample in Brazil. Can someone answer me this question please?
The UK and Western/Central European countries will drag the European Union down with the US, aswell as all countries who have their currency pegged to the dollar, and those that have large dollar currency reserves will feel the hit too.
Nobody is going to completely escape this one, but some will have it better than others I believe.
If you believe that there is no chaos, then you haven't been paying enough attention... or maybe you think that Vision is spending hours a day away from his family and heavily pregnant wife just to yank your chain.
Making predictions is difficult but I watch because I feel that they are educated guesses based on hours and hours of extensive research and experience. They also make sense given the current situation.
The time of reckoning is closer than you think... just give it time.
All one needs to do to confirm Daniels facts is look at graphs of one year for USDX ($ down down down), Gold/Silver ( UP Up UP), Unemployment (Up Up Up), Foreclosures ( up up up), Etc., Etc. & Etc. If you don't feel panic based on analysis of stone cold pragmatic facts you are simply not prudent. It is a slow moving train, thank God, so one can properly take defensive measures. Thank You Daniel.
I am proud to say I have NEVER pulled a video. Are you upset because I called the exact low for Nov 2008. Or what about in December 2008 when I said the dow would make a new low around feb 2009. How about my predictions about the real economy, like the job market.
Please, if you don't like the channel, just go. thx
What would this country look like if there was no more government handouts of any kind???
No unemployment, Food Stamps, Medical Coupons, S.S., Disability, Welfare of any kind.
Would this country look worse than the Great Depression? It is our government keeping this country afloat! There will be a PANIC someday soon. The day our debt is no longer financed. You will see the BIGGEST PANIC you have ever seen!
Oh...you mean like if a drug pusher finally quits giving a junkie his dope? Yeah....real panic....but in the end he might just live. If he continues to use ...he dies. That is the real reason the govt. "gives" is to have a population that is dependent. When the population is dependent on govt. then govt. retains their power over the people. The idea that it is the govt. keeping this country afloat is insane. Washington IS THE PROBLEM!
The government Handouts are the only form of money that many people get! It is exactly why it is wrong to just give out money to all these people. What will happen to all these people when the FREE ride stops; The CHAOS will start!
What you've described is very upsetting, but true. It used to be that years ago you could rely on family, close friends or maybe even a benevolent stranger for money to start a business, invest or get out of debt. Now their places have been taken by bank loans and governement welfare. It's sad, really.
Pretty bleak stuff, but look at all the indicators and what do you have. Congress just passed the Hate Crimes Bill today that included a host of other items costing a total of $680 billion. This doesn't count all the foreign aid the USA is giving around the globe, ie $540 million in aid to Senegal in Africa. Does it ever stop? Doe these people know anything about economics?
GDP nunbers will likely fall as the consumer gradually lowers his/her standards of life. If the unemployed exhaust all "fabricated" UE extensions, the situation will turn unbearable. Housing is embedded in fictitious economic numbers, leveraged by money that hasn't been created yet and money that has been surrendered (swept under the rug along with the rest of the raw sewage this government has handled), to gargantuan losses.
I pretty much agree with you on nearly all points. Managers here in France mostly had increases in pay in 2008, despite recession. Some manufacturing jobs still exist here, and some are returning here from abroad. Much cautious optimism here, business down about 30 per cent. at this point from last year at this time. Best to you, will share widely.
This must have been your first visit to the Continent? Business is very slow here in France during the summer, and this year was no exception. No business decisions are made between June 30 and September 1, for example. It's downtime. I took a two week vacation in late September here in Perigord and Loire, and the tourism industry was just fine. I've been here 15 years and have found it stagnant by US standards, but I've steadily made a million.
margiemaae, let's see what happens tomorrow and then I wil happily tell you! Otherwise, you wouldn't believe me, anyway! If it doesn't turn out that way-which I really believe that it will, well-let's just see!
WIth real disposible income down ( Real Numbers) 7.4% q/o/q we all know that this is going to end up badly. It will all come tumbling down. I guess today is not the day! More Smoke and Mirrors.
Since 1913, the purchasing power of the $ has fallen 96%. To match that loss, gold should be up 25 times from its pre-1934 fixed value of $20.67.
It's not. It's up 50-times. On this basis, gold is 50% overvalued.
"A gold buyer today must be really convinced that inflation is going to take off in order to justify buying at today's prices. Of course, buyers today are convinced that inflation will rage, just as they were convinced that inflation was no threat at all back when gold was at $253.
COSTCO now going to be accepting Food Stamps!!! Ummm. Isn't the membership fee pretty steep??? With that news it is just a matter of time...
Technicals are very bearish. Thursday's GDP may be all we need for the waterfall. Could be the big retracement ?? We will see what the GDP number brings. Which way is it gonna go??? Get the popcorn ready, you probably don't want to miss this!
why would you discredit him with "that's nothing" ? If you agree with him you should reaffirm the position he takes instead of acting as though his points aren't note worthy. I mean no disrespect to you so i hope you do not take offense to this comment bvb71.
