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View Full Version : $95 oil, $800 gold, a crashing dollar, and persuading people to donate to Ron Paul




OptionsTrader
10-31-2007, 06:42 PM
1) It is more than tax money that is going to the war. Via the unconstitutional Federal Reserve system, the value of the dollar in your pocket has been devalued 36% since the beginning of the wars in the middle east a few short years ago. The dollar index was 120 before the wars in Iraq and Afghanistan. The index was at an all time low of 76.4 today. A 36% drop in the buying power of that dollar in your pocket on the foreign exchange markets. The powerful few that profit from the war machine believe you are too stupid to realize that the value of your money is being transferred from the people, making the people poorer and causing them to work harder for less, even with higher wages that do not keep up with the debased currency.
2) Today, the Federal Reserve lowered interest rates, again, and the powerful few think you are still too stupid to realize what is going on.
3) Oil is $95 a barrel. An all time high.
4) Real money, gold, is at a multidecade high of $800 per ounce. The sharp rise in gold prices recently is indicative of deep financial problems. A warning indicator of a recession/depression.

This trend will continue as the war machine continues to build an empire overseas at the expense of the value of your money. Your salary may not change, but the amount of goods and services you will be able to purchase with your salary will be drastically reduced. This "inflation tax" has been eatting away at the value of your savings and eating away at your buying power. The Federal Reserve is devaluing the dollar "printing money" by creating money out of thin air and the American people are losing.

We must get this point across to everyone we meet.

Ron Paul is the only candidate with any credibility when it comes to actually putting an end to this "transfer of wealth" from us to those that profit from the $2.4 trillion war machine.

OptionsTrader
10-31-2007, 06:43 PM
US Dollar index:

http://i13.tinypic.com/4u13760.png

OptionsTrader
10-31-2007, 06:45 PM
Can a mod please correct the spelling of dollar in the title, that's embarrassing :)

Brendan Wenzel
10-31-2007, 06:46 PM
Now look at the rates getting cut again. Be ready for the inflation that is bound to make its way to us in a couple months.

ronpaulyourmom
10-31-2007, 06:49 PM
To further clarify this point, we need a nice graph that outlines the decreased purchasing power of the average American, but it needs to be something as non-technical and as concrete as possible.

Everyday examples factored into the chart would be helpful, rising energy costs would be a good start. Goods with demand that is inflexible to price flucutations.

austin356
10-31-2007, 06:49 PM
Is it wrong to hope for bad economics in the short term (<2years) as a way of helping 1)get Paul elected 2)giving Paul a better environment for reform (Opposite New Deal; ex. New Deal would not have happened w/ the depression)

OptionsTrader
10-31-2007, 06:50 PM
Now look at the rates getting cut again. Be ready for the inflation that is bound to make its way to us in a couple months.

Yep.

RON PAUL VS. FEDERAL RESERVE CHAIRMAN BEN BERNANKE LAST MONTH

http://www.youtube.com/watch?v=jgnfxtrAFJQ

lx43
10-31-2007, 06:53 PM
The fed should have nothing to do with setting interest rate. It should be done by the market.


Did anyone hear in the last debate where McCain wished interest rate was set at zero? I wish RP would have called him out for it.

matthylland
10-31-2007, 06:54 PM
optionstrader,

guessing you are active in stocks and stuff, :)

i have been trying to politely, not spamming, on message boards on financial/investing websites to get Paul's name out. If any of your favorite sites have message boards, post up some Ron Paul stuff up there every once in a while, and hopefully we can get some people with some big money donating!

OptionsTrader
10-31-2007, 06:57 PM
To further clarify this point, we need a nice graph that outlines the decreased purchasing power of the average American, but it needs to be something as non-technical and as concrete as possible.

Everyday examples factored into the chart would be helpful, rising energy costs would be a good start. Goods with demand that is inflexible to price flucutations.

CPI is a bogus number. The best indicator of the debasing of the US dollar is to compare the value of the dollar against holding instead a basket of foreign currencies, as in the dollar index

http://i6.tinypic.com/52enxvn.jpg

freelance
10-31-2007, 06:58 PM
If you think that first chart is bad, just look at the trend since '06:

http://stockcharts.com/h-sc/ui?s=$USD&p=D&yr=3&mn=0&dy=0&id=p11777065261

You don't need any specialized knowledge to see the trend!

American
10-31-2007, 06:58 PM
I thought the price of Oil hasnt gone up but the value of the dollar had dropped?

What has happened in the middle east to justify higher Oil prices?

paulitics
10-31-2007, 07:02 PM
The Fed is driving up all the commodity prices , and the media blackout continues.
Oil like gold is a commodity, thus continues to skyrocket. The interest rate cuts add fuel to the mix.

