I predicted in 2005 when gold was $400/oz that on Dec 31, 2009 it would be over $1000/oz and in the next decade over $2000. I Stand by the prediction. The dollar is toast and people should get out.
Daniel, check out "thebobchapmanchannel" latest videos. He says he's got inside information on a new dollar in the making by the federal reserve. Planned hyperinflation....1new dollar(with total new look) worth 3 of the current dollars. Please check it out. I believe it.
The icing on the cake is that our monetary system is credit-based fractional reserve that requires ever expanding amounts of debt to function to properly, and now it must deal with a DECLINE in real consumer spending and debt all thanks to the peak spending wave.
If you ask me, it's almost as if someone was this many years out and planned to pull the plug because with this fact alone there is no way the debt system can continue to function.
Math doesn't lie. The largest number of people born in the US was in 1961. There was a sharp drop-off just after that. People don't reach their peak spending till about 48 years old. This means the largest generation of peak spenders just went by in 2009.
Now the economy is about 70% consumer driven. For 10 years Greenspan and Bernanke held rates artificially low to fuel debt-laden speculation (aka overbuilding), at precisely the SAME time the largest generation of peak spenders came to be.
acually, shit for brains? the burden of proof is on you - you cant make a statement or ask a rhetorical question and demand SOMEONE ELSE to prove it wrong - you have to prove it right (if you werent a fucking idiot you'd already know that though)
so answer your own question before you deman a retort: how does a capitalist society put criminals and war mongers in charge?
@mkdelta69 so fucktard - i know this is hard for you so ill repeat it again and see if it gets through your really fucking thick head of yours:
how does capitalism put criminals and war mongers in charge? thats your clame - and it's your obligation to prove it - not everyone else's obligation to to prove it wrong
you should look up the concept 'burden of proof' on wikipedia sometime - you might not sound like such a fucking retarded piece of shit all time once you understand how it works
i being a late night kat ' i noticed on the way home over the last yr at the certain times i drive on i 495 an rt 3 which will take you to south' shore north shore boston an nh the roads are not mobbed with trucks as normal and the rest area's arenot over flowing into the breakdown lanes on the highway ' barley any trucks at all ' which sparked my attention as everything moves by truck one time or another ' thanks for spot lighting this '
todays monopolies increasingly appear in the shape of giant trading firms like Wal-Mart, which are designed to govern entire production systems, even entire swaths, of our economy. Second, monopoly does not eliminate competition, nor does it automatically result in a rational and efficient governance of the production and service systems under its sway.
On the contrary, monopolization merely shifts competition from a horizontal plane to a vertical plane. That is, rather than having a winner-take-all battle among automobile makers or between Wal-Mart and Target, for example, we have competition between the monopoly and all the people under its power.
In the case of Wal-Mart, this includes its workers and its suppliers as well as its customers. The real competition, in other words, is between the billionaires who make and wield monopolies like Wal-Mart and people like you, me,
I am an intuitive - my sense is 2010 will be a positive year actually. I feel breakthroughs coming for the economy & financial systems. I feel an ebb in war & conflicts. so improvements will come with 2010. I also feel great things for medicine & progress for humanity & compassion for 3rd world countires.
The world will consolidate in the next tten years. BE smart or your your life will be controlled more then ever. Stay out of debt and stop buying crap you cant afford. build up your war chest guns and butter.
This comment has received too many negative votesshow
The Reagan Revolution was the apotheosis of the belief that Merchants are the super-race. Thirty years of letting them call all the shots suggest--as Karl Marx warned--the free enterprise system is inherently self-destructive.
This comment has received too many negative votesshow
Far from being the perfect system, capitalism can't last five minutes without government support, and it has a massively destructive effect on everything it touches. If left to run free, it will pretty much destroy the whole world. Karl Marx was right.
Unfortunately, these facts are known to everyone in the world--except the Obama Administration, who are the last neocons.
In a true captialist society, businesses could never become large enough to screw a society over without the help of government. We have not had a true capitalist society in the United States since after the Civil War.
What we have had since is a monstrosity where corporations accept government regulation in return for favors, primarily monopoly status.
It is collectivism that one must fear, not private business.
The Petro-dollar is at its end. It has been a long journey from 1913 with major milestones after WWII (Bretton Woods) and in 1971.
Sure, Saddam went off dollars in 2002 (and was invaded within 3 months). Once oil started pumping again, it was sold in USD only. Hugo Chavez also went euro..what happened next? Iran went euro..
And bigger picture,there needs to be a Mid-Eastern seat for the world bank.
By the way. If you bothered to read all the comments you would see that I called Obama the last neocon.
You and I agree that Obama and Bush are corrupt. Every senator except Bernie Sanders are wealthy. Which is why it's so easy for them to vote in the interests of their social circle.
It is a throwaway word used to create dissension amongst the subjects (all of us).
Any kind of collectivism is not only anti-productive to the conversation, but provides a distraction while the real villains continue to plot your doom.
This isn't blind conspiracy theories. The money trail is there. We have names.
From McClatchy -- (h/t Crooks & Liars) In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting that a sharp drop in U.S. housing prices would send the value of those securities plummeting.
Goldman's sales and its clandestine wagers, completed at the brink of the housing market meltdown, enabled the nation's premier investment bank to pass most of its potential losses to others before a flood of mortgage defaults staggered the U.S. and global economies.
Government is inherently parasitic and destructive. The problem is that we have not had a free enterprise system for a hundred years now. Bring back capitalism and all economic problems will be solved.
revolution...go look at some thomas jefferson quotes and you will figure out that there is nothing perfect. just a cycle that starts with a great idea, mutates through evil and corruption and then a renewing of morals and ethics just so it can start over again. we are now at the end\start of a cycle
vintagethought: My concern is that we are at the end of our rope, as far as a country. Remember, economies do fail. The USA is not immune to economic collapse, and certainly economic collapse will come when the Constitution is not being followed.
I agree with the cycles, but I wonder if this is less of a cycle but actually an attempt to demolish our country from within.
we are the last free and armed people left on this planet and we must be squashed before this "new world order" or whatever freaky corrupt satanic cult is able to takeover. make your peace with god and remember, there are worse things than death. a new dark age may be upon us in the next decade
"The government is best when it governs least" Thomas Jefferson
People don't know that the Founding Fathers took a dim view of unfettered capitalism. They were not much like the anti-government loonies who cite them constantly today.
In the first century of our existence, anyone proposing to start a corporation was required to show how that corporation would support the common good.
THIS IS WHY YOU GET T-BAGGED. By the NeoConJobs. The rich. The corporate government.
They also knew that the Merchant class have a tendency to game the system in their favor. Jefferson warned:
"Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. I hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country."