I understood your sarcasm...I really didn't need the clarification but thank you. I'm sure new VV subs will understand where your coming from now. If they even care to read the comments..I appreciate your polite response thanks again.
Ever think about what the price of gold will be when the SDR's are the medium of exchange for international settlements and the metal is just a physical encumbrance to operations?
Think about the fake bullion. The massive short selling. Ever think that maybe right now in the first half of 2010 we are witnessing one of the most marvelously executed pump & dumps in history?
Such things certainly don't keep me awake at night but still I wonder.
3PointsOfContact 1 year ago
This guy is stupid.
chessman11 2 years ago
We cant even save our own money. If we dont spend it the government ends up printing out more of it and devaluing what we have. If money was based on the value of gold they could not control us like this.
adamjames82 2 years ago
I bought gold and plan to buy more.
cyanzone 2 years ago
This has been flagged as spam show
o Israel has killed Americans (eg. Sailors on USS Liberty, Rachel Corrie, etc...)
o Israel spies on this country (eg. Pollard, Kadish, AIPAC, etc...)
o Israel bought our politicians with our taxes.
o Israel steals our taxes, hence their higher income.
o Israel uses our country as their toilet.
Want more? Checkout my playlist.
Please share this post with others, and demand that your Senator and/or Representative uphold the laws when it comes to Israel's heinous crimes. Peace!
HateAllNazis 2 years ago
Let's see. One one hand I see Warren Buffett investing BILLIONS in American companies.
On the other hand I hear this fellow predicting doom and gloom for the stock market.
Gee. Whose opinion should I take seriously?
That is a really tough decision. Now I can take my tongue out of my cheek.
NMGomes 2 years ago
I read this comment today 2/10/10. the Dow fell $500 since this comment was made. and for gold? well I'll let YOU determine that for yourself. this guy is dead on target. I approve 5/5
TravellerFellow 1 year ago
Dow Jones is extremely overvalued as it is ,
who goes and buys pack and ship business netting 10K a year for 10 million ? that is what these idiots do when they buy stocks Businesses sold for PE ration of 1 not 150 :)
it is hard core speculation porn
tuktukktotam 2 years ago
Spirit of God tells me we will never see gold below 1000 again next time we will see gold below 1000 it will be 100 Ameros
tuktukktotam 2 years ago
people are traumatized
get rid of your drama
learn how to face the music with a sober head Having reserve currency nowadays is not a privilege anymore ,it is a burden
Many other currencies not reserve but stronger than ours So relax people , get used to dollar being at Index 40 soon before it is total demise
tuktukktotam 2 years ago
Looks lile the LB moment you referenced in this video is about to happen (CIT on Friday). Hence option #2 scenario. Not sure if silver will get to respond honestly to any big economic turmoits that may unfold in the short term. Gold or silver - Like most viewers, II like them both.
tesskansas 2 years ago
Now is the time to watch
watch?v=VebOTc-7shU
FreeinTX 2 years ago
visionvictory :
You have had some pretty good predictions in 2k8, but everybody makes mistakes in short term predictions, so I suggest you stick to long term ones.
For example. you and 95% of all analysts expected gold and silver to go down in October and another stock crash ... you were all wrong.
Bob Chapman is the best analysts out there, even Schiff can't touch him.
ninjaguy123 2 years ago 2
lol, Bob Chapman is clueles
sujajajjaakakajjs 2 years ago
That's why his predictions has been 98% right for the past 10 years, and like 90-95% in the past 20 years.
ninjaguy123 2 years ago 4
Well....the majority of European countries have between 2 and 8 times our debt levels. Ireland has so much debt, every citizen in the country owes $800,000 to pay it off, we rank number 20, behind almost every Western Euro country out there. I'm just trying to figure out why their currencies are still around?
raincityusa2010 2 years ago
What should I know about buying silver?
idontbakenocookies 2 years ago
we need public works projects, large ones. they are the only job creating and sustaining sectors of our economy that have lasted and withstood the test of time.
1samothrace77 2 years ago
Jobs report comes out end of next week. Can't wait for a V V analysis.
TenderTrap86 2 years ago
Google fdralloveragain and check out his blog.
He also predicts a larger crash to come, but with deflation & strong US dollar result. He also nailed this latest crash and is big on Elliott wave theory.
For me, I cant see the dollar crashing. 14T GDP makes us too big to fail, if we go we take the world with us. If the world goes, deflation.