The dollar is tanking because foreigners are not wanting to invest in dollars that are becoming worthless. Baby boomers about to retire expecting SS and medicare. Meanwhile we are handing out welfare checks to illegals, and engaging in imperialism financed by foreigners.

To top it all off we politicians are selling our infrastructure to foreigners, and top paying jobs continue to be exported oversees to 2nd and 3rd world countries.
The rug is being pulled out right now

OptionsTrader
10-31-2007, 07:04 PM
I thought the price of Oil hasnt gone up but the value of the dollar had dropped?

What has happened in the middle east to justify higher Oil prices?

Monetary inflation = more money created out of thin air by the Fed, thus more money for buying assets and commodities = higher prices of oil, wheat, gold, etc. Each dollar is worth less, and it takes more dollars to buy a unit of a commodity. You debase the currency this way when you need to fund a $2.4 trillion war and other spending but the people would object to direct taxation. And you figure they are too dumb to notice the transferrence of wealth.

freelance
10-31-2007, 07:05 PM
In short, we are SO screwed.

LibertyOfOne
10-31-2007, 07:05 PM
Oil is a finite resource. The price is just going to rise as it becomes more scarce. There are two things that are artificially rising the price other than scarcity. One is the war. The military is the biggest consumer of oil in the world. As it chugs along in Iraq the price will remain high. Two, Iraq's production is in the toilet.

OptionsTrader
10-31-2007, 07:06 PM
Oil is a finite resource. The price is just going to rise as it becomes more scarce. There are two things that are artificially rising the price other than scarcity. One is the war. The military is the biggest consumer of oil in the world. As it chugs along in Iraq the price will remain high. Two, Iraq's production is in the toilet.

It has more to do with the dollar than consumption. Consumption has not increased to the extent that the dollar has been destroyed since 2002. But your points have merit nonetheless. The DOD is the number one consumer, no doubt about that.
http://www.eia.doe.gov/oil_gas/petroleum/info_glance/petroleum.html

paulitics
10-31-2007, 07:08 PM
If you think that first chart is bad, just look at the trend since '06:

http://stockcharts.com/h-sc/ui?s=$USD&p=D&yr=3&mn=0&dy=0&id=p11777065261

You don't need any specialized knowledge to see the trend!

I can't believe the Fed would lower interest rates when are dollar is plumetting. Oh wait, yes I can.

NinjaPirate
10-31-2007, 07:09 PM
I say none of us file our taxes come April 15th. They won't listen to protests, we have to some how get our message through their thick skulls.

MS0453
10-31-2007, 07:13 PM
I think comparing the price of oil/gold/value of dollar etc on a flyer/in a video would be really powerful.

LibertyOfOne
10-31-2007, 07:15 PM
I can't believe the Fed would lower interest rates when are dollar is plumetting. Oh wait, yes I can.

Has to be the dumbest thing one can do. We need to pull some of that currency out of the money supply.

Falseflagop
10-31-2007, 07:15 PM
USD getting crushed and soon OIL will be over $100 !! Inflation is here and will get worse all for bailingout the CROOKS on Wall ST. DO you really think a 1/4 cut is going to help housing?? PLEASE!

OptionsTrader
10-31-2007, 07:20 PM
I think comparing the price of oil/gold/value of dollar etc on a flyer/in a video would be really powerful.

I agree.

And it should really hit home with people that work for a living, earn a salary, and/or are on fixed income like a pension. The number of dollars they are bringing in is relatively fixed, but the buying power of that money is being destroyed, and quickly.

Freedom
10-31-2007, 07:32 PM
4) Real money, gold, is at an all time high of $800 per ounce.

Not quite an all-time high, but close. Gold peaked at around $850 in 1980.
So 27-year high is more accurate at this point, although I suspect the all-time high will be taken out by year end.

OptionsTrader
10-31-2007, 07:34 PM
Not quite an all-time high, but close. Gold peaked at around $850 in 1980.
So 27-year high is more accurate at this point, although I suspect the all-time high will be taken out by year end.


Yes you are quite correct.

Nymex gold was $875, on Jan. 21, 1980.

OptionsTrader
10-31-2007, 07:40 PM
8 year gold chart:

http://www.kitco.com/lfgif/au2920lf_ma.gif

wfd40
10-31-2007, 07:55 PM
I agree.

And it should really hit home with people that work for a living, earn a salary, and/or are on fixed income like a pension. The number of dollars they are bringing in is relatively fixed, but the buying power of that money is being destroyed, and quickly.

trader, you and aavroth should collaborate on a YouTube film. There's been plenty of time given to Dr. Paul's "pro constitution - anti-empire front - peace - limited govt" position, but not much at all on what's being discussed within this thread.

