Slaydadea

I have to ask myself, "Billions of dollars in who's investments"? Hopefully this is a step in the right direction.

Buying gold and silver is not such a bad idea.

I get posts from NIA regularly. Passing this on for those that may be interested. Bit of a long read but good food for thought. February 3, 2011 Egypt: Preview of America in 2015 The rioting and looting currently taking place in Egypt is primarily a result of massive food inflation and shows what all major cities in the United States will likely look like come year 2015 due to the Federal Reserve's zero percent interest rates and quantitative easing to infinity. On December 16th, 2009, NIA named Time Magazine's 2009 'Person of the Year' Ben Bernanke our 'Villain of the Year', saying he created "unprecedented amounts of inflation in unprecedented ways" and "When it costs $20 for a gallon of milk in a few years, Americans will have nobody to thank more than Bernanke." What started out a few weeks ago as protests in Algeria with citizens chanting "Bring Us Sugar!" and five citizens being killed, quickly spread to civil unrest in Tunisia which saw 14 more civilian deaths, and has now spread to riots in Egypt where 300 Egyptian citizens have been killed. Food inflation in Egypt has reached 20% and citizens in the nation already spend about 40% of their monthly expenditures on food. Americans for decades have been blessed with cheap food, spending only 13% of their expenditures on food, but this is about to change. NIA was the first to predict the recent explosion in agricultural commodity prices in our October 30th, 2009, article entitled, "U.S. Inflation to Appear Next in Food and Agriculture", which said we have a "perfect storm for an explosion in agriculture prices". A couple of months later in 'NIA's Top 10 Predictions for 2010' we predicted "Major Food Shortages" and said, "Inventories of agricultural products are the lowest they have been in decades yet the prices of many agricultural commodities are down 70% to 80% from their all time highs adjusted for real inflation". Over the past year, agricultural commodities as a whole have outperformed almost every other type of asset, with silver being one of only a few other assets keeping pace with agriculture. (On December 11th, 2009, NIA declared silver the best investment for the next decade at $17.40 per ounce and it has so far risen 64% to its current price of $28.39 per ounce). The world is at the beginning stages of an all out inflationary panic. Wheat, which NIA previously called on 'NIAnswers' its favorite investment besides gold and silver, is now up to a new 30-month high of $8.63 per bushel and has doubled in price since June of last year. Algeria bought 800,000 tonnes of wheat this past week, bringing their total purchases for the month of January up to 1.8 million tonnes, which was quadruple expectations. Saudi Arabia is also beginning to stockpile their inventories of wheat. Rice futures have gained 8% during the past few days with Bangladesh and Indonesia placing extraordinary large orders. Indonesia's latest rice order was quadruple its normal allotment and Bangladesh plans to double rice purchases this year. Meanwhile, the U.S., which is the world's third largest exporter of rice, is expected to cut production by 25% in 2011. NIA considers rice to be one of the world's most undervalued agricultural commodities at its current price of $15.96 per 100 pounds and forecasts a move back to its 2008 high of $24 per 100 pounds as soon as the end of 2011. NIA believes cotton, at its current price of $1.80 per pound, may have gotten a bit ahead of itself in the short-term. In NIA's first ever article about agriculture on February 17th, 2009, we said that cotton's "upside potential is astronomical" at its then price of $0.44 per pound. NIA pointed to increasing sales to textile companies in China and the fact that cotton was down 70% from its all time high as reasons to be very bullish on cotton at $0.44 per pound. Early NIA members could have made 309% on cotton, but today we see much bigger potential in rice. The recent spike in cotton reminds us of the 2008 spike in oil. Although we believe cotton will ultimately rise above $3 per pound later this decade, we coul d possibly see a dip to below $1.40 per pound first. Many people in the mainstream media have been criticizing NIA's recent food inflation report, claiming that agricultural commodity prices have very little to do with prices of food in the supermarket. CNBC's Steve Liesman, in particular, claims that "rising commodity prices won't cause inflation". Liesman has it backwards. NIA has never claimed that rising commodity prices cause inflation. Soaring budget deficits that the U.S. government can't possibly pay for through taxation causes inflation when the Fed is forced to monetize the debt by printing money. Rising commodity prices are only a symptom of inflation. The reason NIA was so bullish on agricultural commodities going back two years ago when we produced our first documentary 'Hyperinflation Nation', is because while gold is the best gauge of inflation and is often the best tool for predicting future money printing, agriculture is where the majority of the monetary inflation ends up going after the Fed's newly printed money trickles down to the middle-class and poor. With gold prices already surging two years ago when we produced 'Hyperinflation Nation', NIA said in the documentary "food prices have the potential to surge most during hyperinflation". One thing NIA is almost 100% sure of is that come year 2015, middle-class Americans will be spending at least 30% to 40% of their income on food, similar to Egyptians today. As NIA warned in its latest documentary 'End of Liberty', if you don't have enough money to accumulate physical gold and silver, it is important to begin establishing your own food storage, and store enough food to feed you and your family for at least six months during hyperinflation. Many store shelves in Egypt are now empty after recent panic buying, with shortages of nearly all major staple items throughout the country. The U.S. Treasury is getting