I saw a commercial on tv stating how f'd we are and gave a web address to watch a video clip. It's about 20-30 mins long but it is shocking.
I hope this guy is dead wrong...
http://www.stansberryresearch.com/pr...49/6PSIM633/PR
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I saw a commercial on tv stating how f'd we are and gave a web address to watch a video clip. It's about 20-30 mins long but it is shocking.
I hope this guy is dead wrong...
http://www.stansberryresearch.com/pr...49/6PSIM633/PR
I'll wait for the cliffsnotes.
I was just looking for the video on that page and couldn't find it. Do you have to pay for it or is the video somewhere else beyond my google-fu?
Is this the video? I can get it take a little time to get all of the pieces.
Stansberry Survive and Prosper in USD Collapse
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The US dollar is in its final days as the worlds reserve currency. Are you positioned to stay afloat in the ensuing global crisis?
Stansberry Investment Advisory present a 77 minute video presentation explaining the current economic state the inevitability of the US dollars collapse. Be informed and forearmed with 5 special research reports on how to make the most of the imminent devaluation and demise of the US dollar.
The Gold Investors Bible. My firm recently put together the most comprehensive gold resource in America. Its 120 pages, and explains dozens of secrets and inefficiencies in the gold market. For example: How to buy gold with ZERO dealer mark up how to earn interest on your gold holdings how to actually pay LESS than current spot price where to store your gold when to sell and much more.
Secrets of the Silver Market. I expect silver to soar at least 400 to 500 above todays price, over the next few years. This thorough report shows you the best ways to buy, hold, and store silver. Ill show you how to get really cheap silver, straight from the U.S. government and even a way to store it cheaply in a private Swiss vault, if youre interested.
The Stock Quitters Secret The Easiest Way in the Markets to Make 100. To me, this is the easiest and safest way to make a lot of money in the markets right now. And this unusual trading technique will get even more valuable as the looming currency crisis hits. Not 1 in 1,000 Americans knows this secret, but Ill explain exactly how it works.
The 4 Investment Assets You Do NOT Have to Report to the U.S. Government. Desperate governments do incredibly desperate things, so you should make sure you own at least one or two of the valuable assets that you do not have to report to the government. This is completely legal, and vital to getting rich in the coming currency crisis.
The Worlds Most Valuable Asset in a Time of Crisis. Gold and silver are great investments right now but there is one asset thats even safer, and potentially more profitable. It has nothing to do with precious metals, stocks, bonds, or anything youve probably considered before. The numbers behind this asset are just incredible. It has crushed the returns of both stocks and gold by more 4,000 over the past 40 years and has not had a down year since 1987 (when it went down 0.3).
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You see, the U.S. government has one very important weapon to use in this crisis: It is the only debtor in the world who can legally print U.S. dollars. And the U.S. dollar is what's known as "the world's reserve currency."
Well, not exactly true. The US government does not print or create ANY of the money. It is all printed by the Federal Reserve (A privately owned bank if you didn't know).
Here is a simple vid of how the fed works and how it controls the money supply. It gets real Tin foil hat stuff in there too, but an interesting vid none the less.
One of the main reasons there was an american revolution was our founding fathers opposing the central bank of england.
Quote from Thomas Jefferson:
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If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered."
Herbert Hoover said later in his life that one of the worst things that could have ever happened to this country was for him to have signed the Fed into law in 1913.
I have been reading up on things like this lately. Mainly because I want to educate myself, and I really didn't know much at all about how the money system in our country works. Once I learned a bit it just makes you want to puke.
Here is a conundrum for you. So, the Fed controls the supply of money. So, to make it simple, there is only $100 in existance right now. I (the fed) loan that $100 to you (the USA) at interest. So now you have in your possesion the entire $100. Well, fast foreward one year, now it's time for me (fed) to collect on my loan, so I'll go ahead and take that $110 you owe me. Since there is only $100 in existance, you can't pay. It's ok, I don't mind. Here, I'll create another $100 and loan it to you (at interest of course. So, now there is $200 in existance (backed only by the promise to pay, by you) and next year you just go ahead and pay me the $220 you owe me (remember, only $200 in existance). Funny how that works huh? See how a private bank running the money system and not the treasury really isn't a good thing? There isn't enough money in existance to pay back all of the debt that exists. This isn't jsut for the US, this is worldwide (except for the 5 or so countries that do not have a central bank).
Lots of conspiracy and cloak and dagger stuff surround the centeral banks, and who knows if any of it is true (I'm not siding with the conspiracy theorists, but it is good reading). I find it interesting an appalling at the same time as I learn more about money.
Now, I may be WAYY off base here. I know very little of economics, and if I am wrong, I would appreciate some sources of things to read that would point me in the correct direction.
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Originally Posted by jscwerve
Good ole T.J. really didn't say that. Don't believe everything you read in an email forward.
http://www.monticello.org/site/jeffe...anks-quotation