It just needs to be engaging, dumbed down a little - with lots of graphics and simple text etc.

Adding that to our aresonel of Ron Paul "propaganda" would be truly awesome

=)

werdd
10-31-2007, 07:58 PM
i was so pissed to hear they cut it by .25 ...... in RP's words, what is moral about devaluing our currency.

quickmike
10-31-2007, 08:01 PM
3) Oil is $95 a barrel. An all time high.
4) Real money, gold, is at a multidecade high of $800 per ounce. The sharp rise in gold prices recently is indicative of deep financial problems. A warning indicator of a recession/depression.


Yep, THESE ARE THE PARTY DAYS!!!!!!!!!!:(

All the more reason to tell everyone we know and talk to about Ron Paul. Weve got to do it NOW.

Times almost up.

OptionsTrader
10-31-2007, 08:11 PM
trader, you and aavroth should collaborate on a YouTube film. There's been plenty of time given to Dr. Paul's "pro constitution - anti-empire front - peace - limited govt" position, but not much at all on what's being discussed within this thread.

It just needs to be engaging, dumbed down a little - with lots of graphics and simple text etc.

Adding that to our aresonel of Ron Paul "propaganda" would be truly awesome

=)


There is some really good footage out there, video and audio over the dacades like video from 1984 (ironic, I know) which provides a nice historical context of Ron Paul's consistency on the issue as well. I've thought about putting together a video for the masses, but I guess I figured no one would care about this stuff. I think I might be able to package it right in a 5-6 minute video.

wfd40
10-31-2007, 08:25 PM
There is some really good footage out there, video and audio over the dacades like video from 1984 (ironic, I know) which provides a nice historical context of Ron Paul's consistency on the issue as well. I've thought about putting together a video for the masses, but I guess I figured no one would care about this stuff.

No one would care??

I can tell you right now that people like my parents (re: the supremely important 45-55 demographic) would care and do care a great deal - more than, say illegal immigration and perhaps even the patriot act (though the latter is just as serious). This is their money we're talking about here FCOL!! (for crying out loud)

You would need to stay on message though - but that, I think would be relatively simple:
(a basic story-line of your initial points):
1-devalue dollar instead of raising taxes
2-price increases in commodities are far more detrimental to the lower and middle classes than upper.
3-price of gold
4-the masses are getting screwed and RP is the only one who wants to do something about it

Keep it simple of course, but also eye-opening enough that if shown to any non-socialist baby boomer, "wow" would be the expected responce

;)

OptionsTrader
10-31-2007, 08:27 PM
OK I'll give it a shot this weekend. I feel strongly about this issue and will try to make it a vid worthy of viral-status.

wfd40
10-31-2007, 08:34 PM
OK I'll give it a shot this weekend. I feel strongly about this issue and will try to make it a vid worthy of viral-status.

radical man :)

rp4prez
10-31-2007, 08:43 PM
What I don't understand is how oil is at $95 a barrel and back in the day of the early 80's it was around $100 in today's money. People were shitting a brick back then when inflation was so damn high. Today when oil passes the inflation corrected 1980s price people still seem to think that the economy is going great because that's what they are saying in Washington. WTF are people watching/reading? Blows me away!

Malakai0
10-31-2007, 10:36 PM
The fed should have nothing to do with setting interest rate. It should be done by the market.


Did anyone hear in the last debate where McCain wished interest rate was set at zero? I wish RP would have called him out for it.

That was Thompson actually.

Dustancostine
10-31-2007, 10:40 PM
The US dollar has already fallen below the Canadian Dollar. But what is truly sad is we are about to drop below the Australian Dollar as well.

James R
10-31-2007, 11:13 PM
1) It is more than tax money that is going to the war. Via the unconstitutional Federal Reserve system, the value of the dollar in your pocket has been devalued 36% since the beginning of the wars in the middle east a few short years ago. The dollar index was 120 before the wars in Iraq and Afghanistan. The index was at an all time low of 76.4 today. A 36% drop in the buying power of that dollar in your pocket on the foreign exchange markets. The powerful few that profit from the war machine believe you are too stupid to realize that the value of your money is being transferred from the people, making the people poorer and causing them to work harder for less, even with higher wages that do not keep up with the debased currency.
2) Today, the Federal Reserve lowered interest rates, again, and the powerful few think you are still too stupid to realize what is going on.
3) Oil is $95 a barrel. An all time high.
4) Real money, gold, is at a multidecade high of $800 per ounce. The sharp rise in gold prices recently is indicative of deep financial problems. A warning indicator of a recession/depression.

