The Stock Market is a House of Cards Ready to Fall.
Posted: March 3rd, 2011 | Author: OmahaGuy | Filed under: Investing | No Comments »The stock market is a house of cards ready to fall. It doesn’t matter whether it goes up, down, or sideways. Just stay away from stocks, despite whores like Warren Buffet telling you to “Buy stocks, buy stocks.”
This is EXTREME to you, I know, but sell your IRA/401k before the crash… because there will be a stock market crash.
After the crash, the government will race in and convert your IRA/401k to worthless treasury annuitities for your own “good” and “safety”.
Yes, sell your IRA/401k and take the penalty. Buy silver bullion and hold it.
Five countries have already nationalized private savings and pensions, and more will follow.
The government needs money so badly for their endless socialist programs; they will steal your life savings to do so.
Silver is in extreme “backwardization” for the first time in history. This means the spot price today is over a dollar cheaper than the futures price in 2015!
This is total insanity and means we are out of silver. This means the price is guaranteed to go up!
Why?
Because mine supply can’t even begin to keep up with industrial and investor demand. The future price is always much higher than the spot price.
Next:
Food inflation is the biggest problem you’ll see this year (2011), even though we are drowning in an entire sea of problems.
The bad news is that you cannot reasonably store food. You can store whole grains and dried beans, and that’s about it. You can store condiments, seasonings, herbs, etc., but these are not foods per se.
You can only store a very limited amount of frozen and canned food. That’s the bad news.
Load up on whole grains and dried beans. These are your staples. Forget that overpriced freeze dried crap!
Americans eat like kings and queens for a mere 10% of their income. The rest of the world is spending 20% to 80% of their income just to eat plain, meager fare.
All that is over…
Soon, Americans will spend a full third of their income just to eat, and they sure won’t eat like royalty anymore.
World oil is over $100.
Brent is almost $120. Forget world crude and start looking at Brent. Lindsey Williams says we’ll see $200 oil and he’s probably right.
This would mean $6 a gallon gasoline. Gasoline is already over $8 in Europe.
There is no oil shortage. We don’t need a drop of foreign oil. We have enough oil in America for the next 100 years. “Peak oil” is a lie.
We have enough natural gas for the next 100 years.
We have enough coal for the next 1,000 years.
We could make $2 a gallon gasoline from coal today with the SASOL process.
There is no energy crisis!
Solar, wind, and biofuels are all liberal lies. None of these work or ever will work. In 100 years obviously we’ll have cold fusion, hydrogen from water, and a variety of other energy sources.
The energy crisis is contrived by “your” government on purpose to keep you poor.
Poor people can be ruled by dictators as in China, Cuba, and Korea.
Affluent people can’t be ruled! Poor people are subjects… Affluent people are free citizens!
Social Insecurity is broke and has been for decades. Yes, the checks will still go out, but no COLA (cost of living allowances) will be added. Every month the checks will buy less and less and less, until they buy nothing. My dad complained about it this year!
Hyperinflation will be your future!
The same for food stamps. 1 in 7 Americans can’t eat without government help!!!
Do you think this isn’t End Times? Think again…
What was once the greatest country in the world is a Marxist welfare police state when 1 in 7 can’t feed themselves. If you have any kind of retirement pension you’ll never see that either.
Your company will go under, or inflation will destroy the value of your pension and/or 401k.
Tens of millions of people are going to starve in the streets because the government is too broke to take care of them anymore. They will riot and maybe, even this year.
Gerald Celente has been talking about this for a long time now. When people are cold and hungry they have nothing to lose. That’s why the government built all those FEMA camps. We’ll have to end the wars of aggression in the Mideast and bring the soldiers home to control the welfare rioters.
Enough! Positive thinking time:
Silver is the winner! Silver has been the winner for ten years now. Put every penny you have into silver bullion. The best investment in the entire world is silver and has been for over a decade now. Silver has returned almost 700% profit in 11 years! That is well over 60% a year for eleven years.
I was slow…I didn’t start buying silver until September, when it was at $18…It is trying to break $35 (03-03-11). From what my brother, Roger told today, it didn’t go over, but it will…It tried hard today.
Senile in Omaha, Buffett has only made 7% a year for the last eleven years. That’s right. Look at a long term BRKE (Berkshire Hathway) chart and see for yourself. If the “wisest investor” in the world can only make 7% a year, how can you make any money? He has lost money in the last three years, while silver has skyrocketed. He never tires of telling the sheeple to buy stocks, avoid gold… and silver doesn’t exist.
That’s it folks. This really is End Times. There is no where to go. This entire earth is just one big Prison Planet now. It will only get worse, and not better. The wheels come off the train this year. Buy silver. Party like a rock star, while your brain dead friends starve in the street waiting for the government to feed them. Unemployment will go from the current 22% to 40%. Housing will keep crashing. Hyperinflation will rage. Food prices will skyrocket. The socialist and Marxist bills will keep being passed in Congress. We will see martial law before Nobama leaves office. The Constitution and Bill of Rights are shredded. It just gets worse from here. Prepare yourself for what’s coming as best you can.
May God Bless you and your family…