all civilizations collapse. it is always due to depleting resources faster than they can replenish themselves (forests / fertile soil). we will fail because of oil depletion during population growth. there is absolutely no replacement without making sacrifices. unfortunately sacrifice doesnt rhyme with america.
@boundtogetdown We did during World War II but then again we were just coming out of a depression then and the war was putting people back to work. People were more willing to make sacrifices then. Now with the era of instant gratification, computer gaming and other things that could be a lot more difficult.
This comment has received too many negative votesshow
Oh you can just piss off. You and everybody who wants this to happen because of this stupid neo-puritan belief that people are too comfortable and having too much fun for their own good. Peoples lives full of drudgery, void of what we see as the simplest of pleasures, barely keeping alive, nasty brutish and short and this is inherently good because they fit some peoples airy-fairy idea of "really human". Such people who think this way deserve to raided and robbed.
It is unbelievable to see that people are still generalizing. Why is it so hard to see that all peoples through out the ages have been subjugated? Why is it so hard for people to take into account that most human want and need the same things? No body deserves to suffer. Not all American are mad consumers, self absorbed and greedy.Regardless of economic abilities to consume,some choose not to. There are some good people here more concerned with others than oursleves. Just talk to some mothers.
About one thing we may be sure. The U.S. deficit and national debt are going to soar. The credit rating of the United States, as this nation of non-savers has to borrow abroad to save its banks, and their banks, is going to fall. We are going to be a poorer nation and people.
Here is how this bail out can help us all. If these "smart people" in congress really care to help us Americans they would buy these loans at a discount and make the intrest rate on these loans 3%. That would cut most peoples martgage payment in half (its the high jump in interest that people cant afford. After 8 yrs sell these loans back to the banks. This would revive the economy over night. Call your congress person and demand this be part of the bail out go 2congressdotorg to get their ph#
STOP MANIFESTING POOR FUTURES....... no war... we will break from oil.... your oil stocks are gonna be trash soon enough..... i know it looks grim but just believe....
They're trying to devalue the dollar to the point of collapse so they can bring on the Amero. They're trying to strangle the free market and the market is fighting back. Let the bubble pop already that way it's only stuck all over our face and not in our hair as well...
yeah, all those manufacturing jobs were in amer. and the loyal CEO of these companies moved them to china in order to be able to pollute, and pay $1 a day for a days work. then the realtor built 100 houses and got people with bad jobs into awful debts so that Lehman, Bearstern, and Lynch could make a high profit. In jan.07 the deo of bear sterns own stock worth more than a bil.? How could it be? Some of these intelligent executives were to blame and they still hold to lots of $.
peak oil was horseshit. the price is going down because the election is close and McCain has a chance to win. The price tripled based on peak oil and whispers about Iran. all horseshit. There was an actual war in Georgia, Hurrican Gustav and the other Hurricane, and they dropped production by 500,000 barrels. The price still went down. Its all horseshit. Its all manipulation, and its all about them getting rich, and now its about getting the same retards who voted Bush in, to vote for McCain.
Unless you think that crude oil is somehow magically renewing itself then its not horseshit. If you read Matt Simmons book Twilight in the Desert youll understand how the worlds major oil producers HAVE hit peak production capacity due to geology as oil fields are drained. Youre right there is manipulation but thats because the world still has reserves of already extracted oil and the price still can be controled to a degree. But make no mistake about it world oil production peaked in 07.
First, I want to thank you for your very informative videos. They are great.
I will say however in this video you mention the Iran/Israel/US situation and I think you are terribly misinformed, although I dont disagree that the result will likely be just as you said, but it sounds like your getting your info from Bill O´Reilly.
stave111, this guy seems to know it all. I hope the feds and the bankrupt firms hire him. If not then he should then either run a mile a day to get him out of his ass or find a real job that requires less talking or opinions and more physical body movement.
Leave it to psychos like LaRouche(pac) and this guy to make every little market fluctuation into an elaborate conspiracy theory to bring down the "insert group here" or "insert government/state here"
Propaganda? What could he and others possibly want to spread lies for? But yes Capitalism definitely needs to have some sort of reform, if not total change in the way we live. Marx was right on a lot of things in the way this is now run. I guess Capitalism was't all it was cracked up to be though.
Yeah actually your very right, i overlooked that. I think capitalism was closest to its Ideal in Queen Elizabeth's time. Even then it wasn't totally fair game, but it was closer to the capitalist idea. What do you think? Oh and I like your unorthodox way of investing, very impressive.
Capitalism had 8 years to work. You see the result. The reality that you refuse to accept is that capitalists have no problem taking short term gains, in the billions of dollars, even if it destroys the institution. What do they care? They have their billions. This is the basic flaw in all capitalist thought. Companies are destroyed by people whose only object is to control them and drain their assets. Now the same has happened, essentially, to the entire government.
What capitalism, we haven't had true capitalism since 1913. In the last 10 years we have had interventions, socialism, and manipulation by the Federal Reserve. Capitalism didn't fail, it never had the chance to even take the test.
We have a mixed economy. Money is controlled from the top through the creation of bank credit. Banks create money and loan it out at interest. This creates boom and bust cycles and perpetual inflation. We do not have a free market.
IMHO, their is growing evidence by the day that says Paul, while I like his politics, and his advisor buddy Peter Schiff are wrong in their inflationary forecast. The wrinkle is falling oil, gold, silver, corn, wheat and a rallying dollar ... AKA deflation. yes, the economy will tank, but so will prices in a spiraling deflationary crash. There will be no safe haven in this crash; it will wipe out most asset classes.
I think that's some sort of textbook model. The Fed is a money machine and will pump it out at high volume as long as there is electricity. Bernanke will drop Fed notes from his helicopter. The National Guard will pave the streets with dollar bills. Dollars will be served for breakfast by law at every restaurant. And Wal-Mart will sell out of wheelbarrows.
no bone head you are, you are promoting the bombing of iran while hiding behind a ron paul sticker of freedom.
you are truly a pitiful moron, you're basically a neo con war monger but use a ron paul sticker for hits. you have nothing i want to hear, i have heard enough, maybe if we're luck one of those bombs will fall on your house and shut you up.
They are his 'personal beliefs' about 'investing' and granted, I think he's wrong about a number of things...well almost all of it but the bottom line is, what will be the judge of whether he's right or wrong, will be his 'check book balance' so to speak, 5,10, 20 years from now. HIstory says betting against the US economy is a suckers bet but hey, who knows. But I'm really interested in how I can buy the Dow Jones for 13 ounces of gold. I didn't quite get that.
You correctly called the wild gyrations of the stock market. Dow down today 345 points! I know some prices, e.g. oil have improved, but I still think we're in trouble. I Lost 30%on stocks in two days! I am searching hard to find a rising stock to get some $ back. Then I'm out and buying guns, ammo, and food, and a six month's supply of medications. I don't think my DR. or insurance will let me get more. I am selling all the extra stuff I have to raise some money to stock up.
Iran does NOT want to wipe someone off the face of the planet - they want the western powers to LEAVE THEM ALONE. Look at Pakistan - when Israel was going to move on them, Pakistan showed them the nukes and Israel suddenly left them alone. You fuckers who think we should bomb the world - YOU are the ones who need to be carted off to the camps. It is all about fear and control - and the US, UK, and Israel ALWAYS provoke others into war.
You should get a BLOG and post all of your videos in the blog. Something like wordpress. Or use Joomla to set up a website. Your information is very convincing and you speak honestly.
I just wish that all this was put under one , easy to navigate site and in orderly, timely fashion.
I am getting some major cash in from a business deal soon, should I invest ALL my liquid assets to gold bullion and keep it physically in safe keeping, keep a little in Fiat currency or send my assets to an overseas account. Just a hypothetical question. I have a feeling financial advisors will tell me stocks and mutual funds are fine even though i have seen otherwise. I want the truth. I dont really trust american banks right now. Any sugestions would be great.
Do not invest in gold or silver or any other commodity or stock. Now is not the time to try to realize huge gains; you must get your assets safe. Buy short-term treasury bonds and bills, accept the small gains and watch the dollar rally. Commodities, including metals and oil, will fall in a deflationary crash. Trying to make huge plays in this market will slap you in the face. Don't try to get rich; protect what you have.
"1. Prepare, detach yourself from the system as best you can. Or at least be ready to be independent of any system for at least a year."
