Unfortunately you have the translation correct. Scary indeed--even scarier is the possibility of him being our next President. We all need to be praying for our country and hope that the downward spiral in values will somehow take an upward turn. We need to be vigilant lights in this world. Love to you.
Yes, and even some Christians in other countries have approved of him because the media is selective...they don't know much about him that is negative.
All the more reason to be good stewards and put our faith and trust in the Lord. Even if the economy fails, this life is short and we can deal with whatever happens because we are looking forward and preparing for a better place. Our debt to the Jesus is much greater. That needs to be our focus. Maybe tough times will turn people back towards to God.
i dont know enough to answer why the dollar is increasing there was an article on bloomberg.com and yahoo that gave a few reasons both of which are over my head
alright it seems we have multiple different topics going on at the same time. If i am investing long term, 20-40 years, for retirement. If you truly think that econmic depression like collapse is imenent but we will recover, isnt the best time to by anything is when it is at its lowest? Gold is currently at a all time high, usually the worst time to buy anything, and stocks are currently at a 5 year low, usually the best time to buy anything. Warren Buffet just invested 8 billion dollars into 2 different companines in the last 14 days. With all that in mind, under your scenerio what is the best place to put money in the next year for a LONG TERM investment.??
the graph also shows that the economy is cyclical. and that in aprx 35-50 years we will hit our next peak. thats just about the time ill be drawing out my retirment
Jacob, you said to go out and buy gold coins now...but the price sure is dropping. I think you should have told people to wait, like I'm doing and buying in when gold drops to 500-600 per ounce.
Don't forget to tell people that the banks are selling off their gold/silver reserves and investments to cover their liabilities...so their is huge supply flooding the market.
And, I honestly expect it to go down to $600 dollars at some point before the year is out....it's already been as low as $700....I'm tracking it daily...but then, I could be proven wrong....no one can know for absolutely sure what it will do or when it will hit ($2500).
I'm not convinced that this mess will turn into massive inflation or hyperinflation. I believe there will absolutely be some inflation, but I don't believe that it will be that painful. If the Lord wills it, I will be using my cash and buying a business since I'm a bit past the "investment" stage in my life. Although, I do like the idea of buying some gold coins...and while some gold coins may not be available at coin shops...some of us do travel overseas and can buy gold in other places ;-)
Oh and you always pay a markup on gold ~ $60, thats how gold suppliers make money. No one (except dealers and some paper investments ever pay the spot value). By the way, if there is a "doomsday" situation with American money. Gold will drop in value, I believe. There will be some spike in demand for it, but there will also be a huge spike in supply as people melt down their jewelry. If gold goes up to $2500 an ounce (something I don't expect for 3 years), it won't stay there long. Just some of my humble opinion about the matter. You have to be really careful who you get your information on gold going up to $2500 per ounce, it's usually someone that has a vested interest in you buying gold.
hey jakey! I have a friend who wants to get away for a few months and work at a lodge or something. I was going to see if you knew anyone that could stand a housemate for a few months. I'll try and email or get on facebook or something. love to ya!
Hey there. Well, the moral platform issues are republican, but you are right about him being towards the middle on everything else - but then look at obama. So scary if obama gets in he is wayyyy left & the people he's been associating with, his lack of experience.
Don't get me wrong - I would like a better republican candidate too. Just working with what we have.
some other interesting info on Wall Street....98% of the 5 year periods in the HISTORY of the stock market have GAINED interest...and 100% of the 10 year periods have GAINED money. if you look at the History of the S&P 500...there have been 10 major drops in the last 40 years 9 of the 10 major drops fully recovered in 18months. 6 of the 10 recovered in 12 months.
and what is your reasoning for massive inflation? btw...bloomberg reported yesterday the dollar was at a 13 month HIGH....the US Market has outperformed Foreign Market over the last century significantly...that includes the great depression, the dot com burst, the nixon agnew resignation, jimmy carter...what your saying is that what is happening right now is worse than ALL of those events ocmbined??
so your suggesting not investing in gold futures but to actually buy gold bars ?? are you forecasting that specific fund, FID Contra, along with other domestic funds akind to it will not provide those types of returns, (12%) over the next 30 years?
what was your answer to the second part of the question ..... are you forecasting that specific fund, FID Contra, along with other domestic funds akind to it will not provide those types of returns, (12%) over the next 30 years?
one thing im not quite understanding is if we're talking about investing or saving. if your suggesting saving gold as an emergency fund type then i could somewhat see what your talking about. But as a long term investment it makes no sense. In the book "Stocks for the Long Run" by Jeremy Segail he gives and example if you were to put $1 into bonds in 1801 you would have $13,500. $1 into the stock market = $8.8million. $1 into gold = $14. Fourteen Dollars!? I think i can pay for some $25 a gallon milk out of my 8.8 million. Im missing something.
thats shows that the dollar hasnt been devalued and/or inflation hasnt exceeded that value at which american business (ie the stock marker) has grown. do we haave problems, yea. has the goverment vastly departed from original intent, definatly. But is every business in the US going to stop growing and collapse, which is the only way your forcast makes sense....no. There will be some tuff lessons learned, 10 and 20 years from now some even harder lessons will be learned when all these entitlement programs crash. But I belive our country is strong enough and smart enough to learn and adapt. History shows that this country is the greatest exmple in the free market EVER, a pretty sound investment.
Here is Me and Kristen.
I am no longer single. We have been together about 2 months.
In other exciting news its getting cold here! High of 54 degrees today! My life is about to take a turn for the better... here is a glimpse of things to come.
You are still single...just attached. :) Just a little "mom" clarification. We're making reservations today. It'll be so great to come and meet Kristen and see our baby. Love to you.
Create your 
