INFLATION, DOLLAR CRISIS, GOLD LEVELS, TAXES AND MORE

[x7isrich]

interview harry dent. he subscribes to a lot of what you say, but he seems to not believe that inflation will be a problem. I'd love to see you go head to head. he's one of the smartest guys I know of who doesn't think inflation will go down the what you think it will. It would be a good interview.

[x7isrich]

all we need to do is create an even BIGGER bubble. one bigger than ever before. that will fix everything permanently ;)

[aliljuice]

BIG country!! lol BUY items you know ppl will want I.E BEER WEED idk stuff like that

[FGTBOGSAT]

get gold and silver while you can!

[ohio1998]

You'll be able to get whatever silver coin whenever you want. Why is it so rare? It's not.

[ohio1998]

I'm selling the PM ralley. There will be a pullback due to over-buying and low volume.

[NicosMind]

actually price it in the yuan, even better, i think even the gold pestamists(how the hell is that spelt?) well anyway even they wont argue.

[NicosMind]

im watching gold sky rocket but i live in the pound sterling and my gold reserves are actually losing value. Price gold in euros that would be much better.

[ohio1998]

Take a look palladium. It hasn't taken off like gold/silver. Palladium is underbought. Take a look at PAL or SWC. I just bought 33 shares of PAL. I'm a small investor, but a good one!

33% on YZC, sold today

25% on AUY, sold last week

[NicosMind]

Thanks for the advice. Im a major small investor myself. Got myself 30 silver coins the other day and im happy with that at the minute.

How did you buy your shares? Ive been wanting to use an internet broker but havent had the balls to register yet cause i keep thinking im gonna get robbed! I want to buy Jim Roger's ETF and see what Marc Faber has on offer. Thanks for the advice again. Any is much appreciated :)

[ohio1998]

Check out my videos. I buy mine online. Don't use Etrade. i like to call them Escam. You need to learn what you want to buy yourself. I buy small amounts of silver each week, like 40 silver dimes. Silver is nothing but a form of savings. If silver goes to $50, it won't mean shit unless your a millionare already. It will only mean a big mac will cost $15. :( Sorry, but inflation sucks and unless you trade futures contracts, good luck!!!!

[NicosMind]

Really? I heard Etrade was one of the good one! If theyre scammers its good job i havent had the balls to use them yet lol. 2 others ive been recommended are tdameritrade and fidelity.

Dont worry im gonna keep up my silver buying :) But now i feel like buying an ETF cause i want something with a dividen on it. Which of your videos do you recommend? Thanks for all the advice btw

[ohio1998]

Look for a cheap online service. ETF's are ok, but they move violently. Buy when there's a bottom like with anything.

[DontTread0nMe1776]

I wouldn't touch an ETF with a 10 foot pole, same goes with most stocks (Bob Chapman says go for stock in gold and silver mining companies if you have some money you want to gamble with, but the bulk of your savings should be in PHYSICAL gold and silver)

[NicosMind]

Yeah but an ETF in mining companies gets you leverage. And im wanting to buy in the agriculture as well. Jim Rogers has been buying a lot of Brazil and other countries but im disappointed to find his 4 ETFs are actually ETNs. I still want to buy i just dont know whos safe to use when buying stocks and ETFs.

Plus i have been buying physical silver. i just dont want to have all my wealth in my house. And i would never buy stocks in the UK/US/Europe.

[DontTread0nMe1776]

You definitely need to get creative with your hiding places if you have a large quantity of precious metals, and storing much of them away from you house is a good idea (just don't use a "safe" deposit box, the fed can open them and confiscate metals if there is a bank run). Jim Rogers is 95% right on what he says, but he is an inside guy and mixes in 5% propaganda to mislead people so take his advice with a grain of salt. Make sure your first investment in agriculture is some heirloom seeds.

[NicosMind]

Yeah im building up my silver slowly. Dont have to be inventive yet in storing it but may throw it about the house a bit. Well im trying to work out when to buy Jim. He doesnt invest in the West so im guessing his shares are gonna be inflation safe. It still may take a few years before it takes off but i will still diversify. I like Marc Faber as well.

[psxwarrior]

Did I just hear him say, John Bradshaw Layfield? He's a wrestler, isn't he? Or is it another guy?

[psxwarrior]

I just did research on the guy. All I can say is cool.