Could you be more specific on this point. When you say any system, do you mean only the
government like welfare and such or even the local gas station? What are the majors you include in this? Utility companies? All banks? Any form of entertainment? The internet? Hospitals? You do state "any" system so I should take it as everything.
Great video's I agree with all of the information that u have commented on. My only question is when, do you think all this will happen? Recently just read an interview, where Jim Rogers said this will happen. But given a time frame, he said it would be decades before economic calamity. Again thank you for all the info, just trying to prepare on my end.
The pacts have been made, the deals done. Now, we wait. Commodities go higher now as the Fed can no longer hold down the hatch. Reality sets in.
TG,
I lean toward the opinion of deflation now, the writing becomes clearer. For awhile,, I still believe we seen both deflationary and inflationary pressures. But, deflation more "disguised".
I have just returned from the marketwatch blogs. A interesting group, if you like hearing about McCain, O'bama, O'bama, McCain. Fools.
I spread the word there brethren, and there are a few who know of things, only a few. The plight of Fannie and Freddie draws to an end. Good. Finally, some reality. But Alas, the wizard will "appear" Friday (isn't that the magic day??), wave his wand and the institutions will be nationalized, so much for reality....
hi i found this on the internet is this correct? Our markets are affected by paper silver futures contracts, and very few people ever attempt to take delivery of that silver; they buy it on leverage, for the investment returns, not for real silver. So, some people can sell 'silver promises' to excess, and never deliver, and if they sell more 'paper silver' than exists, that can manipulate the price."
first i heard about that ggb was from a speech by a ausie professor ...called "party games" i think his name Fekeke...you can search "party games, collapse of dollar"..you should get the speech..it was on youtube too...i cant remember the title..
CFTC documents show Vitol was one of the most active traders of oil on NYMEX as prices reached record levels. By June 6, for instance, Vitol had acquired a huge holding in oil contracts, betting prices would rise. The contracts were equal to 57.7 million barrels of oil, about three times the amount the United States consumes daily. That day, the price of oil spiked $11 to settle at $138. Oil prices eventually peaked at $147 a barrel on July 11 before falling to settle at $114.98 yesterday.
The CFTC, which learned about the nature of Vitol's activities only after making an unusual request for data from the firm, now reports that financial firms speculating for their clients or for themselves account for about 81 percent of the oil contracts on NYMEX, a far bigger share than had previously been stated by the agency.
"It is now evident that speculators in the energy futures markets play a much larger role than previously thought, and it is now even harder to accept the agency's laughable assertion that excessive speculation has not contributed to rising energy prices," said Rep. John D. Dingell (D-Mich.). He added that it was "difficult to comprehend how the CFTC would allow a trader" to acquire such a large oil inventory "and not scrutinize this position any sooner."
Fox News just said it accounted for 11% of the oil contracts. I'm not doubting your research, i know you a man of integrity. But I just want to double check, are you sure your read 81%? thx
Fox News is correct, so is the Washington Post when they say, "that financial firms speculating for their clients or for themselves account for about 81 percent of the oil contracts on NYMEX"
A Few Speculators Dominate Vast Market for Oil Trading
Looking forward to your next video also. I'm on the sidelines watching whats happening with FRE and FNM and its stunning. If you can please mention financials in your next vid. Thanks for your insight.
Mass residents who heat their homes with natural gas or oil could end up paying nearly $1B more this year than they did in 07, about a 30% increase, according to a Univ. of Mass. report set to be released today.
"It's a tremendous amount of money out of people's pockets," said Robin Sherman, the report's lead author. "People can cut back on to some extent if it gets too expensive, but there's obviously a floor beyond which they can't go to keep themselves in their homes without freezing."
"BobBrinkerisanIdiot: The purchasing power in your savings is being stolen and you don't even know it. "
:) please dont worry about my finances 'cause i'm not worried about them. Im well diversified so if either the dollar, euro, gold or silver goes down i will still be able to play video games all i want while you complain cause you didnt read the terms and conditions on the mortgage you got a few years ago...
Peak oil, dollar crumbling, the world will end soon, get your guns and stock your basement with food. lol
There's a serious economic problem we face today but it'll be ok. the US will just take over a few countries in the world that will pay us back in oil and food.stop worrying about the dollar.
VisionVictory:you should add dramatic music to your videos and maybe you should wear a V-Vedentta mask and add like a ticker on the bottom so people can see oil prices
edgar...cybertrader69...trollboy. Are you drunk as a skunk. All the world has to do to stop us if we go crazy militarily is to stop funding us. Then boom an economic implosion never seen before. Keep sippin Jack we'll keep laughing.
look whos talking...i just saw your video where you try to explain why govt numbers are phoney lol ... bdc03 "um yeah i heard in a radio show that the goverment numbers are phoney umm ahhh uhhh..they're tweaking something so uhmm ahh they're phoney"
out of all the doom and gloom clowns you have to be the worst i've seen
In 1929 a fellow by the name of Ludwig Von Mises predicted the 1929 crash and subsequent depression. Today, Nouriel Roubini, Dr. Chris Martenson, Richard C. Cook, Paul Craig Roberts, Ron Paul, Jim Rogers, George Soros, and many many more are predicting a severe recession/depression/collapse. These aren't survivalists I've mentioned, they are people you may want to investigate if you want to appear to be anything but a fool.
If you look at the big picture, people like edgar are fighting the inevitable. Thats why I like the movie IOUSA, it exposes that the long term picture is just as bleak as the short term. This is going to happen, regardless of all the hope.
Sorry to be such a doom and gloomer, but it is what it is.
last part... We don't want to talk about it too much. Why? It's overwhelming. Most people aren't prepared, some people know they should be more prepared... so we don't want to hear about it all the time. The lies calm most people's fears.
The people who feed us the good news about the economy are mostly afraid of losing their jobs and/or elections. Part of their job is also to calm our fears. It's sort of like talking about the earthquake; living here in CA we know there will be another one. We don't want to talk/or be reminded of it ALL the time.
The price of the debt issued by Fannie and Freddie has surged relative to U.S. Treasuries in the past two days, however, on the view that Congressional backing for a bailout mandated in July this year will secure repayment.
Investors are closely watching the performance of the companies' debt, given that the two GSEs will need to roll over $225 billion of debt by the end of September, according to Barclays Capital.
Looks like Paulson is going to have to use the bazooka.
Vision isn't out to scare people. He is out to help people. You are free to leave the blog and not listen. Get your own blog and focus on reassuring people or something if this is how you feel.
Has saved all his life. I asked him what he thought of the housing and economy (3 years ago) and he said it will end very, very bad. I asked him what med him think that. He simply said, "Well, if wages will increase with the same speed as housing prices, okay. But if not, it will one day have to come down
to what people are making." My guess is the guy makes less than $50K a year. Well, this
"the US economy is way too big and too complex for smaller fish like you (economics 101) to comprehend."
I hear the bubbleheads on TV talk about the housing market and they say all the time:
"No one saw this coming. No one could have predicted this." Well, the simplest people did. I remember reading a comment on the housing blog long ago when AHHNold Schwart... said "nobody see this coming..." a woman commented (she was a nurse or teacher and she replied: "I did and I'm no one special."
VV Saw last night you stated that your going to see a movie called I.O.U.S.A today, never heard of it tell last night. Well I watched the trailer and I come to find out its playing at a theater by me. I got tickets for tonight, so thanks for the info about this movie. Im pretty excited to see it.
edgarproductions-Just because you don't understand it, doesn't mean none of us can't. I happen to have a lot of experience when it comes to investments. I'm on the front lines and can see what's happening in the RE market. I speak to brokers on Wall Street and around the country all the time.
I understand your frustration that a weak economy could mean less video games, but you'll be okay.
visionvictory: you sound like you're trying to convince everybody and to believe you that the world is crumbling...you also said you got in when oil was at $30 yet i hear a lot of insecurity when you talk, people that usually know what they're talking about they dont have to convince anybody of anything (preachers?)...you're nothing short of those people that stand next on the street with signs that read "soon the world is coming to an end"...the US economy is way too big and too complex for...
Dude, listen to what you are saying. Basically, you are differing to who, cnbc, cnnfn, forbes, greenspan, bernanke, paulson, bush, cheney, or the rest these CROOKS, MURDERERS, AND PSYCHOPATHS.
