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Twelve Shocking Quotes From Insiders About The Horrific Economic Crisis That Is Almost Here
TEC ^ | 10-1-2011

Posted on 10/02/2011 4:30:15 PM PDT by blam

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bfl


81 posted on 10/03/2011 12:07:06 AM PDT by Gene Eric (Your Hope has been Redistributed. Here's your damn Change!)
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To: caww

I bought a 16” solid 14k gold rope chain, diamond cut, in 1979 for $210. I’ve seen similiar chains from American sellers going for about the same on Ebay tonight.

For the past four years I’ve been buying 14k and 18k yellow gold vintage charms and bracelets in anticipation of the coming economic collapse.

I’m now having to sell to pay bills. So far I’ve been selling for more than I paid originally, but I don’t know how much longer that can last.


82 posted on 10/03/2011 12:18:41 AM PDT by SatinDoll (NO FOREIGN NATIONALS AS OUR PRESIDENT!)
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To: familyop

Haha, I calls ‘em as I sees ‘em, we live in hyperbolic times! ;-)


83 posted on 10/03/2011 12:22:51 AM PDT by JDW11235 (I think I got it now!)
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To: blam
#12 Lakshman Achuthan of ECRI: "When I call a recession...that means that process is starting to feed on itself, which means that you can yell and scream and you can write a big check, but it's not going to stop."

http://www.bloomberg.com/video/76372300/

84 posted on 10/03/2011 12:31:21 AM PDT by cynwoody
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To: metmom

I agree. I went on a trip last year, and bought my airline tickets with a credit card. The purchase went fine, and I received no call. Fortunately, it was just a weekend trip, and I was travelling with friends, AND we brought cash with us, because they had shut off my credit card, without even calling and telling me. I went into my bank (local Credit union, actually) about a week or two after I got home and they let me know why they shut off my account (because I had purchased the airline tickets with the credit card, over the internet). One of my friends uses the same credit union, and they did not shut off his DEBIT card used on the same trip (mostly used to buy our outrageously priced meals on the long airplane trips, and for the public transportation tickets at our destination, so no pin number was used), just my credit card used to buy our tickets. That seemed odd to me. (But I have heard that debit cards don’t have the same fraud liabilities, so maynbe they didn’t care as much?)


85 posted on 10/03/2011 12:33:13 AM PDT by JDW11235 (I think I got it now!)
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To: caww

“which for them we have “white” gold which looks like silver...keeps them happy.”

And it doesn’t have to be polished as often!


86 posted on 10/03/2011 12:34:49 AM PDT by JDW11235 (I think I got it now!)
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To: Nailbiter

bfl


87 posted on 10/03/2011 12:47:52 AM PDT by Nailbiter
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To: Pearls Before Swine

Because the German Parliament attached conditions and laws to the increase in funding that effectively mean this is the last trip to the well. Merkel won’t be able to engage in many other “stabilization” schemes without a vote from either the parliament or a general vote of the people.

Remember, the German people were never given a vote on the Euro or integration into Maastrict. It was just shoved down their throats. Other nations got a vote.

Now that bit of political high-handedness is coming back to bite the Euro project in the buttocks.


88 posted on 10/03/2011 12:54:16 AM PDT by NVDave
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To: cherry
"is my money in my roths and 401 worth anything?....I’m not old enough to take it out without a penalty and taxation and then again, what would you do with it anyway."

I wish I could answer that one but can't. Just call me chicken. Some investment managers/advisors are the best way to go in volatile markets, as the better ones collect much research and move their clients rapidly enough in this environment. ...wish I could help more. Their advice to a particular investor would also depend on how much the investor is trying to hang on to, among other things (e.g., some of the biggest investors recently advised toward large agricultural properties).

Generally, this appears to be a good time for saving, because prices of many things haven't really fallen, yet, while we might be headed in a deflationary direction. But then that could change very quickly with sudden policy changes (desperate stimulus/QE attempt for quick currency inflation, etc.), reactions from other nations (currency tussles and the like) and many other possibilities.


