It's a Horse-Sh!t, Three Ring, Circus Sideshow.
Ǧâïâ’ś Ğůäŕđïâŋ
Re: Good morning to the beginning of the end of the Euro
It's a Horse-Sh!t, Three Ring, Circus Sideshow.
"The Cure to Cancer grows from right under our feet,
but we are to ignorant to look below our nose"
"Although I Live On This World, I Choose Not To Live In It"
<^~W.F.~^>
"Everything on the Earth has a purpose, Every disease a herb to cure it, and every person a mission. This is the Indian theory of existence".Mourning Dove Salish
conk (17th May 2012), intruth (18th May 2012), Lettherebelight (17th May 2012), Lost Soul (17th May 2012)
Re: Good morning to the beginning of the end of the Euro
Avalon Member
Re: Good morning to the beginning of the end of the Euro
It would not surprise me that within the next 3 months or so as Greece and possible Spain, Ireland and Italy begin repudiating their debt that the European central banks start issuing euros with country of origin on them.
These euros will trade at a different swap rate then others. It defeats the purpose of a unified currency, but keeps EU countries from breaking ties in short term.
Avalon Member
Re: Good morning to the beginning of the end of the Euro
The end of the USD is near also.
Does anyone know any last minute moves of 401k funds for safety besides Gold/silver?
Help!
intruth
Slurpy goodness
Re: Good morning to the beginning of the end of the Euro
You can invest in land, but you just can't live on it or use it until you take it out of the plan.Posted by intruth (here)
The end of the USD is near also.
Does anyone know any last minute moves of 401k funds for safety besides Gold/silver?
Help!
Avalon Member
Re: Good morning to the beginning of the end of the Euro
I just started a thread, probably should just have posted it here..........a small town in Ireland is now accepting the pound.......there is 285 million in Irish pounds still floating around,......this was started by a 21 year old who's father owns a shop in town.......they estimated they received 1000 pounds and more traffic in the store than they would have otherwise.......maybe this is the beginning of something new
http://projectavalon.net/forum4/show...back-the-POUND
Lettherebelight (18th May 2012), nearing (18th May 2012)
Re: Good morning to the beginning of the end of the Euro
I say, good for the Irish. I understand many there are waking up to the fact that the Euro has done them absolutely no favours. Next time they vote, things may come out differently for them...fingers crossed.
Earth Angel (18th May 2012), nearing (18th May 2012)
Avalon Member
Re: Good morning to the beginning of the end of the Euro
Conk,
Yes land would have been wise. My husband does not want to wake up. I've tried. I've gotten him to read about 9/11 so he's on board with that and some other stuff.
He feels the market is likely to crash but that it will recover and he gets plenty of comfort from our broker. I keep telling him we are in truly unprecedented times. I took my 401k $ out of mutual funds and my broker said to put it in an ultra conservative bond fund vs just a money market. Aren't both of these going to be doomed? I did manage to invest in a little silver with a very small inheritance.
I think with what David Wilcock published about the huge amount of gold undisclosed that gold poses some risk. Drake eluded to this in his radio broadcast from Wed? this week. He said to buy silver.
intruth
danceblackcatdance (21st May 2012), nearing (18th May 2012)
Re: Good morning to the beginning of the end of the Euro
Karl Denninger, from the Market Ticker Forum, not afraid to call a spade 'a spade' says,
Posted 2012-05-18 10:05
by Karl Denninger
in International
Trichet Declares War
This is an open declaration of war folks:
Europe could strengthen its monetary union by giving European politicians the power to declare a sovereign state bankrupt and take over its fiscal policy, the former head of the European Central Bank said on Thursday in unveiling a bold proposal to salvage the euro.
That's an open declaration of war and should be responded to in kind.
There is no power superior to that of the budget within a nation. None.
If other nations and firms don't like a government's expression of their sovereign power in the form of their budget they have the right to refuse to lend to it. But there is no claim one can make on a sovereign's budget on a forcible basis -- that is functionally identical to an invasion.
Trichet has just invited a shooting war in Europe, and I predict that if this sort of meme spreads he's going to get exactly that.
View this entry with comments (registration required to post)
http://market-ticker.org/
Now Imagine not Imagining
Re: Good morning to the beginning of the end of the Euro
buy pennies...
The end of the USD is near also.
Does anyone know any last minute moves of 401k funds for safety besides Gold/silver?
Help!
if the dollar tanks and SHTF you can melt them down to make coils to produce energy...
most homes have a wind generator, you only need fan blades attached to a garbage disposal to charge DC Batteries...
mobile home batteries are great for deep cycle...
that's your apocalypse hints for today...
Lettherebelight (20th May 2012)
Die Hard Doomtard
Re: Good morning to the beginning of the end of the Euro
with that much money i'd buy a farm and land in a safe and remote area with very few or no people around and become completely self-sustained. the less visible you are the better. the whole economy will go down the drain and it won't recover for years or longer. by then many who were not prepared for it will be dead. paper money or numbers printed on paper will become worthless. when that happens most people will become desperate and desperate people to funny things to each other. unless you already live in a one-for-all-and-all-for-one community i suggest you use the cash to go off the grid while you still can, ideally in a reasonably safe zone in the southern hemisphere far away from fukushima or any other nuclear power plants.
Conk,
Yes land would have been wise. My husband does not want to wake up. I've tried. I've gotten him to read about 9/11 so he's on board with that and some other stuff.
He feels the market is likely to crash but that it will recover and he gets plenty of comfort from our broker. I keep telling him we are in truly unprecedented times. I took my 401k $ out of mutual funds and my broker said to put it in an ultra conservative bond fund vs just a money market. Aren't both of these going to be doomed? I did manage to invest in a little silver with a very small inheritance.
I think with what David Wilcock published about the huge amount of gold undisclosed that gold poses some risk. Drake eluded to this in his radio broadcast from Wed? this week. He said to buy silver.
Among the blind the one-eyed is a madman.
Re: Good morning to the beginning of the end of the Euro
retail are currently 80% long on gold.. if DW is right about the gold it would also explain why the price has been tanking...
I think with what David Wilcock published about the huge amount of gold undisclosed that gold poses some risk. Drake eluded to this in his radio broadcast from Wed? this week. He said to buy silver.
i don't think the $ is going to collapse right now, maybe after the euro...
but hey who knows for sure eh
intruth (21st May 2012)
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