You need to read a little history, pal. Start with say, the conference of Berlin. What about wwI. Was that war really necessary? Who fought it, and who gained. Your naivete astounds me. If you deny reality, you will pay the price.
Just listened to an interesting interview on HoweStreet(.)com on "What's Really Moving Gold?" The guy also said the next bank failure is one of the big banks and that it will freak out most American's.
Can you give your opinion or which bank you think it is or don't you want to do that?
Wamu has a lot of toxic debt and will probably be the first big bank to go. I think Bank of America has a long ways to go, but is doomed in the long run. BofA is huge on credit cards and 2nd mortgages. The CFC deal will also start to bleed into them. Remember the CFC deal only worked if the mortgage market didn't get worse.
Wamu is advertising all over the internet with 3.75% savings rates. So is WB and many others. Offering higher savings returns than the rest of the industry is foreboding to say the least. Indy mac offered 4.45% on a 12 month cd and 4% on savings prior to their fdic tgif party. Of course, people are still getting hammered by inflation...
QUESTIONER: If we don't reenact the draft, I don't think we'll have anyone to chase Bin Laden to the gates of hell. [Appaluse] MCCAIN: Ma'am, let me say that I don't disagree with anything you said.
While living in Boston I volunteered at a couple of homeless shelters and had MANY interactions with War vets. In fact, I regularly fed a guy who was sprayed with agent orange while stationed in Vietnam. He had multiple sclerosis so bad he could barely use his wheelchair.
Man, when I see this war shit it makes me want to puke. Support our troops my ASS. And for that matter the innocent civilians who are crushed in the meat grinder of random, vicious killing. For what? After the oil crisis in the early 70's we had a chance to do something really dynamic. Instead the country followed sock puppets led by crooks. Look at where we are now.
NEW YORK (Reuters) - A buying spree in the popular American Eagle bullion coins appears to have depleted inventory of major North American coin dealers, contributing to supply fears and sharply higher gold prices on Thursday.
"Nobody has the Eagles or the Buffalos right now. We bought 2,000 ounces late last week, and those were the last 2,000 ounces that we can find in the marketplace," said David Beahm, vice president of New Orleans-based Blancard.
According to a Thursday report by the Wall Street Journal, the U.S. Mint told dealers it was temporarily suspending all sales of the American Eagle coins due to depleted inventory and unprecedented demand.
Michael White, a spokesman of the U.S. Mint, did not return calls for comment.
On Sat. I am going on a big food shopping trip. I think it is going to be a long hard winter. By the way, I am a very fit, healthy, happy guy who has a great girl and 7 yr. old boy. I am worried, though..
Cheese is horribly high priced. I try to find alfredo sauce, it even comes in dry packets. Velveta used to be a lot higher than fresh cheddar, now it's about the same. American cheese slices you can find cheap too. Minced onions are great, esp if fresh onions become hard to find. I have chives growing outside, will prob bring in for winter.
Does anyone know the answer to this: The other day, on one of the networks (I think it was on Cavuto) a guy said that in the 70's (might have the wrong year) there were 1,500 bank failures. So far we've on ly had 9 and that even if we have hundreds, it's nothing!?!
When they say 1,500... do they mean 1,500 individual banks and financial institutions or
do they count every branch, like let's say a big bank like B of A goes under and they have
I'm not up to date on numbers of bank failures in the 70s 80s or 90s but I do know that when many of these banks fail, they are swallowed up by bigger banks. The end result of banks swallowing up banks is that the banks that are left standing are bigger and bigger and bigger. Therefore, it's not the number of bank failures that matter it's the size of the banks that are failing.
Households worried about the high cost of keeping warm this winter will draw little comfort from the Farmers' Almanac, which predicts below-average temperatures for most of the U.S.
"Numb's the word," says the 192-year-old publication, which claims an accuracy rate of 80 to 85 percent for its forecasts that are prepared two years in advance.
FBN was talking about how lowes and home depot have been selling a lot of fire wood. People are anticipating a cold winter and things being financially tight.
Just got a city property taxes appraisal proposal in yesterday. I was shocked to see they appraised down 20% from last year. OUCH. But the interesting thing is, my property taxes is about the same as last year. This is the starting of what I was worried about, they will tax you to death if you own your house ... soon you have no money to pay property taxes and lose your home to the city ... city will auction it out for cheap to bankers and the riches.
VV, I respect you and like your videos, but not interacting here as much, because prev vids, saw more input from many different perspectives. Now, it all seems about money and investing. There is so much else going on people! We are losing our humanity, our ethics and love for each other.
Our focus is being directed to whatever they want it to be. The election, the olympics, the economy, the wars, the aliens...
People used to care. Old movies had morals in them. We have gone from working to be better humans, to being better at spending, eating, watching TV/movies... when is the last time we've told the Earth thank you?
Not losing, America has already lost it. Americans have become obsessed with hyper-materialism. They can't even think without a remote control or a credit card in their hand.
I can't wait for these distractions to crumble, imagine having a real conversation at a family gathering.
LOL, couldn't have said it better... remote and credit card...
Yes... get togethers of everyone conversing, cooking, cleaning up, playing horse shoes or cards... used to be the norm. Now, it's "you mean we have to go outside?" And can't move face from TV too long... might miss something! LOL
the first thing I do at any family gathering is go to the back yard and pull out the patio chairs. if they happen to have a fire pit, i light it up.
I'm sick of everyone going into the living room to watch the football or basket ball game. I refuse to sit around and talk about some distant stars life and stats.
Actually, at my sis's last weekend. Family just got together for heck of it. We were all on the deck, with a few on patio below, and my brother playing his native american flute, and kids doing gymnastics in the yard... Got to see pics of my sis's trip to Germany. Then... two of the boys played vid games, and my other sis asking to know when Phelps was swimming so she could run in, lol.
That look... lol, you could probably yell fire and still no acknowledgement, or you get that finger sticking up, which means wait till a commercial... lol.
Finally someone who understands the true pitfall of American culture, materialism and consumption. You are right, and once the crash does happen people will have no choice but to wake up to how selfish they've been.
andrew817, another fucking person who wants this to happen and believes we deserve to suffer. I hope the masses you so despise break into your house and take your shit because you, my friend, deserve it.
1) you do kind of deserve to suffer, if the american public wasn't so easily manipulated then they wouldn't be manipulated so easily.
2) This person is trying to alert you to an unavoidable event that will hurt you and you're family... basically, he's trying to help you. So why the hostility?
Why the hostility? How much do you know about the causes of the economic situation we're in? Have you considered that maybe the reason why we find ourselves in such a terrible situation is because we have made bad decisions one after the other, both in the private sector and the public sector?
If you are frustrated or scared I understand. But try to calm down and really consider what is going on, why all this happened, and what we can do to better it.
I agree with you... Some regular posters are now talking about I am shorting this today, I cover the short today, I am long on this today.. etc. It's become an investing chat board. It's a turn off.
Don't get me wrong. I enjoy everyone's comments, and have learned a ton from the very intelligent here. Enjoy TGS, Coultrane, Center, and so many more.
Just miss the "down home" feel it had awhile back. The variety, and the sharing. Some harsh energies are out there today and have been the last few days. Things will be escalating.
More than likely the people going to see this movie, are already aware. They are people like you and I who are preparing for this break down in the american life style.
But at the same time, I'm using this movie to wake up as many as possible.
Yes, I understand. Your intentions are true and good.
It's just bothered me lately, and hitting me very hard, that I know many out there are hurting real bad and hungry. There are people laid off by thousands, while the CEO's (which could pay many salaries) are still high on the hog.
There has been some really bad decisions, calls, and direction by all areas. Even myself, have had confusion in decisions to plan for future that used to come easy. As you had.. the red pill... There are ways to battle the mind fog. Someday if I get my Canon or Fuji working again, will do a vid.
someone posted the following link yesterday - the most informative article I've read on gold price manipulation .. worth the read .. (ignore the spaces)
Could it be the reality is trumping the magic show. We'll see, lets see if this even last half a day.
Market Watch:
U.S. stock futures indicate a weaker start on tap for Thursday as nervousness creeps back into the market following a one-day reprieve. Oil prices up over $2, and dollar gets clobbered.
