Lol, thanks for feedback guys... i was being smart last night after a few drinks, due to a negative comment someone made... i was saying i will go on old age pension. I dont plan on selling anything, im looking @ some new purchases at present... i belive now is a bad time to be selling (good to buy), investors are buying @ present, suckers will buy later...(the heard) when prices rise too far...
I posted my thoughts on economic climate before i will repost here as to why.
Today, 12:59 AM
Nathan
Member
Top 250 Join Date: Mar 2006
Location: nsw
Posts: 486
Sunfish, i was going to post, and posted similar but not as in depth in other thread. its spot on and i believe this will happen 100% sure...
let me make one point very very clear the people that will be hurt the most by this, is the SAVERS, i will post a link where robert kyiosaki goes into detail about this so you can see someone more cedible then all us here. he has been pretty spot on with a lot of his predictions. this was taken in febuaray this year, and may sound like a ploy to offload his silver holdings but... the fundamentals are very very correct.
This is a different ballgame we are in, all countries in a global way have pulled their hands up (and pants down) and said we are screwed.
I myself am very optimistic about the new future and what will arise over the next 3 year time frame. Not wishing any hyperinflation, but as he says it will take a strong person to fix this mess up. they caved in to patch a sinking boat by the $700billion bail out. it would have been stronger charachter for bush to stand up and say NO BAILOUT because injestiong more magic funds into the economy is making the situation worse...
It is true we may see a day where we get paid $10 grand a week as a basic wage, but bread will be $50 a loaf, and milk $40 a litre...
Its interesting times ahead, and you can crusify me f you want, however no one knows the final result this the day has come and gone, and we have many finacial gurus working together for solutions, nothing is in sight... the only way is to deflate the worth of our fiat currencies.
Heres the link..
http://www.youtube.com/watch?v=FOKn7tiUMyc
Make sure you watch it a few times, it may just save your wellbeing.