Rich or Poor by 2012: What the 2011 State of the Union Address Missed
Posted by admin in Finance Sunday, 1 May 2011 12:30 25 Comments
What President Obama didn’t tell you in his 2011 State of the Union Address: Experts agree that the next crisis is to be expected within one or two years, so there is not much room left for preparation. Even worse, it may be even more damaging than the meltdown of 2007-2008 and its aftermath. Rapid changes in the economy create winners and losers in a very short time. By positioning yourself appropriately now, you can create a much better starting position for yourself and your family once the worst is over. The US debt is unsustainable and the dollar may soon experience hyperinflation. Don’t stay in denial and hope things are somehow going to get better. Your wealth is in real danger—make sure you protect it. You have little to lose if you prepare and a lot if you don’t. More info at: www.goldinmind.com For your easy fact-checking—sources mentioned in this video: Peter Schiff was right vid: www.youtube.com Peter Schiff interview: www.moneyandmarkets.com Gerald Celente interview: www.infowars.com Nassim Taleb interview: www.businessweek.com John Williams (the inflation expert) interview: seekingalpha.com Facts on financial advisors: www.nabcap.org US trust in media stats: www.businessinsider.com The Fed and the Housing Bubble: www.huffingtonpost.com Columbia Journalism Review (crisis warnings analysis 2000-2007): www.cjr.org Gold in Mind: www.goldinmind.com
@CarimboHanky @thebroDgrrr We recommend many more alternatives besides gold and encourage people NOT to put all their savings into one basket, just in case one of these asset classes, including gold, got into a bubble stage. Those recommendations include crisis-proof stocks, farmland and in some cases real estate. Our goal is to compile opinions and advice regarding the coming crisis from some of the best economists and forecasters. See our website for more in-depth information.
i love how all this gold merchants want you to buy gold when its evident that the gold market is inside a bubble thats being getting bigger since mids 2005… all that go up have to come down
soooooo, when will you guys burst the gold market bubble and sell off? i’m going to guess october 10, 2012.
GRANDIZER CASH…. google it get a fax machine and a computer not linked to you such as a library and a safety deposit box and i will show you how i picked myself up off from the street’s and made money with no investments my ideas are Sneaky and tactfull and you will thank me when you get the info that is designed for two pages you will realize you dont need a book to make the money you need the PROTO -TYPE WAYS
there is no pony,,,, watch?v=aT5vKA22_Mw
@mmksa100MM
The 1 percenters around the world will not let disaster happen.
So speak doom and gloom as you may, and buy all the gold you want, but bread will not rise to 30 bucks a loaf in our lifetime. Not gonna happen. Its not in their interests for it to happen.
Now if a run on metals happen, then I have to agree that confiscation will occur, and THAT my friends will be the end of the American Society as we know it. Ask about why 1099 got repealed…
@mmksa100MM The pressures on the long wave cycles are always deflationary. It’s just the natural “flushing” of malinvestment, etc. from the system. But because there have been trillions of dollars printed, and because once the dollar loses its world reserve currency status, there will be nothing backing those dollars, the Fed will print money to “stimulate” us out of deflation, causing hyperinflation this go round due to the factors mentioned above.
yes I think this financial crisis is about to hit the bottom of everything and were about to start experiencing hyper inflation where it will only separate the rich from the poor there is still time many online businesses opportunities out there one of the best i think is MLMTOR.com
If the reserve currency fails who is going to buy their gold. In other words who will determine currency exchange if the reserve currency implodes.
SUBSCRIBE SCHIFF REPORT ITS ON MY CHANNEL
You need to have that little pee-pee of yours whacked off and fed to you. Who knows, you might even consider it a “crisis”….
I bring you truth! Turn to one another for your salvation, for only as a family can we stay strong. Look to your brothers and sisters of all races and change your ways regarding the wealth of this world. For we need not owe one another but aid one another other and he will add it equally unto each of us. But turn your face from one another and so he will take it from us. Come unto him all that are heavily labored and he will give you rest. Have Love, Compassion and Forgiveness to all Peoples.
Inflation vs. deflation is more a matter of policy, than of some natural laws. There’s no use in betting on one or the other scenario. Instead, make sure you don’t get hit hard by either one. Put your savings in different baskets. Gold performed well during 1930s deflation, during periods of market chaos, high inflation, not necessarily during moderate inflation. What’s sure is that there’s a market crash ahead, possibly followed by economic depression, so avoid paper IOUs, prefer the tangible.
Great video thanks. However, is it going to be hyperinflation or deflation?
Bravo!
great presentation!
If’ I was rich I be seriously worried about losing all my wealth, I ain’t rich, never did care much for money, I’m warp driven high low tech Appalachian mountain man can live off land, don’t need shitty cellphone send silly text or make insecure useless phone calls, most time i don’t care what day it is, bring on your financial crisis it’s city folk and corrupt law make’in paper assholes lawyer type’s that going to suffer lol, POETIC JUSTICE FOR THEM, I LOVE THIS UNIVERSE.
kids remember the golden rule… he who has the GUN rules !!! Invest in guns and ammo !!!
@Tsufurjin you’re funny
)
your scared, you mask ya voice, hihi the nwo got you scared like a bitch, hahahahhha, ihhi, chicken, your still gonna get it, they are going to kill people
Which presidents had the longest unemployment benefits extension?
1 Ronald Reagan -REPUBLICAN 3.5 years of unemployment.
2 Gerald Ford -REPUBLICAN 3.2 years of unemployment.
3 George Bush2004-REPUBLICAN 3 years of unemployment.
Yet like the hypocrites they are they call it welfare when Obama wants it to be longer than 1.9 years! Even though they where not dealing with the worst collapse since WWII. They are doing this to sabotage the recovery, to get elected in November.
I listened to Robert Kiyosaki’s advice on silver: “I believe this is the biggest investment anyone can make in the next 100yrs” I did my research and found an opportunity that has changed my life in 12 months. Take a look like i did…. Visit: goldsave.co/
@aptisme thx for your comment. The problem is that most personal debt is adjustable rate and will not be wiped out. As for food, sure, it’s a good idea to have reserves. There may be temporary hiccups in the food supply chain as hyperinflation develops, but food won’t necessarily get scarce. People just will have less money to buy it with because the value of paper money will get diluted. Gold vs food ratio should stay roughly stable, i.e. an ounce of gold should still buy those 300-400 loaves.
If you believe the government and the media, with their past lies and folly… you DESERVE TO LOSE EVERYTHING. The truth is out there… turn off your TVs pushing propaganda, tune out of the government “statistics,” and start thinking for yourself.
Why would anyone want to pay off their debts now? They will be virtually wiped out with hyperinflation. $1 today maybe worth $.10 or less. Also, when you’ll have to trade your gold coin for a loaf of bread, what will the the gold coin be worth then? here are some choices: a) a loaf of bread, b) $30,000, c) your car. My pick is a and c. So, it a good idea to have some gold, as you’ll be able to pay of you debt, but investing into food stocks are important too.