I got layed off last december in michigan. I the system crashed several times. It took hours of calling just to make yout weekly calls. They figured it out though. Umemployment hired 300 people. They moved most of thier traffic to the marvin online page, and added more phone lines, If you guy want a job, start working the the umemployment insurance field.
I know we can't all go out and buy $10,000.00 in gold and silver as a hedge to protect ourselves from the impending collapse of the dollar but there are things we can do now. First, STOP buying stuff...especially on credit. Get out of debt ASAP. It's the first thing we should do. Then slowiy start stocking up on some non perishables. If possible, buy some Silver. Silver is actually a little bit better than Gold in a few ways. God bless you all.
Well, I'm no expert or economist, but I'm not stupid either. Everything you pointed out is happening. And what's scary is when the MSM "kinda" mentions stuff like this.
Speaking of crime from your last vid...I live in a slow, retirement county (for the most part) in Ohio. My sister in law got broken into on Christmas day. Lost a bunch of stuff. My wife's friend woke up to his door being kicked in at 6 AM. He racked his .45 and heard, "OH Damn!" When he got to the door, they were gone.
Thanks for the vids and the truth. Your predictions were a little off I believe because of the "shadow" inflation we are seeing. The market is inflating as a six month predictor of dollar value IMO. Crime has not skyrocketed because inflations cruelest truism is it hurts the poorest most and last. It will come.
1) With most of the stimulus money due to kick in in 2010 and with businesses turning profits through cost cutting, we will see modest job growth throughout 2010 creating the illusion of recovery.
2) By June, Dow 12K -13K, 10yr note 4.5%
3) As the prime option arm defaults accelerate and the bond market forces mortgage rates higher, home prices and construction decline sharply in the 2nd half of the year, setting the stage for the next round of bailouts and economic contraction in 2011.
The other side of the coin is coming to town -let the bad mortgage debt burn. Do not buy it. Let it all crash. The pain will be greater but shorter. Right now with this Presidency trying to please everybody and not face consequences of 8 years of banking profligacy we are going nowhere except deeper in recession.
fannie freddie unlimited treasury support... these idiots are going to buy every mortgage in town ... then bring in a new currency backed by real estate ... plain and simple guys ... it's been done before... those who do not study history are doomed to repeat it .. poking badgers with parsnips....
u are so right on Dan..... keep on keepin on! We are not going back to the old "normal"... most of us want to , but we CANT !! Real adjustment in our standard of living is upon us! Those who farm will eat. those who cant will starve.
gold idea. firstly I see printing and stimulating going forward. for the too big to fails to .... fail. that would be six months of pain, then true recovery. So many lies and then what are we betting on. Sitting on our physical gold while society turns into a Mad Max scenario. Don't know.... We nee to research alternatives and develop our thinking here. In the meantime .... great site .... thanks
Have you seen the news story about the state of Georgia working on a bill now that would make it possible for banks to accept gold and silver coins for payment of debt and for deposit?
I think some states are 'getting ready' to set themselves apart from the Fed's mandates and take care of their own.
Like this channel..but you can find all the info vv mentions on shawdow stats..I do agree with this video..I also think vv gets a boner for a economic collapse..For all of you hoping for a total collapse..Gold and silver will not save you
Obama is paralyzed in afghan, creating jobs, being transparent, did I mention creating jobs, being advised by self intrust groups, chicago thugerism, did i also mention he CAN'T LEAD, etc.
Your boy loves and lives in kaos and why did obumer mention a new world currency/order to solve the econ crisis??
VV I justed wanted to comment that you are absolutely correct in your prediction about the coming crime wave. A mega explosion of crime is being delayed and currently avoided because the unemployment checks are still rolling in and welfare checks can still buy food/products at the closest supermarket. That will change however when the hyperinflation begins and the trust for dollar finally drops.
There are too many comments to check if it has already been discussed but have you seen the latest Sprott Asset Mgmt newsletter? Very interesting. The author makes a case that there is nearly $700 billion of purchases of Treasuries that are were not explained. The newsletter declares these purchases another Ponzi scheme.
@falcon02012 Yup! The Great Anticipation will precede the final collapse. And no one (save a few) will suspect that their newfound wealth is really a function of the perceived value of their currency. Disagree on one point. Dow will not break 100K until spring of 2012. From there, it goes straight down to where it should be. Zero.
yep, watched the mainstream media this morning, more garbage,garbage.... I dont give a damn that some guy is trying to get his kid from brazil, and now cbs is going to have a two hour special!!!!! damn damn,damn, guess I just need to listen to npr.
S&P will collapse at 1150, Gold will go sideways. Republicans will win 2010, it will put big brakes on Obama and Co. Natural gas will doable the price
Lindsey Williams said for two years the stock market will keep going up, the dollar keeps going down, Americans will become poorer and poorer...and I forgot what else he said. This is what I think Lindsey said.
Lindsey Williams is an absolute moron story teller listen to his prediction of all out collapse for 09 on alex jones almost everything that he said was a thousand miles from reality he is a cookoo crackpot jesus freak jack ass
By saying that they will default on there Muni bonds. This is sacrosanct because if the muni bonds default, then people will worry about the biggest bonds of them all and that is US treasuries. Also last night I saw the 60 minutes story on the water issue in california, where farmers are having to get rid of fields. In fact one farmer had to destroy an estimated 18 million dollars in Almond trees because he couldn't water them. You are right, 2010 is going to be a nasty year.
I read the article on that trucking company, and that is another canary in the coal mine. That means that this operation (which is large) hasn't been transporting goods and services enough to keep up with expenses, which means people aren't buying alot of stuff and stores aren't buying inventory. Also I've talked about the states financial situation before on other blogs. The states financial situation is worse than whats being told in the media. They will force the govt. to bail them out.
2010.. Its all about smoke and mirrors. Economic stabillty can not hold for much longer.. News has painted that the economy is on the rebound... then boom! Cant say the rest, but you know the blame game is always placed by the elite/illuminati. Religious wars to break out!. Stock market is tied up with CAFR Slush funds from the states,, states go down, so does the stock market -vise versa More Haarp and water wars.. Peace and Love to save the world!
There is a huge chance the dollar will crash, stocks will crash, HUGE, chance in 2010. we are being lied to, the math doesn't add up. pray pray pray people only God can help us now!!!
thanks again! i showed my sis your vid this holiday and she digs your sarcasm. i also hooked her up with a two ounce "year of the tiger" silver coin. you are a true patriot.
