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Post by avordvet on Apr 10, 2012 17:36:35 GMT -5
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Post by Michael Downing on Apr 10, 2012 18:20:32 GMT -5
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Post by Sedition on Apr 10, 2012 18:33:23 GMT -5
We're number one! We're number one! We're...uh... *crap* We're screwed.
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Post by Cujo on Apr 10, 2012 18:37:59 GMT -5
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Post by safetalker on Apr 10, 2012 18:48:01 GMT -5
Lets see why? The US has troops stationed in: Germany, Italy, and the UK to protect these folks from Invasion thus reducing their need for large Armies. We printed up and sent Cash to Germany's Deutch Bank to pay the interest on Greece's Debt. Since the Brettonwood agreement of 1945 all of the EUROZONE has used U.S> Dollars (FRN) to purchase all of their OIL. This means that they sent us (actually the IMF) their Eurodollars after they joined and their script before and the IMF asked us for the Dollars (FRN) to send to the Oil producing nations. When these folks get angry at someone they call Washington and our Soldiers, materials, and FRN go to war. Since last week this was corrected since the meeting of the Up and coming Countries like China, Brazil, India, Iraq, and so on will now do without our FRN and deal direct thus cutting off the IMF. We have finally pulled their hands out of our pockets.
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Post by Michael Downing on Apr 10, 2012 20:22:20 GMT -5
This week marked my once again joining my company's 401K and in an aggressive mix to boot. I joked with our Comptroller end of last week that he should be careful because as soon as I joined the market again it would mean a major down turn. He just texted me that I was a prophet with the worst day in the market this year... www.dailyfinance.com/article/world-stocks-slump-on-us-job-growth/646657/
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Post by stoner44magnum on Apr 11, 2012 3:47:31 GMT -5
This week marked my once again joining my company's 401K and in an aggressive mix to boot. I joked with our Comptroller end of last week that he should be careful because as soon as I joined the market again it would mean a major down turn. He just texted me that I was a prophet with the worst day in the market this year... www.dailyfinance.com/article/world-stocks-slump-on-us-job-growth/646657/I haven't had the guts to get back into our 401k yet. I got out when I lost 40% and haven't been in since. I spend that money now on other more important things
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Post by avordvet on Apr 11, 2012 3:50:15 GMT -5
...as soon as I joined the market again it would mean a major down turn... Ah, so your the one doing this to our economy...Soros puppet.
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Post by Cujo on Apr 11, 2012 6:51:52 GMT -5
This week marked my once again joining my company's 401K and in an aggressive mix to boot. I joked with our Comptroller end of last week that he should be careful because as soon as I joined the market again it would mean a major down turn. He just texted me that I was a prophet with the worst day in the market this year... www.dailyfinance.com/article/world-stocks-slump-on-us-job-growth/646657/I haven't had the guts to get back into our 401k yet. I got out when I lost 40% and haven't been in since. I spend that money now on other more important things Close those 401's. The market is falsely inflated. Unless you have an in with your Representative for some insider trading I'd get out.
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Post by safetalker on Apr 11, 2012 7:46:09 GMT -5
Lets look at a small nugget of info. If my company sells stock to support my 401K and the dollar is worth one once of gold for every 2000 I invest. Then tomorrow the dollar is downgraded to $2,221.00 for one ounce of gold. How much is my investment worth? $2,221.00. So my 401K rose by $221.00. Because it takes $221.00 for my fellow investors to buy the same stock. When you are investing in a 401 you are taking worthless FRN 's and trading them for stock in a company that pays it's people in worthless FRN in return for their labor. Thus when they invest in the company they are able to trade some worthless FRN for more paper that is backed by their own labor. If the company took that same 401K and used the worthless FRN to buy Gold or Silver coins or bullion then the workers who invested would be getting something for their labor besides a smile. The Company would also be able have a resource that the Federal reserve couldn't revalue at their own whim. Just a thought.
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