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ProShares UltraShort QQQ Message Board

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  • very_viking very_viking Jul 1, 2008 8:47 AM Flag

    My warning about Credit Default Swaps several months ago

    I firmly believe in our way of life also... I've served my country in war and I'm an old man now that doesn't worry about my personal situation... we're impossible to scare at this age. I've lived through much in my life and I'm thankful that I was able to experience the best of the best of what this country had to offer. But if something does frighten me it's when I try to envision what my children and grandchildren will have to endure as their lives unfold now.

    Goddamn it all I wish that this were wrong!!! This is one prediction that I would give my life to be wrong on... but I know that that's not possible now. We're going where we are going and the best that I can do is to try to jar people awake enough to at least prepare for it. You don't have time to think about preparing at this point... do it NOW. Even if I were to be wrong... having food stores is a no-risk, high reward investment at this point. No matter what happens - a given is that you will continue to eat and buying food while it's still on the shelves now will never be a waste... just an investment. If you're here and can afford to by QID then you can afford to buy food.

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    • I have been storing food for months and will put some additional stores away today. People don't realize that there is only a 2 day supply of food at the stores if the trucks don't come in.

      Good advice Viking. If money gets as worthless as toilet paper people will treat is as such. I think we are in for a meltdown.

 
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