WEDNESDAY, Aug. 20 (HealthDay News) -- Working-age Americans are facing mounting problems when it comes to affording health care, a result of what analysts are calling a "perfect storm" of economic woes.
In 2007, 41 percent of working-age Americans -- 72 million people -- reported having medical bill problems or trouble paying off medical debts, up from 34 percent in 2005.
Are FRE and FNM about to fail? It seems to be getting down to the wire...financials downgrading each other...Anyone curious as to what will happen with them the nex few days? I have no stake in either, I didn't want to play with fire this time around.
Vision, I'll be seing it in CT. There's supposed to be a discussion after the movie with a panel of experts via satellite from Colorado. I would love to have you put out a bulletin the next day with some of your thoughts on what will be in the movie and what will be said after the movie.
keep up the good work im with you 100%
and i hope Ron Paul run agin fingers crossed
colo4life360 2 years ago
all civilizations collapse. it is always due to depleting resources faster than they can replenish themselves (forests / fertile soil). we will fail because of oil depletion during population growth. there is absolutely no replacement without making sacrifices. unfortunately sacrifice doesnt rhyme with america.
boundtogetdown 2 years ago
@boundtogetdown We did during World War II but then again we were just coming out of a depression then and the war was putting people back to work. People were more willing to make sacrifices then. Now with the era of instant gratification, computer gaming and other things that could be a lot more difficult.
pbonney 1 year ago
visionvictory,
Your going have to produce a dvd on finacial advice.Eeveryone could send payment via pay pal.
sploggon 3 years ago
This comment has received too many negative votes show
Oh you can just piss off. You and everybody who wants this to happen because of this stupid neo-puritan belief that people are too comfortable and having too much fun for their own good. Peoples lives full of drudgery, void of what we see as the simplest of pleasures, barely keeping alive, nasty brutish and short and this is inherently good because they fit some peoples airy-fairy idea of "really human". Such people who think this way deserve to raided and robbed.
shootthemessenger33 3 years ago
Raid and rob me please. People who don't earn 150,000 a year shouldn't live like they do, and you are probably one of them.
stuarth08 3 years ago
It is unbelievable to see that people are still generalizing. Why is it so hard to see that all peoples through out the ages have been subjugated? Why is it so hard for people to take into account that most human want and need the same things? No body deserves to suffer. Not all American are mad consumers, self absorbed and greedy.Regardless of economic abilities to consume,some choose not to. There are some good people here more concerned with others than oursleves. Just talk to some mothers.
artnuwa11 3 years ago
its immoral to make money off wars maybe this is the reason yall are going down your paying for moral bankruptcy
faszika 3 years ago 5
Of course.
I am glad you see it, now. What goes around, comes around, and pay back time ishere to stay.
bushisacoxucker 3 years ago
Why should we give a fuck about Muslims and Jews I Only give a fuck about the United States of AMERICA.
Bucktooth001 3 years ago
About one thing we may be sure. The U.S. deficit and national debt are going to soar. The credit rating of the United States, as this nation of non-savers has to borrow abroad to save its banks, and their banks, is going to fall. We are going to be a poorer nation and people.
onstageagain 3 years ago
Here is how this bail out can help us all. If these "smart people" in congress really care to help us Americans they would buy these loans at a discount and make the intrest rate on these loans 3%. That would cut most peoples martgage payment in half (its the high jump in interest that people cant afford. After 8 yrs sell these loans back to the banks. This would revive the economy over night. Call your congress person and demand this be part of the bail out go 2congressdotorg to get their ph#
americansRNOTstupid 3 years ago
I have good credit 750, and my bank reduced my credit line 6 thousand for no reason. I never had a late charge?
cdawgfx 3 years ago
It is because they don't have money to lend to you. They are basically bankrupted
LongimanusShark 3 years ago
thx dude for you're effort/sharing of opinion&info (preaching to the quier perhaps cause t pope aint listening)
you should ask yourself;
soooo...what is amerika gonna do about it?!?!
ps.igotsomeherbs2tradeforgold...lol
(time to get organized?)
sambalbei 3 years ago
STOP MANIFESTING POOR FUTURES....... no war... we will break from oil.... your oil stocks are gonna be trash soon enough..... i know it looks grim but just believe....
dancidelics 3 years ago
They're trying to devalue the dollar to the point of collapse so they can bring on the Amero. They're trying to strangle the free market and the market is fighting back. Let the bubble pop already that way it's only stuck all over our face and not in our hair as well...
th31ncubu5 3 years ago
yeah, all those manufacturing jobs were in amer. and the loyal CEO of these companies moved them to china in order to be able to pollute, and pay $1 a day for a days work. then the realtor built 100 houses and got people with bad jobs into awful debts so that Lehman, Bearstern, and Lynch could make a high profit. In jan.07 the deo of bear sterns own stock worth more than a bil.? How could it be? Some of these intelligent executives were to blame and they still hold to lots of $.
butifarra61 3 years ago
peak oil was horseshit. the price is going down because the election is close and McCain has a chance to win. The price tripled based on peak oil and whispers about Iran. all horseshit. There was an actual war in Georgia, Hurrican Gustav and the other Hurricane, and they dropped production by 500,000 barrels. The price still went down. Its all horseshit. Its all manipulation, and its all about them getting rich, and now its about getting the same retards who voted Bush in, to vote for McCain.
tallcoolone1 3 years ago
Unless you think that crude oil is somehow magically renewing itself then its not horseshit. If you read Matt Simmons book Twilight in the Desert youll understand how the worlds major oil producers HAVE hit peak production capacity due to geology as oil fields are drained. Youre right there is manipulation but thats because the world still has reserves of already extracted oil and the price still can be controled to a degree. But make no mistake about it world oil production peaked in 07.
jimw81a 3 years ago
First, I want to thank you for your very informative videos. They are great.
I will say however in this video you mention the Iran/Israel/US situation and I think you are terribly misinformed, although I dont disagree that the result will likely be just as you said, but it sounds like your getting your info from Bill O´Reilly.
Other than that great stuff, thanks.
Stave111 3 years ago
stave111, this guy seems to know it all. I hope the feds and the bankrupt firms hire him. If not then he should then either run a mile a day to get him out of his ass or find a real job that requires less talking or opinions and more physical body movement.
butifarra61 3 years ago
cant listen to someone who says "nucular bombs"
TeamParanoia 3 years ago
lol thx
visionvictory 3 years ago
when i say gov to intervene i did not mean bailout but introducing regulations which could avoid what happened so far.
thats interventionist capitalism.
fbourde 3 years ago
Yup I think your right, whats happening now is Fascism. When Government does the bidding of corporations.
shegax03 3 years ago
Jeez, it's just a normal downtrend ffs.
Leave it to psychos like LaRouche(pac) and this guy to make every little market fluctuation into an elaborate conspiracy theory to bring down the "insert group here" or "insert government/state here"
Nuclearcx 3 years ago
good propaganda mate!
sorry i do not share your opinions, but all out capitalism as its limits, time for govnmts to intervene.
fbourde 3 years ago
Propaganda? What could he and others possibly want to spread lies for? But yes Capitalism definitely needs to have some sort of reform, if not total change in the way we live. Marx was right on a lot of things in the way this is now run. I guess Capitalism was't all it was cracked up to be though.
shegax03 3 years ago
When did capitalism have a chance to work? The fed controls the interest rates, they manipulate and intervene in the market all the time.
visionvictory 3 years ago
Yeah actually your very right, i overlooked that. I think capitalism was closest to its Ideal in Queen Elizabeth's time. Even then it wasn't totally fair game, but it was closer to the capitalist idea. What do you think? Oh and I like your unorthodox way of investing, very impressive.
shegax03 3 years ago
Capitalism had 8 years to work. You see the result. The reality that you refuse to accept is that capitalists have no problem taking short term gains, in the billions of dollars, even if it destroys the institution. What do they care? They have their billions. This is the basic flaw in all capitalist thought. Companies are destroyed by people whose only object is to control them and drain their assets. Now the same has happened, essentially, to the entire government.
tallcoolone1 3 years ago
What capitalism, we haven't had true capitalism since 1913. In the last 10 years we have had interventions, socialism, and manipulation by the Federal Reserve. Capitalism didn't fail, it never had the chance to even take the test.
visionvictory 3 years ago
@visionvictory you had socialism? really? Idiot.
dodojardin 1 year ago
@tallcoolone1
Capitalism has had 235 years Genius, and it has created the greatest nation on earth.
