Thursday, Aug 03, 2006

Fed...Cause and Effect

Gold Digest, Earthlink: 'Oh Dear' & 'The 1973 Reflux'

What happens when you add a global system financed by a ponzi scheme of money? The domino effect caused by the Fed will eventually reach these shores and beyond. Interestingly, these two articles nail both the cause and effect for a doomed depression...not only for house prices but with everything else...save yourself!

Effect...http://www.gold-eagle.com/gold_digest_05/stott072706.html

Cause...http://home.earthlink.net/~lrgoldner/blowout.html

Enjoy

Posted by henry flagler @ 05:40 PM (442 views)
Add Comment
Report Article

2 Comments

1. Monty said...

Hmmm. What is the difference between a "precious metals dealer" advising you to invest in gold and a used car salesman (or an estate agent for that matter?) I'm not inclined to trust any of them. The gold bugs have been trying to talk up the price since the crash of 1981. Take look at the dollar price of the metal back then. It makes the UK house price crash of the 90's look like a picnic, doesn't it? The time to invest in gold was 2001 when reserve banks were selling it off.
http://www.gold.org/value/stats/statistics/monthlysince1971.html

Friday, August 4, 2006 05:27PM Report Comment
 

2. monty said...

Hmmm. What is the difference between a "precious metals dealer" advising you to invest in gold and a used car salesman (or an estate agent for that matter?) I'm not inclined to trust any of them. The gold bugs have been trying to talk up the price since the crash of 1981. Take look at the dollar price of the metal back then. It makes the UK house price crash of the 90's look like a picnic, doesn't it? The time to invest in gold was 2001 when reserve banks were selling it off.
http://www.gold.org/value/stats/statistics/monthlysince1971.html

Friday, August 4, 2006 05:28PM Report Comment
 

Add comment

  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines
Username  
Admin Password
Email Address
Comments

Main Blog | Archive | Add Article | Blog Policies