We'll think back to the cheap easy days of $3.00 a gallon gasoline (which is now over $5)
We'll shudder at the devastation in Israel, Palestine, Syria, Iraq and Iran - all having suffered great damage in The Five Day War
We'll be amazed that it takes $2.50 to buy a Euro, $3.15 to buy a British Pound
We'll be glad that President Bayh pardoned Bush and Cheney so that we could move on
We'll wonder if the Dow will be able to rally and hit 8,000 again
We'll fondly recall easy days at the now-destroyed Disneyland and Sea World parks in Florida
We'll be upset that Social Security benefits don't start until age 75 in a few years
We'll wonder how our kids will ever be able to pay off the $11 Trillion Reagan/Bush debt
And we'll laugh so hard at ourselves that some poor schmuck paid $800,000 for a one-bedroom condo in Miami (now worth $150,000)
60 comments:
We'll be amazed that it takes $2.50 to buy a Euro, $3.15 to buy a British Pound
I am bearish on the dollar, but I don't see this happening. The dollar will be ground away to seemingly nothing, but the pound and the euro will not be far behind. Foreign currencies are not a safe haven long term.
We'll laugh at the days of $3 gasoline wondering what all the fuss was about
We'll be smug that it takes $1.00 to buy a Euro
We'll be glad that President Rice shut down the Democrat Congresses witch hunt in the previous administation
We'll wonder if the Dow will be able to rally and hit 10,000 again
We'll fondly recall when you could buy hurricane insurance in Florida
We'll be upset that Social Security benefits don't start until age 77 in a few years
And we'll laugh so hard at ourselves that some poor schmuck paid $800,000 for a one-bedroom condo in Miami (now worth $80,000)
We'll laugh at the days of $3 gasoline wondering how it was like to drive and own an automobile.
We'll be smug that it takes 5.00Yuan to buy a 1 Euro
We'll be glad that our Prime minister (onehunglow)shut down the Democrat Congresses witch hunt in the previous administation.
We'll wonder if the Shanghai Stock Exchange will be able to rally and hit 10,000 again
We'll be very greatfull that we can buy hurricane insurance in china town florida
We'll hope that we make it to 77
And we'll laugh so hard at ourselves that some poor schmuck paid $800,000 for a one-bedroom Hut in china town when he could have bought a junk for 80,000 yuan (now worth $5000)
We'll be glad that President Rice shut down the Democrat Congresses witch hunt in the previous administation
Nah, I don't think we'll get another former Halliburton operative in the white house.
We'd rather shut down all the evil oil companies and live in caves the way the Democrats want it.
Maybe we can let British Petroleum take over. They're only charging $6/gal for gas over there and their government is run by the Liberals
We'll sell our silverware and wedding sets because Gold is $1500 and silver $100 an ounce.
Our country wont make anything because raw material all used up by China.
Robert Coté said...
"We'll laugh at the days of $3 gasoline wondering what all the fuss was about
"We'll be smug that it takes $1.00 to buy a Euro
"We'll be glad that President Rice shut down the Democrat Congresses witch hunt in the previous administation"
This is one of the only guys on this blog who consistently makes sense.
But, what do I know? I voted for Nader, and according to the Democrats, COST THEM THEM ELECTION. Never realized I was omnipotent, and could have sold my vote for trillions.
Darn.
President Rice?
You wish!
The Republicans jumped the shark when they appointed the current dodo - dodo being the correct metaphor for a vanished breed.
Rice says she doesn't want to be president.
The GOP may be done for a generation or more- Ms Rice is a pompous oaf-who is arrogant and a stooge and flunky of the Bush family .....
After GW we all deserve more then her-
Do you believe the Fed claims that inflation is at .1%? When they stop raising rates, inflation will spiral out of control. It looks like they have decided to inflate their way out of this mess. It's time to load up on precious metals and oil. The smartmoney knows what is going on and that is why natural resources keep going up. They're not going to sell us their valuables for our worthless dollars. I see oil hitting $100 this year and gold will be over $1000 with silver hitting $25. Maybe the IMF can bail us out this time.
But the trick here is to have actual metals not EFT cause in reality EFT's are just as green as the dirty paper in your pocket..IE: PAPER!
I bought 100 ounces of silver many many years ago and have sat on it a long time...good to see it grow!
sold some partial shares of mutual funds today- market is up- good timing- into CD's some diversified bonds, Oil funds and money market.
the dollar is dropping like a rock- inflation WILL spiral out of control.
