HELLO I'M BACK!! what up everybody just bringing you some updates on my financial predictions. i predicted last year that oil would hit $120 a barrel this year we are at $115 a barrel already people. We have diminished refining capacity in America right now which will hit your pockets at the pump this spring and summer get ready. Mix that with this recession ,rising food costs and food riots across the world and I'll say we are in for a rough couple of years coming up. I told you people to get some financial literacy it's the only thing that can save you now. Take your savings and put it in silver and euros the dollar is falling fast and hard get out before it goes to zero LOL.
You see we Americans are complacent and think that the U.S is the sun and every other nation revolves around us, but the truth is this is a global economy right now and those days are over. In this global economy the American empire is shrinking in power and economic dominance. I'm almost certain people don't even know that ethanol is driving up corn prices which is driving up food prices. Corn is a very important crop it is used for cattle and pig feed. it is in almost every thing we eat look at the ingredients in your soda juice and food wrappers they all say corn fructose. The all time high wheat prices are causing bread prices to soar making a basic consumer staple like bread unaffordable. The people can't even afford their daily bread.
If you trade stocks like i do I'm here to tell you that this market will go down considerably before it goes back up some where around Dow 11,600
my top holdings are: skf, srs, gld, fxp these stocks will short the market and give you some gold exposure.
[to the economically challenged short the market is betting it will go down and when that happens these stocks go up and vice versa]
REMEMBER THE GOLDEN RULE PEOPLE HE WHO HAS THE GOLD WILL RULE...
P.S. Don't believe me on the food riots check it out for your self below.
FOOD RIOTS IN HAITI, YEMEN AND EGYPT:
FOOD PROBLEMS IN MEXICO[ tortilla riots prices lol]:
http://http//www.bloggingstocks.com/2007/02/02/the-story-you-didnt-read-mexicos-tortilla-riots/
http://http//www.usnews.com/articles/news/2008/03/07/the-growing-food-cost-crisis.html
Thursday, April 17, 2008
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