european consumer debt network

Best Bet for the little money that could make you rich!

By Michael Webster: Investigative journalist syndicate.   January 5, 2009 at 4:30 PM PST.

Opinion:

I have been advocating for years IMHO, the average person like me should buy the money, not real money or labor certifications, but rather parts of coins, bars, ingots, and even jewelry silver. I am not a financial advisor, financial advisor or in any way interested in sharing with my readers what it is they do and what they do. Also, I think, also protect you if you buy the physical possession of silver and hanging from the belt and the Silver Tower, soon started to roll up.

Money is the gold of the poor, as this paper is on the money $ 11.00 an ounce. That means that even a relatively low money buys a lot of money.

In my opinion, investing in silver is the best defense and protection against all economic prospects, including a forecast of dollar devaluation U.S., recession, depression, inflation, deflation and hyperinflation.

See what others are saying about the economy, investment and the future.

Clive Maund is an English technical analyst, a graduate of the Society of Technical Analysts, Cambridge University, Cambridge, England. Maund says, "investors fleeing clock to the perceived safety of U.S. Treasury bonds is similar to watching people on board Titanic in the film – they know they are doomed.

This is because U.S. is totally bankrupt – in fact most of the bankruptcy, as debts are physically impossible to pay all the circumstances and what we are witnessing today is how to lose – the creation of money in any amount is needed to avoid saturation of total … .. This is an inevitable consequence – the hyperinflation, which by the way, you can take, even in conditions of deepening recession / Depression. "

Puru Saxena Investment Manager expressed their views this way. "It should be noted that the financial system our world has been hijacked by money printing. If the Federal Reserve, the Bank of England and European Central Bank – they are creating money "Heaven and inflate the supply of paper money … .. While paper money (money) gained some purchasing power in recent months due to the forced liquidation of securities markets, there possibility that maintain their value over the medium term and long term. History is full of paper currencies of many who became totally useless, and I suspect many of which will also disappear. "

Even the largest financial institutions are suspect. Analyst James Quinn writes, "Hank Paulson has been distributed in 180 billion for the 30 largest banks in the country in an effort to remain solvent. It is now clear that the largest banks the country with the "smarter" MBA, took excessive risks created then bought their own toxic products, and lied to the public and its shareholders on its real financial situation. "

Fund managers, the Talking Heads to the financial television and permanent bulls have been wrong. It's time to start listening to people who were right. All of them warned against the dangers of runaway money and credit expansion. Most people still underestimating the scale of this crisis. They expect the stock market will recover and everything will be back as before. What will happen is unknown, but is dangerous to base their beliefs on the things you want to happen. If you do not want to listen to Wall Street types are still expressing optimism you can lose even more.

Dr. Krassimir Petrov writes: "Unfortunately, the depth and duration of the crisis are being reduced. At present, the crisis is in its infancy."

Analyst Christopher Laird would agree. He writes: "America Wins $ 9000000000000 national debt of 240 years, and within a year and a half, adding another $ 8 trillion dollars? And why? Credit markets remain frozen. "He continues:" More than a billion dollars in market leverage are running, and if you add all the efforts of the Central bank to relax the credit markets, not bailing out the banks, adding 15 to 20 billion dollars. Well, 20 billion is not enough to stop a trillion dollars in debt markets. Therefore, efforts are doomed to failure. "

James Quinn sends a message of concern. "There are 50 trillion in credit default swaps outstanding. The hundreds of billions of dollars in public funds have been paid were used to pay AIG CDS [credit default swaps].

As brilliant banking analyst, Chris Whalen, at least $ 15000000000000 of these CDS will be paid. All central banks around the world can not create on paper a much of the thin air. "

Quinn continued, "large amounts of credit card debt and auto loans by default in 2009. Consumers now have 2.6 trillion U.S. dollars of consumer debt, up from 2.1 billion dollars in 2004, an increase of 24% …. With 3 million jobs lost in 2009, lost credit card will be much larger than $ 100 000 000 000. JP Morgan, Citigroup and Bank of America to lure new Taxpayer depression because of these unexpected losses. Nationally, an estimated $ 575 billion in auto loans, New and used are written each year for automakers, banks, credit unions and other lenders … .. With the average length of car loans over 5 years and a significant slowdown, millions of consumers in the water with their car loans … .. It is clear that consumers are falling apart. The toxic combination of spending cuts and mass layoffs down the last pillar of the economy, commercial real estate … .. After future sales horrible holidays, retailers are the most indebted weak bankruptcy in mass. owners of shopping centers that have expanded the haste with a generous amount debt in recent years will run out of income and debt choking to death … .. Office occupancy decline in rental income and deposit. "

What's an investor to do? How can you protect yourself? After the Treasury has given $ 300 billion Citigroup, one of the bank's analysts wrote these words. "Gold is ready for a dramatic increase and could furnaces with $ 2,000 an ounce in late 2009, central banks flood the world monetary system liquidity. "While money is not mentioned, it should be clear that the reasons for the rise of gold will boost money probably more.

Money according to analyst Ted Butler "This decline in base metal production and derivatives Silver and deteriorating economic conditions in the world gave him the opportunity to enjoy a truly stunning location. The circumstances have converged to make a better buy by money than ever before to a sharp sell-off since the summer. One thing to say money is a better buy than ever, and another to support this assertion up. Here is backup – is in short supply and never threatens the supply of increasingly tight. It is the cheapest was for years. global economic conditions are favorable, more than ever. It has more of a loud and making daily headlines in the long term. The handling is closer to the end than ever. All you need avoid is waiting too long to buy it. "

Editor's Note:

the accused Michael Webster survey reports are read worldwide, in 100 or more points and at least 136 countries and territories. He has published articles of MaximsNews, which is associated with MediaChannel.org and Globalvision News Network News global media and information services with more than 350 new branches in 135 countries. Many of the articles of Mr. Webster are printed in six working languages: English, French, Arabic, Chinese, Russian and Spanish. With more than ten languages planned in the near future.

Mr. Webster is the leading authority on American Capital Funding Risk / equity. A trustee on some of the assets of the company's most important EU. A noted author, professor, educator, director of Emergency the fight against terrorism, the war against drugs and the war on terrorism specialist, Business Consultant, Newspaper Publisher. Radio News caster. Labor Law generalist, Teamster Union Business Agent, General Organizer of the Union Rank and file member for claims, NLRB Union Representative, who negotiated a contract with the Union of Appeals of Workers' Compensation Board Hearing Representative. Mr. Webster publishes the online journal Journal of the Laguna and the research reports for print, broadcast and online news agencies.

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About the Author

America’s leading authority on Venture Capital/Equity Funding. A trustee on some of the nations largest trade Union funds. A noted Author, Lecturer, Educator, Emergency Manager, Counter-Terrorist, War on Drugs and War on Terrorist Specialist, Business Consultant, Newspaper Publisher. Radio News caster. Labor Law generalist, Teamster Union Business Agent, General Organizer, Union Rank and File Member Grievances Representative, NLRB Union Representative, Union Contract Negotiator, Workers Compensation Appeals Board Hearing Representative. Investigative Reporter for print, electronic and on-line News Agencies.