This trend will continue as the war machine continues to build an empire overseas at the expense of the value of your money. Your salary may not change, but the amount of goods and services you will be able to purchase with your salary will be drastically reduced. This "inflation tax" has been eatting away at the value of your savings and eating away at your buying power. The Federal Reserve is devaluing the dollar "printing money" by creating money out of thin air and the American people are losing.

We must get this point across to everyone we meet.

Ron Paul is the only candidate with any credibility when it comes to actually putting an end to this "transfer of wealth" from us to those that profit from the $2.4 trillion war machine.

Personally I'm very disturbed by commodity prices. I got into gold & gasoline stocks early in the game in the months before 9/11. But at that time I never imagined that oil would break $80 a barrel or gold would break $800/oz. Specifically, I figured they would spike to about those levels and then settle down at about 3/4 of that level. Now I'm concerned that rampant inflation is what is causing the price spikes over those predicted levels rather than simple undervaluation in a growing world economy.

I have a small concern at this point they are covering up the problem on purpose, which if true will lead to wide-spread panic when the problem finally emerges on Wall Street. The Japanese went through something similar problem and it took them twenty years to recover after their markets were torn to pieces and the economy went into deep recession. I really have deep concern we'll have a rather nasty recession within the next ten years that will take twenty years to recover from. I only hope that people don't blame Ron Paul on it if he's the one in office.

Corydoras
10-31-2007, 11:25 PM
I really have deep concern we'll have a rather nasty recession within the next ten years that will take twenty years to recover from. I only hope that people don't blame Ron Paul on it if he's the one in office.

I have a feeling that The Powers That Be want to leave Hillary holding the bag on the war and the economy, and she's too dumb to see it, and they don't want someone like Ron Paul who might actually harm their hegemony.

OptionsTrader
11-01-2007, 06:16 PM
James,

I share your concerns. We are most assuredly headed toward a recession/depression if we do not drastically alter course. The U.S. economy needs Ron Paul to win. Anyone else in office is going to put the last nail in the coffin of the dollar, the index will go to 40, and everyone from the middle class to the poor will be wiped out.

In addition to Ron Paul's books (http://www.mises.org/studyguide.aspx?action=author&Id=392) and audio (http://www.mises.org/media.aspx)on the subject over the years, take a look at Financial Armageddon (http://www.financialarmageddon.com/)by Panzner. Ron Paul recently read it according to one of Panzner's blog entries I read a few months ago.

paulitics
11-01-2007, 06:18 PM
Can anyone tell me why gas is quite a bit lower than when oil was $80.00 in 2005, and 2006?

Based on the past, gas should be $4.00/gal regular.

kherty
11-01-2007, 06:25 PM
I have a feeling that The Powers That Be want to leave Hillary holding the bag on the war and the economy, and she's too dumb to see it, and they don't want someone like Ron Paul who might actually harm their hegemony.

I can agree with that assessment!

OptionsTrader
11-01-2007, 06:29 PM
There are some very good lectures in video form on Mises.org (http://www.mises.org/media.aspx) if you are interested in becoming truly informed about the connection between freedom and sound money.

I highly recommend that you search for the key words "Money and Prices" on http://www.mises.org/media.aspx and watch that video (http://mises.org:88/FEA9). It is very good.

Channing
11-01-2007, 06:36 PM
What I don't understand is how oil is at $95 a barrel and back in the day of the early 80's it was around $100 in today's money. People were shitting a brick back then when inflation was so damn high. Today when oil passes the inflation corrected 1980s price people still seem to think that the economy is going great because that's what they are saying in Washington. WTF are people watching/reading? Blows me away!

Oil is use more efficiently today and the economy is more service-based so a high oil price does not have quite same effect as it did then.

Still, that's no excuse for devaluing the dollar.

OptionsTrader
11-01-2007, 06:37 PM
Can anyone tell me why gas is quite a bit lower than when oil was $80.00 in 2005, and 2006?

Based on the past, gas should be $4.00/gal regular.

The price of RBOB on the market has many inputs and I have been getting long gasoline futures. I think gasoline is shorted to keep the consumer asleep and unaware of the devalued dollar as long as possible. Margins are way down right now in the refiners. Sunoco posted a ~ 40% plummet in profit last quarter. It is only a matter of time until RBOB breaks out in the coming weeks in my ever so humble opinion.

paulitics
11-01-2007, 06:47 PM
The price of RBOB on the market has many inputs and I have been getting long gasoline futures. I think gasoline is shorted to keep the consumer asleep and unaware of the devalued dollar as long as possible. Margins are way down right now in the refiners. Sunoco posted a ~ 40% plummet in profit last quarter. It is only a matter of time until RBOB breaks out in the coming weeks in my ever so humble opinion.

