Rev. Lindsay Williams on Alex Jones (2-9-09) 2/4

[sugarpuddin88]

Derr

I'm not sure what comment of mine you are referring too

It is too late to convert US dollars into Japanese Yen; however, according to Jim Rogers, (and other commodity & economic specialists), it is still not a bad time to invest into the Chinese renminbi

I "personally" feel that buying a Norwegian Krone is a good investment as well - However, that is my personal invention; and, have heard no one else to suggest it

[loveisthevehicle]

I've long felt similarly. It seems Lindsey hung around the $ grubbers so long that their greed rubbed off on him --but he doesn't know it.

Because insiders feed him info., I've often wondered how much of it is actually disinformation? What would ever make them real trustworthy sources?

His selling of his insider info. feels creepy --especially since he so often self-references as "chaplain." It casts a pall on his credibility.

I think he should decide if he's a merchant or pastor.

[zthustra]

I can't help but wonder why Rev. Williams failed to tell us that only about 3.65 billion barrells of the oil known to exist in the Bakkens is "technically available"? This was in the report! All of the remaining oil is as inaccessible as if it was on the planet Neptune. Most of the oil is trapped in the shale and can't be extracted, even with the help of horizontal drilling, fracturing and steam. The Bakken formation is not going to rescue America from peak oil.

[Paetaor]

So they are going to make a lot of money from flooding the world with oil?

1.) demand is going to drop due to the global recession,

2.) oil production is going to double or triple from these reserves

3.) the price is going to triple

The dollar collapsing I get but unless the US ships a lot of oil to China, Japan and other creditors I don't see how it can fix everything.

[matrixpoint]

I think Lindsay is desperate looking for something that might help lift us out of a very deep hole of debt. Our debt is so massive, there is almost no way out, with only a few exceptions. The few I can think of are:

1. Selling off natural resources. Otherwise, there's really only land. For example, selling Alaska back to Russia. But how politically acceptable is that?

[matrixpoint]

2. Some amazing technological innovation, such a solution to the world energy demand that involves technology that we control, have the expertise in, and exclusive ability to manufacture, distribute, train to use, and service for the rest of the world. Or a cure for aging.

3. Use the military to either defend against creditors who demand payment after we default, or outright conquer them or others for the resources. Sadly, this may be more politically acceptable than honestly paying our debt.

[matrixpoint]

4. Hope for the our creditors to just forgive our debt out of kindness. But I'm afraid we've squandered most of the world's goodwill toward us, especially in recent years.

[sugarpuddin88]

By the way, I think Lindsey makes (or implies) somewhat of an error about Dubai

Oil is only a very small portion of Dubai's trading wealth

Though I can appreciate Dubai is over built, (which often happens in many markets); and that their oil customers would be greatly diminished if their Middle Eastern neighbors went bankrupt.

For years oil nations have bought into other commodities, etc. to hedge any future oil losses in the market place

[sugarpuddin88]

Huh!

Dubai looked nice to me last summer

So I am to understand Exxon & others want to bankrupt the Middle East?

[SLEEPy2k16]

money is going to be worthless soon, buy gold, silver, transfer u.s. dallor to british pounds. store food

[philosphrstone]

british pounds are fiat currency too... as is every other currency in the world. Stick to things of REAL value...

[sugarpuddin88]

Simply transfer your worthless US dollars into Chinese before it's too late

Now it's too late to buy into the Yen

Use Everbank - You can even roll your IRAs into foreign currency there

[philosphrstone]

You are missing the point completely... buy things of REAL value... currency is not real, and the numbers in the computers can be messed with. Buy gear, food that keeps, precious metals, etc... on top of that, doesn't it bother you that banks can loan out 100 times what they have in deposits... that is the source of our current economic situation. Don't give them the opportunity to use your hard earned money...

[ckpeltomaa]

Yes, buy toilet paper rolls -- the new and upcoming "currency", lol.

[wlfee1969]

british pounds? are you insane?