The Conservative Cave

Current Events => Politics => Topic started by: 5412 on June 01, 2009, 03:32:08 PM

Title: Fed has no clue, this is so pathetic, don't know whether to laugh or cry!
Post by: 5412 on June 01, 2009, 03:32:08 PM

Hi all,

I watched this as the IG of the federal reserve is being questioned and this is beyond any reasonable definition of incompetetence.  I was being truthful when I say I was torn between laughing or crying as I watched this.  It appears to me that the only way to fix things is to flat start over, this government is so out of control it is beyond fixing.

regards,
5412


http://www.silverbearcafe.com/private/05.09/mindingthestore.html

Title: Re: Fed has no clue, this is so pathetic, don't know whether to laugh or cry!
Post by: BadCat on June 01, 2009, 03:36:54 PM

I hope you're buying lots of gold, buddy.

Title: Re: Fed has no clue, this is so pathetic, don't know whether to laugh or cry!
Post by: Chris_ on June 01, 2009, 03:42:10 PM

Quote from: BadCat on June 01, 2009, 03:36:54 PM

I hope you're buying lots of gold, buddy.

Lots and lots of grain, and the other assorted materials necessary to make bread with.

If it's gonna take a wheelbarrow full of these:

(http://img.photobucket.com/albums/v601/BigRobT/ObamaMoneyFront.jpg)

to buy a loaf of bread with, just think how "rich"  ::) the guy with the bread can get...

Title: Re: Fed has no clue, this is so pathetic, don't know whether to laugh or cry!
Post by: 5412 on June 01, 2009, 10:44:11 PM

Quote from: BadCat on June 01, 2009, 03:36:54 PM

I hope you're buying lots of gold, buddy.

Hi,

I am buying several metals, and there are several ETF's you can buy denominated in foreign currency.  I read recently where in times of high inflation you want currency in countries that export gold and oil.  The Canadian dollar, Australian Dollar and the Euro is also on a roll.

Hope you too are diversifying.....

regards,
5412