Skip to comments.Stock Market Crash… Economic Collapse
Posted on 07/22/2014 7:24:08 PM PDT by Signalman
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I am not advocating any direction. I am just saying what Dent thinks.
I have my 401(k) sitting in almost all cash. It’s funny—my retirement savings have been maxed out since I was in my early twenties, so once I hit 65 I will be set. Getting there is another issue altogether.
The NEW Gold:
1. Food and water
3. Guns and ammo
I’ll be 55 this August. I retired after 33 years in the oil and gas industry, a year and a half ago. I picked up a real estate license. Its been the best year and a half of my life :)
Amen brother! Can’t never have enough of that.
Me, too. But I’m afraid if I say “It ain’t gonna’ happen”, it’ll happen.
And I’ve always said that we can’t keep making a living by selling stuff to each other without there being a “re-boot” eventually.
I’ve been of the opinion since about 1995 that the powers-that-be are determined to manipulate the financial system to the point of bringing down every country in very short order.
This scene from the movie, “Sneakers” sums it up.
Yellen is on the BIS’ Board of Directors. BIS warning is a CYA for what’s about to happen. Central bankers don’t want to get lynched for their concerted effort to overthrow the dollar as the world’s reserve currency as a means to consign the United States to Third World status.
Note that the BIS is filled with socialists and follows the lead of a ChiCom who has stated he wants to kill the dollar. Only two Americans on the Board if you count Yellen. And she’s a bloody Marxist.
Bank for International Settlement - The Central Bank of the Central Banks.
Do people think what is going on is just an accident?
Most believe it is an accident or “market forces” / “capitalism” run amuck. Yet what we have bears no relationship to true capitalism and what’s being done is clearly intentional.
These are not dumb people where stupidity can explain their actions. They’re smart but evil.
Would not surprise me to see the end goal is a global electronic fiat currency in the next 5 years where digital zeroes can be added or subtracted from the end of your accounts depending upon your loyalty to the state.
OK is a good place to be I think. Economy is stable and for the most part the state government is populated by sensible people. I was stationed at Fort Sill twice and really enjoyed the area, despite the initial reputation as an area bereft of a lot of big city benefits, OKC is only an hour away and the cost of living is about 25% of where I live.
You worked through the early '80s in the oil business. You know that nothing is easy. Oklahoma depends on oil.
In my mind, it’s a way to preserve some of your wealth once order is restored and a new currency is established. But I wouldn’t be sitting on a pile of gold waiting for the goods to come to you during the crash.
(I really don’t want to see this happen. I’ve been reading this doom and gloom for the last 5 or 6 years and it makes me sick.)
hasn’t he been pretty much on target?....
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