ready to sell $72 billion in new long-term bonds next week, as the U.S. rapidly approaches its $14.29 trillion debt limit. The debt limit is now expected to be reached by April 5th and Treasury Secretary Geithner warned the U.S. will see "catastrophic damage" if it isn't raised. With the Federal Reserve now surpassing China and Japan as the largest holder of U.S. treasuries, the real "catastrophic damage" ahead will be hyperinflation as a result of the U.S. government doing absolutely nothing to dramatically reduce spending. It is an absolute joke that Obama during his State of the Union address announced $400 billion in spending cuts over the next 10 years, but then the very next day, the Congressional Budget Office increased its 2011 budget deficit projection by $400 billion to $1.48 trillion. Not raising the debt limit would be a good thing, as it would force Washington to live within its means. Sure, the stock market would collapse and the U.S. economy would enter into its next Great Depression, but at least it would save the U.S. dollar from losing all of its purchasing power. In fact, the standard of living for middle class Americans might actually improve if the government allowed the free market to put our economy into a depression, because goods and services would get cheaper. The U.S. economy has become a drug addict that is dependent on cheap and easy money from the Federal Reserve. While Wall Street bankers took home a record $135 billion in total compensation in 2010, up 5.7% from $128 billion in 2009, this money was stolen from middle-class and poor Americans through inflation. The more monetary inflation (heroin) the Federal Reserve creates in order to satisfy the (in the words of Gerald Celente) "money junkies" on Wall Street, the more middle-class and poor Americans become dependent on unemployment checks and food stamps just to survive. Millions of American students are graduating college with hundreds of thousands of dollars in debt but no jobs. Luckily for them (but not holders of U.S. dollars), NIA is hearing reports from both unemployed and underemployed college graduates with student loans that the government is reducing their required monthly payments by sometimes 90% or more based on their current incomes. China and Japan recently saw their credit ratings downgraded, while the U.S. credit rating remains at "AAA". NIA believes it would make far more sense for the world's largest debtor nation to be downgraded instead of the world's two largest creditor nations. The Federal Reserve's second round of quantitative easing has yet to even reach the halfway point and the Fed already holds about $1.11 trillion in U.S. treasuries. By the time QE2 is over at the end of June, the Fed will own $1.6 trillion in U.S. treasuries, about what China and Japan own combined. Shockingly, Kansas City Fed President Thomas Hoenig is already dropping hints about QE3. According to Hoenig, the Fed may consider extending treasury purchases beyond June 30th, 2011, (the scheduled completion date for QE2) if U.S. economic data looks disappointing. With the Fed taking over as the largest holder of U.S. treasuries, China is beginning to rapidly move away from the U.S. dollar and into gold. In just the first 10 months of 2010, China imported 209 metric tons of gold compared to 45 metric tons in all of 2009, a stunning five-fold increase. While the western world is downplaying the threat of inflation as much as possible, Asian countries understand that hyperinflation is the most devastating thing that can possibly happen to any economy. The demand for gold in Asia right now is the most intense it has ever been, as they look to tackle rising inflation before it becomes hyperinflation. The Chinese are so smart that families are now giving each other gold bullion as gifts instead of traditional red envelopes filled with cash. China is now on track to soon surpass India as the world's largest consumer of gold. The China Securities Regulatory Commission recently gave Beijing-based Lion Fund Management Co. approval to create a fund that will invest into foreign gold ETFs. U.S. stock mutual funds saw $6.7 billion in net inflows during the past two weeks, the most in any two week period since May of 2009. The rioting, looting, and civil unrest in Egypt is now making the U.S. look like the safe haven of the world, even though it should be considered the riskiest place to invest. From the Dow's low in August until now, about $38 billion was actually removed from U.S. stock mutual funds, despite the stock market rising 20%. The Dow Jones has been rising from September until now solely due to the Federal Reserve printing around $350 billion out of thin air. When central banks print money, stock markets often act as a relief valve due to there being too much inflation going into the hands of financial institutions. The U.S. M2 money supply surged by $46.6 billion during the week ending January 17th to a record $8.8623 trillion, following a rise during the previous week of $7.6 billion. The rise in the M2 money supply over the past two weeks of $54.2 billion equals an annualized increase of 16%. The M2 multiplier now stands at 4.218 compared to a long-term average of 10. When QE2 is complete, the Fed's monetary base will likely stand at $2.59 trillion. A return to the long-term average M2 multiplier of 10 means we are due to see a 192% increase in the M2 money supply and that is not even including a possible QE3 and QE4. The U.S. economic ponzi scheme could unravel very quickly in the years ahead, with the velocity of money increasing much faster than anybody expects. As more Americans learn about NIA and become educated to the truth about the U.S. economy and inflation, a complete loss of confidence in the U.S. dollar could occur very suddenly. It is important for all Americans to prepare as if hyperinflation will be here tomorrow. At least in Egypt, their currency still has purchasing power and their citizens are trying to implement a regime change before it is too late. By 2015 in America, it will already be too late and the civil unrest here has the potential to be many times worse.

