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Old 05-16-2006, 11:26 PM
GoldNugget GoldNugget is offline
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Default HUGE GOLD ACTION and EARTH-SHAKING CHANGE IMMINENT

Very interesting article by by Christopher Laird of PrudentSquirrel.com posted on FinancialSense.com:

HUGE GOLD ACTION and EARTH-SHAKING CHANGE IMMINENT
http://www.financialsense.com/fsu/ed...2006/0516.html

Quote:

In 2006, a consensus has now formed that all of the above events are about to happen, and gold has risen $200 as a result.

The correction in gold this week is merely speculators taking money off the table and is not going to continue. Rather, gold will continue to rise in 2006, and worse, we are going to have a world energy war and very probably a collapse of the USD SYSTEM and all the economic collapses that would follow that.

If I were to say one thing it is this: being in any market today is hugely risky. Be in precious metals. I would not necessarily be in USD positions either, or in USD cash.

The last time there was an economic depression, there was flight INTO the USD in the 1930’s. This time, there is probably going to be flight OUT of the USD. But I think that our economic woes are going to be the smaller worry…rather war and huge energy disruptions are the biggest problem we face in 2006.
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Old 05-17-2006, 12:05 PM
delkulara delkulara is offline
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I direct this at the ignorance of the writer of the article & do not mean to offend you GoldNugget.
But please respond if you wish to.

Quote:
The two fears

Paranoia & fear can destroy individuals that spew it.
Fear is a weakness,a fear card played in the animal kingdom,brings forth predators to stop the panic.
Quote:
The world is about to change radically... in every way, and you and your life are going to be directly affected, and soon too.
In every way?
This is a fearful person who spreads his fear.
If in the water with him panicking would you position yourself next to him as he sends signals of fear & panic to the sharks signaling them to feed upon him?
Quote:
The demise of the USD system will have apocalyptic economic consequence for YOU.
Apocalyptic?This guy is a nut,and any prudent squirrel would eat him.
If what he says was true,then god is about to return,so then why should he panic unless he is not pure in heart mind and soul.

He then goes on to speak of china and russia going to war against us over the middle east.

Quote:
In other words we are looking at a world war coming and also a great depression due to the collapse of the USD system. Your life is about to change radically.
I look around and do not see a world war!or a great depression.
Does this guy have some special glasses like a fortune tellers crystal ball?
Or is he mearly speculating while full of fear?
Wise people avoid fear!even in danger!
Quote:
The consensus is that the USD system is now going to collapse
A consensus = agreement in the judgment or opinion reached by a group as a whole/general agreement.
This nut has an opinion based on personal speculation & not a consensus.

If there was a consensus I would see it spoken about far and wide,from wall steet to the busness news reports,all would be hot on this topic if it were a consensus.
Quote:
The consensus has formed and gold is telegraphing this
And his gold speaks to him?it is telegraphing him.
this guy needs to have a psyciatric evaluation,as this is a proven sign of schizophrenia.
Quote:
The consensus is: the fears we have all had about economic Armageddon are now at hand in 2006.

Now he moves to armageddon fears.
If god is about to return,this is a good thing not a thing to panic about unless you are not on gods side.

I find this article offensive to my intellegence as any factual knowledge found within is clouded by the writers fear & propaganda tactics.

Peace and Aloha
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A wise man does not need to be told
or be bold to know
to keep & hold the oldest of metals,
foldable while cold.
The metal called gold.
In so many fascinating forms & molds it is sold.
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