RBOB? in laymen's terms please? and why are the gas companies losing money, seriously. Im very interested in this, as is anyone who needs money to live.
If the companies are losing money, and oil is skyrocketing. As they say, POOOP has hit the fan.
:o

paulitics
11-01-2007, 06:51 PM
Oil is use more efficiently today and the economy is more service-based so a high oil price does not have quite same effect as it did then.

Still, that's no excuse for devaluing the dollar.

I think we have been conditioned to accept it. When gas hit 3.50 per gallon with Katrina, people reacted. Since it is lower at the pump, people are asleep. Its the proverbial frog in the pot analogy. If you want to cook it, turn the up slowly so it doesn't jump out of the water.

I also think the media is not reporting alot of problems, like the crashing dollar, and rapid inflation.

OptionsTrader
11-01-2007, 06:53 PM
RBOB? in laymen's terms please? and why are the gas companies losing money, seriously. Im very interested in this, as is anyone who needs money to live.
If the companies are losing money, and oil is skyrocketing. As they say, POOOP has hit the fan.
:o

Reformulated gasoline Blendstock for Oxygen Blending = RBOB. When you trade gasoline on the futures market, you are trading RBOB futures on the NYMEX (New York Mercantile Exchange). My personal opinion is that gasoline is shorted (price suppressed by big money intent on hiding the economic ugliness beneath the surface) to keep the price artifically low. And the price will be harder to manipulate with the lower Fed funds rate with more credit circulating debasing the dollar.

http://i10.tinypic.com/6g9beoo.jpg

OptionsTrader
11-02-2007, 04:24 PM
Dollar index ~ 76.300 today. Another all time low.

Gold $806.90, nearing the all time high.

Which do you want to hold in your account?

OptionsTrader
11-02-2007, 05:18 PM
Ron Paul is bullish when the dollar is crashing to new lows everyday:

All time high breaking into the 8% range on Intrade betting:

http://i3.tinypic.com/4qr52t1.png

http://www.intrade.com/jsp/intrade/common/c_cd.jsp?conDetailID=443007&z=1194045402421#

OptionsTrader
11-06-2007, 11:11 PM
As the Fed inflates and the forex market sells the dollar, it can only help Ron Paul's case for sound money. It's just another weather system joining the perfect storm.

The forex market could do more for Ron Paul's polling numbers overnight than any money bomb by dumping trillions of USD...

Dollar Index Futures 11/7/2007:
http://i22.tinypic.com/24busyg.png

OptionsTrader
11-07-2007, 06:48 AM
The foreign exchange market, the largest most heavily traded market there is, is voting for Ron Paul again today. Can you say dollar crisis that no one else is talking about?

Dollar Index Futures (was 120 before the Iraq War):

http://i21.tinypic.com/257gmt2.png

Euro vs. the USD:

http://i23.tinypic.com/1689cwn.jpg

OptionsTrader
11-07-2007, 06:54 AM
As a result, crude oil:

http://i20.tinypic.com/2dm5idu.png

Gold:
http://i21.tinypic.com/dnogfs.png

MozoVote
11-07-2007, 07:12 AM
YUCK. Look at that downgap! :eek:

OptionsTrader
11-07-2007, 07:16 AM
YUCK. Look at that downgap! :eek:

And to think, only one candidate is even trying to talk about it on the national stage. And you cannot trust the news to cover this.

The dollar is crashing and the majority of the American people don't even know yet.

misconstrued
11-07-2007, 07:45 AM
Damn I wish I had bought more gold!

OptionsTrader
11-08-2007, 06:05 PM
Ron slapped Fed chairman Ben Bernanke around today in the congressional Joint Economic Committee. Yet again. I love it when he does this.

http://www.youtube.com/watch?v=yAwvlDJgJbM

AceNZ
11-08-2007, 06:36 PM
The financial-weighted dollar has declined in value by more than 50% since 1985:

http://www.shadowstats.com/imgs/sgs-usd.gif

AceNZ
11-08-2007, 06:39 PM
Damn I wish I had bought more gold!

It's not too late!

The CPI-adjusted peak price of gold was about $2500 in 2007 dollars. Since the CPI is notoriously understated, the actual peak was much higher than that. This bull still has a long way to go....

F3d
11-08-2007, 06:41 PM
....

OptionsTrader
11-10-2007, 04:12 PM
On Bloomberg financial news video:

100% Chance of Recession & Stock Market to Plunge 50-60%

http://www.youtube.com/watch?v=l_0pqHzK324

David Tice, Prudent Bear Fund says there is a 100% chance of recession and says stock market to decline 50-60%.

Ref:
http://www.fxstreet.com/rates-charts/usdollar-index/

OptionsTrader
11-10-2007, 07:49 PM
FYI,

Ron Paul's largest stock holdings are all gold miners. He is such a wise investor.

