Oct 8th 2009 Dollar Collapsing
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I suspect due to the loony being pegged to the dollar, that we will no doubt take a hit. But the loony is resisting this downward trend. The fact is that we have huge resources and some manufacturing left, while the States has no resources and no manufacturing. the only way to keep our dollar under the States is to print money, we have to stop that or we will find ourselves in the same boat.
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Gold is good, Silver is better.
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whoa i thought american economy was the strongest
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Amazing... as of 11pm (08 Oct 08) on the west coast the US National Debt is $11.9 Trillion. Here comes the $12 Trillion.
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After looking farther into it, I think you are right! How far it will go is anyones guess, but my guess is 3 or 4000. In anycase, the dollar is done! Thanks for the post, and good luck!
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Yes, please do elaborate on what "it" is, what is going to happen, how will it be "brutal". Thanks
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I sold about 40 comic books recently--most were 25 years old or more--Spawn, Superman, ect...and they were worth nada. I ended up trading for a pack of cards for my son. Only the ones form the 60's or earlier are worth anything.
oophelia46 2 years ago
25 years old? that's nothing. 1980's books are worth basically face value (unless they are key issues). Spawn was a good call 15 years ago. Now it lost all interest. I got stuck with 50 issues of it too. Still have 'em...and might for a while. But golden age books are money.
marcopiero 2 years ago
Right now Canada seems like a nice place to be. If not for the economy then for this global warming. It is way, way hot if Florida right now.
66scjohnston 2 years ago
Well Global Warming is not to worry about for the next decade or so........the rest....YES!
marcopiero 2 years ago
Bullets, beans and rice buddy, and silver if you can get it; gold is peaked!
briankofke 2 years ago
gold peaked? What can I say....u could be right. I personally don't think so. I think we're really far from peaked....
marcopiero 2 years ago