Geaux4it's Account Talk

[Geaux4it]

Video really long can't see it all. Is it posted anywhere else?

No doubt it's long. It's also in text after you close the window.

Interesting enough is the video sounds like it was made late 2010. He's all over it for sure.

Heads up, pitch at end of video to buy something. Nonetheless, interesting take.

 

[Geaux4it]

With futures up slightly this morning we can all catch a quick breath.

With helicopter Ben to make a statement today the market is hanging in the balance. Just like it picked up steam after the clueless one spoke yesterday, it to could drop like a hot rock down an elevator shaft if Ben blinks.

For now I will send the runner for more ammo and hold the line.

 

[FAB1]

I read the whole Stansbury letter but I want to know what he is talking about here:

[FONT=Georgia, Times New Roman, Times, serif][/FONT]
During World War II, for example, when millions of families lost their entire life savings through inflation or government seizure, this was the one asset that enabled some families to protect, preserve, and grow their money.

He kept secret that ONE ASSET - But Im curious. BTW...Are you a subscriber?[FONT=Georgia, Times New Roman, Times, serif]
[/FONT]

 

[SteelSaving]

I thought he said it was gold or silver.

 

[FAB1]

I thought he said it was gold or silver.

[FONT=Georgia, Times New Roman, Times, serif]But the good news is that there is one asset you can own (now widely available in America), which should help protect you and your family from this chaos... and could also likely make you a fortune in the years to come.

I'm not talking about guns or bonds or gold or other precious metals... or anything like that. And of course this has absolutely nothing to do with the stock market.

What I'm talking about is a very powerful asset that wealthy families have used for centuries to protect themselves... and preserve and build their fortunes. [/FONT]


See its something else. - Tomatoes maybe?

 

[burrocrat]

got dirt?

the free and clear kind is best.

then you just got to keep up with the land rent (property taxes) but heck you could do that easy by selling some tomatoes.

 

[Intrepid_Timer]

I read the whole Stansbury letter but I want to know what he is talking about here:


During World War II, for example, when millions of families lost their entire life savings through inflation or government seizure, this was the one asset that enabled some families to protect, preserve, and grow their money.

He kept secret that ONE ASSET - But Im curious. BTW...Are you a subscriber?

Is that thing still out there? I remember reading the exact same thing back in 2004.........I'm pretty sure it's gold though.

 

[Intrepid_Timer]

But the good news is that there is one asset you can own (now widely available in America), which should help protect you and your family from this chaos... and could also likely make you a fortune in the years to come.

I'm not talking about guns or bonds or gold or other precious metals... or anything like that. And of course this has absolutely nothing to do with the stock market.

What I'm talking about is a very powerful asset that wealthy families have used for centuries to protect themselves... and preserve and build their fortunes.


See its something else. - Tomatoes maybe?

Umpa Lumpas?

 

[SteelSaving]

But the good news is that there is one asset you can own (now widely available in America), which should help protect you and your family from this chaos... and could also likely make you a fortune in the years to come.

I'm not talking about guns or bonds or gold or other precious metals... or anything like that. And of course this has absolutely nothing to do with the stock market.

What I'm talking about is a very powerful asset that wealthy families have used for centuries to protect themselves... and preserve and build their fortunes.


See its something else. - Tomatoes maybe?

Good call, my bad.

Burrocrat may be right but what's the use in land if a worthless government is what's keeping you owning it? Seems like a bunch of guys with guns can easily rid you of your asset. Maybe boats? If land, then I would suggest guns and some loyal friends if he thinks what is going to happen does happen.

Honestly, I picked up on the sales pitch early on and quit putting my full attention on it.

 

[Geaux4it]

I read the whole Stansbury letter but I want to know what he is talking about here:


During World War II, for example, when millions of families lost their entire life savings through inflation or government seizure, this was the one asset that enabled some families to protect, preserve, and grow their money.

He kept secret that ONE ASSET - But Im curious. BTW...Are you a subscriber?

I'm not a subscriber but a co-worker did order his plan. Will let you know what it is when I read it.

Appears the report is from late 2010 as he references Lehman, GM, etc.

He is bullish on silver and gold to a lesser degree.

The picture he paints seems logical. We can't just keep printing money we don't have, and when the dollar is no longer the reserve currency, all bets are off.

 

[Geaux4it]

The volume of mortgage applications filed in the U.S. last week jumped a seasonally adjusted 22%.

http://online.wsj.com/article/BT-CO-20110810-708344.html

 

[WorkFE]

when the dollar is no longer the reserve currency, all bets are off.

There is a reason that when a country gets PO'd at the US they always bring up the reserve currency and what currency might better serve the world as a whole. Ever wonder why know one recommends their own.
1. Reserve Currency status is a HUGE responsibility
2. Name an economy which could support it. You can name China if you want but two drawbacks. China don't want it (would force them to actually PAY workers). Also the world is not ready for it's RC to reside in a country that is wholly owned by the Gov't.

 

[Geaux4it]

The dollar is so hammered not sure other countries will continue to hang on. Maybe things will change post 2012. Maybe not.

http://wallstreetpit.com/64630-dollar-can-we-all-say-collapse

 

[Geaux4it]

Should you move to cash?

http://finance.yahoo.com/focus-reti...agingwealth&cat=fidelity_2010_managing_wealth

 

[Geaux4it]

Was just taking a look at the W4500 Basic Chart. What a spike at 12 noon. Program buy or did I miss some 'breaking news' lol...?

 

[Mapper]

European markets close down and almost immediately the Americas virtually turned on a dime...definitely curious about this.

 

[Geaux4it]

European markets close down and almost immediately the Americas virtually turned on a dime...definitely curious about this.

Just like the spike at noon yesterday we are seeing almost an identical reversal at the close.

The manipulation of the markets today is the same IMO as 'inside trading'. Super computers, algorithms etc, are killing the small guy.

Just sayin....

 

[Birchtree]

That's when ample dividend reinvestments come in handy - just sit back and collect shares. The same applies with TSP.

 

[Geaux4it]

That's when ample dividend reinvestments come in handy - just sit back and collect shares. The same applies with TSP.

I hear ya Birch- At the moment I am pretty conservative (with a ~3% gain for the year) as to be within a couple years of retirement. However, if the FERS retirement system gets gored as I have read, I may be able to go more aggresive in that my retirement date has shifted to the right/

 

[Geaux4it]

S&P Futures up .56 at 1716 PDT on news that Monti proposes 40 billion in cost reductions, Growth measures for Italy.

http://www.bloomberg.com/news/2011-...olve-debt-crisis-in-week-full-of-summits.html

-178S