Still should one own some PMs? Hell yes.
voglbop 2 years ago
I really dont understand why everyone is buying gold its totaly useless in a full out depression. Gold only retains its value if it is recongized as having value. My suggestion would be instead of wasting money on gold buy items needed for survival such as gardening equipment, pay for classes to learn a trade ever hear of the barter system. My suggestion learn how to hunt, work on cars, build your own house, grow your own food. If I have food and u have gold guess what i can name my price.
downward0sprial 2 years ago
Just bought more gold eagle ouncers. Just wish I could have bought earlier.
pshinspections 2 years ago
I'm wondering if the people running the Fed would have enough nads to possibly pull the plug on the Dow should congress vote to audit.If they did it would not surprise me.
mcap52 2 years ago
DDDDDD EFLATION
dapunisher1000 2 years ago
I think they will conclude that the previous stimulus was simply to small, and they will try to borrow, and then print and stimulate again but x 2, x3, x4. That is the modus operandi. Else, they wouldnt have stimulated the first, and second, and third et.c time...
kricke243 2 years ago
you say that the us is gettting ready to sell more treasury debt... im confused . who the heck woul buy it......
timhere64 2 years ago
Yes.
Skynt 2 years ago
Hi Daniel.
Just want to let you know that P Schiff will
be on Financil Sense (.) com (delete spaces) tomorrow.
On their main page... click on: Newshour.
PrepNow 2 years ago
spurgeon has the kark,,,and it is the black swan of war...quoting taleb, expect the fractal.....
ifyouknowhatimsayin
ninesticks 2 years ago
anyone serious here about hooking up with a 19 female please contact me
mariamakenzie287 2 years ago
putting all my money into nuka-cola bottle caps.
moreSmartLessStupid 2 years ago
Lol, Nice. Although those who don't play fallout 3 won't have a clue what your talking about.
Excidium567 2 years ago
Hi Daniel,
I laughed at yesterdays gains and was not
surprised at the DOW today.
I was at Costco, Target and Wal-Mart the other day and each store had pallets and pallets full of Halloween candy and other Halloween stuff... looked like it's hardly been touched.
TCM (Classic Movies) are running lots of old movies about the Great Depression.
Saw a good one last night called Prosperity.
Blessings to you and your wife.
PrepNow 2 years ago
I sold all my gold. Im buying Coca Cola now.
almost everyone drinks Coca Cola
also I think the funeral business is another good investments.
uniquemetal 2 years ago
My grandparents own and operate a business in Texas in a major city. Funeral businesses have taken a major hit since 2000. Why? People take the insurance money that pays for the funeral and runs away.
Some people leave their family members to sit freezing and force the city to cremate them or bury them in a determined site.
If you invest, invest in ones with their own crematory. That's what has saved the family business.
cowboycarl04 2 years ago
stimulus> big business & government;s plan to unload >stock's, auto;s homes, appliances ,tvs and anything that needs unloaded .ho will end up with over priced after the dollar spins down>spin >is how they keep you dizzy with deals
4hsbs 2 years ago
V V You're not figuring all the scenarios
You've completely forgotten about the war scenarios and how it will affect foreign investment in the US during war in the Middle East. If Israel were to bomb Iran, or Russia going to war with the Baltic States or China moving into Africa. War and Peace are the big variables, not just the price of gold and inflation Militaries ultimately decide the fate of a nation, not its currency
Spurgeon123 2 years ago 2
its amazing to see the inverse relationship between DOW and Dollar , yesterday DOW up 200, Gold up $20/ today DOW getting Hammered, Gold /silver down and Dollar up,
as ussual, never seen anything different
thanks for videos
chromedreamz 2 years ago
IMO- wait for Gold to get to The $600 area, then buy. The dollar index will soon reach mid 90s causing major deflation.
Go w/ the opposite of the herd and you'll know you're on the right track.
jeff0516161 2 years ago
Gold at $600? I don't think you'll see $600 gold for a long, long, long, long time. The way the FED is printing money, INFLATION is here to stay for a while.
Texpilot22 2 years ago
Before INFLATION hits, we must first experience major DEFLATION. Everyone during the great depression thought we were going to have a problem w/ inflation, but were surprised w/ deflation. We are setup for a worse scenario for deflation today. ....deflationary depression is coming.
jeff0516161 2 years ago
Visionvictory, what do you think about the idea that major deflation will come before the inflation?
rangerchallengebravo 2 years ago
Shocking future awaits for us outside the inner ring.Whilst our masters float around in their Zils we must accept unquestionably their lies.Where are the CIA,FBI and police in all of this?Are they so compromised as to be untrustworthy to the American people?
justjacqueline2004 2 years ago
Let's be honest guys. Even if HR 1207 passes, do you REALLY think we get to look at the Fed's books? I'd say it would give us a little more transparency, but the big secrets would still sit behind closed doors, maybe as they pump out some phoney numbers for us to look at. I'm no expert; it's just my gut feeling
antonchigurh9 2 years ago 2
I agree with you, however, it's a step in the right direction anyways.
Like Dan said in his video, it's going to get ugly soon. I'm picking up more gold when it retraces, and lots of it :D
Bau250 2 years ago
for shizzle
libertymagnet 2 years ago
As I have said before . Soviets had their own apartments fully paid off . Thx to Soviet government . They did not have so many homeless people .