Excuse me ETF
"The GOP may be done for a generation "
The Dummycraps are also in the toilet. So who does that leave in charge? Hitlery Clinton? HAHAHAHA
Hillary's Village People will raise your children so you don't have to worry about that anymore. She'll also give you free medical care. She'll be the Fidel Castro of America. She'll also shut down all our evil oil companies and let France take care of our energy concerns. They only charge $7/gal over there. I think Jacques Chirac is on Halliburton's payroll.
We won't have to worry about her sending hurricanes to kill black people either.
The best Presidents are the reluctant Presidents. President Rice and VPres Watts will have us set straight so fast they'll promise to dedicate the remaining 3yrs 11 months and 3 weeks of their first term to saving the wildlife. Seriously, the next President is going to be whomsoever challenges Rodahm in the general election.
The dollar will go first but it is still a case of the US sneezing and then the world catching cold.
"We'll wonder how our kids will ever be able to pay off the $11 Trillion Reagan/Bush debt. We'll wonder how our kids will ever be able to pay off the $11 Trillion Reagan/Bush debt"
No bias in this post - I guess those 8 years of the Clintons (and yes the national debt still went up during those years - from about 4 Trillion to about 6 Trillion) don't count. I guess those eight years where terrorist felt absolutely no danger from a "What do the polls say" American President had nothing to do where we are now...
THE FED
A tale
of doves
Central-bank policy setters agreed interest-rate increases were coming to an end, meeting minutes show
LOOK! MORE INFLATION FROM HELECOPTER BILL
LOOK! MORE INFLATION FROM HELECOPTER BILL
And this is a surprise..with the way metals have been going up this is a no brainer...I hope everyone is prepared for $10 tomato sandwich
Robert Coté said...
"The best Presidents are the reluctant Presidents. President Rice and VPres Watts will have us set straight so fast they'll promise to dedicate the remaining 3yrs 11 months and 3 weeks of their first term to saving the wildlife. Seriously, the next President is going to be whomsoever challenges Rodahm in the general election."
I would vote for the brilliant and always diplomatic Rice over the brilliant and habitually bitchy Clinton, but I prefer somebody new, fresh, and original. Also somebody who actually cares about the environment. Somebody from a minor party, or no party, would be my first choice.
Anonymous said . . .
"No bias in this post - I guess those 8 years of the Clintons (and yes the national debt still went up during those years - from about 4 Trillion to about 6 Trillion) don't count. I guess those eight years where terrorist felt absolutely no danger from a 'What do the polls say' American President had nothing to do where we are now..."
You got that right. Clinton's budget surplus (not to be confused with a REAL surplus) was a direct result of the Internet stock bubble (yes, THAT Internet: the one that GORE invented), and as fraudulent as he.
oil at 71 plus a barrel gold at 620 an oz
market up 192- whtf?
After 8 years of the far right- we need a change- we need progressive reform not more saber rattling and right wing idealogy- as for health care I pay over 360 bucks a month for an HM0- and get crappy coverage- overpriced? yes we need healthcare reform and the DEMOS are the only ones who want to stop giving a free lunch to the rich and corporations- sorry RC you are dead wrong- after 8 years of an idiot like Bush at least a bitchy Hillary is better then the born again white trash we have had the last 6.
You may be right skytrekker, but Hillary's last attempt at reforming health care was a hoax designed to enrich her and her husband (and the Democratic Party which charged insurance company lobbyists a fortune to participate in her closed, rigged committee), and a handful of insurance companies at OUR expense. And it was nothing but a giant HMO plan too. You would probably have ended up paying more than you do now.
Don't forget that the Democratic Party is the party that SUPPORTS the insurance industry.
It's been a while, but I used to have a CIGNA HMO through my employer, and it was pretty good, and covered virtually everything. I don't know if CIGNA is still good or even around, but I would check it out.
We need another 8 years of ignoring al Qaeda and letting them get stronger like they did during the 1990's.
Al Qaeda did not exist in 1992. By 2000, they were the most powerful terrorist group in the world, surpassing Hamas and Hezbollah. The regressive leftists want to stop fighting them and go back to the good old days when we let them blow up our bases, embassies, and buildings without retaliation.
1993 WTC bombing - no retaliation
1995 Khobar Towers bombing - no retaliation
1998 US Embassies bombed - fired a missile at empty tents
2001 USS Cole bombing - no retaliation
During those 8 years no even one al Qaeda terrorist was killed and maybe a dozen were arrested. All the while 50,000 terrorists openly trained at the al Qaeda camps in Afghanistan ans Sudan.