I've changed my mind. Sometimes I get optimistic and think they manage a soft landing or a slow slide, but there's simply waaay tooo much that's imploding that they would have to bailout at least in part and in total it is mind bogglingly massive. And then they'll need money for stimulus to keep up the charade. 2010 is going to be the year the dollar crashes or will be devalued. Let's hope for an offical devaluation, cause once it starts to get dumped, everybody dumps...
there is a big need for the channel like yours. A lot of people are underestimating how problematic the situation with the US economy is. I am from Russia we had a type of the collapse in 1991-1992 like Americans are experiencing right now. I made a series of videos about the USSR collapse many americans are founding the analogy very interesting. I will post one of my video as a response.
Thanks V.V., If the U.S. is doing so good why cant we have a Federal Reserve audit? The government just removed the cap on the bail out for Fannie May and Freddie Mac. They weren't sure if 400 billion would be high enough. Send more jobs to China!
Gerald Celente says the commercial real estate bust is underway now, and it will dwarf the residential housing bust because it is more highly leveraged.
Once Uncle Sam stole our real Social Security money, and replaced it with IOU's it's only been a matter of time. How long before the states take control of their Retirement monies ? YRC could be the next major freight company to fail. I know if my spending is any gauge for Xmas I think it is really going to show some bad numbers. Just think how well this country would have been had we still had real cash, and securities in Social Security that we could use for direct investment here.
I like your approach and your attempts to weigh the facts with benefit to the doubt...that adds creditbility. But most of us on here I'd hope would be smart enough to flat out agree with you. The MSM is a joke. Just talk to you neighbors. My buddy was at a poker game in LA recently and 8 of 10 weren't really employed full time. Many people we know either foreclosed or have cut wayway back. And these people are some of the best in the business.
Just a 'street perspective" in order for this money crisis to go well, people are gonna have to depend on people and not corporations, look at the Arrow Trucking thing. people are pissed, but what do they expect from a impersonal org like a corporation? time to take the power back and have your peoples back.
2010 will be a year of states going bankrupt. also i see the dow going up as high as 11,500 then it hits resistance and go down to a major downturn even lower then 2008. unemployment will go very low cuz in the summer of 2010 the major part of the stimulus will be spent. so expect to see u3 9.0 to 8.5. then high again. the dollar will rally. 2010 will be the year of sovereign debt crisis. expect to see riots in europe and eastern europe collapse.
if you look at the treasury yields for 1,3,6 months yields you see they are 0.00 or 0.01. the smart money know that 6 to 8 months from now something big is going to happen. here is what may happen option arm explosion,commercial real estate collapse, then we will see a a wave large regional banks go under, probably wells fargo goes under they are in trouble. this will implode the equity market. we could see greece,spain,italy,portugal, ireland default.
cont. The problem is not the rates, its the values. People lied about income and cant afford a teaser rate let a lone a very good rate. They dont have the money period. This is why so few loan mods are working - even if the rate is lowered to say 2%, people still cant afford it. Thus option Arm, fixed whatever, house will be foreclosed at record numbers. Values will go down 25% in the next two years or more. So dont buy a house for an $8000 credit; it will be gone in equity in a few years
Option Arms - I agree; I would guess the bulk of them took place between 05-06. The payment (minimum) jumps every year and after 3-5 years the rate goes to the fully indexed rate not the teaser rate. Fully index rate equals index plus margin (most index's that were used was the MTA - monthly treasyry average) The only good news is this rate has gone down dramatically (Nov was 0.4808). So in reality even with a high bank margin of say - 4-5% (which was VERY high at the time)
You must be "turned off" by all humans then because we all try to predict the future in our own lives. Every one of us make decisions on what we predict will happen...buy more silver or food or ammo or whatever because we think our predictions will materialize. Does not mean we would gloat if silver goes 1000 just means the predictions we made were correct. I will buy more silver this week because I predict will help preserve some wealth when the dollar collapses but I won't gloat if I'm right.
Enjoyed the video! However I would like to point out that while you point out issues with the way unemployment is computed to support your ideas you don't point out the issues on the other side of the argument . Along with the increase in part time employment that you point out there is also an increase in people getting paid under the table. This lack of hard data skews the unemployment rate in the other direction - I know 3 people getting paid under the table that are counted as unemployed.
I agree with your piont but do you think there is enough people doing that to suport the everyday econimy? it would be intersting to see what percentage of people working are under the table
No I don't think that there are enough people doing that to support the economy but on the other side I don't think there is this huge part time employment number that will bring down the economy.
Good predictions. It's common sense economics, i.e, all this "casino magic" that the fed is trying to pull cannot hold out. Just like the laws of physics, there are basic laws in economics, things just cannot get better.
The states took all this stimulus money and used it for band aids and non-critical purposes, instead of building up their economies. Can you say Latin America and co-conspirators with the economic hit men in DC? I want to know why my state isn't currently looking to take matters in their own hands by seceding from this corrupt government that intends to create tax slaves from us all.Eventually that's what will happen and they knew it. United we stand and divided we fall as they say.
U are spot on on most things especially housing however on the market, why would it go down as much as u predict with all the stimulus thta they will keep pumping into the system. The fed can manipulate the interest rate to keep the market up
Have you rewatched this?
OurTimeIsOut 1 year ago
thompk12,
I would like to respectfully tell you that you are completely wrong.
First off, Iraq was NOT about oil. If my responses on this page were not detailed enough, then please say so.
Secondly, calling a Spade a Spade is not disrespectful..it is truth.
I do know who I am and that has no bearing on the fact that others wish to control us and have us as eager slaves.
Stand for what you believe in or fall for everything.
jcwitness 1 year ago
My prediction
is they will bring out a new dollar which will be
traded for the old one at a range of between
3:1 - 5:1
that's three old for one new. to 5 old for one new.
this will consolidate debts at a much more manageable level. the world will devalue their currencies as well.
The new currency will most likely have some sort of silver or gold backing .
dave777blaster 1 year ago
I predicted in 2005 when gold was $400/oz that on Dec 31, 2009 it would be over $1000/oz and in the next decade over $2000. I Stand by the prediction. The dollar is toast and people should get out.
paxout 2 years ago
what is the other 5%??
11Nosam11 2 years ago
But I thought Glenn Beck was the one telling the truth. Now I'm confused.
annabgood 2 years ago
Daniel, check out "thebobchapmanchannel" latest videos. He says he's got inside information on a new dollar in the making by the federal reserve. Planned hyperinflation....1new dollar(with total new look) worth 3 of the current dollars. Please check it out. I believe it.
jaingxu 2 years ago
Excellent.
Stingray3440 2 years ago
(continued)
The icing on the cake is that our monetary system is credit-based fractional reserve that requires ever expanding amounts of debt to function to properly, and now it must deal with a DECLINE in real consumer spending and debt all thanks to the peak spending wave.