In US people are heavily indebted to banks or they just rent . In US that type of crisis presents bigger problem for US government .
tuktukktotam 2 years ago
Did you know that before the crash of 29, stock pushers hired journalist and columnist to push their stocks. Wonder if they sounded like VisionVictory.
louiethegreater 2 years ago
Once again, fantastic information and video. I'm buying gold ETF's.
Bau250 2 years ago
Do some research... ETFs are paper promises for gold, you might want actual physical metal in your possession...
sizzlot 2 years ago
Thanks captain obvious.
I'm buying both.
Bau250 2 years ago
smart money looking for safe exit
while fools hoping for recovery
tuktukktotam 2 years ago
Just as Soros says it could be compared to collapse of Soviet system of 1989 Were you there ? I was .
Most Soviets owned their condominiums :) they did not have many private homes like in US .
But they had their own places . In US however millions upon millions of renters Do not bullshit yourself , No one will let you stay in their place for free .Buy something and pay them with devalued dollars latter . :)
tuktukktotam 2 years ago
tuktukktotam
Can you elaborate on the Soviet collapse? What happened to home prices, food, water, gas, cost of living. Inflation/Deflation.
Rioting, sanitary systems, police, military. Would very much like to hear it first hand. Also where at in Soviet Union?
EndTheFedRes 2 years ago
Soviets have seen several currency reevaluations ever seen .They started to see a boom nearly after 10 years . Very high inflation , nothing like Zimbabwe but very high . Many workers were not getting paid for 8 months or paid with produce or furniture . Long bread lines . High food prices . People killing street animals for food . Unemployment nearly 50 % in some cities. It was horrible
some people did not pay utilities for years or left deeply indebted to utility companies
tuktukktotam 2 years ago
I remember those times. People lost almost all of their money because of inflation. There was food-coupon system. All food stores were with empty shelves. However, long long lines of people still trying to buy something edible. Who suffered the most were pensioners and poor. But what were positive that people knew how to garden and to can food, they had lands to do that. They didn't have weapons so much and it was still strong ideology in minds.
Pabloso100 2 years ago
Great vid
Sgipon 2 years ago
Why has the price of gas increased recently, when it normally goes down at this time of the year? Is it that the value of the dollar has decreased and this makes the price of oil go up?
tempetiger 2 years ago
even if dollar Index goes back to 100 which is impossible gold will not fall lower than 900 just as Dan says . And that is very modest . Probably it will not go below 950 . But people buying gold as long term insurance not short term . And everyone knows where our government wants to see USD :) Index 40-50
tuktukktotam 2 years ago
Daniel likes 2 or 3 of them. I know he likes APMEX, as do I. Also, I've noticed on eBay that APMEX (silver) bars seem to get huge amounts of bids for a bar, which makes me feel even better about their value over other brands. In other words, they are easily sold @ current value. Hope this helps.
magbigblock 2 years ago
One other thing.....I've never done it with precious metals on eBAY, but that MIGHT be the best place to purchase small amounts at a time - as I've seen, you pay really close to "spot value" and many times the shipping is free. Just make sure the seller has a 100% rating with several transactions.
magbigblock 2 years ago
Can the recession really be OVER if the growth came from GOVERNMENT spending? The answer MrDaver is no. Growth comes from making the most of the least spent. We spent more than we have made, we lost. More jobs would mean growth. Unemployment up more than 3%. Think before you post.
johnzimmer30 2 years ago
Can the recession be really OVER if the growth came from GOVERNMENT
johnzimmer30 2 years ago
Recession------------>>>OVER!
YOu guys thought we were in a depression.OOPS...
NEVER BET AGAINST AMERICA!
MrDaverha321 2 years ago
MrDaverha321, I sincerely, absolutely hope your'e right and were kidding in your comment. The numbers put out by the GOVT and MSM are ridiculous.
Should you have not been kidding, please (in a polite way) shed some light on how it can be over when really nothing has happened except a bunch of "stimulus" spending that we'll owe for. Yes, I have rich friends who haven't been affected at all and would refuse to believe we even had a recession. My wife and I are (or were) "middle class".
magbigblock 2 years ago
great vid!
Annihilate3275 2 years ago
So......what about silver?
jc7622 2 years ago
Saudia Arabia wants to drop the West Texas benchmark.
jc7622 2 years ago
Love it, keep up the good work, my question is how you justify a dollar rally if HR 1207 goes thru? I would assume that once the books open and we re-establish exactly the amount of US dollars that exsist on the world market, the dollar would almost immediately collapse. Also, keep in mind that the "Lehman style event" could be the SDR's replacing the dollar as the world reserve currency, there are many options to pick from when it comes to the collapse of the dollar.
Drathlan 2 years ago
What countries are planning to use gold as, or even back their currency?
britestudiosllc 2 years ago
Do you ever factor in all the Gold that will be sold in India as prices increase?
