A World In Debt

[01cbr]

You're right, I should have advised people to sign up for a degree in economics from an ivy league school instead of advising youtube. Doh!

I have my mortgage broker on standby because he has guaranteed me he will call me the minute it is time to lock. I did want to lock, but a 90minute conference call between myself, my broker and my person I am financially attached too, both of them arguing tooth and nail for variable sadly ended in variable But, I put the difference into bullion every month so I have a back up plan.

Your insight sounds lovely and it would be nice to believe but it seems to be purely speculation based on your reply. While I am certain you are a genius, I would be a fool to listen without more viable evidence. Even with only a BA in Fine Art I can figure that out.

You would also be a fool to listen to all the crap on youtube.
The link above shows what national debts, but what does that really mean?

How long has the US held a debt? Canada? How does that directly impact us as citizens?

I don't try and advise anyone on their investment. Gold? silver? Go ahead! Complete economic crash or not your probably pretty safe with that.

But its kind of far fetched to believe their is a world organization looking to profit off of the economic collapse of the entire world.

Edit:
why so much worry about locking in a mortgage rate? its not like interest is going to quadruple over night.

[FiReSTaRT]

And if the crisis gets to be bad you think you're gonna be able to get your hands on all the gold you bought and paid for? Or even some of it for that matter? Not unless you keep it in your house and even then, how are you gonna move it?

[Red695]

And if the crisis gets to be bad you think you're gonna be able to get your hands on all the gold you bought and paid for? Or even some of it for that matter? Not unless you keep it in your house and even then, how are you gonna move it?

Never buy paper metal. Nuff said.

What do you mean move it? Like carry it around? Or use it as currency? For the later, you can always go to melt, for the other, I workout

Seriously though, vaults are easy to build. And if you own multiple properties and are smart about where you allow people to find your name none of what you said is an issue. Besides, when the apocalypse comes, me and my metal will be long gone.

[01cbr]

Never buy paper metal. Nuff said.

What do you mean move it? Like carry it around? Or use it as currency? For the later, you can always go to melt, for the other, I workout

Seriously though, vaults are easy to build. And if you own multiple properties and are smart about where you allow people to find your name none of what you said is an issue. Besides, when the apocalypse comes, me and my metal will be long gone.

Gone where? To mars? Have you made friends with the lizard people of the Illuminati?

[Gummiente]

****, I was just about to go watch TV. Now I gotta sit here and watch the mud wrestling.

[Red695]

****, I was just about to go watch TV. Now I gotta sit here and watch the mud wrestling.

There's no mud wrestle. Some of us are working without tools....

[Gummiente]

[01cbr]

Before the youtube videos I recommend

http://openlibrary.org/works/OL32685...Macroeconomics

Some base knowledge might have you saying "wait, that doesn't sound right?"

There have to be a couple of people on this board who remember a recession.

[Red695]

Before the youtube videos I recommend

http://openlibrary.org/works/OL32685...Macroeconomics

Some base knowledge might have you saying "wait, that doesn't sound right?"

There have to be a couple of people on this board who remember a recession.

That is so cute

I have an idea! "Disprove" what I have said and come up with a valid argument that you didn't pull out of your *** and I will prove you wrong!! C'mon, I know you can do it!

[FiReSTaRT]

Never buy paper metal. Nuff said.

What do you mean move it? Like carry it around? Or use it as currency? For the later, you can always go to melt, for the other, I workout

Seriously though, vaults are easy to build. And if you own multiple properties and are smart about where you allow people to find your name none of what you said is an issue. Besides, when the apocalypse comes, me and my metal will be long gone.

Ok, so you wanna go out and spend it... People will notice that you're lugging gold around and will be wondering where you're keeping it. They'll eventually find out all they need in order to get it. Hoarding gold works great for those who can afford some serious security to protect it. For regular folk, things are a bit different.

[nobbie48]

So, Greece dumped their austerity government. Overseas markets tumble. Round two of word debt thread begins.

[Gummiente]

Can somebody please let me know when the Apocalypse fires up? I've invested in some precious metal and will need to know when to go get it.

[Red695]

You would also be a fool to listen to all the crap on youtube.
The link above shows what national debts, but what does that really mean?

How long has the US held a debt? Canada? How does that directly impact us as citizens?

I don't try and advise anyone on their investment. Gold? silver? Go ahead! Complete economic crash or not your probably pretty safe with that.

But its kind of far fetched to believe their is a world organization looking to profit off of the economic collapse of the entire world.

Edit:
why so much worry about locking in a mortgage rate? its not like interest is going to quadruple over night.

I get all my info from youtube! It's the best!
.....jk
I work in finance and I need to know things. Youtube is actually a really good resource if you are able to decipher what is ******** and what is fact based. When someone asks me how to find info on bullion or the financial crisis I steer them towards a few choice websites and some commentators who often use youtube as a soap box.
I am sad though...I thought maybe you had some breaking news ...oh well
And yes, you are extremely safe with gold and silver right now. But only physical or Sprotts. This is an unusual time right now in that we are able to very clearly foresee a substantial increase in the value of these metals whether through mere inflation or through gains made by the financial mess in the US and globally. Even in the worst financial disasters, there is always money to be made.

[01cbr]

I get all my info from youtube! It's the best!
.....jk
I work in finance and I need to know things. Youtube is actually a really good resource if you are able to decipher what is ******** and what is fact based. When someone asks me how to find info on bullion or the financial crisis I steer them towards a few choice websites and some commentators who often use youtube as a soap box.
I am sad though...I thought maybe you had some breaking news ...oh well
And yes, you are extremely safe with gold and silver right now. But only physical or Sprotts. This is an unusual time right now in that we are able to very clearly foresee a substantial increase in the value of these metals whether through mere inflation or through gains made by the financial mess in the US and globally. Even in the worst financial disasters, there is always money to be made.

Sorry I don't feel like arguing with the hard headed.

Your in finance? Your first post in this thread was pretty much a cut an paste of the same drivel imkruzen and bluekawi have been cut an pasting for ages.

Bluekawi seems to believe that fuel prices increases are the strictly caused by inflation.....your in good company!

[01cbr]

What do you think the outcome would be if Canada cut government spending to report a surplus for 2013, and steadily raised interest rates to 15%?

[Red695]

Sorry I don't feel like arguing with the hard headed.

Your in finance? Your first post in this thread was pretty much a cut an paste of the same drivel imkruzen and bluekawi have been cut an pasting for ages.

Bluekawi seems to believe that fuel prices increases are the strictly caused by inflation.....your in good company!

Lots of arguing with no real argument on your part. Have fun living scared with your head buried in the ground.

[01cbr]

Lots of arguing with no real argument on your part. Have fun living scared with your head buried in the ground.

I think your confused, fear is your side of the argument.

I have yet to see you post any facts so what exactly am I disproving?

[Red695]

I think your confused, fear is your side of the argument.

I have yet to see you post any facts so what exactly am I disproving?

???