So Wal-Street isn't totaly awash with brain dead Fed addicts afterall!

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  • rushthezeppelin

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    Dec 28, 2012
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    Be prepared: Wall Street advisor recommends guns, ammo for protection in collapse | WashingtonExaminer.com

    This guy actually gets it.

    I really like the comment on the article that goes as follows"

    I asked my financial guy, should I invest in gold? He said, no, lead-and make sure it has gun powder behind it....true story

    So do you guys think the PTB will be able to continue this slow mo decline or do you think once the next major bubble bursts our country will be thrown into full blown turmoil? I really hope we can make a difference in 2014 and start to get things back on track but there is ALLOT of work to be done to even make a dent in the destruction of our economy and Constitution. I feel even with a congress full of responsible legislators, too much damage has already been done to come back from. I try to be optimistic but it's becoming increasingly harder and harder.
     

    jtw2

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    Dec 5, 2013
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    I don't think we'll make it to the mid terms. The bubble is inflating fast right now and when it bursts this time the fed has no more cans to kick down the road in its bag of tricks. It will probably take a few months but when you hear they are closing the banks "for a few days" then it's already happened and you have about 72 hours to get to your bug out.
    of course as always that's just my opinion.
     

    breakingcontact

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    Unfortunately the economy needs to crash because its been so over inflated. The market has been hitting record highs based off of pumped up debt injected to keep it going. CEOs and shareholders dont care where the profits come from and if its sustainable or real. Once the Fed starts reducing its bond buying things should start cooling off. They are just hoping it doesnt tank after multiple years of artifically low rates.

    As far as the specific investment CEO in the article i dont know how much he is relying on market signals vs personal gut feelings and belief.

    All i know is when you step back, our economy looks like a massive bubble without much to prop it up.
     
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    azkcr

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    Dec 24, 2013
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    I gave up on investing a long time ago.
    Even when bread is $1,500/loaf, guns and alcohol are still desired at the same value if not more, than before a disaster.
     

    breakingcontact

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    The Fed will hold around 4.6 trillion in bonds next year and thats with tapering their bond buying program!

    They cut the interest rates about as low as they could. Then to keep the rates low they bought bonds like never before, creating excess monetary supply tying our dollar to nothing of actual value...whats the next step to "keep the economy going"?

    The market has been demanding the Fed do "something" when what they should have done was nearly nothing and we wouldnt have had the big housing market bubble and burst.


    I barely understand the basics of our economy and monetary policy so i dont know how "Joe 6 pack" is supposed to understand it.


    The 12 presidents of the federal reserve banks are some of the most powerful people in our country and they dont agree on what to do next and dont really know whats happening with their impact on the economy and it should scare the hell out of everyone that their next move will be a collective guess.
     

    breakingcontact

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    We'll see what happens when the Feds cease the pumping of funds into the economy. "Pray for the best but prepare for the worst"

    Their idea is that tapering their buying will spread out the effects over a long term will help minimize the markets reaction. Previously all it took was one word spoken about reducing QE and the markets shook with fury so if they actually start turning off the money supply, i dont see how it wont bring about a large correction.
     

    jordanmills

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    I don't think it's going to happen as fast as a few of you think it will. It's been "any month now" for the past twenty years that I've been paying attention.

    On the other hand, if you compare the return on ammo versus gold versus dollars over the past ten or twenty years, I think ammo would have returned many times its value, gold a few times its value, and dollars a half or three-quarter value loss.
     

    breakingcontact

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    Im not predicting any sudden calamity. The economy of the US is increasingly tied to other countries which is good and bad. Also part of economics cannot be explained. Who knows what crazy world trend may push things one way or another.

    I do think that our economy is built on artificial money and its very dangerous but the Chinese would hate to lose us as a market so they may invest even more.

    Who knows? But if we compare our current situation to historical markets/economies, we are basically in uncharted water.
     

    Shooter McGavin

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    Jul 26, 2012
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    Their idea is that tapering their buying will spread out the effects over a long term will help minimize the markets reaction. Previously all it took was one word spoken about reducing QE and the markets shook with fury so if they actually start turning off the money supply, i dont see how it wont bring about a large correction.

    Not doubt that it most definetly will have an affect on the market, hell wind direction has an effect on the dag gum market. I believe the slow and low tactic will give the markets the best advantage of adjusting while keeping damage to a minimum. It's gonna get rocky but a complete collapse, even worse than the most recent? Though plausible I believe it to be highly unlikely...
     
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