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Politics and Religion

Something to think about........SCARY!confused_smile
salonpas 1464 reads
posted

The Last Time the Dow was at this level was October 11th 2007:

*Then GDP Growth: +2.5%;  Now +1.6%

*Regular Gas Price: Then $2.75;  Now $3.73

*Americans Unemployed (in Labor Force): Then 6.7 million;  Now 13.2 million

*Americans On Food Stamps: Then 26.9 million;  Now 47.69 million

*Size of Fed's Balance Sheet: Then $0.89 trillion;  Now $3.01 trillion

*US Debt as a Percentage of GDP: Then ~38%;   Now 74.2%

*US Deficit (LTM): Then $97 billion;  Now $975.6 billion

*Total US Debt Oustanding: Then $9.008 trillion;  Now $16.43 trillion

Oh yea this is really going to end well!

mattradd141 reads

Time to buy some more gold!   ;)

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salonpas149 reads

Gold in itself is useless: You can’t trade it as currency, eat it, drink it, drive it or build with it. Gold, being utterly useless, has but one use: it cannot be counterfeited. Put another way, Gold's sole use is to keep men/Countries honest.

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tonightoutcall125 reads

Wait until we start paying our politicians with gold.

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Snowman39148 reads

and your savings will be WORTHLESS!!

Diversify!! Personally, with interest rates so low, long term investment properties are the route I am going. Buy it and let someone else pay it off. if inflation hits, the values of the properties will rise as well. OPM is the way to go!!!

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