If you ask me, it's almost as if someone was this many years out and planned to pull the plug because with this fact alone there is no way the debt system can continue to function.
Trazom24 2 years ago
Math doesn't lie. The largest number of people born in the US was in 1961. There was a sharp drop-off just after that. People don't reach their peak spending till about 48 years old. This means the largest generation of peak spenders just went by in 2009.
Now the economy is about 70% consumer driven. For 10 years Greenspan and Bernanke held rates artificially low to fuel debt-laden speculation (aka overbuilding), at precisely the SAME time the largest generation of peak spenders came to be.
Trazom24 2 years ago
i saw this on the news today>Bernanke warns about creating new bubbles.Says regulation key to halt speculation that could put economy in new crisis..
hilololomoa 2 years ago
what we need is a big fat gold chinese dick.
hilololomoa 2 years ago
LOL............... good one!
01Rae2U 2 years ago
Again I ask. How can we live in capitalist society and avoid having criminals and war mongers in charge?
Give me specific detailed blueprint.
mkdelta69 2 years ago
acually, shit for brains? the burden of proof is on you - you cant make a statement or ask a rhetorical question and demand SOMEONE ELSE to prove it wrong - you have to prove it right (if you werent a fucking idiot you'd already know that though)
so answer your own question before you deman a retort: how does a capitalist society put criminals and war mongers in charge?
"give me specific detailed blueprint" LOL
scubadiver75 2 years ago
scuba you obviously are suffering from the bends. It's not my statement. It's idiot wingnut neoconjobs like you.
Look. The T-bagged claim that free market capitalism is the answer. But they never define it.
You claim it is the answer so define it.
This isn't rocket science Einstein.
mkdelta69 2 years ago
@mkdelta69 see - this is why you're a fucking idiot - let me explain:
im not a conservative. im a libertarian. nice try though, you fucking moron.
i never said free market capitalism is or is not the answer - i never claimed anything - you fucking moron.
what i said was - when you make a claim - the burden of proof is on you to prove it - not the other way around - you fucking moron
you're right - it isnt rocket science - but to a fucking idiot like you, it might as well be
scubadiver75 2 years ago
I could care less if your a fucking Hindu.
Your a lazy idiot.
Read all the posts Einstein.
mkdelta69 2 years ago
@mkdelta69 lol ok you fucking idiot
dont get mad at me because i called you on your fucking pathetic, uneducated, 3rd grade grandstanding
btw - did you google "burden of proof" yet, you retarded sack of shit?
you feel pretty stupid now dont you? good.
maybe next time you'll use that fucking tiny brain of yours before you start acting like a fucking retard again
scubadiver75 2 years ago
What part of read all the comments don't you understand scuba T-bagged?
mkdelta69 2 years ago
@mkdelta69 He prolly cool, tho
JewishTwister 2 years ago
@mkdelta69 so fucktard - i know this is hard for you so ill repeat it again and see if it gets through your really fucking thick head of yours:
how does capitalism put criminals and war mongers in charge? thats your clame - and it's your obligation to prove it - not everyone else's obligation to to prove it wrong
you should look up the concept 'burden of proof' on wikipedia sometime - you might not sound like such a fucking retarded piece of shit all time once you understand how it works
scubadiver75 2 years ago
check out > Bob Chapman 2035 Banks.
JimboJammer1 2 years ago
You are not Nostradamus. And neither are the pin headed, stock pimps on cable tv.
My prediction: More of the same, only worse!
Happy New Year anyway!
pepeledog 2 years ago
Hey, France just told us our purchasing power has increased by two per cent.! Greetings from France.
slobomotion 2 years ago
glad you brought up the trucking industry '
i being a late night kat ' i noticed on the way home over the last yr at the certain times i drive on i 495 an rt 3 which will take you to south' shore north shore boston an nh the roads are not mobbed with trucks as normal and the rest area's arenot over flowing into the breakdown lanes on the highway ' barley any trucks at all ' which sparked my attention as everything moves by truck one time or another ' thanks for spot lighting this '
craig
CRAIGVY 2 years ago
corporate debt planet earth
shrank from a high of
53.2 tril in 2008
to
52.9 tril in 2009 ..
badger whacking 101
chena3 2 years ago
Don't confuse the clown with facts.
AtlasShruggery 2 years ago
frozen parsnips here, hey hey hey
Purchasing power up two per cent. here in France! Oh joy!!
slobomotion 2 years ago
todays monopolies increasingly appear in the shape of giant trading firms like Wal-Mart, which are designed to govern entire production systems, even entire swaths, of our economy. Second, monopoly does not eliminate competition, nor does it automatically result in a rational and efficient governance of the production and service systems under its sway.
mkdelta69 2 years ago
On the contrary, monopolization merely shifts competition from a horizontal plane to a vertical plane. That is, rather than having a winner-take-all battle among automobile makers or between Wal-Mart and Target, for example, we have competition between the monopoly and all the people under its power.
mkdelta69 2 years ago
In the case of Wal-Mart, this includes its workers and its suppliers as well as its customers. The real competition, in other words, is between the billionaires who make and wield monopolies like Wal-Mart and people like you, me,
mkdelta69 2 years ago
You can run from the fascism by attempting to delete it, But it's still there like a cancer destroying your soul
mkdelta69 2 years ago
the love of money is the root of all evil.
an idle mind is the devil's workshop
the devil is in the details
it takes a village
but not a village of idiots
Igentenos 2 years ago
I am an intuitive - my sense is 2010 will be a positive year actually. I feel breakthroughs coming for the economy & financial systems. I feel an ebb in war & conflicts. so improvements will come with 2010. I also feel great things for medicine & progress for humanity & compassion for 3rd world countires.
harfbuttknuckles 2 years ago
2010
year of the badger....
secure your parsnips people..
chena3 2 years ago
good video
seks03 2 years ago
The world will consolidate in the next tten years. BE smart or your your life will be controlled more then ever. Stay out of debt and stop buying crap you cant afford. build up your war chest guns and butter.
WHEREtheFUNK 2 years ago
thx for the advise
visionvictory 2 years ago
Ive really enjoyed your videos, thank you and happy new year!
curtatlanta 2 years ago 2
thx for the support, happy new year.
visionvictory 2 years ago
Daniel,
My new years wish for you is to keep making vids on your ChristianREDPILL channel...its your best work...
kenandjasha 2 years ago
If something is on my heart, then I will put a video up.
visionvictory 2 years ago
Comment removed
Joeys48 2 years ago
This comment has received too many negative votes show
The Reagan Revolution was the apotheosis of the belief that Merchants are the super-race. Thirty years of letting them call all the shots suggest--as Karl Marx warned--the free enterprise system is inherently self-destructive.
mkdelta69 2 years ago
This comment has received too many negative votes show
Far from being the perfect system, capitalism can't last five minutes without government support, and it has a massively destructive effect on everything it touches. If left to run free, it will pretty much destroy the whole world. Karl Marx was right.