DillonX 2 years ago
REAL unemployment 17%, not counting us part-timers. This CAN'T be an upswing...Keep up the good work Mr. Victory!
spoiledbrat1440001 2 years ago
Yesterday's USD rally was actually a bear rally. Why did the dollar go up against the EUR for example and most other currencies? Simple, with horrible economic data that came out yesterday, riskier US financial instruments are shunned by international investors and are seen for what they are (Madoff schemes & worthless paper) and thus investors run to the only perceived remaining asset in wide distribution: the US dollar! Today the opposite was true and EUR rallied as most saw the new recov ads!
linnx88 2 years ago
Equities have been in a bear rally since March '09. We marked a top of that bear rally 10/23/09. Market going to all new low's with the US dollar reversing. The US dollar is no longer in a bear market.
jeff0516161 2 years ago 2
logically , but these markets have not had any logic for decades
what makes you think that those investors would stay in dollars , no question that huge money will exit stock market but why would they stay in dollars ? I wouldn't . would you ? Honestly I think anyone has to be retarded to keep money in paper assets
especially so overvalued as Dow Jones.
tuktukktotam 2 years ago
they are using slot machine psychology to bring dollar to lower levels US government wants it low, bankers want it low
tuktukktotam 2 years ago
Relax Dan...
Keep in mind I was your 1st 100 subscribers...
All LOVE bro...
Thanks for the work...I have not missed one video...
Your friend,
Rob
R6bbie 2 years ago
Thanks for sharing your thoughts. At time's you're speaking a little over my head but for the most part, I understand and you make sense.
Scary, unsettling times for sure.
Erated78 2 years ago
I thought dollar was strengthening , lol
so much for yesterday losses
gold is rallying again Dow Jones real value = 100 not 10 000
anything above 100 is speculation for future growth which everyone expects and no one gets
tuktukktotam 2 years ago
Over the next 6-12 months:
1)US$ dollar index to mid 90's. Gold to $680.
2)All indexes make new low's.
3)GM/Chrysler complete failure
4)Commercial real estate bubble burst
5)Major regional bank failures- FDIC strain
jeff0516161 2 years ago
Why do you see gold going so low?
im4osu2ru 2 years ago
IMO- the dollar recently made a major bottom, which will put us on our way for deflation.
jeff0516161 2 years ago
bottom in the bottomless pit ? lol do not be ridiculous .Everything clearly indicated steady permanent decline of the dollar until it is out as reserve currency Dollar will never ever strengthen
Like a slot machine having up and downs dollar will be on steady decline till death .
tuktukktotam 2 years ago
gold is the alternative to usd now. BOTH goes up
hktraveller 2 years ago
Thanks VV!
ChrmdLabradorite 2 years ago
apmex and goldline are 2 good place to buy gold and silver
im4osu2ru 2 years ago
did anyone see Glenn Beck's show yesturday 10-28? He had a good explanation of how the government would cover our debt.
im4osu2ru 2 years ago
short term gold low $980 me thinks
patriotsundergod 2 years ago
Where do I go to get gold quote in SDR? thanks.
Kelvin701Lakeland 2 years ago
Great video. Thanks for sharing.
ruleof3 2 years ago
thanks Daniel for your hard work
yourmomscalling 2 years ago
Thanks for the post. Next year in the "great recession" may be brutal as all these layoffs being to hit revenues...
I enjoy your videos. You might have already done it, but if not, have you thought about doing a segment on the austrian vs. keynsian economics and different paths out of this thing?
Keep it up !
megawavez 2 years ago
silver will follow gold for now, so there is no need to talke about both.
visionvictory 2 years ago
Fellow Americans:
If our dear leaders tell us the recession is over, then we, the sheople, must believe our masters... Which reminds me of a joke from (of all places and times) Nazi Germany, when the Allies (USA & England) obviously controlled the air over Germany: "An ultimatum is going to be presented to the English and Americans. If they do not stop the air war immediately, retaliation will be made the subject of another speech."
bvb71 2 years ago
I am with you on most of this, and you are probably right... But I am not so sure that in your, Bank crash II scenario, that people will run to the $ as the safe haven this time...?
I think that there maybe more around now that have *smelt the coffee*...
Me, I am smelling something too...? What is that ? toast?
Burnt Toa$t!?
felixdov 2 years ago
Thank you sharing your opinion.
visionvictory 2 years ago
hey V V whats this thing Im here that the recession is unofficially over? cant be true right?
Rubmer 2 years ago
it is, the Depression started.
visionvictory 2 years ago
wow, well thats what I want to hear! Been trying to get me a house real cheap here in NYC, maybe now I can get a deal, a real deal.
Rubmer 2 years ago
I wish I had enough fiat money to buy some gold :( can only afford silver @ this point
cv1122 2 years ago 2
I like silver more anyway. :)
visionvictory 2 years ago
Good analysis. Two things still bother me though.
1. You say that the markets should fall or really start to fall after the holidays are over - this means sales will be way down. Yet since June the majority of companies are reporting positive earnings. Either this is fake or you're anticpating further weakening of consumer spending? What's going to be the straw that breaks the camel's back?