Just lay down and stay still, the government will take care of you...
Evenflo76 1 year ago
We have a mixed economy. Money is controlled from the top through the creation of bank credit. Banks create money and loan it out at interest. This creates boom and bust cycles and perpetual inflation. We do not have a free market.
MillionthUsername 3 years ago
thats exactly the problem, capitalism hasn't had the chance to work. Gov internention by the fed has created bubbles for the last 35 years.
visionvictory 3 years ago
IMHO, their is growing evidence by the day that says Paul, while I like his politics, and his advisor buddy Peter Schiff are wrong in their inflationary forecast. The wrinkle is falling oil, gold, silver, corn, wheat and a rallying dollar ... AKA deflation. yes, the economy will tank, but so will prices in a spiraling deflationary crash. There will be no safe haven in this crash; it will wipe out most asset classes.
grimesgw 3 years ago
I think that's some sort of textbook model. The Fed is a money machine and will pump it out at high volume as long as there is electricity. Bernanke will drop Fed notes from his helicopter. The National Guard will pave the streets with dollar bills. Dollars will be served for breakfast by law at every restaurant. And Wal-Mart will sell out of wheelbarrows.
MillionthUsername 3 years ago
You've got a good head on your shoulders.
Rationalific 3 years ago
no bone head you are, you are promoting the bombing of iran while hiding behind a ron paul sticker of freedom.
you are truly a pitiful moron, you're basically a neo con war monger but use a ron paul sticker for hits. you have nothing i want to hear, i have heard enough, maybe if we're luck one of those bombs will fall on your house and shut you up.
silverrain12345 3 years ago
They are his 'personal beliefs' about 'investing' and granted, I think he's wrong about a number of things...well almost all of it but the bottom line is, what will be the judge of whether he's right or wrong, will be his 'check book balance' so to speak, 5,10, 20 years from now. HIstory says betting against the US economy is a suckers bet but hey, who knows. But I'm really interested in how I can buy the Dow Jones for 13 ounces of gold. I didn't quite get that.
satexadmin 3 years ago
You correctly called the wild gyrations of the stock market. Dow down today 345 points! I know some prices, e.g. oil have improved, but I still think we're in trouble. I Lost 30%on stocks in two days! I am searching hard to find a rising stock to get some $ back. Then I'm out and buying guns, ammo, and food, and a six month's supply of medications. I don't think my DR. or insurance will let me get more. I am selling all the extra stuff I have to raise some money to stock up.
plalelal 3 years ago
shocking how you have a ron paul sticker and have absolutely no idea what he stands for or his beliefs.
it is people like you that are promoting ww 3
to drive oil up but you are simply too stupid to realize that the money will be of absolutely no good to you whatsoever.
people like you ARE the problem and always have been, stuff your bombs, stuff you!
silverrain12345 3 years ago
Ron Paul is anti war, are you an idiot?
visionvictory 3 years ago
Iran does NOT want to wipe someone off the face of the planet - they want the western powers to LEAVE THEM ALONE. Look at Pakistan - when Israel was going to move on them, Pakistan showed them the nukes and Israel suddenly left them alone. You fuckers who think we should bomb the world - YOU are the ones who need to be carted off to the camps. It is all about fear and control - and the US, UK, and Israel ALWAYS provoke others into war.
rarelibra 3 years ago
You should get a BLOG and post all of your videos in the blog. Something like wordpress. Or use Joomla to set up a website. Your information is very convincing and you speak honestly.
I just wish that all this was put under one , easy to navigate site and in orderly, timely fashion.
Thanks
zegeeaudio 3 years ago
I am getting some major cash in from a business deal soon, should I invest ALL my liquid assets to gold bullion and keep it physically in safe keeping, keep a little in Fiat currency or send my assets to an overseas account. Just a hypothetical question. I have a feeling financial advisors will tell me stocks and mutual funds are fine even though i have seen otherwise. I want the truth. I dont really trust american banks right now. Any sugestions would be great.
DarcSeth237 3 years ago
Call the Euro Pacific Capital office in Newport Beach. Ask to speak to eric, tell him danny and juliet sent you.
visionvictory 3 years ago
Do not invest in gold or silver or any other commodity or stock. Now is not the time to try to realize huge gains; you must get your assets safe. Buy short-term treasury bonds and bills, accept the small gains and watch the dollar rally. Commodities, including metals and oil, will fall in a deflationary crash. Trying to make huge plays in this market will slap you in the face. Don't try to get rich; protect what you have.
grimesgw 3 years ago
I personally believe that there is a 99% chance of a dollar collapse within 2 years and 50% chance in the next 5 months.
Either way, its gonna be bad and people need to know.
Thanks so much for keeping us informed VV! I also enjoy a lot of the comments from others who are very informed.
sabercool 3 years ago
"1. Prepare, detach yourself from the system as best you can. Or at least be ready to be independent of any system for at least a year."
Could you be more specific on this point. When you say any system, do you mean only the
government like welfare and such or even the local gas station? What are the majors you include in this? Utility companies? All banks? Any form of entertainment? The internet? Hospitals? You do state "any" system so I should take it as everything.
PrepNow 3 years ago
Everything you mentioned, but especially food.
visionvictory 3 years ago
Vision,
How was the movie?
Did they have Peter Schiff in it or even show a clip of him?
PrepNow 3 years ago
No peter, I have a video review loading right now.
visionvictory 3 years ago
By month end 135 Oil, Dow 10,950 and EUR/USD 151. based on some technical analysis
superfoodlab 3 years ago
Vision,
I listen to Patriot Radio and today they
played what Cramer said on CNBC... he was
defending the little guy and how corrupt
the stock market is. I have to listen to
this again because I couldn't believe my ears.
You can hear it on part two. You tube Patriot Radio Newshour - Check out Aug 21
part 2.
Just had to share this.
PrepNow 3 years ago
Great video's I agree with all of the information that u have commented on. My only question is when, do you think all this will happen? Recently just read an interview, where Jim Rogers said this will happen. But given a time frame, he said it would be decades before economic calamity. Again thank you for all the info, just trying to prepare on my end.
AceTermite1 3 years ago
The pacts have been made, the deals done. Now, we wait. Commodities go higher now as the Fed can no longer hold down the hatch. Reality sets in.
TG,
I lean toward the opinion of deflation now, the writing becomes clearer. For awhile,, I still believe we seen both deflationary and inflationary pressures. But, deflation more "disguised".
taznruby 3 years ago
I have just returned from the marketwatch blogs. A interesting group, if you like hearing about McCain, O'bama, O'bama, McCain. Fools.
I spread the word there brethren, and there are a few who know of things, only a few. The plight of Fannie and Freddie draws to an end. Good. Finally, some reality. But Alas, the wizard will "appear" Friday (isn't that the magic day??), wave his wand and the institutions will be nationalized, so much for reality....
taznruby 3 years ago
obama=warm bucket of spit...Mccain=cold corpse..gee what wonderful choices we have....
centervilletn 3 years ago 3
☆☆☆☆☆
☆☆☆☆☆
☆☆☆☆☆
I'm ready for some more doom and gloom VV ;)
BendoverBernanke 3 years ago
watch?v=oQEc3ejHIaM
This may be for your family in the future.
BendoverBernanke 3 years ago
hi i found this on the internet is this correct? Our markets are affected by paper silver futures contracts, and very few people ever attempt to take delivery of that silver; they buy it on leverage, for the investment returns, not for real silver. So, some people can sell 'silver promises' to excess, and never deliver, and if they sell more 'paper silver' than exists, that can manipulate the price."
ggbattams 3 years ago 2
first i heard about that ggb was from a speech by a ausie professor ...called "party games" i think his name Fekeke...you can search "party games, collapse of dollar"..you should get the speech..it was on youtube too...i cant remember the title..
centervilletn 3 years ago
CFTC documents show Vitol was one of the most active traders of oil on NYMEX as prices reached record levels. By June 6, for instance, Vitol had acquired a huge holding in oil contracts, betting prices would rise. The contracts were equal to 57.7 million barrels of oil, about three times the amount the United States consumes daily. That day, the price of oil spiked $11 to settle at $138. Oil prices eventually peaked at $147 a barrel on July 11 before falling to settle at $114.98 yesterday.
