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01-05-2011, 08:53 PM
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Interesting Video on Dollar Decline
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Those who say it cannot be done should not interrupt the people doing it. ~Chinese Proverb
When I was young and clever, I wanted to change the world. Now that I am older and wiser, I strive to change myself. ~
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01-05-2011, 08:58 PM
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Re: Interesting Video on Dollar Decline
BTW, it is long and I don't see a pause button.
__________________
Those who say it cannot be done should not interrupt the people doing it. ~Chinese Proverb
When I was young and clever, I wanted to change the world. Now that I am older and wiser, I strive to change myself. ~
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01-06-2011, 06:20 AM
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Still Figuring It Out.
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Re: Interesting Video on Dollar Decline
Quote:
Originally Posted by ILG
BTW, it is long and I don't see a pause button.
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Click on the video itself and it will pause.
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01-05-2011, 09:12 PM
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Love God, Love Your Neighbor
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Re: Interesting Video on Dollar Decline
Can you give a summary?
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01-05-2011, 09:16 PM
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Re: Interesting Video on Dollar Decline
Quote:
Originally Posted by *AQuietPlace*
Can you give a summary?
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I haven't even finished it yet, but it gives a good explanation of what is happening with the dollar, why and what we can expect for the future. I am expecting a sales pitch for something at the end, but the video itself is very informative. I think it is worth the time to watch it, but wait until you have over an hour.
__________________
Those who say it cannot be done should not interrupt the people doing it. ~Chinese Proverb
When I was young and clever, I wanted to change the world. Now that I am older and wiser, I strive to change myself. ~
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01-06-2011, 06:28 AM
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Still Figuring It Out.
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Join Date: Feb 2007
Posts: 10,858
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Re: Interesting Video on Dollar Decline
Quote:
Originally Posted by *AQuietPlace*
Can you give a summary?
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I haven't finished the video either... but they tell you up front what it is. This is made by an investment research firm who advised their investors to get out of Bear Stearns, Fannie, Freddie, GM, General Growth Properties etc.
He has been following the financial status of these companies and foretold their collapse and even helped his investors make money by advising them to sell short and make put options on these companies.
He is now seeing the same scenario taking place in the nation as a whole. But it isn't all doom & gloom. He said that he is going to show what is going on, why he is so concerned, what he thinks will happen in the next 12 months. He will then tell us how we can act now to prepare ourselves for what is to come.
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01-06-2011, 08:25 AM
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Registered Member
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Re: Interesting Video on Dollar Decline
Quote:
Originally Posted by Digging4Truth
I haven't finished the video either... but they tell you up front what it is. This is made by an investment research firm who advised their investors to get out of Bear Stearns, Fannie, Freddie, GM, General Growth Properties etc.
He has been following the financial status of these companies and foretold their collapse and even helped his investors make money by advising them to sell short and make put options on these companies.
He is now seeing the same scenario taking place in the nation as a whole. But it isn't all doom & gloom. He said that he is going to show what is going on, why he is so concerned, what he thinks will happen in the next 12 months. He will then tell us how we can act now to prepare ourselves for what is to come.
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I have a tendency to think that people that paint factual pictures and then tell you some ways to help yourself is not gloom and doom because you have some hope to do something.
__________________
Those who say it cannot be done should not interrupt the people doing it. ~Chinese Proverb
When I was young and clever, I wanted to change the world. Now that I am older and wiser, I strive to change myself. ~
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01-06-2011, 09:28 AM
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Still Figuring It Out.
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Join Date: Feb 2007
Posts: 10,858
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Re: Interesting Video on Dollar Decline
Quote:
Originally Posted by ILG
I have a tendency to think that people that paint factual pictures and then tell you some ways to help yourself is not gloom and doom because you have some hope to do something.
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Indeed... I'm not finished with the video yet... I'm having to catch it in pieces... but it isn't a "gloom & doom" vid at all IMO. It does paint the picture of where we are headed... and we are headed in gloomy directions.
But it has been very informative thus far.
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01-05-2011, 09:25 PM
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Love God, Love Your Neighbor
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Join Date: Jan 2009
Posts: 7,363
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Re: Interesting Video on Dollar Decline
Is it all doom and gloom?
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01-06-2011, 06:10 AM
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Registered Member
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Join Date: Sep 2007
Location: Colorado
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Re: Interesting Video on Dollar Decline
Quote:
Originally Posted by *AQuietPlace*
Is it all doom and gloom?
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Yes. He's pitching his investment newsletter at the end. I'd be curious to know what the best way would be to confirm the information he gives.
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