Now the regressive left wants to sign a peace treaty with the terrorists like Neville Chamberlain signed the Munich Treaty with Hitler right before WWII started.
If you want government healthcare then go to Canada or Cuba and stop whining like a little f@g
You chose the lifestyle, so pay for your own AIDS medicine, heart transplant or lung cancer treatment.
My manufacturing plant can’t keep up with the demand. Our materials have doubled, tripled or more. I recently paid a vendor double to get a job done because of the competitive environment. It did not help; someone came in behind me so I got bumped. I have to raise prices, inflation is out of control. I am getting out of paper dollars and into raw materials that I can make into product that is clearly inflationary.
How the HELL can they say its time to stop raising interest. Inflation is out of control. There will be a big price to pay down the road. This is the bigest screwing ever for The American people!
Anonymous said...
"If you want government healthcare then go to Canada or Cuba and stop whining like a little f@g
"You chose the lifestyle, so pay for your own AIDS medicine, heart transplant or lung cancer t"
This is harsh, and probably a fake letter from someone trying to make the anti-socialized medicine side look bad, so I'll just point out that if one eliminates the middleman (insurance industry), and puts a cap on doctors' outrageous salaries, health care could actually be relatively cheap.
Do you believe the Fed claims that inflation is at .1%? When they stop raising rates, inflation will spiral out of control. It looks like they have decided to inflate their way out of this mess. It's time to load up on precious metals and oil. The smartmoney knows what is going on and that is why natural resources keep going up. They're not going to sell us their valuables for our worthless dollars. I see oil hitting $100 this year and gold will be over $1000 with silver hitting $25. Maybe the IMF can bail us out this time.
The middleman will always be there. Either companies or government. Putting a cap on doctors salaries will just create a shortage of good doctors. You have no clue about the market. How about we have the government cap your outrageous salary?
I think the Fed is lying. They keep saying they will stop raising rates soon but that will never happen. Energy and raw materials costs are going through the proverbial roof - a direct result of the weak dollar. Everything is manufactured and transported using energy and raw materials. How inflation is at .1% is beyond me. Even more amusing is that they don't count food, energy and housing costs when measuring inflation. That's where 75% of your money goes.
1993 WTC bombing - no retaliation
The guys who bombed the WTC back in '93 are serving life terms in prison.
Osama bin Laden, on the other hand, is still free as a bird almost five years after murdering 3,000 Americans.
Sorry, but there's no way that the base of the Republican Party--racists and theocrats--will ever support a black lesbian for the presidency.
"Dummycraps." "Hitlery."
Think up something new, loser.
if dollar depreciates heavily,
does that drive up a stocks price.
not its value but its price?
for example:
assuming all things equal will google be 800 if dollar looses half its value?
dumb question? well im dumb founded by just about everything these days
Interest rates are going to shoot up. They KNOW that but they can't afford to panic the markets and individuals.
That's why they keep going back and forth with the message. One day it's "they're going to have to tighten" the next day it's "looks like there could be an easing".
But we all know where this is realy going: back to the Paul Volker days. Bring it on!
There's no way the party of KKK racism and religious intolerance - Democrats - will allow a black person off their plantation and into the White House.
Al Qaeda and OBL were behind the 1993 WTC bombing you idiotic dolt. All Feds did back then was catch the low-level guys who did the dirty work. Since the 9-11 hijackers are all dead, there is no low-level guys to catch. Are you really stupid enough to believe that those six guys got together and hatched out that plan with no outside help? I guess so
DummyCraps - the party of Jesse Jackalson and Robert KKK Byrd.
Racists of all kinds are invited into that leftard hate-fest.
assuming all things equal will google be 800 if dollar looses half its value?
It still goes back to EPS
If the DemoRat scumbags are out of power, then things couldn't be all that bad.
panicearly - the dollar weakening against foreign currency A drives up the dollar denominated price of a stock in foreign country A, as it takes more dollars to buy it.
same with oil, same with gold - both denominated in dollars worldwide
so, if you believe dollar will drop, invest in things that'll cost more just because of that fact.
but that does not include US stocks
>>>Al Qaeda and OBL were behind the 1993 WTC bombing you idiotic dolt. [wingnut drivel snipped]
So why hasn't your boyfriend caught Osama? As much as he loves to strut around in his pretend soldier getup and yammer about being a "wartime president," you would think he would have at least some interest in taking out this country's worst enemy.