TGSIII 3 years ago
The CFTC, which learned about the nature of Vitol's activities only after making an unusual request for data from the firm, now reports that financial firms speculating for their clients or for themselves account for about 81 percent of the oil contracts on NYMEX, a far bigger share than had previously been stated by the agency.
TGSIII 3 years ago
"It is now evident that speculators in the energy futures markets play a much larger role than previously thought, and it is now even harder to accept the agency's laughable assertion that excessive speculation has not contributed to rising energy prices," said Rep. John D. Dingell (D-Mich.). He added that it was "difficult to comprehend how the CFTC would allow a trader" to acquire such a large oil inventory "and not scrutinize this position any sooner."
TGSIII 3 years ago
Warren Buffet, said it has a lot more to do with supply and demand then speculators.
Ronsanidiot 3 years ago
Fox News just said it accounted for 11% of the oil contracts. I'm not doubting your research, i know you a man of integrity. But I just want to double check, are you sure your read 81%? thx
Ronsanidiot 3 years ago
Fox News is correct, so is the Washington Post when they say, "that financial firms speculating for their clients or for themselves account for about 81 percent of the oil contracts on NYMEX"
A Few Speculators Dominate Vast Market for Oil Trading
By David Cho
Washington Post Staff Writer
Thursday, August 21, 2008; Page A01
TGSIII 3 years ago
financials have been speculating in oil to cover their lack of capital and losses. so basically they are screwing us twice...nice of em
centervilletn 3 years ago
Right on....
taznruby 3 years ago
Looking forward to your next video also. I'm on the sidelines watching whats happening with FRE and FNM and its stunning. If you can please mention financials in your next vid. Thanks for your insight.
SlyJunt 3 years ago
Hey VV, looking forward to the next video tomorrow.
purenirvana 3 years ago
thx
visionvictory 3 years ago
Mass residents who heat their homes with natural gas or oil could end up paying nearly $1B more this year than they did in 07, about a 30% increase, according to a Univ. of Mass. report set to be released today.
"It's a tremendous amount of money out of people's pockets," said Robin Sherman, the report's lead author. "People can cut back on to some extent if it gets too expensive, but there's obviously a floor beyond which they can't go to keep themselves in their homes without freezing."
coultrane 3 years ago
I hope I.O.U.S.A shows up online soon, its not showing in my area and i really want to see it and show it to my friends.
sbmillionair 3 years ago
Oil went up $5 dollars today, dollar is back down, gold went up $20.
SilverWealth23 3 years ago
(continued) in my opinion most people need to get a brain, get an education so that you dont get screwd by the smart people
edgarproductions 3 years ago
edgarproduction- Again, Warren Buffet, Jim Rogers, Paul Volcker, Peter Schiff, and Ron Pual.
Those are who your up against. You have sided with Cramer, Bernake, and Bush. Good luck.
BobBrinkerisanIdiot 3 years ago
guys be easy on edgarproductions, check out his channel, he's probably in the 7th grade. Take it easy, he's just a kid.
unreallogic 3 years ago
7th... ya think? I was thinking maybe 8th, but after looking at the insults again... yeah, 7th.
KMSbear 3 years ago
"BobBrinkerisanIdiot: The purchasing power in your savings is being stolen and you don't even know it. "
:) please dont worry about my finances 'cause i'm not worried about them. Im well diversified so if either the dollar, euro, gold or silver goes down i will still be able to play video games all i want while you complain cause you didnt read the terms and conditions on the mortgage you got a few years ago...
edgarproductions 3 years ago
mortgage is paid off. Good luck with your deworsified portfolio.
BobBrinkerisanIdiot 3 years ago
this is where i roll my eyes...
Peak oil, dollar crumbling, the world will end soon, get your guns and stock your basement with food. lol
There's a serious economic problem we face today but it'll be ok. the US will just take over a few countries in the world that will pay us back in oil and food.stop worrying about the dollar.
VisionVictory:you should add dramatic music to your videos and maybe you should wear a V-Vedentta mask and add like a ticker on the bottom so people can see oil prices
edgarproductions 3 years ago
edgar...cybertrader69...trollboy. Are you drunk as a skunk. All the world has to do to stop us if we go crazy militarily is to stop funding us. Then boom an economic implosion never seen before. Keep sippin Jack we'll keep laughing.
bdc03 3 years ago
look whos talking...i just saw your video where you try to explain why govt numbers are phoney lol ... bdc03 "um yeah i heard in a radio show that the goverment numbers are phoney umm ahhh uhhh..they're tweaking something so uhmm ahh they're phoney"
out of all the doom and gloom clowns you have to be the worst i've seen
edgarproductions 3 years ago
Edgarproduction- Google the Boskin commision, it's no secret that the gov numbers were changed and are flawed.
BobBrinkerisanIdiot 3 years ago
Now it comes out, the little child inside couldn't help but suggest we just take over a few countries to solve our problems.
The purchasing power in your savings is being stolen and you don't even know it.
BobBrinkerisanIdiot 3 years ago
In 1929 a fellow by the name of Ludwig Von Mises predicted the 1929 crash and subsequent depression. Today, Nouriel Roubini, Dr. Chris Martenson, Richard C. Cook, Paul Craig Roberts, Ron Paul, Jim Rogers, George Soros, and many many more are predicting a severe recession/depression/collapse. These aren't survivalists I've mentioned, they are people you may want to investigate if you want to appear to be anything but a fool.
mr1fed 3 years ago
Mr1fed, I've been reading Dr. Chris Martenson site. Thanks so much for the info!
He explains things so well and encompasses much material. Easy to understand charts... I had many omg moments watching his crash course.
Really appreciate it!
KMSbear 3 years ago
You're welcome:)
mr1fed 3 years ago
Don't forget Robert Kiyosaki and David Tice.
BobBrinkerisanIdiot 3 years ago
"it'll be ok" yeah ok edgar, like i'm going to believe you without charts etc. etc.
sbmillionair 3 years ago
If you look at the big picture, people like edgar are fighting the inevitable. Thats why I like the movie IOUSA, it exposes that the long term picture is just as bleak as the short term. This is going to happen, regardless of all the hope.
Sorry to be such a doom and gloomer, but it is what it is.
visionvictory 3 years ago
When is your next video btw?
myis300turbo 3 years ago
Tomorrow
visionvictory 3 years ago
Once people realize this, the question really isn't if, but what do I do now.
1. Prepare, detach yourself from the system as best you can. Or at least be ready to be independent of any system for at least a year.
2. Warn others and get educated, stay up to date.
3. Store your wealth in hard assets and keep extra money outside the U.S.
4. Live your life, don't be consumed by the inevitable, were all going to die to, but we can't prepare for our funeral everyday.
5. Help your Community
visionvictory 3 years ago
last part... We don't want to talk about it too much. Why? It's overwhelming. Most people aren't prepared, some people know they should be more prepared... so we don't want to hear about it all the time. The lies calm most people's fears.
PrepNow 3 years ago
last part
PrepNow 3 years ago
part 2
The people who feed us the good news about the economy are mostly afraid of losing their jobs and/or elections. Part of their job is also to calm our fears. It's sort of like talking about the earthquake; living here in CA we know there will be another one. We don't want to talk/or be reminded of it ALL the time.
PrepNow 3 years ago
Another great comment from the housing blog:
Despite the positive pep talk from most media outlets and the government, REAL people know we're on the verge of an economic collapse.
PrepNow 3 years ago
The price of the debt issued by Fannie and Freddie has surged relative to U.S. Treasuries in the past two days, however, on the view that Congressional backing for a bailout mandated in July this year will secure repayment.
Investors are closely watching the performance of the companies' debt, given that the two GSEs will need to roll over $225 billion of debt by the end of September, according to Barclays Capital.
Looks like Paulson is going to have to use the bazooka.
coultrane 3 years ago
@edgarproductions:
Vision isn't out to scare people. He is out to help people. You are free to leave the blog and not listen. Get your own blog and focus on reassuring people or something if this is how you feel.
PrepNow 3 years ago
contined...
A friend of mine is a Mexican (legal) waiter.
Has saved all his life. I asked him what he thought of the housing and economy (3 years ago) and he said it will end very, very bad. I asked him what med him think that. He simply said, "Well, if wages will increase with the same speed as housing prices, okay. But if not, it will one day have to come down
to what people are making." My guess is the guy makes less than $50K a year. Well, this
simple guy had it figured out.