Trazom24 2 years ago
2. If most of this 3.5% GDP growth is stimulus B.S. and the markets react extremelty positive to it, what's to stop the fools from enacting all sorts of Cash For Whatever programs to keep pumping the money and the markets up? Do you think the bond auction results will inevitably hold the governement responsible for these actions?
Trazom24 2 years ago
Positive earnings in the sense they have layed off so many people.
We have not seen an increase in sales. Even in some reports where we have seen an increase in volume, its only a result of slashed prices and net profit.
visionvictory 2 years ago
Seems to me the metals in the short term have more of a reason to go lower than higher. It will take alot longer for silver to recover that 1.00-1.50 loss than it will for it to drop another 1.00 or 2.00. Stocks are going to go lower in the next couple months no question. Prob after Christmas.
SamuraiCommando 2 years ago
Interesting how they establish their fiat currency (SDR) at almost double the dollar. When SDR's become the world trade currency (normal people won't be able to buy them), all those neat little imports products will go through the roof. SO WHAT HAPPENS TO GOLD WHEN ELECTRONIC CURRENCY TRANSACTIONS ARE MANDATED? WHAT DO YOU DO WITH YOUR GOLD WHEN MKTS FOR USING IT ARE GONE? WE CAN'T BUY SDR'S TO HEDGE NOW .. CAN WE? THEREIN LIES THE DILEMA. Joe Blo will be stuck with his gold or must sell low
ATAINC23 2 years ago
What is an SDR???
yousee76 2 years ago
special drawing rights-it is the official currency of the IMF-international monetary fund- some people propose that this will be the world currency when all the financial markets collapse if that happens. It is also proposed that the SDR will be included in a basket of other currencies as the world reserve currency (it is said that the US dollar will not be the world reserve currency by 2018)
hope this helps!!
enterthematrix777 2 years ago
SDR = Special Drawing Rights. It's basically a way to prop up a failed currency... namely ours. Check the IMF website or google it.
t4ac3y1 2 years ago
SDR's are their way of creating value out of nothing and mandating that all countries subscribe to this fictitious value. They reward or payoff those at the top by provider whatever value they so choose and others they decimate to take over real assets on the cheap with fictitious money. Insulting to say the least...pure thievery. Of course they use our military assets to enforce their rules and we pay the taxes. Everything free for them (money and labor) and nothing free for us.
BFResearchSE 2 years ago
Use physical gold to trade
MayonR 2 years ago
Not if the government outlaws it for any number of purposes including rationing. The whole ATM card is not only revenue to the banks but a habituation of the American people to eventually accept all electronic transactions. If you don't realize that one, then you don't understand these guys. Visionvictory presents awesome facts but doesn't take into account that we're dealing with sinister people and a playing field that's hardly level.
BFResearchSE 2 years ago
I'm sure he understands your argument or else why would he bother informing people like you and me of this economic mudslide we're in. Personally I like that he doesn't talk about that BS it's what sets his channel aside from so many other channels.
DealerDirekt 2 years ago
think of it like selling gold jewelry. The price would still be up due to inflation when compared to the old u.s. dollar. If there is an electronic currency system in place, money from the buyer of the gold is electronically transferred to your account.
kswatcher 2 years ago
Great point.
t4ac3y1 2 years ago
Thankyou Vision. your vids are much appreciated
chevyvictor 2 years ago 2
thx for the support
visionvictory 2 years ago
Thanks Daniel! I agree with you. Don't think gold will go below 900.... with the Chinese holding up the bottom.
fal2grace 2 years ago 2
The govt still has rabbits they can pull out of a hat for a little while. If the dollar falls too fast. they can slowly raise interest rates to something like 1%. It doesn't mean much, but makes them seem like they aren't afraid to raise them.
They can bring some troops home from Iraq and announce an earlier withdrawal.
Etc, etc. There is a lot of ways they can still manipulate popular opinion in the next 14 months or so.
bearcat648 2 years ago
2nd scenario: don't see gold dropping much below $1000 due to Chinese put and the fact that more investors see gold as a safe haven now than in 2008. Silver may be more volatile, of course.
I tend to see decline as being more protracted, with 2010 looking like 2009 with a gradual worsening, and then in 2011 it all falls apart.
bearcat648 2 years ago
thanks for your scenario analysis! Greetings from Austria
Silberhorter 2 years ago
thx
visionvictory 2 years ago
hey victory ! whats going on with silver? i'm a poor man who bought lots of silver but always seems to stay at the 16 - 17 dollar range. please share your thoughts on silver. all i hear is gold , gold , gold. thanx
35slave 2 years ago
Have you watched my silver video?
Silver is a long term play overall, but will do great when prices get out of control because of all the inflation.
visionvictory 2 years ago
wow...you can repeat what jim rogers said yesterday...
9secondsflat 2 years ago
what did he say?
visionvictory 2 years ago
God Bless!
profesas 2 years ago 2
Iran opens exchange to trade oil, products-ISNA - Reuters
Saudis drop WTI oil contract - FT
Is it bad, bad bad, ultra bad, f@#$ up or nothing special?
itallwentwronq 2 years ago
Are other major countries going to follow suit on the American depression? China, and Brazil are not close to being as bad as the US is now, and jobs are ample in Brazil. Can someone answer me this question please?
wel999999999 2 years ago
NO...US is the worst now !!
greeting from Europe.
