Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
Sign in to follow this  

Hold on to your cash, the real financial crisis is yet to come!

Recommended Posts

I gave back over 200,000 of profits during the dot Com bust of 2000- 2002 sold my business and didn't get hurt. I've already started backing off of the market and going silver (yeah). Hope he's not correct but the way everything is going take profits, wait and buy in at a latter date when things start going more positive. Just sayin


Buy housing real cheap and rent. Let others pay for your retirement.


  • Like 1
  • Upvote 1

Share this post

Link to post
Share on other sites



I think it is very wise for people to get into the habit of only keeping enough money

in a bank to cover bills, the rest should be accessible by you and close by in a safe

secure place. At some point, now with the new "bail in" agreements, deposits can be

confiscated which to me is criminal. Why anoyone would place blind trust in a bank

in these days is beyond me. Maybe it is denial, but fact is the system is showing

its age and should tell folks to be very careful about who they deposit their money with.


We are seeing a slow version of 2006 - 2008 happen again...and the central planners

have no new tools to create a safety net any longer. We just repeat the same mistakes

over and over which is insanity at its finest.


Truth is...we are STILL in the same crisis, there is no new one, the 'bail outs' were simply buying

time and the policies agreed to were the most destructive financial policies in all of history the

way I see it. The only thing new is the level of debt, still the same problems and still the main weakness

of a debt based economy.

Edited by Jim1cor13
  • Like 1
  • Thanks 1
  • Upvote 4

Share this post

Link to post
Share on other sites
41 minutes ago, usarmy said:

My prediction for 2018, No RV!


We have a new guru. Tell me when it will not RV. Not today, tomorrow, or 2018. 

Ohhh, thank you master guru. I will be back in 2019 to ask when it will not RV oh wise guru. Hey, kidding. Go RV. 

  • Haha 1

Share this post

Link to post
Share on other sites
On ‎2‎/‎15‎/‎2016 at 10:29 AM, umbertino said:

Just like the RV

That's right, just like the RV.

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Create New...

Important Information

By using this site, you agree to our Terms of Use.