PrepNow 3 years ago
"the US economy is way too big and too complex for smaller fish like you (economics 101) to comprehend."
I hear the bubbleheads on TV talk about the housing market and they say all the time:
"No one saw this coming. No one could have predicted this." Well, the simplest people did. I remember reading a comment on the housing blog long ago when AHHNold Schwart... said "nobody see this coming..." a woman commented (she was a nurse or teacher and she replied: "I did and I'm no one special."
PrepNow 3 years ago 2
VV Saw last night you stated that your going to see a movie called I.O.U.S.A today, never heard of it tell last night. Well I watched the trailer and I come to find out its playing at a theater by me. I got tickets for tonight, so thanks for the info about this movie. Im pretty excited to see it.
myis300turbo 3 years ago
and since you like economics 101 so much....my statemens just like yours are 'normative' and not 'positive' and maybe even downright false...
edgarproductions 3 years ago
edgarproductions- can you please get back to your video games, your in way over your head.
Do you even know who paul volcker is?
BobBrinkerisanIdiot 3 years ago
the US economy is way too big and too complex for smaller fish like you (economics 101) to comprehend.
edgarproductions 3 years ago
Paul Volcker(former federal reserve chairman) states that we will have a dollar collapse before 2010.
Other BIG FISH, Jim Rogers, Ron Paul, and Peter Schiff.
Or how bout this name, Warren Buffet stated last month that the U.S. is headed for a deep inflationary recession that will last a long time.
visionvictory 3 years ago
edgarproductions-Just because you don't understand it, doesn't mean none of us can't. I happen to have a lot of experience when it comes to investments. I'm on the front lines and can see what's happening in the RE market. I speak to brokers on Wall Street and around the country all the time.
I understand your frustration that a weak economy could mean less video games, but you'll be okay.
BobBrinkerisanIdiot 3 years ago
visionvictory: you sound like you're trying to convince everybody and to believe you that the world is crumbling...you also said you got in when oil was at $30 yet i hear a lot of insecurity when you talk, people that usually know what they're talking about they dont have to convince anybody of anything (preachers?)...you're nothing short of those people that stand next on the street with signs that read "soon the world is coming to an end"...the US economy is way too big and too complex for...
edgarproductions 3 years ago
I know my video wasn't in video game format, but I did show my YTD statement.
visionvictory 3 years ago
edgarproductions,
Dude, listen to what you are saying. Basically, you are differing to who, cnbc, cnnfn, forbes, greenspan, bernanke, paulson, bush, cheney, or the rest these CROOKS, MURDERERS, AND PSYCHOPATHS.
You need to read a little history, pal. Start with say, the conference of Berlin. What about wwI. Was that war really necessary? Who fought it, and who gained. Your naivete astounds me. If you deny reality, you will pay the price.
coultrane 3 years ago
Vision and Others:
Just listened to an interesting interview on HoweStreet(.)com on "What's Really Moving Gold?" The guy also said the next bank failure is one of the big banks and that it will freak out most American's.
Can you give your opinion or which bank you think it is or don't you want to do that?
Is WAMU considered a big bank?
PrepNow 3 years ago
Wamu has a lot of toxic debt and will probably be the first big bank to go. I think Bank of America has a long ways to go, but is doomed in the long run. BofA is huge on credit cards and 2nd mortgages. The CFC deal will also start to bleed into them. Remember the CFC deal only worked if the mortgage market didn't get worse.
visionvictory 3 years ago
Wamu is advertising all over the internet with 3.75% savings rates. So is WB and many others. Offering higher savings returns than the rest of the industry is foreboding to say the least. Indy mac offered 4.45% on a 12 month cd and 4% on savings prior to their fdic tgif party. Of course, people are still getting hammered by inflation...
coultrane 3 years ago
QUESTIONER: If we don't reenact the draft, I don't think we'll have anyone to chase Bin Laden to the gates of hell. [Appaluse] MCCAIN: Ma'am, let me say that I don't disagree with anything you said.
While living in Boston I volunteered at a couple of homeless shelters and had MANY interactions with War vets. In fact, I regularly fed a guy who was sprayed with agent orange while stationed in Vietnam. He had multiple sclerosis so bad he could barely use his wheelchair.
coultrane 3 years ago
Man, when I see this war shit it makes me want to puke. Support our troops my ASS. And for that matter the innocent civilians who are crushed in the meat grinder of random, vicious killing. For what? After the oil crisis in the early 70's we had a chance to do something really dynamic. Instead the country followed sock puppets led by crooks. Look at where we are now.
coultrane 3 years ago
NEW YORK (Reuters) - A buying spree in the popular American Eagle bullion coins appears to have depleted inventory of major North American coin dealers, contributing to supply fears and sharply higher gold prices on Thursday.
"Nobody has the Eagles or the Buffalos right now. We bought 2,000 ounces late last week, and those were the last 2,000 ounces that we can find in the marketplace," said David Beahm, vice president of New Orleans-based Blancard.
coultrane 3 years ago
According to a Thursday report by the Wall Street Journal, the U.S. Mint told dealers it was temporarily suspending all sales of the American Eagle coins due to depleted inventory and unprecedented demand.
Michael White, a spokesman of the U.S. Mint, did not return calls for comment.
On Sat. I am going on a big food shopping trip. I think it is going to be a long hard winter. By the way, I am a very fit, healthy, happy guy who has a great girl and 7 yr. old boy. I am worried, though..
coultrane 3 years ago
Hope you find lots of sales!! :)
Cheese is horribly high priced. I try to find alfredo sauce, it even comes in dry packets. Velveta used to be a lot higher than fresh cheddar, now it's about the same. American cheese slices you can find cheap too. Minced onions are great, esp if fresh onions become hard to find. I have chives growing outside, will prob bring in for winter.
KMSbear 3 years ago
Marketwatch -
The U.S. is no longer the largest importer of goods from Japan — for the first time ever, this spot is now occupied by China.
mr1fed 3 years ago
After the movie IOUSA there is suppose be a live satellite feed discussion with the makers of the film and warren buffet.
dbztiki 3 years ago
Does anyone know the answer to this: The other day, on one of the networks (I think it was on Cavuto) a guy said that in the 70's (might have the wrong year) there were 1,500 bank failures. So far we've on ly had 9 and that even if we have hundreds, it's nothing!?!
When they say 1,500... do they mean 1,500 individual banks and financial institutions or
do they count every branch, like let's say a big bank like B of A goes under and they have
700 branches. Just curious.
PrepNow 3 years ago
I'm not up to date on numbers of bank failures in the 70s 80s or 90s but I do know that when many of these banks fail, they are swallowed up by bigger banks. The end result of banks swallowing up banks is that the banks that are left standing are bigger and bigger and bigger. Therefore, it's not the number of bank failures that matter it's the size of the banks that are failing.
mr1fed 3 years ago
It was 1500 banks in the Late 80's that went under, most were small branches. Like mr1fed has said, it is not how many fail but how large they are.
BendoverBernanke 3 years ago
Does TGSIII's smile theory apply to oil? It's starting to look like it;)
mr1fed 3 years ago
Households worried about the high cost of keeping warm this winter will draw little comfort from the Farmers' Almanac, which predicts below-average temperatures for most of the U.S.
"Numb's the word," says the 192-year-old publication, which claims an accuracy rate of 80 to 85 percent for its forecasts that are prepared two years in advance.
Be prepared, folks.
coultrane 3 years ago
FBN was talking about how lowes and home depot have been selling a lot of fire wood. People are anticipating a cold winter and things being financially tight.
visionvictory 3 years ago
There's another prep tip... buy sweats!
No more running around barefoot in shorts with he heat cranked to 74...
KMSbear 3 years ago
Yeah
jonpaulvd 3 years ago
Just got a city property taxes appraisal proposal in yesterday. I was shocked to see they appraised down 20% from last year. OUCH. But the interesting thing is, my property taxes is about the same as last year. This is the starting of what I was worried about, they will tax you to death if you own your house ... soon you have no money to pay property taxes and lose your home to the city ... city will auction it out for cheap to bankers and the riches.
Kelvin701Lakeland 3 years ago
'If there's a second-half recovery, it'll be the second half of 2009.'