MrPatatrack 2 years ago
The UK and Western/Central European countries will drag the European Union down with the US, aswell as all countries who have their currency pegged to the dollar, and those that have large dollar currency reserves will feel the hit too.
Nobody is going to completely escape this one, but some will have it better than others I believe.
KOPYMEH 2 years ago 2
This comment has received too many negative votes show
I think I'm almost done with you Danny. I guess I'm the fool for believing you..
You have been wrong this whole year.
PANIC PANIC PANIC.
How many 2008 videos of yours have you pulled?
There is no chaos dude...none.
R6bbie 2 years ago
If you believe that there is no chaos, then you haven't been paying enough attention... or maybe you think that Vision is spending hours a day away from his family and heavily pregnant wife just to yank your chain.
Making predictions is difficult but I watch because I feel that they are educated guesses based on hours and hours of extensive research and experience. They also make sense given the current situation.
The time of reckoning is closer than you think... just give it time.
lokir 2 years ago 5
I'm not here to argue with you. (lokir)
I take it you have only been awake a few days? week? months?? Tell me!
Let me guess, you are part of the doom and gloom porn goup? Just can't get away?
Don't be skuuured...
You'll be just fine.
Peace be with you!
God Bless!
R6bbie 2 years ago
lol... whatever. :o)
lokir 2 years ago
Peace, thx for the past comments. See ya :)
visionvictory 2 years ago
Yeah. Haven't you heard? The US is in recovery, just watch CNBC.
Sell all your gold and silver, the dollar is not dying it's rallying! Hip hip horray!
KOPYMEH 2 years ago 2
All one needs to do to confirm Daniels facts is look at graphs of one year for USDX ($ down down down), Gold/Silver ( UP Up UP), Unemployment (Up Up Up), Foreclosures ( up up up), Etc., Etc. & Etc. If you don't feel panic based on analysis of stone cold pragmatic facts you are simply not prudent. It is a slow moving train, thank God, so one can properly take defensive measures. Thank You Daniel.
CoinsFreedom 2 years ago 4
It just Dany dosn't work for GS, he is talking about comin sens
lilidk6150 2 years ago
I am proud to say I have NEVER pulled a video. Are you upset because I called the exact low for Nov 2008. Or what about in December 2008 when I said the dow would make a new low around feb 2009. How about my predictions about the real economy, like the job market.
Please, if you don't like the channel, just go. thx
visionvictory 2 years ago
Lets See:
I am going to ask you this R6bbie-
What would this country look like if there was no more government handouts of any kind???
No unemployment, Food Stamps, Medical Coupons, S.S., Disability, Welfare of any kind.
Would this country look worse than the Great Depression? It is our government keeping this country afloat! There will be a PANIC someday soon. The day our debt is no longer financed. You will see the BIGGEST PANIC you have ever seen!
margiemaae 2 years ago
Oh...you mean like if a drug pusher finally quits giving a junkie his dope? Yeah....real panic....but in the end he might just live. If he continues to use ...he dies. That is the real reason the govt. "gives" is to have a population that is dependent. When the population is dependent on govt. then govt. retains their power over the people. The idea that it is the govt. keeping this country afloat is insane. Washington IS THE PROBLEM!
Toneyboy53 2 years ago 2
I agree with you Toneyboy-
The government Handouts are the only form of money that many people get! It is exactly why it is wrong to just give out money to all these people. What will happen to all these people when the FREE ride stops; The CHAOS will start!
That is what I am talking about...
margiemaae 2 years ago
What you've described is very upsetting, but true. It used to be that years ago you could rely on family, close friends or maybe even a benevolent stranger for money to start a business, invest or get out of debt. Now their places have been taken by bank loans and governement welfare. It's sad, really.
TenderTrap86 2 years ago
Pretty bleak stuff, but look at all the indicators and what do you have. Congress just passed the Hate Crimes Bill today that included a host of other items costing a total of $680 billion. This doesn't count all the foreign aid the USA is giving around the globe, ie $540 million in aid to Senegal in Africa. Does it ever stop? Doe these people know anything about economics?
Good God! Who's running the Country?
gombet 2 years ago
Thanks Daniel. Have any news on the baby?
bossduff 2 years ago
any day, any minute :)
visionvictory 2 years ago
WARNING V.V.
