TODAY'S DISCOVERY, TOMORROW'S FUTURE

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Message: Re: Can you spell.....
1
Nov 21, 2008 03:21AM
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Nov 21, 2008 03:41AM
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Nov 21, 2008 03:44AM

Lawm Mower..

I see your graphs and raise you one shot of Ripple..

While pumping in the $$$$$$$$$$$$$ would normally be inflationary..I see the world going into a deflationarry period...in other words things will get cheaper,as unemployment rises..(No Buying)

gas prices fall(Check out oil This morning)

Housing going vacant from forclosures and housing starts at zero...

US automakers gone..

Travel and transportation grinding to a halt and mass layoffs of the working world..and the stock market in the tank..

And the enemy at the gate...

Gold will be the only safe haven...and guns..to protect yourself from your neighbour looting your place..

See this..

Gold was 27 percent below a lifetime high of $1,030.80 struck in March, which it has been unable to revisit after selling choked off recent rallies. It hit a two-month high of $931 in October but losses in equities forced investors to cash in to cover losses.

The WGC said on Wednesday investment demand rose 56 percent to 382.1 tonnes for the third quarter of this year as heightened levels of economic and financial uncertainty stirred safe-haven buying.

Gold's performance in the fourth quarter could determine its fate next year, especially as fears of a global recession intensified in the last quarter of 2008, said Grubb.

"Obviously the recession is now coming over to Asia. I am concerned that obviously as things have got worse in Q4, it may impact demand somewhat," he said. Signs of distress in the global economy mounted, with shares in U.S. bank Citigroup Inc (nyse: C - news - people ) plunging on fears about its future, oil prices falling and the future of U.S. automakers hanging in the balance. (Editing by Ben Tan)



These people seem to agree,,

Inflation and resession..

One at a time please...

Portee




Nov 21, 2008 03:46AM
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Nov 21, 2008 03:57AM
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Nov 21, 2008 04:36AM
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