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  #1681  
Old 03-15-2012, 11:10 PM
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OvalNut OvalNut is offline
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Lubbad,

You have certainly read a similar post to this numerous times:

THANK YOU

I just finished a thorough read of your original posts of this thread. So affirming and progressively educational. Again, thank you.


Tim
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  #1682  
Old 03-16-2012, 01:49 AM
sattv4u sattv4u is offline
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First things first THANK YOU Lubbad, What does Lubbad mean? Is there a hidden message or?
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  #1683  
Old 03-16-2012, 01:52 AM
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lubbad lubbad is offline
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Default haha

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Originally Posted by sattv4u View Post
First things first THANK YOU Lubbad, What does Lubbad mean? Is there a hidden message or?
It is my last name.
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  #1684  
Old 03-16-2012, 01:59 AM
sattv4u sattv4u is offline
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Quote:
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It is my last name.
Thanks I have been reading your blogs for some time now and I am captivated ....OK addicted, Keep Stackin!! Regards Darren
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  #1685  
Old 03-16-2012, 04:49 AM
mbeded mbeded is offline
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Quote:
Originally Posted by lubbad View Post
As I await what comes next after the coming economic disaster...there will be no animals or other such varmints on my land that do not produce something - either security, transportation or food.
Hi Lubbad,

Here is an interesting take on the subject of this thread. KWN had an interview today entitled : Fitzwilson: Hyper-Devaluation, the Electronic Age & Gold. He says,

"There is no doubt that the massive printing of money out of thin air is creating inflation. In the electronic age, the length of time it takes inflation to winnow its way into the economic ecosystem can take years if not decades. As long as it is gradual, and it simply involves a zero or two here and there, people will not panic. It is the panic, the lack of utility of the cash, which causes fear and hyperinflation."

Hyperdevaluation=Hyperinflation
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  #1686  
Old 03-16-2012, 11:18 AM
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lubbad lubbad is offline
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Default Frightening

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Originally Posted by mbeded View Post
Hi Lubbad,

Here is an interesting take on the subject of this thread. KWN had an interview today entitled : Fitzwilson: Hyper-Devaluation, the Electronic Age & Gold. He says,

"There is no doubt that the massive printing of money out of thin air is creating inflation. In the electronic age, the length of time it takes inflation to winnow its way into the economic ecosystem can take years if not decades. As long as it is gradual, and it simply involves a zero or two here and there, people will not panic. It is the panic, the lack of utility of the cash, which causes fear and hyperinflation."

Hyperdevaluation=Hyperinflation
That was a good quick read. This following example presented had some frightening numbers....

During the Roman era, the price of wheat went up roughly 1,000,000 times from 64 A.D. until around 400 A.D. according to one researcher. That seems like a lot. It translates into a compound return of a bit over 4% per year over the 3 centuries. That’s a lot of inflation over a lot of years, but people coped until they could not in the mid-400s.
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  #1687  
Old 03-16-2012, 12:23 PM
ajwgator ajwgator is offline
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Quote:
Originally Posted by lubbad View Post
That was a good quick read.[/i]
It was good and this hits home...

Hyperinflation is in our future. The exact timing is uncertain.
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  #1688  
Old 03-17-2012, 06:53 PM
Jack ONeill Jack ONeill is offline
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http://www.youtube.com/watch?v=-VZNSA9PJQg

yup.
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  #1689  
Old 03-17-2012, 07:32 PM
phmical phmical is offline
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Billionaire Donald Trump says the U.S. economy is poised for “massive inflation” and is warning investors to take steps now to protect themselves.

In the gripping CNBC interview, Trump also told investors they should not trust official government statistics.

He even questioned the “official unemployment” numbers. “It’s over 20 percent. It’s not 8.3 percent,” Trump said.

Trump also thinks skyrocketing oil prices will cripple the U.S. economy. “Right now, [oil] is at an all-time record for this time of the year, in the summer they predict $5 gasoline, maybe $6.”

But Trump isn’t the only expert warning the U.S. economy may go off the cliff. Robert Wiedemer, author of the New York Times best-selling book Aftershock, stated in a recent interview, “The data is clear, 50% unemployment, a 90% stock market drop, and 100% annual inflation . . . starting in 2012.”
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  #1690  
Old 03-17-2012, 08:07 PM
Jack ONeill Jack ONeill is offline
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http://finance.yahoo.com/blogs/daily...115229488.html
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