You can learn a lot from Robert Kiyosaki in this video. He talks about the eroding U.S dollar and why when you save you are actually losing purchasing power over time.
Archive for January, 2012
The big U.S media companies are at it again. This time they are striking Canada after trying to get SOPA approved in the United States, but met with lots of opposition from the internet community.
The large media companies however is also trying this in Europe with a law called ACTA, which is currently being protested by people in Europe. These laws do not serve anyone but the large corporations and give them too much power. The power to shut down websites for minor copyright infractions.
So, I finally got around to installing the newer version (v.11) of the financial charting sofware MetaStock a few weeks ago.It is a great piece of sofware, I’ve been using it since year 2007, however back then I was doing swing trading which was much shorter term and using daily charts to find opportunities to buy and sell stocks which took days or weeks.
Now, if the average person in the world does what the American Federal Government is doing with debt, we will be in huge trouble. Oh wait…most of the people in Western world did just that and the world economy is already in trouble now.
If the Government can’t be prudent in managing their debt and setting a good example, then their citizens probably will be reckless as well. I remember watching a video of President Bush telling Americans to go and spend with their credit cards.
You never know, it might get if thingsEurope goes bad. That is why I am still short the Nasdaq. We’ll see.
Good educational tutorial as to what exactly the Federal Exchange of the United States does. Contrary to popular beliefs they don’t print money, but does control when more money needs to be printed. The Fed gives the O.K to the U.S treasuries to start the printing press.
No matter how you slice it though, more money supply of the U.S dollars in the market will devalue it all the same. Soon the U.S dollar will not worth even the paper it is printed on.
Unfortunately, the way American and European politicians do math is different than how everyone else does, because they can print more money. Will we be here 5 years from now or worse.
After you watch this documentary was filmed back in the 1999, you will see that today’s events mirror the past and you know that they are engineering another depression and war. Hello PEOPLE wake up, they have been plotting the destruction of American and one world government over 30 years ago.
The Federal Reserve created by the RothChild’s financed world war I and they increased money supply (print money) and eventually caused the depression in the 1930’s. Then they financed world war II to profit from it.
Marc Faber thinks that all governments, the U.S and Europe will keep printing money trying to fix the debt crisis and slumping economies with even more debt.
The crazy Keynesian notion that you can fix a debt problem by getting further into debt…that is nuts, but that is what the U.S and Europe is engaging in.
In 5 years time, the world might look very different. Marc Faber is ultra bearish and thinks people should be prepared to own gold, stable equities and avoid government bonds.
Robert Prechter says “we are at the top end of a bear market bounce, and from here markets will go down and the U.S economy will be in a depression.”
He says stay out of equities, get into cash.