Inspector Posted January 14, 2011 Posted January 14, 2011 The Dollar...and the future of AmericaWatch it all, and get ready. It will not be pretty. :thats-funny: Link to comment Share on other sites More sharing options...
Dave Hounddriver Posted January 14, 2011 Posted January 14, 2011 CAUTIONI was curious who these people are so I did a search. This info does not put them in a good light.. . . . Judgment in favor of the Securities Exchange Commission and against Maryland-based Pirate Investor LLC, now called Stansberry & Associates Investment Research, LLC, and Frank Porter Stansberry was issued at the U. S. District Court for the District of Maryland on August 1, 2007 – 28 months after the completion of a bench trial. The penalty comprises disgorgement of $1.3 million in profits and interest from the fraudulent activity, for which Pirate Investor and Stansberry are jointly and severally liable, plus a fine of $120,000 against each defendant. Link to comment Share on other sites More sharing options...
Art2ro Posted January 14, 2011 Posted January 14, 2011 (edited) Easy solution! The U.S.. Government can file for total world bankruptcy and just don't pay any of the debts owed, starting with a zero deficit and start creating jobs in the U.S. by eliminating all of the out sourced jobs overseas and bring them all back to the U.S.! Also pull out all of our military personnel involved in all overseas crisis and protect our own country's borders and only rent out our military and weapons of mass destruction to countries who requests military assistance, where they pay up front in gold bullion, precious metals or gems! The U.S. can be a rich and powerful country again once the U.S. Government quits borrowing money, put people back to work and start producing American products again and is not dependent on crude oil from other countries! And if not, the video we have just heard here or from whomever may have these similar opinions may just be inevitable in the near future and or in our lifetime! Edited January 14, 2011 by Fil/AmArt Link to comment Share on other sites More sharing options...
Inspector Posted January 14, 2011 Author Posted January 14, 2011 CAUTIONI was curious who these people are so I did a search. This info does not put them in a good light.. . . . Judgment in favor of the Securities Exchange Commission and against Maryland-based Pirate Investor LLC, now called Stansberry & Associates Investment Research, LLC, and Frank Porter Stansberry was issued at the U. S. District Court for the District of Maryland on August 1, 2007 – 28 months after the completion of a bench trial. The penalty comprises disgorgement of $1.3 million in profits and interest from the fraudulent activity, for which Pirate Investor and Stansberry are jointly and severally liable, plus a fine of $120,000 against each defendant. Old news, and he does try and sell his information here....However, please dispute any and all his laid out facts he presents. This is not a 9-11 conspiracy where any and all "facts" have been easily disputed....all of this what he relays is truths. Don't buy his books, and don't listen to any of his suggestions...just listen to the facts.Exactly WHAT does happen with the US dollar in the future? ...and what WILL happen if what he predicts becomes truth? Link to comment Share on other sites More sharing options...
Inspector Posted January 14, 2011 Author Posted January 14, 2011 This is what he is saying needs to be done....:thats-funny:- GTFO of the USA- get rid of your dollars- buy precious metals- sell put options- invest in farmlands instead of the stock market - hide your money from the government- find a place you can hide in for a few months when the shet hits the fan and riots break out (and have it stocked with supplies)Have a few already checked off here... Link to comment Share on other sites More sharing options...
Mr Lee Posted January 14, 2011 Posted January 14, 2011 This is what he is saying needs to be done....:thats-funny:- GTFO of the USA- get rid of your dollars- buy precious metals- sell put options- invest in farmlands instead of the stock market - hide your money from the government- find a place you can hide in for a few months when the shet hits the fan and riots break out (and have it stocked with supplies)Have a few already checked off here... It has always been my position in life to prepare for the worst and hope for the best, and that way I hope to not get caught with my pants down. While there are many nay sayers in this world, many of the things listed make total sense, so if a person can afford to take a few of the precautions listed, then IMO it might be wise to do so, and I have already done some of the things on the list by buying our condo in the PHL, and by moving as much money as we could afford to spare yearly to the PHL, and converting it to pesos, so that we can afford to live in our condo in Cebu for a short period of time while the dust settles, and should the worst end up actually happening. Of course that is if we can even get there should the manure hit the fan while we are in the US. I have always saved up some silver coins during my lifetime but the problem is that they and any other valuables we have including important papers are stored in bank safety deposit vaults which probably would not help us if a collapse of the banks were to come about, but at least we would not starve, if we could get them out of there before a time of need, but storing anything of great value in ones home can also put them in danger of loss, so there is no easy answer IMO and all we can do is try to think and plan ahead and hope we see problems coming before they actually hit. Let us all pray it does not happen because if the US goes down, then IMO much of the world will also suffer, just look at how many dollars the OFW and family members in the US send home to the PHL, what might happen in the PHL when all that stops, would the PHL be safe either. Link to comment Share on other sites More sharing options...
Art2ro Posted January 14, 2011 Posted January 14, 2011 (edited) IMHO, Mike (aka ekimwish) from Leyte who runs a pig farm, will probably fare better than most of us if the sh&t hits the fan, because his family is living off the land for their survival and livelihood where they can also grow their own vegetables, raise other livestocks and get seafood since they live near the shore line! Edited January 14, 2011 by Fil/AmArt Link to comment Share on other sites More sharing options...
Inspector Posted January 14, 2011 Author Posted January 14, 2011 (edited) Scary times my friends The fall of the Weimar Republic :thats-funny: Edited January 14, 2011 by Inspector Link to comment Share on other sites More sharing options...
Inspector Posted January 14, 2011 Author Posted January 14, 2011 IMHO, Mike (aka ekimwish) from Leyte who runs a pig farm, will probably fare better than most of us if the sh&t hits the fan, because his family is living off the land for their survival and livelihood where they can also grow their own vegetables, raise other livestocks and get seafood since they live near the shore line! Yeah...he says that is the BEST investment for centuries, the number one BEST outperforming anything else...farmland in other countries. :thats-funny: Link to comment Share on other sites More sharing options...
Mr Lee Posted January 17, 2011 Posted January 17, 2011 Well for those who think the ideas listed are far fetched, it might be best to read THIS: China's Hu: Dollar-Based System 'Product of the Past' BEIJING—Chinese President Hu Jintao emphasized the need for cooperation with the U.S. in areas from new energy to space ahead of his visit to Washington this week, but he called the present U.S. dollar-dominated currency system a "product of the past" and highlighted moves to turn the yuan into a global currency. Link to comment Share on other sites More sharing options...
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