Instead, he let Osama get away so that he could go after Iraq, and now we're stuck in somebody else's civil war.
What an idiot!
silverisgood said
I bought 100 ounces of silver many many years ago and have sat on it a long time...good to see it grow!
I sure hope you have more silver than 1oo ounces!! Or maybe you should change your name to
Ionlyown100ouncesofsilver.
haha, I mean what are you talkin about $1300, a paychecks worth of silver?
Why didn't your girlfriend catch OBL from 1992-2000? Eight years and your girlfriend managed to create the internet bubble that popped, got a blowjob in the Oval Office, got himself impeached and let al Qaeda leaders build up their army of terrorists.
Yes, you are an idiot along with your leftard girlfriends
If the USD drops then imports get more expensive, so I don't know if I would invest in foreign companies that depend sales to the US. I say oil and precious metals are #1
>>>got a blowjob in the Oval Office
You know, if these people were getting any action themselves, they wouldn't be so obsessed with Bill Clinton's dingus.
But I guess it's hard to find action when one spends all his time in mom's basement, surrounded with empty Cheetos bags, posting ignorant drivel on the internets.
Powell/Rice, unbeatable ticket. Can you imagine Hillary/Gore trying to compete, now that would be a great laugh.
anon wrote "Are you really stupid enough to believe that those six guys got together and hatched out that plan with no outside help? I guess so"
Are you really stupid enough to believe that those six guys got together and hatched out that plan with no inside help? I guess so
This is harsh, and probably a fake letter from someone trying to make the anti-socialized medicine side look bad....
No, it's authentic. It has the peculiar combination of ignorance and hatred that defines the modern day wingnut.
The intellectual conservatism of Russel Kirk and Wm. F. Buckley is dead--they have been replaced by Rush Limbaugh, Sean Hannity, and Ann Coulter. No need for that cerebral stuff anymore--now it's all about hatred, fear, and ignorance, baby!
silverisgood said
I bought 100 ounces of silver many many years ago and have sat on it a long time...good to see it grow!
I sure hope you have more silver than 1oo ounces!! Or maybe you should change your name to
Ionlyown100ouncesofsilver.
haha, I mean what are you talkin about $1300, a paychecks worth of silver?
Sorry I am not in your catagory as far as investments go...I bet your driving a Hummer also, some of us are not of vast wealth such as yourself I work hard for a living ,and pay cash for everthing I own including my home paid in full as of 2010, so unlike you I can sleep at night knowing my shit is paid in full.
maybe you should change your name to Anonymoass
Idiotic liberals are too stupid to take care of themselves, so they need a nanny. They cry and complain about McDonald's and ice cream being too fatty. DON'T EAT IT, YOU IDIOTS!!! Then they use drugs and have unprotected sex and want the responsible people to pay their medical bills. They are a bunch of brainless idiots and losers who never grew out of their diapers.
WAAAH WAAAH
I need Hitlery Clinton to change my diapers
WAAAH WAAAH
I ate at MCDonald's 3 times a day for a month and now I'm fat. I'm going to sue McDonald's for making me fat
WAAAH WAAAH
Typical libtard idiots
Three billion will die from bird flu and there will be plenty of everything to go around except chicken and shotgun shells.
HEY SILVERISGOOD OR IONLYOWN100OUNCESOFSILVER, It's me ANONOMOASS, hehe.
I didnt mean to be a jerk.
I like what you write about in past post's and I thought you were a big silverbug or something.
Keep up the good work. I have to go back to my gold blog now and make sure the guy posting has more than one gold eagle.
(His name is goldfever) hehe
>>>haha, I mean what are you talkin about $1300, a paychecks worth of silver?
Your paycheck is only $1300?
you guys are mean,
but
you are entertaining.
If Fed really stops raising rates, long term rates could go up to compensate for inflation. Rising long term rates could cause recession, stronger dollar, and lower commodity prices because of lower demand and stronger dollar.
Stronger dollar and lower demand could bring down currenct account deficit.
A housing crash could bring prices down even further.
After the action in POG these last few weeks...
Well in 4 years it may well take 5000 or more of those dollar things to fetch a singe real troy ounce of GOLD.
Silver in the hundreds per once.
Will our PM investements make us super rich or just keep us from loosing our shirts on USD paper assets?
Hey! Very Nice! Check out this website I found where you can make extra cash.
It's not available everywhere, so go to the site and put
in your zipcode to see if you can find something. I found something and make
and extra $900 a month!
http://www.degree-programs-online.info/extramoney.htm
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