Unfortunately, these facts are known to everyone in the world--except the Obama Administration, who are the last neocons.
mkdelta69 2 years ago
Take your Marxist propaganda somewhere else.
In a true captialist society, businesses could never become large enough to screw a society over without the help of government. We have not had a true capitalist society in the United States since after the Civil War.
What we have had since is a monstrosity where corporations accept government regulation in return for favors, primarily monopoly status.
It is collectivism that one must fear, not private business.
2hard21 2 years ago 7
Amen.
ConservativeLogic 2 years ago
You are so full of horsecrap your eyes are brown.
Again tell me exactly how you prevent corporate control of the government and free markets.
You talk about true capitalist society like it has some special enforcement power.
Tell me the dates and the exact enforcement mechanism that worked so no Group Of Pigs could challenge it.
mkdelta69 2 years ago
ROFL
When governments are not around, capitalism is whats natural to man.
visionvictory 2 years ago
Yea. As natural as murdering over 100,000 Iraqi's for oil.
mkdelta69 2 years ago
If you think that the war in Iraq was for oil, then you have a child-like view of the world.
And if it were REALLY for oil, why didn't Barack pull the troops out? How do you get back $3Billion a WEEK that has/is spent?
Because it was NOT for oil and it was NOT for anyone's freedom.
I do not support GW Bush, nor do I support Barry er I mean Barack Obama. They are 2 sides of same corrupt coin.
Sorry if you cannot see that.
jcwitness 2 years ago 4
Okay. I'll bite. What was Iraq invasion for?
mkdelta69 2 years ago
the shortest answer to Iraq:
monetary control.
The Petro-dollar is at its end. It has been a long journey from 1913 with major milestones after WWII (Bretton Woods) and in 1971.
Sure, Saddam went off dollars in 2002 (and was invaded within 3 months). Once oil started pumping again, it was sold in USD only. Hugo Chavez also went euro..what happened next? Iran went euro..
And bigger picture,there needs to be a Mid-Eastern seat for the world bank.
"never let a crisis go to waste" rahm
jcwitness 2 years ago 2
By the way. If you bothered to read all the comments you would see that I called Obama the last neocon.
You and I agree that Obama and Bush are corrupt. Every senator except Bernie Sanders are wealthy. Which is why it's so easy for them to vote in the interests of their social circle.
mkdelta69 2 years ago
neo-con stands for neo-conservative.
It is a throwaway word used to create dissension amongst the subjects (all of us).
Any kind of collectivism is not only anti-productive to the conversation, but provides a distraction while the real villains continue to plot your doom.
This isn't blind conspiracy theories. The money trail is there. We have names.
We know their true intent (Agenda21).
Which warrants only one response:
Molon Labe
jcwitness 2 years ago 3
Not ROFL
mkdelta69 2 years ago
Ashamed for what some people will do for the precious
mkdelta69 2 years ago
From McClatchy -- (h/t Crooks & Liars) In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting that a sharp drop in U.S. housing prices would send the value of those securities plummeting.
mkdelta69 2 years ago
Goldman's sales and its clandestine wagers, completed at the brink of the housing market meltdown, enabled the nation's premier investment bank to pass most of its potential losses to others before a flood of mortgage defaults staggered the U.S. and global economies.
mkdelta69 2 years ago
Only later did investors discover that what Goldman had promoted as triple-A rated investments were closer to junk....
mkdelta69 2 years ago
Exactly how do you seperate the honest from the crooks and mass murderers in capitalism?
Of course I don't expect an answer because you don't have a clue how.
mkdelta69 2 years ago
@mkdelta69
Government is inherently parasitic and destructive. The problem is that we have not had a free enterprise system for a hundred years now. Bring back capitalism and all economic problems will be solved.
herbs814 2 years ago 4
Bullcrap.
How do you control free markets?
What is to prevent concentration. Purchase of regulations and politicians?
mkdelta69 2 years ago
revolution...go look at some thomas jefferson quotes and you will figure out that there is nothing perfect. just a cycle that starts with a great idea, mutates through evil and corruption and then a renewing of morals and ethics just so it can start over again. we are now at the end\start of a cycle
vintagethought 2 years ago
vintagethought: My concern is that we are at the end of our rope, as far as a country. Remember, economies do fail. The USA is not immune to economic collapse, and certainly economic collapse will come when the Constitution is not being followed.
I agree with the cycles, but I wonder if this is less of a cycle but actually an attempt to demolish our country from within.
katiatomsk 2 years ago
bingo
we are the last free and armed people left on this planet and we must be squashed before this "new world order" or whatever freaky corrupt satanic cult is able to takeover. make your peace with god and remember, there are worse things than death. a new dark age may be upon us in the next decade
vintagethought 2 years ago
Vision Victory is a very good researcher. But is very poor at connecting the dots. At analyzing the research you do.
FOLLOW THE FRICKEN MONEY TRAIL. DON'T GET LOST IN THE FORREST AS YOU ARE NOW.
mkdelta69 2 years ago
Here is another observation of a half truth.
When you refer to Main Stream Media. That is only half a definition. "A Jefferson"
The correct description is the Main Stream Corporate Media. But the half truth description of the MSM follows with all the other half thruths.
The Jeffersons.
mkdelta69 2 years ago
"The government is best when it governs least" Thomas Jefferson
People don't know that the Founding Fathers took a dim view of unfettered capitalism. They were not much like the anti-government loonies who cite them constantly today.
In the first century of our existence, anyone proposing to start a corporation was required to show how that corporation would support the common good.
THIS IS WHY YOU GET T-BAGGED. By the NeoConJobs. The rich. The corporate government.
HALF TRUTHS BY JEFFERSON
mkdelta69 2 years ago
They also knew that the Merchant class have a tendency to game the system in their favor. Jefferson warned:
"Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. I hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country."
mkdelta69 2 years ago
Since those times, the Merchant class have succeeded in gaming the U.S. system heavily in their favor, and that's why we're in the soup today.
AN HERE IS VISION VICTORY GIVING AID AND COMFORT TO THE ENEMY. THE NEOCONJOBS, THE CORPORATIONS, THE RICH, THE WAR PIGS.