Some of his top holdings:

ABX
EM
EGO
IAG
GG
KGC
NEM

lurker
11-11-2007, 05:57 AM
Hello,

I've been reading with interest the posts about inflation and currency devaluation.
I want to offer a few points that may help anyone in getting their message across, if you didn't know them already.

-Total cumulative inflation was 0% between 1820 and 1913
(Source: http://www.economicgrowth.org.nz/artman/publish/article_576.shtml, 6th paragraph).

-The Federal Reserve was established in 1913 and the final act of removing gold-backed currency was done in 1971. If we look at the graphs here: http://www.eternalvalue.com/Data/Inflation.pdf , and the line chart here: http://www.inflationdata.com/inflation/Inflation_Rate/Long_Term_Inflation.asp we can see the visible trends at each of these dates.

-The dollar has lost 96% of its value since 1913

lucius
11-11-2007, 06:08 AM
Welcome to the forums...

weatherbill
11-11-2007, 09:23 PM
I bought some gold and silver the day after the fed announced the last interest rate cuts.
The next day, the price dropped, but I knew it would pop right back up!

Silver can 3-5 times your money,....gold might 2X your money at the same time....

when a crisis hits, silver will out do gold becasue of supply shortage........you want silver more than gold.........if you hold everything in fed notes, you will be sorry.......when buying silver or gold, don't worry about short ups and down. Think of holding for more than a year and know, next year this time, we will see Gold over $900 per oz and silver over $20 per oz IMO.

the best place to buy is APMEX or KITCO.
KITCO has a traders account for gold, so if you wanted to trade it electronically, you can do so.......having it physically though, to hedge against the USD is better.

weatherbill
11-11-2007, 09:31 PM
good thing about inflation, is as it grows, people are getting more educated on it and will inevitably wind up being votes for Ron Paul.

OptionsTrader
11-18-2007, 07:25 PM
good thing about inflation, is as it grows, people are getting more educated on it and will inevitably wind up being votes for Ron Paul.

I have joked to colleagues that I hope gasoline futures get bid up soon and gas at the pump exceeds 4 or 5 dollars a gallon prior to the election.

OptionsTrader
11-20-2007, 05:11 PM
Crude oil for January delivery peaked through $98 for the first time today.

http://i18.tinypic.com/6pk4k7k.png

OptionsTrader
11-20-2007, 05:14 PM
Dollar:

http://i16.tinypic.com/8a201sx.png

weatherbill
11-20-2007, 08:59 PM
yesterday gold had a big drop. today, gold had a big rise. The market is getting volatile and this brings insecurity and fear in the market....the over all result will be people fleeing to gold, as the housing bubble has a long grandual slide down and the dollar gets more printing.....

was watching on CSPAN just an hour ago. Pentagon was saying the army will run out of money by feb and the marines by march.....you know what that means....congress getting the fed to print up even more billions....will only make the price of gold n silver keep going up.
Look for oil to go to $100 a barrel, maybe tomorrow.
Look for gold n silver to keep going as well.
They say if we were to go to 1980's gold spike at over $850, in today's equivilant, it would be $2500 per oz for gold, so I think a far worse crisis is coming, so gold has a long ways to go, but never buy at the top....wait for a dip to buy

OptionsTrader
11-20-2007, 09:43 PM
History in the making folks.

$99.29 oil a few minutes ago.

$100 is going to break today perhaps ... say thanks to George and Dick for destroying the dollar.

http://i15.tinypic.com/82kdx76.png

OptionsTrader
11-21-2007, 02:23 PM
Even with the Federal Reserve cutting rates every few weeks and manipulating the market with artificially low rates and cheap and easy credit, the stock market still slides. Such is the boom & bust that is artifically created by this unconstitutional policy.

S&P 500 Spyders (SPY) ETF:

http://i3.tinypic.com/7x0cjfm.gif

weatherbill
11-21-2007, 03:18 PM
yes, It's going to get worse. I think we're gonna see another jump in the precious metals in
dec. or jan.
I think we'll hit $900 an ounce if the fed announces more inflating, which seems to be innevitable, considering the army and marines are running out of money for the continuation of this long war.

OptionsTrader
11-21-2007, 03:45 PM
yes, It's going to get worse. I think we're gonna see another jump in the precious metals in
dec. or jan.
I think we'll hit $900 an ounce if the fed announces more inflating, which seems to be innevitable, considering the army and marines are running out of money for the continuation of this long war.

