Lines Around The Block To Buy Gold In London; Banks Placing “Unusually Large Orders For Physical.” Time to stock up on gold, silver, guns and ammunition.
This post was last modified on February 11, 2016
Lines Around The Block To Buy Gold In London; Banks Placing “Unusually Large Orders For Physical.” Time to stock up on gold, silver, guns and ammunition.
This post was last modified on February 11, 2016
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The stock market was VERY interesting today. It was down over 400 points around 2:30...looking like it was gonna drop 500 or more, and then the news broke that the UAE said OPEC was going to start restricting production, which would drive up the price. Who knows if they will, but it was enough to cut the losses down to around 250.
But what drove it down to begin with? That idiot Janet Yellen telling the Senate that she wouldn't take negative interest rates off the table. NEGATIVE interest rates. That exact same bullshit crashed markets in Europe and Asia, and she's considering it? I don't even understand the LOGIC in it. (maybe because there IS NONE) Who's gonna buy Treasury bonds that pay LESS than what you paid for them? Who's gonna PAY the freaking BANK to keep their money in an acc't? Is she TRYING to cause a run on banks? Or a stock market crash? This is MADNESS.
Dow -254.56 15,660.18
It lost over 3,000 since I moved our retirement money out.
Hey! I wanna borrow some money, then repay less than I borrowed! Where's the line for this?
That's a good point...what the hell would they do for loans? Except refuse to lend any money. That oughta get the economy running on all cylinders, huh?
That's what I was thinking.
Looks like the organic waste material is getting closer to the fan.
I can't afford gold, I have silver, I need guns and ammo, I have survival food and a decent water supply. I guess being a bit of a paranoid, semi-prepper isn't such a bad idea.
The really chilling phrase is the last one - "lack of alternative investments".