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grimesgw (August 22, 2008 at 7:54 pm)
You may be right in the end, crusty, but it appears the deflationary outlook is looking quite good for now. Credit, Metals, Crude, Stocks, Real Estate -- ALL are in deflation.Stands well with the contrarian outlook: when everyone thinks we're heading for rabid inflation, De-flation occurs instead!
davidchenard (August 11, 2008 at 3:18 am)
Perfectly said and true! We can't see the future, but it is damn clear what direction things have taken. Sad that few see it like you. Imagine you and others look up to see a boulder tumbling down a cliff. You say, "I believe that there is gonna be a loud noise. I suggest covering your ears." Sound advice, but expect the others to look confused or say things like, "The boulder will turn around and go back." "Boulders can't fall! The cliff is clearly rising." "Cover ears?! That is crazy talk!"
LucyVanPelt22 (August 10, 2008 at 1:45 am)
no crash lah...u all are too pessimistic: Surin
arnejess (August 2, 2008 at 1:44 am)
Great video and I'm with him all the way..BUT, someone maybe already wrote it?, why does he say bonds are the safest place to store your money? Future fiat currency? I believe that there is gonna be created a whole lot of inflation the comming months for all these bail outs, and that gold and silver would be the safest place(?)
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krstn05 (July 21, 2008 at 2:41 pm)
deja vu all over again
alansready (July 14, 2008 at 6:38 am)
we ahve way to low interest rates end the federal reserve
alansready (July 14, 2008 at 6:35 am)
vote for freedom vote bob barr. we need to make this dollar stronger and end the federal reserve.
dollarsuckseurosdick (July 11, 2008 at 4:31 pm)
Laisses faire=comunism idiot! Have a look at America's curve of Lorenz.
mikebtko (June 29, 2008 at 3:22 am)
6/28/08 - Fortis expects a complete collapse of the US financial markets within a few days to weeks. That explains, according to Fortis, the series of interventions of last Thursday to retrieve € 8 billion. "We have been saved just in time. The situation in the US is much worse than we thought", says Fortis chairman Maurice Lippens. Fortis expects bankruptcies amongst 6000 American banks which have a small coverage currently. Also Citigroup, General Motors; there's a complete meltdown in US" |