89 posted on 10/03/2011 1:00:54 AM PDT by familyop ("Don't worry, they'll row for a month before they figure out I'm fakin' it." --Deacon, "Waterworld")
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To: blam
That is great. Why haven't the POS Islamists killed her yet?

1 of 3 - Must hear Ann Barnhardt interview - http://www.barnhardt.biz (link in info bar)

90 posted on 10/03/2011 1:09:48 AM PDT by meadsjn (Sarah 2012, or sooner)
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Comment #91 Removed by Moderator

To: caww

They didn’t ‘reach into’ your terminal. They didn’t return an authorization code which the terminal was waiting for.

That said, the banks and now the govt do have real time access into our accounts. Unless you pay cash they can watch your account and see where you spend your money.


92 posted on 10/03/2011 2:35:49 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Cicero
I’m a bit worried that one of these authorities is named Mohammed, and another is named Atilla

I'm a bit more worried that #1 is Soros.

93 posted on 10/03/2011 4:47:18 AM PDT by bgill (There, happy now?)
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To: paint_your_wagon
If silver and gold are going to be soooo valuable, then why are these experts so eager to sell it?

Who's selling? With high prices, the supply and demand would show supply is smaller than demand which means they're holding on to it. Certainly, it's sell high and buy low but these days you need to keep a larger cushion. It's probably the little non-prepper guy cashing his in more so than the big guys. The big guys might be portioning out a small percent of their holdings for investment purposes but are holding the majority.

94 posted on 10/03/2011 5:00:00 AM PDT by bgill (There, happy now?)
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To: JDW11235; caww; Kartographer
(But I have heard that debit cards don’t have the same fraud liabilities, so maynbe they didn’t care as much?)

I think you nailed it. If it's debit and someone gets the number and wipes out your account, you're the loser, the bank is not responsible.

What's alarming is the amount of control they have and how easily and quickly they can implement it.

If they can do it......

My kids are in some respects, children of technology. They use their debit cards without hesitation. I don't have one. I encourage them to use only cash but they just roll their eyes and make excuses.

Besides, when you see the cash leave your hand, it's going to put a bigger brake on the spending than constantly debiting everything.

95 posted on 10/03/2011 5:58:57 AM PDT by metmom (For freedom Christ has set us free; stand firm therefore & do not submit again to a yoke of slavery)
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To: Stentor
"If your holding on to your pennies, make sure they're dated 1981 or before. "

OR,

Convert them to nickels:

Why You Need to Own Nickels, Right Now

96 posted on 10/03/2011 6:11:07 AM PDT by blam
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To: metmom

I have a check card from my bank. I never use it as a debit card, I only process it as a credit card via Visa. It’s still debited from my checking account, but Visa processes it and that gives me the same fraud protections as a regular credit card.


97 posted on 10/03/2011 6:46:39 AM PDT by AFreeBird
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To: F15Eagle
The software just refuses to authorize the transaction at their end when it sees multiple similar transactions.

I see, so then our company terminal is set up to freeze the transaction should their be a denial...not their bank.

I agree things are pretty much set for the Anti-Christ to control internet transactions when his time comes. The Nations are certainly in motion on the World Stage for his arrival. But I also consider we learn about happenings at a much faster pace then years ago so events appear to be occcurring at a faster pace. Even so, it is an interesting time to observe how true to Gods word things are developing.

98 posted on 10/03/2011 7:07:49 AM PDT by caww
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To: driftdiver
Unless you pay cash they can watch your account and see where you spend your money.

Our company tracks your purchases anytime a credit card is used...and many companies do that as well.

99 posted on 10/03/2011 8:04:45 AM PDT by caww
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To: blam

Bookmark


100 posted on 10/03/2011 8:27:34 AM PDT by mmanager
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