BY TELLING HALF TRUTH
JEFFERSONS
mkdelta69 2 years ago
is this really happening 1...treasury gives fannie freddie unlimited backing
could be more than a trillion 2...hr 4173 authorizes fed res to provide 4 tril
for next down leg in economy
3..GMAC gets 3.8 bil more
government now owns 56% gmac
4...debt cap raised to 12.4 tril
5..aig in there some where too
this is out of control ...
take care guys
chena3 2 years ago 2
bank of international settlements data .......
reported by Tetsuo Ishihara
a Mizubo credit analysts
suggests...
corporate debit has contracted
from a high of 53.2 trillion in 2008..
to 52.9 trillion in 2009..
got them deflationary debt destruction blues ....
take care guys..
chena3 2 years ago
@thebadasswitch23
got change for a dollar...
chena3 2 years ago
I got layed off last december in michigan. I the system crashed several times. It took hours of calling just to make yout weekly calls. They figured it out though. Umemployment hired 300 people. They moved most of thier traffic to the marvin online page, and added more phone lines, If you guy want a job, start working the the umemployment insurance field.
Richardwinkel 2 years ago
I know we can't all go out and buy $10,000.00 in gold and silver as a hedge to protect ourselves from the impending collapse of the dollar but there are things we can do now. First, STOP buying stuff...especially on credit. Get out of debt ASAP. It's the first thing we should do. Then slowiy start stocking up on some non perishables. If possible, buy some Silver. Silver is actually a little bit better than Gold in a few ways. God bless you all.
anthonymellado 2 years ago
Well, I'm no expert or economist, but I'm not stupid either. Everything you pointed out is happening. And what's scary is when the MSM "kinda" mentions stuff like this.
Speaking of crime from your last vid...I live in a slow, retirement county (for the most part) in Ohio. My sister in law got broken into on Christmas day. Lost a bunch of stuff. My wife's friend woke up to his door being kicked in at 6 AM. He racked his .45 and heard, "OH Damn!" When he got to the door, they were gone.
magbigblock 2 years ago
Thanks for the vids and the truth. Your predictions were a little off I believe because of the "shadow" inflation we are seeing. The market is inflating as a six month predictor of dollar value IMO. Crime has not skyrocketed because inflations cruelest truism is it hurts the poorest most and last. It will come.
ConservativeLogic 2 years ago
1) With most of the stimulus money due to kick in in 2010 and with businesses turning profits through cost cutting, we will see modest job growth throughout 2010 creating the illusion of recovery.
2) By June, Dow 12K -13K, 10yr note 4.5%
3) As the prime option arm defaults accelerate and the bond market forces mortgage rates higher, home prices and construction decline sharply in the 2nd half of the year, setting the stage for the next round of bailouts and economic contraction in 2011.
2hard21 2 years ago
Thanks for helping wake up the sheeple, you are doing a great job.
jacoff1973 2 years ago
The other side of the coin is coming to town -let the bad mortgage debt burn. Do not buy it. Let it all crash. The pain will be greater but shorter. Right now with this Presidency trying to please everybody and not face consequences of 8 years of banking profligacy we are going nowhere except deeper in recession.
belamoure 2 years ago
chena3 2 years ago 2
What about the price of gold in 2010?
johnnyone9 2 years ago
2025 LA, Washington, Chicago - Ghetto
Republicans start building grate wall at the South
Democrats start building Grate City at North Pole
Libertarians start marijuana diet
All trees will go for new houses and money
After Biden death Hillary finally become VP
lilidk6150 2 years ago
u are so right on Dan..... keep on keepin on! We are not going back to the old "normal"... most of us want to , but we CANT !! Real adjustment in our standard of living is upon us! Those who farm will eat. those who cant will starve.
zx900steve 2 years ago
May the Lord bless you and your family in 2010!
patriotsundergod 2 years ago
gold idea. firstly I see printing and stimulating going forward. for the too big to fails to .... fail. that would be six months of pain, then true recovery. So many lies and then what are we betting on. Sitting on our physical gold while society turns into a Mad Max scenario. Don't know.... We nee to research alternatives and develop our thinking here. In the meantime .... great site .... thanks
richwater26 2 years ago
great vid
richwater26 2 years ago
4:57 ghosts 4.57
keithholden 2 years ago
Enjoy your videos so much.
Have you seen the news story about the state of Georgia working on a bill now that would make it possible for banks to accept gold and silver coins for payment of debt and for deposit?
I think some states are 'getting ready' to set themselves apart from the Fed's mandates and take care of their own.
More power to them!
LuLu21750 2 years ago
Like this channel..but you can find all the info vv mentions on shawdow stats..I do agree with this video..I also think vv gets a boner for a economic collapse..For all of you hoping for a total collapse..Gold and silver will not save you
rollinglibs101 2 years ago
Obama is a reason why crime didn't increase
1. He makes blacks happier
2. He prolong unemployment
3.Printing money stops runs at the banks and creating chaos
lilidk6150 2 years ago
@lilidk6150
What?
Obama is paralyzed in afghan, creating jobs, being transparent, did I mention creating jobs, being advised by self intrust groups, chicago thugerism, did i also mention he CAN'T LEAD, etc.
Your boy loves and lives in kaos and why did obumer mention a new world currency/order to solve the econ crisis??
Zonly1 2 years ago
Sure bout that
neanam 2 years ago
Your video from March 17th 2008 was spot on.
etoppsportcards 2 years ago
VV I justed wanted to comment that you are absolutely correct in your prediction about the coming crime wave. A mega explosion of crime is being delayed and currently avoided because the unemployment checks are still rolling in and welfare checks can still buy food/products at the closest supermarket. That will change however when the hyperinflation begins and the trust for dollar finally drops.
linnx88 2 years ago
There are too many comments to check if it has already been discussed but have you seen the latest Sprott Asset Mgmt newsletter? Very interesting. The author makes a case that there is nearly $700 billion of purchases of Treasuries that are were not explained. The newsletter declares these purchases another Ponzi scheme.
vcolombo 2 years ago
Daniel do you have any predictions for Canada?
derap34 2 years ago
Canada will melt and be overrun with Polar Bears.
HeisenbergSleptHere 2 years ago
Canadians don't need to go vacation to Mexico any more .Vancouver become Puerto vallarta
lilidk6150 2 years ago
Arrow truck lines no longer exists
1600 truckers left stranded
True
rlmccullough 2 years ago
2010 Predictions
1- unemployment rate down to 7%
2-Dow will go down to 8900 then it will move up to 128000 by the end of 2010
3-dollar will stabilize
4- Gold down to $750
5-oil $90-101
6- standard of living will drop by 25%
7- EU will face serious financial crisis
falcon02012 2 years ago 2
@falcon02012 Yup! The Great Anticipation will precede the final collapse. And no one (save a few) will suspect that their newfound wealth is really a function of the perceived value of their currency. Disagree on one point. Dow will not break 100K until spring of 2012. From there, it goes straight down to where it should be. Zero.