Welcome back!

Much respect Qman & Jac! 7 minutes of my life well spent. Thanks.

I'm seeing it the same way. A historic message has been sent throughout the world and I believe all the worlds "Leaders" are taking notice, especially what Iraq has been through. The people are tired and weary. It's time to start making good on our promise of a Democracy. Can you blame them?

" I had this idea I was going to rope a deer" had me rolling before the story go going. Good one Qman!

Hi Jack, I've got to give it you, that was a pretty interesting read and obviously written by a well connected person. In order to have that much information about the internal affairs of any business, the writer probably came from within. I noticed on the thread that the "Freedom of Speech Card" has already been played so allow me. I am speaking for myself and my self alone and don't represent anyone else's opinions. Do we agree that this is a business? I would like to hope that we also agree that we each have the right to make our own decisions. I don't doubt that some of the material is factual because it is spelled out too methodically. My point is, people invested on a long shot that may or may not happen. With all the chaos in the Middle East right now, it's looking worse every day. With that being said, I really don't think there is anything that could be done to pry an investors hands from what little hope of having a decent financial future on a ever decreasing budget. Folks can pump, flat out lie, start rumors, conference calls, whatever. The worst part of it all is being able to keep emotions and desperation out of the mix. Again, I'm not knocking your post and don't plan too. If any good comes from it at all, it helps me strengthen my own commitment. We all know that there has to and will be an RV. Whether it's in my favor or not is yet to be revealed. There are no guarantees. When I get burnt out from the hype, I move on and don't let this thing control my life. Thanks for listening. Have a good 1. By the way, most of time I visit DV for the jokes. Some are pretty killer!

Here is a clip from You tube Jac. Thanks for the post!

I feel better now. Thanks!

I signed on with the Military in the 70's and honestly I have little recollection in my life without some kind of conflict, campaign, or war. I was in Jr. High during Nam and never had the dis pleasure of participating in that one. My son is currently in Afghanistan as we speak and I hear all stuff folks don't like to hear. Whether you were drafted or volunteered, the issue is, you served. Some come home in not so great shape and some come home in body bags. It's the nature of the beast! My point is, those that come home wounded, now what? Do we kick them to side because they are no longer useful? Apparently, that's what's happening. Due to our Government's greed and inability to balance a checkbook and let the corporate world bankrupt the greatest nation in the free world, the military are the most vulnerable because they have very little say so, by design. There are so many more areas to cut first including foreign aid for every mishap. I'm not saying these folks don't need help, but are we the only country out there? I have to say, of all the attempts and attacks again the USA, I've never seen one more well orchestrated against our nation than the one being that is being performed by our own.

Got posted in wrong thread, disregard. Obama admits not born in USA. Getting a little hot over there.

Delete this Mods, I don't have a clue how it got here. Ended up in wrong post somehow.

This thread is posted as "OFF TOPIC", if you're looking for RV news, your're following the wrong thread. By the way, If you've ever fought with Veterans of all nationalities and races and seen the pain that goes with it, you'd probably back off that "Prejudice" word a bit. It has absolutely nothing to do with preudice. It has everything to do with the well being of the United States of America and those elected officials that represent it.

Our Government has created a "Golden Umbrella" under which they live. I read somewhere, I can't remember where or how long ago, a Congressman said, "Once we've achieved our status, we deserve better," and so they wrote and passed laws to protect themselves. They exempt themselves from the very things that they are trying to impose on you and I. I know it's a very poor and touchy representation, but I wonder if Gabby pays into a health care program of any kind.

It certainly is!

Who's going to fly them? They are a long, long way off before they need that type of aircraft. I think that $900 mil could be better used feeding and providing for their people. It's nice to budget in the long term, but for now they still have plenty of outside military support to back them up. If there going to pull off any kind of recovery by 2014, the infrastructure has to be the main focus. It's good to be sitting on that much oil. I'ts not good if you can't get to the 3 new ships they plan to buy as well. It sounds to me like our Gov is trying to dump a bunch of "high time" airframes on them to turn a quick profit. Kind of like we did Israel. Flight training and parts are extra. Then you have to take into account the arsenal of weapons this plane can deliver.

Piss the Egyptians off and they throw rocks. Piss the Americans off and they throw bullets. This recent riot and outcome has gotten everyone in the world looking at their present economic state and living conditions. I'm sure the White house is concerned.

For all the reasons you just stated, TD in Atlanta Ga! See ya there!

Very informative. I gotta say "be they right, wrong, or indifferent, they are dedicated to their cause". Thanks for that link. G.E.T has a bit of a bad rap here on this forum but a lot of history was covered that I found quite useful.

Well said my friend! I don't think you'll find much opposition. Great post!

That was classic!

Good 1!

Though I'm sure it's a "Strategic" project. It would be nice to see this much effort go in to power generating facility's. In due time I suppose. I'd mark you up 1 green 1 but I've used them all up for the day.