[Kittenkattan]

Sir, I think your missing one important element in "True Capitalism", WE DON'T MAKE STUFF! The fundamental of Capitalism died in 1973, when we went off the Gold standard and sent our jobs overseas. You can not recover an economy on Starbucks and McDonald's. We need steel makers, shoe makers, and yes, Car makers. With out something to sell, we are no longer Capitalist, we are a banana republic. We at least in banana republics they can sell bananas. In Short, we're screwed without industry.

[Gabor4u]

Where is all this money that was pumped in? The banks are not lending (and they should not). People are hording cash. Any new money in people's hands are going to pay off debts which is money destruction. Salaries are decreasing, people are losing jobs. Money velocity is slowing. I just don't see inflation anytime soon.

[disciple90633]

no offense gabor, but are you an idiot?

The fed is monetizing debt which is pure, unadulterated 100% inflation.

Learn econ 101 before you speak. Once the fed has to buy its own debts (which it has already begun doing), the party is over.

[Gabor4u]

People who must sink to insults are usually in the wrong. I'm not going to explain things to a child. There is much you are not aware of.

[interneteffects]

Disciple90633 is spot on. New money is NOT going into people's hands, and very few people are in a position to "hoard cash". We are already seeing inflation. If bankruptcy and the market could operate, only malinvestment would suffer its own losses, and lost jobs would be replaced with manufacture and service. Instead, honest, hard-working people will continue to line the pockets of bankers and pay for others' bad choices for years to come. Buy gold!

[mandatum]

Gold, oil and commodities have all being rising in the last month. This is inflation, not deflation. Inflation will really pick up here in the next few months as the banksters flush with TARP money and cheap loans from the FED start to bid up all commodities. People don't have any money, but they are going to have even less when everything around them skyrockets in price. It is going to get nasty out there.

[Gabor4u]

Inflation and commodities have nothing to do with each other. Inflation is the increase or currency + credit. Currency is being created like you said, but credit is being destroyed faster.

[mandatum]

Gabor, what the hell do you mean inflation and commodities have nothing to do with each other?! Of course they do! The money that is bidding up commodities right now is the money given to the TARP banks and money given to Goldman Sachs. Nobody is bidding up the price with credit. Real, honest to gosh greenbacks that the Fed has been printing at record rates trying to prop up the real estate market. But banks ain't stupid. Gunna try the commodity play one last time.

[ohio1998]

I think it's people moving out of treasuries and speculating on the metals. Fine, I have oil, natural gas, palladium, gold, and silver stocks. I'm in a position of selling!

[Kittenkattan]

I must say that you need to see the aspects as to what that money (Pumped in) has been used for. Most of it has been used in Quantitative Easing. A fancy term for buying your own debt to falsely raise the price. The Chinese are not falling for that trick any longer, so now the bond markets are raising at record amounts and soon the Bond bubble will pop. That is where all the money went.

Peace.

K.K.

[herbs814]

Well explained. "Quantitative Easing" is just a scam to artificially prop up the bond markets with fiat currency, backed by nothing. If people thought the housing financial bust was severe, imagine when the dollar collapse, the bond market bubble goes bust, and taxes are promoted as the answer to the budget gaps.

Buy only what you need

and sell what you don't.

[DontTread0nMe1776]

Yes, Quantitative Easing = Monetizing the debt = INFLATION!

[ohio1998]

Yes and no. I see money flooding into speculative stocks like gold/oil.

[FGTBOGSAT]

Buy FXA --Australian dollar ETF.

[ohio1998]

Sure, last winter. Why buy something that's already made a massive move up? It's not going to make a straight line up. It will correct sometime this summer.  Low volume means nothing.

[WOLF333999]

Max Keiser.

[jfcrow1]

Interview Paul Craig Roberts Former Secretary of Treasury. Very Smart Old man. GREAT NEW WEB SITE!!!!

[TheSharpenedPen]

Thank you for putting this out. There are just so many people walking around with hope and change on their brains and little else, about to be taken for everything they've got.

This is free economic advise which comes in the form of charity - you're not asked to pay for it because you need it badly. Prepare yourself and your family for inflation. The government and controlled media declaring green shoots everywhere flies in the face of reality. Simply put, you're being lied to.

[tickhound]

Amen brother... Look at the dollar chart vs "just about anything" the last decade or so and it tells the story... I honestly believe most people do not understand what it means to "Increase the money supply".

[bdiggs77]

marc faber