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CAUTION: Monetary System Collapse (Youtube K. Denniger)
Youtube ^ | 15 September 2009 | Karl Denninger

Posted on 09/15/2009 9:10:33 PM PDT by Errant

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To: Errant
US Credit Shrinks At Great Depression Rate Prompting Fears Of Double-Dip Recession


21 posted on 09/15/2009 9:55:25 PM PDT by blam
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To: firebrand

That is exactly what the democrats did in Viet Nam...they are piles of bull, and our soldiers suffer for it....


22 posted on 09/15/2009 10:03:54 PM PDT by goat granny
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To: blam
Some say there is an inflation/deflation tug-of-war taking place. Prices of items that rely on consumer demand will fall while gold and silver due to serving as an alternative currency will soar.
23 posted on 09/15/2009 10:04:22 PM PDT by Errant (`)
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To: Errant

Wish he would tell us where we should we put our money.


24 posted on 09/15/2009 10:07:39 PM PDT by freespirited (Liberals are only liberal about sex & drugs. Otherwise, they want to control your life. --DHorowitz)
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To: Errant
"Some say there is an inflation/deflation tug-of-war taking place."

I agree.

I think food is one of the items that will inflate in an overall deflating economy...oil may inflate also.

25 posted on 09/15/2009 10:13:52 PM PDT by blam
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To: Errant

I think we’ll get another deflationary slide as the damage of ever-increasing unemployment begins to be felt in earnest. Then we’ll go into hyperinflation as the presses keep running to fund all the leftist wet dreams and parasitic government employees. Basically, if you can go into another stable currency (and country), you can make a killing buying hard assets during the coming collapse.


26 posted on 09/15/2009 10:14:23 PM PDT by Trod Upon (Obama: Making the Carter malaise look good. Misery Index in 3...2...1)
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To: Errant

Placemark


27 posted on 09/15/2009 10:15:15 PM PDT by Darnright (There can never be a complete confidence in a power which is excessive. - Tacitus)
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To: freespirited
FWIW, Gerald Celente says he is 80% in gold. The rest equally between the dollar and the euro.

There are plenty of other investments.

28 posted on 09/15/2009 10:23:59 PM PDT by Errant (`)
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To: blam

I agree with you on food prices. I’m not too sure about the price of oil at least in the short term.


29 posted on 09/15/2009 10:25:56 PM PDT by Errant (`)
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To: allmost

He is not far wrong when it comes to the Obama playbook.

It was written years ago for anyone who wanted to take any nation into communism the surest and quickest way was to debase the currency. This can be accomplished by huge debt. Basically , you bankrupt the country.

Thus it is that silly dude is not that silly.


30 posted on 09/15/2009 10:28:43 PM PDT by himno hero
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To: Trod Upon

I’m with you and will buy gold and silver if the price falls some as I expect it might if the equity markets tumble. With some of the other hard assets, there may be a longer wait for prices to rise.


31 posted on 09/15/2009 10:28:55 PM PDT by Errant (`)
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To: himno hero

I agree with you.


32 posted on 09/15/2009 10:30:28 PM PDT by allmost
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To: allmost

Too many self appointed “ Blabbers” in the news today.I wish they would publish a list of their life time accomplishments before posting themselves as the great “ Know it all::


33 posted on 09/15/2009 10:35:39 PM PDT by BooBoo1000 (Some times I wake up grumpy, other times I let her sleep/)
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To: Errant

I’d like to se, hickup what the hell....


34 posted on 09/15/2009 10:43:28 PM PDT by allmost
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To: BooBoo1000
i have a feeling your accomplishments far out way theirs.
35 posted on 09/15/2009 10:45:38 PM PDT by allmost
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To: BooBoo1000
Here ya go: Results 1 - 10 of about 526,000 for karl denninger bio.
36 posted on 09/15/2009 10:47:33 PM PDT by Errant (`)
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To: Palin Republic
Gold stays at $1000.

Gold and Silver are cranking right now. Gold = 1,015. Silver = 17.25 .

37 posted on 09/15/2009 11:09:43 PM PDT by justa-hairyape
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To: Errant

Hyperinflation nation

http://news.goldseek.com/GoldSeek/1253081100.php


38 posted on 09/15/2009 11:13:13 PM PDT by djf (I ain't got time to read all the whines!!!)
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To: justa-hairyape

Wow, I believe the previous record high for Gold was $1,011 and for only a brief moment.


39 posted on 09/15/2009 11:13:57 PM PDT by Errant (`)
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To: Errant

I thought we would see a pull back, but no head yet. All shoulders so far. Perhaps the Chinese have decided to go all in. Their government just recently encouraged their citizens to buy and own gold and silver. That is over a billion new buyers.


40 posted on 09/15/2009 11:26:28 PM PDT by justa-hairyape
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