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Thursday, March 03, 2011

A State Of Financial Emergency?

Joe,

I know you get busy doing what you do for the blog everyday. I want you to know that some time ago you posted a video. I included a link to the video below.

http://www.stansberryresearch.com/pro/1011PSIENDVD/OPSIM305/PR

Although this is an attempt to market a product, he indicates that his financial predictions were accurate in the past even though others ridiculed his predictions. However it's important to note the following. When you posted this previously, the  U.S. dollar was the worlds reserve currency. This guy predicted that should that status change, fuel would immediately skyrocket. Sometime after you posted the video, nations around the world began engaging in dialogue designed to change the worlds reserve currency. Although no currency has been decided upon to replace the U.S. dollar as the worlds reserve currency, some nations have begun to use their own currency to deal with other countries who also refused to deal in U.S. dollars. Now look at whats happening. I recognize the fact that things in the middle east and Africa are unstable but this instability is suspect. Our dollar is falling away from being the worlds reserve currency and fuel is skyrocketing - just as the author of the video claimed it would. the price of food is skyrocketing as well. I bought cracked corn for my chickens 3 weeks ago and it was almot 9 dollars a bag - now its almost 12 dollars a bag. 73 cents each for nectarines. People had better get ready Joe.  This guy knows what he's talking about. Also, the things this guy predicted are not far at all from what we talked about happening.

2 comments:

  1. Of course he'll still accept dollars as payment for his program...

    ReplyDelete
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