Just my opinion.
mogodbilealadamnbama 2 years ago
that's the most sensible prediction i've seen on these doom and gloom posts on youtube. thanks for a little levity to all the collapse watchers.
krinkly 2 years ago
yep, watched the mainstream media this morning, more garbage,garbage.... I dont give a damn that some guy is trying to get his kid from brazil, and now cbs is going to have a two hour special!!!!! damn damn,damn, guess I just need to listen to npr.
huskerbird1 2 years ago
listen to npr? Might as well go shoot yourself.
HeisenbergSleptHere 2 years ago
hey, if the unemployment servers crashed they'll have to be upgraded, greenshoot. hehe
pentel1911 2 years ago
Guess how GERMANY go rid of de facto bankrupt counties?
The states merge them to get federal credits!
Prepare for a little more centralized power grips....
0PsycoDad0 2 years ago
S&P will collapse at 1150, Gold will go sideways. Republicans will win 2010, it will put big brakes on Obama and Co. Natural gas will doable the price
lilidk6150 2 years ago
$12 Trillion dollar Debt, what happens when we can't pay the interest?
FEARisPROFIT 2 years ago
@FEARisPROFIT Much shit hitting the fan?
0PsycoDad0 2 years ago
In two years....
Lindsey Williams said for two years the stock market will keep going up, the dollar keeps going down, Americans will become poorer and poorer...and I forgot what else he said. This is what I think Lindsey said.
This person remembered exactly what Lindsey said:
ww w.somethingmustbreak.n et/id61.h tml
VexRiot 2 years ago
Lindsey Williams is an absolute moron story teller listen to his prediction of all out collapse for 09 on alex jones almost everything that he said was a thousand miles from reality he is a cookoo crackpot jesus freak jack ass
jstets1978 2 years ago
By saying that they will default on there Muni bonds. This is sacrosanct because if the muni bonds default, then people will worry about the biggest bonds of them all and that is US treasuries. Also last night I saw the 60 minutes story on the water issue in california, where farmers are having to get rid of fields. In fact one farmer had to destroy an estimated 18 million dollars in Almond trees because he couldn't water them. You are right, 2010 is going to be a nasty year.
BuckFutterd 2 years ago
I read the article on that trucking company, and that is another canary in the coal mine. That means that this operation (which is large) hasn't been transporting goods and services enough to keep up with expenses, which means people aren't buying alot of stuff and stores aren't buying inventory. Also I've talked about the states financial situation before on other blogs. The states financial situation is worse than whats being told in the media. They will force the govt. to bail them out.
BuckFutterd 2 years ago
Amazing stuff. I am thankful for people like yourself who try to spread the truth
cshah2 2 years ago
Thank you my friend, I am glad your here.
dwfierce 2 years ago
Thanks for all the great info Daniel
2010.. Its all about smoke and mirrors. Economic stabillty can not hold for much longer.. News has painted that the economy is on the rebound... then boom! Cant say the rest, but you know the blame game is always placed by the elite/illuminati. Religious wars to break out!. Stock market is tied up with CAFR Slush funds from the states,, states go down, so does the stock market -vise versa More Haarp and water wars.. Peace and Love to save the world!
JustLiveITtv 2 years ago
2010=year of dollar crash....get ready its happening this time
WakeUpNow2012 2 years ago
you're so right Mr Vision Victory. I am from CT and I noticed the server going bust first hand
Cinemaguy2007 2 years ago
There is a huge chance the dollar will crash, stocks will crash, HUGE, chance in 2010. we are being lied to, the math doesn't add up. pray pray pray people only God can help us now!!!
MrPsalm141 2 years ago
thanks again! i showed my sis your vid this holiday and she digs your sarcasm. i also hooked her up with a two ounce "year of the tiger" silver coin. you are a true patriot.
lucifuehrer 2 years ago
why are u doing this?
indiaboyydd 2 years ago
I wonder why my comments sometimes don't show up. Hmm...very interesting.
awakesleepinggiant 2 years ago
youtube has been deleting comments, but usually only the first 30 min.
visionvictory 2 years ago
I really appreciate everything you're doing. Thank you :)
sstoy10 2 years ago 3
I've changed my mind. Sometimes I get optimistic and think they manage a soft landing or a slow slide, but there's simply waaay tooo much that's imploding that they would have to bailout at least in part and in total it is mind bogglingly massive. And then they'll need money for stimulus to keep up the charade. 2010 is going to be the year the dollar crashes or will be devalued. Let's hope for an offical devaluation, cause once it starts to get dumped, everybody dumps...
InTheSticks1881 2 years ago
To see the spread hitting New Zealand, do a search for: Southland Times, Families needing food aid 'double'
julianchosun 2 years ago
there is a big need for the channel like yours. A lot of people are underestimating how problematic the situation with the US economy is. I am from Russia we had a type of the collapse in 1991-1992 like Americans are experiencing right now. I made a series of videos about the USSR collapse many americans are founding the analogy very interesting. I will post one of my video as a response.
Alexiscom1 2 years ago 3
Thanks for the updates and predictions...
I watch some MSM, then watch this channel and others on YT for the unspun versions and for all of the info/news-stories/facts omitted by the MSM.
If I remember my Sunday school lessons, lying by omission is still lying.
sizzlot 2 years ago
Thanks
visionvictory 2 years ago
Thanks V.V., If the U.S. is doing so good why cant we have a Federal Reserve audit? The government just removed the cap on the bail out for Fannie May and Freddie Mac. They weren't sure if 400 billion would be high enough. Send more jobs to China!
justaoldslave 2 years ago
Ben says that an audit would cause an economic collapse. His words, not mine.
visionvictory 2 years ago
I personally know many people, more than ever that are out of work or underemployed.
YouGotTheWord 2 years ago 2
Gerald Celente says the commercial real estate bust is underway now, and it will dwarf the residential housing bust because it is more highly leveraged.
dmger14 2 years ago 3
I may still think you're a perma bear....but I do acknowledge you have some of the best/most accurate facts out there.
2010 prediction vid...topics you're bullish on?
RikaKazak 2 years ago
Thanks Daniel. This is an election year. Markets and figures will be manipulated at great expense to defer the inevitable reality.
matahaari 2 years ago
Siver is real money world wide thanks for the great info daniel
acechoice45 2 years ago
Once Uncle Sam stole our real Social Security money, and replaced it with IOU's it's only been a matter of time. How long before the states take control of their Retirement monies ? YRC could be the next major freight company to fail. I know if my spending is any gauge for Xmas I think it is really going to show some bad numbers. Just think how well this country would have been had we still had real cash, and securities in Social Security that we could use for direct investment here.