Don't believe your wife if she says something unkind to you in labor. She doesn't mean it.!! LOL.....
margiemaae 2 years ago
GDP nunbers will likely fall as the consumer gradually lowers his/her standards of life. If the unemployed exhaust all "fabricated" UE extensions, the situation will turn unbearable. Housing is embedded in fictitious economic numbers, leveraged by money that hasn't been created yet and money that has been surrendered (swept under the rug along with the rest of the raw sewage this government has handled), to gargantuan losses.
curiousEGM 2 years ago
all those green shoots will turn out to be weeds!
arcanekrusader 2 years ago
Well, now instead of weeds, they are large trees! Or a big bunch of soybean sprouts! aHa! Ha! Ha! Ha! Ha! aHa! Ha! Ha! Ha! ROFL! :P
VV is so right!
curiousEGM 2 years ago
Green shoots is legalized marajuana
SamuraiCommando 2 years ago 3
LOL :)
visionvictory 2 years ago
Comment removed
curiousEGM 2 years ago
I pretty much agree with you on nearly all points. Managers here in France mostly had increases in pay in 2008, despite recession. Some manufacturing jobs still exist here, and some are returning here from abroad. Much cautious optimism here, business down about 30 per cent. at this point from last year at this time. Best to you, will share widely.
slobomotion 2 years ago
@slobomotion-
I just went to Europe this summer and spent nearly 3 weeks there. I was in France for 7 days, It wasn't as busy as I thought it would be.
margiemaae 2 years ago
This must have been your first visit to the Continent? Business is very slow here in France during the summer, and this year was no exception. No business decisions are made between June 30 and September 1, for example. It's downtime. I took a two week vacation in late September here in Perigord and Loire, and the tourism industry was just fine. I've been here 15 years and have found it stagnant by US standards, but I've steadily made a million.
slobomotion 2 years ago
Do you get the feeling that the stock Market on Thursday the 29th of Oct will drop - 421 or lower? Hmmm
Montagraph 2 years ago
@Montagraph-
Where do you get that number from?
margiemaae 2 years ago
margiemaae, let's see what happens tomorrow and then I wil happily tell you! Otherwise, you wouldn't believe me, anyway! If it doesn't turn out that way-which I really believe that it will, well-let's just see!
Montagraph 2 years ago
So much for the GDP number! I should have known!
WIth real disposible income down ( Real Numbers) 7.4% q/o/q we all know that this is going to end up badly. It will all come tumbling down. I guess today is not the day! More Smoke and Mirrors.
margiemaae 2 years ago
The day isn't over yet! :D
Montagraph 2 years ago
The MSM will be using the D word by the end of 2010
DEMCAD 2 years ago
I agree, the Depression will be openly talked about starting in 2010.
thx for the comments
visionvictory 2 years ago
Since 1913, the purchasing power of the $ has fallen 96%. To match that loss, gold should be up 25 times from its pre-1934 fixed value of $20.67.
It's not. It's up 50-times. On this basis, gold is 50% overvalued.
"A gold buyer today must be really convinced that inflation is going to take off in order to justify buying at today's prices. Of course, buyers today are convinced that inflation will rage, just as they were convinced that inflation was no threat at all back when gold was at $253.
marketwatch101 2 years ago
In todays news:
COSTCO now going to be accepting Food Stamps!!! Ummm. Isn't the membership fee pretty steep??? With that news it is just a matter of time...
Technicals are very bearish. Thursday's GDP may be all we need for the waterfall. Could be the big retracement ?? We will see what the GDP number brings. Which way is it gonna go??? Get the popcorn ready, you probably don't want to miss this!
margiemaae 2 years ago
That's nothing---
Walmart now sells funeral caskets and urns online---go check it out.
bvb71 2 years ago
why would you discredit him with "that's nothing" ? If you agree with him you should reaffirm the position he takes instead of acting as though his points aren't note worthy. I mean no disrespect to you so i hope you do not take offense to this comment bvb71.
DealerDirekt 2 years ago
I thought it was pretty obvious I was ibeing sarcastic, while talking about another extreme in the new, downward economy... But, allow me to explain:
One extreme/end of the spectrum: Accepting food stamps at a bulk, discount mega store...
(Food staples for the masses to live and thrive)
The other extreme/end of the spectrum:
"THE" mega store, now offering caskets...
(Cheap, end of life needs for the masses)
Anyone else confused by my statement? More clarification needed?
bvb71 2 years ago
Oh, and no offense taken.
But, like he said, grab the popcorn.
bvb71 2 years ago
I understood your sarcasm...I really didn't need the clarification but thank you. I'm sure new VV subs will understand where your coming from now. If they even care to read the comments..I appreciate your polite response thanks again.
DealerDirekt 2 years ago
Middle class Costco members are losing their jobs, smart move for Costco.
visionvictory 2 years ago
Executive Membership for 1 year is $100.00
Business Membership is $50.00
Gold Star Membership is $50.00
Thier Costco Dogs are still $1.50 with a soda. Now thats a DEAL!
margiemaae 2 years ago
This has been flagged as spam show
good video bro. 5 stars from me :)
CayenneGTS681 2 years ago
they always say 306 views lol
Miredninja 2 years ago
ratings exceed view count!
stratcatavarious 2 years ago
I agree with him but it seems like every time someone posts a video of their short term predictions, it's never right. lol
shouldlistentoronpau 2 years ago 2