"We have two economic and financial Americas, one of poverty and advancing poverty and one of sumptuous wealth. The top 20% own 93% of financial assets, which could be the seeds of upheaval. The average family is one or two weeks away from starvation and debt collapse. How do you make up the difference working 34.3 hours a week as gasoline rises from $2.50 to $3.50 a gallon and the price of food advances 50%? If you do not own gold and silver related assets to offset these increases you are just plain screwed. If QE2 isn’t translating into recovery then QE3 is fast on the way. It will be kicked off later this year or in 2012. It won’t work either. Throwing money at a problem never has a positive desired result. Even though other nations have problems the dollar will remain under pressure. The gauge should not be the USDX. It should be every currency versus gold and silver, which are the only meaningful yardsticks. For two years gold and silver have been propelled by a flight to quality. A primary fight between gold and the dollar, which obviously gold has won hands down and will continue to do so. Inflation hasn’t even entered the equation yet, but it will this year and next. That will cause gold and silver to roar to the upside along with gold and silver shares. The elitists who control government are about to lose another battle and in the end the war against gold and silver." - R. Chapman
GOLD AND SILVER RELATED ASSETS ONLY
Back to the money cause massive havoc in any economy, and at this stage is far too early -
This is nonsense! It is possible - but the costs of the powerful - the budget can not endure!
Unless you plan to introduce cannibalism in the U.S. -
Paradoxically, then increase the chances of survival
Maybe they elected Obama because they wanted an outsider. Look, the alternative was McCain/Palin
Why is it when people don't agree with you that they are stupid and you are smart?
Young people tend to vote Democratic. Old people, Republican
"If you aren't Liberal when you are young, then you have no soul. If you aren't Conservative when you are old, then you have no money"
there is two America because there are two types of Americans: those that are hard working and educated, and those that are lazy and uneducated
If you are a high school dropout, why should you be making $100,000/yr?
You've struck some nerves with those statements.
Problem in this country is even those that are educated, are not educated correctly and are "dumbed up" in our system. How many college graduates are completely blind to what is going on in the world today? The Media, The FED, the corporate rule, the Bankers, and not necc in this order...
Too many friggin clueless people, regardless of education background, blinded by the very system in which they believe they are doing well in.
This is in response to the ignorant statement the prior poster made that implies that a High School Graduate shouldn't be able to make a $100,000K a year!
Why not I ask? I didn't go to college because I felt that it would be wasting 4 to 5 years of my life paying an obscene amount of money for that I could learn by reading a book, working for an employer that could help me gain "hands on experience" first hand or by starting my own company and being my own boss.
First off, I was more mature than my high school counterparts, secondly I have no fear and have the drive to make sure I succeeded and Lastly I knew I would come out ahead in the long run if I was financially disciplined and frugal enough!
Case in point....of the 15 people (both women & men) that I hung out with only 3 of them make 6 figures a year or more after getting their B.A.'s & Masters Degrees.
All of them (even the two attorneys) are still paying off substantial college loan amounts on top of the other credit card debts they piled up during college and 3 to 5 years after college that helped them survive!
As for me, I have No debt of any sort and have ran a very successful company that generates over 750K in annual revenue now (12 years running).
I'm not saying don't go to college, but I also encourage high schoolers that are mature and sharp enough to consider working right out of high school because they'll be 4 years (savings, financially & experience wise) of their high school peers that opt to spend their time and money in school over the next 4 to 6 years of their life!
Oh one more thing...Since I took this route..I plan on retiring when I'm on track to do so because of my choice I made early on in life!