Listen to the smartest guys on capital hill

Back in July 07, they said sub prime would be a small problem and not affect the economy. Back in March 08, they said the tax cut would stimulate the economy and improve things, and BSC rescue would be all that's needed. Did any of these guys see this coming? No. Do we trust these guys to craft a solution? If they couldn't even see the problem in the first place, what confidence do we have that they can craft a solution that would fix this? Or can they really jack things up even more? If the US Government was run like a private company, and your manager didn't see a problem that could potentially bankrupt the company.. and they had several opportunity to fix it and they couldn't.. and on the verge of bankrupsy they announce something very drastic... You would FIRE the management. But I digress, because I know this isn't the first time such a thing has happened, and as I said before, we are on the way to WW3. The only way such calamities are forgotten is when a greater disaster is knocking on your doors. You heard me say many times before that WW3 was coming, and maybe you thought I was joking. I am not. I have studied many financial panics in the past and all of them lead to war in one way or another. I also know how smart guys like Peter Schiff, who predicted this mess, are constantly ridiculed (even now) and ignored. I saw him on CNN today and the other two guys basically waived him off when they were clueless of the magnitude of this problem. That's how I feel about this WW3 stuff.. its us Cassandras that always get waived off and look what happened to Troy. I will give you what I think will happen. WW3 may not be called WW3 but it will be, in essence. We will not go nuclear, but there will be enough killing and worry that you won't think twice about this financial mess. Globalization, as you know it, is about to die. Your cheap shrimp from Vietnam, your cheap goods from China, cheap energy from Russia, are all about to END. My advice to you? Don't buy gold. You can't eat gold. At some point later, much later, yes it will be useful. Buy land. I don't mean houses, I mean land with water you can farm on. Hell even to raise grass on to feed the cows, I don't care. Buy companies in the US that are knocking on the door to the graveyard because of cheap foreign competition. As I said, cheap foreign competition is going away and someone in the US will need to provide those materials. You want a specific item? Tungsten. It is abundantly available in China and therefore this metal has virtually stopped mining in the US. Tungsten is required for tool making and for armor penetrating munitions. We gonna need a lot of that. And learn to live lean and modest. I always do despite being more fortunate than others. Your friends, family, neighbors may need some help too in the coming years.

Much appreciate you taking the time to post this DC. I like to prepare for the worst and hope for the best. I think that another war on the scale of WWII with threat of going nuclear will be just about the worst thing that could happen. You still think it's gonna start in Russia or in that general region? I think there is a lot of potential for things to ignite in India. Nuclear weapons, large proportion of population under 45, economy soon to be in ruins, tension with a neighbor who is also nuclear, totally corrupt government...and so on.

Much appreciate you taking the time to post this DC. I like to prepare for the worst and hope for the best. I think that another war on the scale of WWII with threat of going nuclear will be just about the worst thing that could happen.

You still think it's gonna start in Russia or in that general region?

I think there is a lot of potential for things to ignite in India. Nuclear weapons, large proportion of population under 45, economy soon to be in ruins, tension with a neighbor who is also nuclear, totally corrupt government...and so on.

Russia fits all the criteria of pre WW2 germany. Did you not see they are increasing their defense spending another 25%? Did you not see their market crash and their economy about to collapse? Did you not see a once great nation humbled after losing the cold war, and go through a 98 collapse to be reborn with an old style leader who is much loved and wants to reunite the Russian people who are scattered after post war division?

There is no blame on who will start this. It's just a part of the great cycle (circle) of life, like Mufasa told Simba in the Lion King. But yes, the historians will blame Russia because they like to point a finger at a specific person as the trouble maker as if the rest of us were innocent.

Watch for Russia to take over rest of Georgia before they are admitted into NATO this December. Watch Russia invade Ukraine and then the Balkins. Watch Russia and China duke it out over Mongolia or one of the other ex-Soviet states that border between them.

There are always war drums in the distance.
I hope they stay there.
Two Russian bombers land in Venezuela
Russia to help Cuba build space center
Nato plots rapid reaction force for 'next Georgia'...
Russian minister says war with United States not possible...

That last one is the scariest!

Edited by Rogerdodger, 19 September 2008 - 11:26 PM.

Correct on the war, wrong on the enemy. It won't be Russia. At worst it will be another cold war, similar to former USSR. Putin and bunch are the same dudes from the old Soviet evil empire. They are cunning enough to know a hot war with USA is a non-winner for them. We have too many nukes on submarines which are always on the move, not to mention hardened silos full of ICBM's. The next war will be with people who don't give a damm about losing or dying. Their religion rewards them lavishly in heaven when they die fighting for religion. But the war won't start until they have nukes ready to go. We must have parity.

This is not to add to the recent market firestorm, but seperate from. I fully expect to wake up to headlines, within 8 to 18 months, that Israel has bombed the nuclear sites in Iran. The noose is tightning around their (our) necks and at this point there seems to be no alternative. They ain't giving it up.

Listen folks, I didn't post this because I have some biased political agenda or because I have some personal opinion about how things will go. The view point I made is a direct correlation to the 1930s model I have been talking about for some time. It's sort of a puzzle for me to figure out because history is repeating in a very similar way to the past. I am not interested in your opinions about how you feel about people of Russia or Iran or whatever. Those are your own personal analysis based on whatever means you do. My analysis is very specific and it relates directly to the stock market pattern from the past. I have said many times that the historical markers and price patterns are matching EXACTLY and I have extrapolated to their conclusion based on this same thought process. Please do not post your own crap that will get this post deleted. Leave it as is so others can read it and ponder about what I have said. For whatever reason, history appears to be repeating very closely to what occurred in the 30s and the logical conclusion to that will be an era of conflict. You can do your own homework and if you are convinced like I am that the conclusion may either be unavoidable or high probability, you will take appropriate measures to prepare. As I said before, there will be a sucker rally. Everything will seem OK. The market will fly higher and everyone will proclaim a new bull market right up into the time when globalization comes to a screeching halt in december/january time frame. I'm not about to write an essay giving you all that I have collected, its not that hard to find if you do the search yourself. I am merely a messenger and I may not be right. But I'm here to share these ideas because I find it very interesting and perhaps too important to keep to myself.

Excuse me? Let me get this straight. You open with a multi-paragraph post outlining the coming WWIII and telling us we can't eat gold without ever defining who the enemy will be, then you chastise subsequent posters for talking about possibilities in a specific sense because you don't want to get your thread shut down. For real? I think the moderators ought to shut down the thread on general principles. Sounds like politics to me. U.F.O.

Excuse me? Let me get this straight. You open with a multi-paragraph post outlining the coming WWIII and telling us we can't eat gold without ever defining who the enemy will be, then you chastise subsequent posters for talking about possibilities in a specific sense because you don't want to get your thread shut down. For real? I think the moderators ought to shut down the thread on general principles. Sounds like politics to me.

U.F.O.

I'm not here to be your money manager. I'm not even here to sell you any services. I sent you a chart before the collapse of Nasquack which you promptly ignored while I was shorting your buying spree. I'm not here to waste my time to try and convince people like you that I may be right because no one's gonna listen anyways and I'm not going to make 1 dime if I did convince you regardless.

So if you want the post deleted, I don't give a crap. I have a blog, a number of readers that serve as witnesses to the ideas I have and trades I've made using it. Just because I've made a buttload of money this year doesn't mean I'll be right using these ideas going forward. But perhaps some are interested in reading about it, and I am putting some effort to keeping it outside the realm of stupidity that it generally degenerates into. But that's about all I'll put in.

Your Honor...I rest my case. U.F.O.