If the war spread to Iran, the value of the dollar is going to do what Fannie Mae and Freddie Mac have done over the past few months...

http://i10.tinypic.com/8b60yt1.gif
http://i5.tinypic.com/6llseqc.gif

OptionsTrader
11-21-2007, 03:47 PM
I was joking with a colleague today that Jay-Z knows has a better understanding of fiscal policy and the foreign exchange market than most of congress, as he demands to be paid in Euros

CurrencyShares Euro Trust (FXE)
http://i11.tinypic.com/6ofv71y.gif

sam1952
11-21-2007, 03:54 PM
Just what is the average person suppose to do with their investments and retirement accounts in this market to protect themselves?

Get out of stocks/mutual funds ? Buy CD's, gold & silver ?

OptionsTrader
11-21-2007, 04:22 PM
Just what is the average person suppose to do with their investments and retirement accounts in this market to protect themselves?

Get out of stocks/mutual funds ? Buy CD's, gold & silver ?

I don't give investment advice, but I own GLD, IAG, ABX, EGO, AUY and some other gold miners, and directly own hard metals in various forms including bars from Kitco.com.

From opensecrets.org (http://www.opensecrets.org/pres08/summary.asp?id=N00005906&cycle=2008), I can tell you what Ron paul owned the most of as of the last financial report date:

ABX BARRICK GOLD
AEM AGNICO EAGLE MINES
EGO ELDORADO GOLD CORP
IAG IAMGOLD CORPORATION
GG GOLDCORP
KGC KINROSS GOLD
NEM NEWMONT MINING

OptionsTrader
11-22-2007, 09:26 PM
The forex market is selling off the dollar yet again. On Thanksgiving, isn't that nice? Thanks Federal Reserve and thanks Bush administration for stealing money from the people to fund endless wars. Can't wait until you invade Iran and the dollar index goes to 30..............

http://i17.tinypic.com/817zuhs.png

weatherbill
11-22-2007, 11:40 PM
WOW, those charts are scary......we may see a bounce, but I doubt the dollar recovers back to where it was, unless Ron Paul gets in and striatens the FED. I would think that if DR Paul gets in, he will stop the spending, which will give us a stronger dollar. I thinkt the fed will want to perform well if they want to see their fiat have some favor. I think Ron Paul would not issue new currency right away to give the fed notice to straiten their act, while behind the scenes, be ready and prepared to issue new currency for if the fed decides to pull the plug on the dollar........ it will be shaking up the markets to get us where we should be at first...... I'm ready either way......! Of course, it could turn out totally different.........war is a game of deception. it will be interesting for the history books for sure!

OptionsTrader
11-26-2007, 03:04 PM
Market was ugly today, and humerously, GOOGLE's final trade for the day was 666.00 :eek:

Someone with lots of money obviously has a sense of humor.

Gugnico
11-27-2007, 03:17 PM
Hey all! I'm new around here, and still in the learning phase for economics in general. I've been following this conversation as best as I could. I really want to hit home for people that I talk to about the serious problem of inflation. But how does that tie into war spending? Naively, a decrease in the purchasing power of the dollar affects the military who spends it as much as it affects us, so how does printing money benefit them?

Thanks so much!

OptionsTrader
11-27-2007, 07:36 PM
Hey all! I'm new around here, and still in the learning phase for economics in general. I've been following this conversation as best as I could. I really want to hit home for people that I talk to about the serious problem of inflation. But how does that tie into war spending? Naively, a decrease in the purchasing power of the dollar affects the military who spends it as much as it affects us, so how does printing money benefit them?

Thanks so much!


Here's how it works:
It's 2001 (Afghanistan war on the horizon) and 2003 (Iraq war on the horizon) and 2007 (Iran war on the horizon) and you have this several trillion dollar war to wage over the next decade. You pimp the war with a subserviant media (Beck, Hannity, O'reilly, Limbaugh, etc) and get the people to think it is necessary. But, to fund a $10 trillion decade long war, you cannot declare war via congress, because declared wars are restricted to 2 years. So, you have the Congress duped (see Kucinich's 3 articles of impeachment (http://kucinich.house.gov/SpotlightIssues/documents.htm)) into supporting a resolution to hand over the power of beginning wars to the President, removing the balance of power to one man, unconstitutionally (Congress has the power to declare war and raise and support the armed forces see Article I, Section 8 (http://www.archives.gov/national-archives-experience/charters/constitution.html)).

Now that the congress is out of the way, and you can start wars in Afghanistan, Iraq, and later in Iran, you are going to need a way to pay for it. If you are honest about things, and pay for the war via huge taxation, the people will soon begin to revolt. You don't want that, you want them to be docile. So, you instruct the Federal Reserve to increase the money supply continuously, artifically keeping interest rates down, flooding the market with "dollars printed out of thin air"to fund the war. The net result of years upon years of this activity is to devalue the dollar (more of them floating around out there) and the people who spend the money first get to spend it before prices rise for the rest of us. The people in power (banks, defense, energy, brokers, futures traders) who are savvy or in the know, get to profit from the influx of cash, while the poor people and working middle class see prices rise, and their lives are more difficult and they have to work 2-3 jobs per house hold. See Ron Paul school Fed Chairman Bernanke (http://www.youtube.com/watch?v=yAwvlDJgJbM).