THX1948 2 years ago
So many comments on this board were taken down from late last night....
seadog92023 2 years ago
Are you sure? Because if you are implying I took them off, I just logged on for the first time in 14 hours.
visionvictory 2 years ago
Yeah, there is this new word going around, "sovereign default" which refers to the coming economic crashes of the countries themselves.
powergirl901 2 years ago
I like your approach and your attempts to weigh the facts with benefit to the doubt...that adds creditbility. But most of us on here I'd hope would be smart enough to flat out agree with you. The MSM is a joke. Just talk to you neighbors. My buddy was at a poker game in LA recently and 8 of 10 weren't really employed full time. Many people we know either foreclosed or have cut wayway back. And these people are some of the best in the business.
judutchinski 2 years ago
Just a 'street perspective" in order for this money crisis to go well, people are gonna have to depend on people and not corporations, look at the Arrow Trucking thing. people are pissed, but what do they expect from a impersonal org like a corporation? time to take the power back and have your peoples back.
grasshutz 2 years ago
Thanks for your videos. Lots of great info and insight that is not available via the MSM.
RichVee 2 years ago
thx for the comments
visionvictory 2 years ago
option ARMageddon lol perfect. once again a very good presentation daniel. thank you so much!
MainTightSqueeze 2 years ago 2
thx for the support and comments :)
visionvictory 2 years ago
Whenever I see a new visionvictory video I prance around my house like a little girl.
oraclenvec 2 years ago
By August,2010, an ounce of gold will be worth $9,456,347,865,319.57.
D4Shawn 2 years ago
LOL
LOGICvsYTIDIOTS 2 years ago
2010 will be a year of states going bankrupt. also i see the dow going up as high as 11,500 then it hits resistance and go down to a major downturn even lower then 2008. unemployment will go very low cuz in the summer of 2010 the major part of the stimulus will be spent. so expect to see u3 9.0 to 8.5. then high again. the dollar will rally. 2010 will be the year of sovereign debt crisis. expect to see riots in europe and eastern europe collapse.
awakenedblckteen1991 2 years ago
if you look at the treasury yields for 1,3,6 months yields you see they are 0.00 or 0.01. the smart money know that 6 to 8 months from now something big is going to happen. here is what may happen option arm explosion,commercial real estate collapse, then we will see a a wave large regional banks go under, probably wells fargo goes under they are in trouble. this will implode the equity market. we could see greece,spain,italy,portugal, ireland default.
awakenedblckteen1991 2 years ago 3
also ALT-A explosion w/ option arm. bank of america still in trouble too... yeah, tough times still ahead.
Gizziiusa 2 years ago
Thanks for updating so frequently. I look forward to hearing from you often in 2010.
Carrot55 2 years ago
way to go... solid info...
IChoseTheRedPill 2 years ago
cont. The problem is not the rates, its the values. People lied about income and cant afford a teaser rate let a lone a very good rate. They dont have the money period. This is why so few loan mods are working - even if the rate is lowered to say 2%, people still cant afford it. Thus option Arm, fixed whatever, house will be foreclosed at record numbers. Values will go down 25% in the next two years or more. So dont buy a house for an $8000 credit; it will be gone in equity in a few years
aw3212 2 years ago
Option Arms - I agree; I would guess the bulk of them took place between 05-06. The payment (minimum) jumps every year and after 3-5 years the rate goes to the fully indexed rate not the teaser rate. Fully index rate equals index plus margin (most index's that were used was the MTA - monthly treasyry average) The only good news is this rate has gone down dramatically (Nov was 0.4808). So in reality even with a high bank margin of say - 4-5% (which was VERY high at the time)
aw3212 2 years ago
@aw3212 my point was the rates are still very low and people still cant afford their homes
aw3212 2 years ago
I like your videos, but
what an ego you have!
IM SOOO RIGHT!!!
eew
shaylo2006 2 years ago
Don't think its ego.....confidence can be confused with ego
wakeupbreathing 2 years ago
You dont have to "point out" confidence,it speaks for its self,
Anyways it just turns me off when ANY human tries to predict the future and then gloats about it.
I LIKE THIS GUY,I AGREE WITH HIM
Cheers mate!
shaylo2006 2 years ago
You must be "turned off" by all humans then because we all try to predict the future in our own lives. Every one of us make decisions on what we predict will happen...buy more silver or food or ammo or whatever because we think our predictions will materialize. Does not mean we would gloat if silver goes 1000 just means the predictions we made were correct. I will buy more silver this week because I predict will help preserve some wealth when the dollar collapses but I won't gloat if I'm right.
wakeupbreathing 2 years ago
I will actually be sad if I am right about silver and the dollar collapse....just means lots of folks will be hurting badly
wakeupbreathing 2 years ago
Your right.
A person that pays attention to this man's videos knows when he is right and when he is wrong,he looks lame pointing it out.
:)
shaylo2006 2 years ago
I could be wrong also.... :-)
As you said "cheers"
wakeupbreathing 2 years ago
I am a deflationist and I like your videos very much and always rate them 5 stars.
rstora01 2 years ago
Enjoyed the video! However I would like to point out that while you point out issues with the way unemployment is computed to support your ideas you don't point out the issues on the other side of the argument . Along with the increase in part time employment that you point out there is also an increase in people getting paid under the table. This lack of hard data skews the unemployment rate in the other direction - I know 3 people getting paid under the table that are counted as unemployed.
navykev 2 years ago
I agree with your piont but do you think there is enough people doing that to suport the everyday econimy? it would be intersting to see what percentage of people working are under the table
HomesteadAcres 2 years ago
No I don't think that there are enough people doing that to support the economy but on the other side I don't think there is this huge part time employment number that will bring down the economy.
navykev 2 years ago
Good predictions. It's common sense economics, i.e, all this "casino magic" that the fed is trying to pull cannot hold out. Just like the laws of physics, there are basic laws in economics, things just cannot get better.
t4ac3y1 2 years ago
The states took all this stimulus money and used it for band aids and non-critical purposes, instead of building up their economies. Can you say Latin America and co-conspirators with the economic hit men in DC? I want to know why my state isn't currently looking to take matters in their own hands by seceding from this corrupt government that intends to create tax slaves from us all.Eventually that's what will happen and they knew it. United we stand and divided we fall as they say.
BFResearchSE 2 years ago 3
Great Job!!!
dyoungXI 2 years ago
U are spot on on most things especially housing however on the market, why would it go down as much as u predict with all the stimulus thta they will keep pumping into the system. The fed can manipulate the interest rate to keep the market up
bj4paul 2 years ago
Price housing ,food ,whatever in real currency, like gold/silver.
Watch the "Creature from Jekyll Island".
Housing will crater
cpgone 2 years ago