— Ken Goldstein,
Conference Board
Quote at the top of marketwatch today.
bdc03 3 years ago
Could yesterday have been the top for the dollar?
bdc03 3 years ago
I.O.U.S.A.
So now we have the pay $10 to hear how bad a shape we are in?
There are people living this right now. It is real to them. People losing jobs all over the place. While the rich keep getting richer.
This movie is not going to wake anyone up. It's just going to make those that aren't starving yet, question their reality even more. It sucks!
KMSbear 3 years ago
VV, I respect you and like your videos, but not interacting here as much, because prev vids, saw more input from many different perspectives. Now, it all seems about money and investing. There is so much else going on people! We are losing our humanity, our ethics and love for each other.
KMSbear 3 years ago
Our focus is being directed to whatever they want it to be. The election, the olympics, the economy, the wars, the aliens...
People used to care. Old movies had morals in them. We have gone from working to be better humans, to being better at spending, eating, watching TV/movies... when is the last time we've told the Earth thank you?
KMSbear 3 years ago
Not losing, America has already lost it. Americans have become obsessed with hyper-materialism. They can't even think without a remote control or a credit card in their hand.
I can't wait for these distractions to crumble, imagine having a real conversation at a family gathering.
visionvictory 3 years ago
LOL, couldn't have said it better... remote and credit card...
Yes... get togethers of everyone conversing, cooking, cleaning up, playing horse shoes or cards... used to be the norm. Now, it's "you mean we have to go outside?" And can't move face from TV too long... might miss something! LOL
KMSbear 3 years ago
the first thing I do at any family gathering is go to the back yard and pull out the patio chairs. if they happen to have a fire pit, i light it up.
I'm sick of everyone going into the living room to watch the football or basket ball game. I refuse to sit around and talk about some distant stars life and stats.
visionvictory 3 years ago
I, like you, head outside and a few follow sometimes, and sometimes it's just me.
Don't mind those that watch sports and enjoy memorizing everyone's history and stats, but at family get together... get together! LOL
KMSbear 3 years ago
Actually, at my sis's last weekend. Family just got together for heck of it. We were all on the deck, with a few on patio below, and my brother playing his native american flute, and kids doing gymnastics in the yard... Got to see pics of my sis's trip to Germany. Then... two of the boys played vid games, and my other sis asking to know when Phelps was swimming so she could run in, lol.
KMSbear 3 years ago
Its so funny how people give you that look when you ask them if they want to go outside lol
My family gets together probably 2 to 3 times a year, they can watch sports another time.
visionvictory 3 years ago
That look... lol, you could probably yell fire and still no acknowledgement, or you get that finger sticking up, which means wait till a commercial... lol.
KMSbear 3 years ago
Finally someone who understands the true pitfall of American culture, materialism and consumption. You are right, and once the crash does happen people will have no choice but to wake up to how selfish they've been.
andrewh817 3 years ago 3
andrew817, another fucking person who wants this to happen and believes we deserve to suffer. I hope the masses you so despise break into your house and take your shit because you, my friend, deserve it.
shootthemessenger33 3 years ago
1) you do kind of deserve to suffer, if the american public wasn't so easily manipulated then they wouldn't be manipulated so easily.
2) This person is trying to alert you to an unavoidable event that will hurt you and you're family... basically, he's trying to help you. So why the hostility?
critiqueofpuremadnes 3 years ago 7
i know ! Lets just get out there and shoot all the messengers. Better yet lets burn them for causing the disaster
alpertdon 3 years ago 3
Why the hostility? How much do you know about the causes of the economic situation we're in? Have you considered that maybe the reason why we find ourselves in such a terrible situation is because we have made bad decisions one after the other, both in the private sector and the public sector?
If you are frustrated or scared I understand. But try to calm down and really consider what is going on, why all this happened, and what we can do to better it.
chuska8383 2 years ago
I agree with you... Some regular posters are now talking about I am shorting this today, I cover the short today, I am long on this today.. etc. It's become an investing chat board. It's a turn off.
Kelvin701Lakeland 3 years ago
Don't get me wrong. I enjoy everyone's comments, and have learned a ton from the very intelligent here. Enjoy TGS, Coultrane, Center, and so many more.
Just miss the "down home" feel it had awhile back. The variety, and the sharing. Some harsh energies are out there today and have been the last few days. Things will be escalating.
KMSbear 3 years ago
I hope this blog is big enough for everyone.
thx for the comments
visionvictory 3 years ago
More than likely the people going to see this movie, are already aware. They are people like you and I who are preparing for this break down in the american life style.
But at the same time, I'm using this movie to wake up as many as possible.
visionvictory 3 years ago
Yes, I understand. Your intentions are true and good.
It's just bothered me lately, and hitting me very hard, that I know many out there are hurting real bad and hungry. There are people laid off by thousands, while the CEO's (which could pay many salaries) are still high on the hog.
KMSbear 3 years ago
The one that bothers me is all the bonouses paid out to the bear sterns people just before the gov bailed them out.
visionvictory 3 years ago
Didn't know about that.
There has been some really bad decisions, calls, and direction by all areas. Even myself, have had confusion in decisions to plan for future that used to come easy. As you had.. the red pill... There are ways to battle the mind fog. Someday if I get my Canon or Fuji working again, will do a vid.
KMSbear 3 years ago
someone posted the following link yesterday - the most informative article I've read on gold price manipulation .. worth the read .. (ignore the spaces)
seekingalpha (dot) com/article/91357-the-disconnect-between-supply -and-demand-in-gold-silver-markets?source=front_page_most_popular_articles
florgat91 3 years ago
Could it be the reality is trumping the magic show. We'll see, lets see if this even last half a day.
Market Watch:
U.S. stock futures indicate a weaker start on tap for Thursday as nervousness creeps back into the market following a one-day reprieve. Oil prices up over $2, and dollar gets clobbered.
visionvictory 3 years ago
I'm in Melbourne Australia - my favourite steak is Rib Eye - oh yeah...what are the steaks at Chris Steak house like?
dojufitz 3 years ago
check out their website, or google them. Ruths Chris Steak House is top of the line.
visionvictory 3 years ago
WEDNESDAY, Aug. 20 (HealthDay News) -- Working-age Americans are facing mounting problems when it comes to affording health care, a result of what analysts are calling a "perfect storm" of economic woes.
In 2007, 41 percent of working-age Americans -- 72 million people -- reported having medical bill problems or trouble paying off medical debts, up from 34 percent in 2005.
coultrane 3 years ago
Are FRE and FNM about to fail? It seems to be getting down to the wire...financials downgrading each other...Anyone curious as to what will happen with them the nex few days? I have no stake in either, I didn't want to play with fire this time around.
SlyJunt 3 years ago
They are too big to bail out, so yes they will fail.
visionvictory 3 years ago
What will (or should) happen to the stock market then? Also, if they just fail, who will lose the most? Foreign Investors?
The tax payers will only lose if they try to fail them out, right?
PrepNow 3 years ago
VisionVictory- I would love to meet you, I know your busy, whats your favorite place that I can take you?
BobBrinkerisanIdiot 3 years ago
LOL- you tell me what S. California Ruth's Chris Steak house to meet you at, and I'll be there. Just make the reservation :)
Friday or Saturday nights are best.
visionvictory 3 years ago
Greetings to all my fellow Californians.
I will be at the AMC Ontario, in the Ontario mills mall to see the new movie, I.O.U.S.A.
If you plan on being there, I would love to say hello. I will be in front of the AMC around 6:45-7 waiting for family and friends.
visionvictory 3 years ago
Thats tomorrow, thursday the 21st.
Hope to see you there and look forward to meeting some of you.
visionvictory 3 years ago
Vision, I'll be seing it in CT. There's supposed to be a discussion after the movie with a panel of experts via satellite from Colorado. I would love to have you put out a bulletin the next day with some of your thoughts on what will be in the movie and what will be said after the movie.
elpilotoazul 3 years ago
elpilotoazul- will mention it in tomorrows video.
visionvictory 3 years ago
Vision,
I live in LA and today I work till 7PM. Just wanted to let to know I would really have liked to meet you in person. I plan to see
the movie next week. Enjo it with you family and friends. Look forward to your next video.
Is there anyone on this site which is from the
LA area... close to San Fernando Valley?
PrepNow 3 years ago