The net result:
1) More debt owed to China et al
2) An ever decreasing value of the dollar
3) Higher prices for oil, wheat, and everything else.
4) A larger and more hungry military/industrial/banking/Congressional complex that is more hungry for spending more and more money.
5) Lower quality of life for the poor and middle class.
6) A world that hates the United States for starting aggressive wars for the benefit of a select few elites.
7) A military draft to fill the boots of an overextended military.
8) Essentially we are enslaved, but the men in charge assume we are too stupid to realize it.
9) The empire will collapse due to a dollar crisis and we will be plunged into a world war as a last ditch effort to remain supremely powerful.
10) Other Democrats and Republicans offer you more of the same.

Ron Paul offers a solution:
1) A defensive, but not offensive military.
2) No more aggression, starting wars, or propping up dictators and overthrowing governments (see CIA). (saving trillions)
3) Bringing troops home from 130 countries, and 700 military bases overseas. (saving trillions)
4) Reforming monetary policy (gold and silver as a competing currency to the greenback dollar). Result: restrained government spending is forced by short circuiting the Fed's money press. We become more wealthy by our money increasing in value vs decreasing like the paper dollar, backed by nothing.
5) A constitutional government, drastically limiting the power of government, reducing it's size and drastically reducing the government's intervention in our lives (much lower spending and taxation).
6) Eventually, after a transition, shutting down the Federal Reserve, CIA, the IRS, and most entities ending in "Department" because these entities are unconstitutional and counter to a liberated free society. (saving trillions)
7) A happier, more wealthy, more peaceful, more free, more American America.

Read one of the links in my signature, Paper money and Tyrrany (http://tinyurl.com/2vevyq).

Gugnico
11-28-2007, 12:38 AM
Wow, great information. I had a sense that "getting to the money before the rest of us" was part of the deal.

That article is also pretty astounding. Thanks!

OptionsTrader
11-28-2007, 12:43 AM
Wow, great information. I had a sense that "getting to the money before the rest of us" was part of the deal.

That article is also pretty astounding. Thanks!

Paper money and Tyrrany (http://tinyurl.com/2vevyq) would be required reading for my students if I taught any class of any age. You could fit it into math, history, economics, just about any course.

OptionsTrader
01-04-2008, 04:13 PM
Well the market isn't too happy lately, well we market bears are.

Help us Obi-Ron, we need you:)

http://i15.tinypic.com/8eik6l0.jpg

OptionsTrader
05-31-2008, 05:04 AM
So much for $95 oil and people giving a damn before they were complaining like they are now. bahhhhhhhhhhhhhhhh.

manny229
05-31-2008, 05:33 AM
So much for $95 oil and people giving a damn before they were complaining like they are now. bahhhhhhhhhhhhhhhh.

I fear people will soon get use to $4 gas. Here in NY its 4.10 - 4.25 for regular. I've already heard some people say 4.00 is cheap!

OptionsTrader
05-31-2008, 05:36 AM
I fear people will soon get use to $4 gas. Here in NY its 4.10 - 4.25 for regular. I've already heard some people say 4.00 is cheap!

An experiemnt done in 1882 at Johns Hopkins illustrates that "a live frog can actually be boiled without a movement if the water is heated slowly enough; in one experiment the temperature was raised at a rate of 0.002°C. per second, and the frog was found dead at the end of 2½ hours without having moved"

Edward Scripture, The New Psychology (1897): page 300. The original 1882 experiment was cited as: Sedgwick, "On the Variation of Reflex Excitability in the Frog induced by changes of Temperature," Stud. Biol. Lab. Johns Hopkins University (1882): 385.

WRellim
05-31-2008, 09:19 AM
An experiment done in 1882 at Johns Hopkins illustrates that "a live frog can actually be boiled without a movement if the water is heated slowly enough; in one experiment the temperature was raised at a rate of 0.002°C. per second, and the frog was found dead at the end of 2½ hours without having moved"

Edward Scripture, The New Psychology (1897): page 300. The original 1882 experiment was cited as: Sedgwick, "On the Variation of Reflex Excitability in the Frog induced by changes of Temperature," Stud. Biol. Lab. Johns Hopkins University (1882): 385.

Always wondered if that was based in an actual experiment or if it was just an urban myth.

Where did you run across that reference?