Doomsayers Got It Right

[Seajay]

The website leads to an article concerning three very credible and accurate observers/economists who saw the current crisis coming. Also, it gives their predictions of future fallout. To me, it seems that as paper continues to be devalued, commodities have the potential to do very well. It's a little lengthy, but the reader will certainly benefit. Enjoy!

http://www.filife.com/stories/the-doomsayers-who-got-it-right

Seajay

 

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[jim4silver]

Haven't had a chance to read it yet, but I will.

Doomsayers...I like it!

doom·say·er n

One who predicts calamity at every opportunity.

I guess if several thousand 'doomsayers' predicts calamity, one or two just may get it right

Every fiat currency that ever existed has eventually become worthless. Many past governments started out with physically backed "currency" and eventually got rid of it so they could inflate as much as they wanted.

Those fiat currencies that exist today will not exist forever if history repeats. Doomsayer is what they call you when you are ahead of your time in knowledge (sometimes). I bet the Madoff investors laughed at people who bought gold and silver bullion, but who is laughing now (I personally would not laugh at someone who was swindled out of their life savings, but you know what I mean).

Gold and silver have been considered monetary and have been valuable for many centuries. I see no reason why this trend is going to change.

Jim

 

[Bumpstick]

That was a good read.
I hope they are wrong but if the market ever comes back (Break Even) I am out for good.
Silver, Gold, and Energy. I like solar myself.

 

[silvercop]

better get gold and silver now!!!

 

[Seajay]

You all see the prices moving upwards for silver, gold and platinum; better than paper!