Author Topic: Backyard talk and why CNBC is dangerous.  (Read 257 times)

MB_722

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Backyard talk and why CNBC is dangerous.
« on: February 21, 2011, 11:17:05 PM »

Bindare_Dundat

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Re: Backyard talk and why CNBC is dangerous.
« Reply #1 on: February 22, 2011, 06:22:39 AM »


If everything is going to be ok, why is this guy buying gold and silver and stocking up on food? Why not just ride the wave and wait for things to improve if its not that bad and things havent been cheaper? The fact is when oil swings up almost 10 percent in a day almost reaching $100 a barrell in a shit economy, when QE is in everyday folks' vocabulary, when unempolyment is at record highs, the fourth qurter in housing is crashing, record food stamp particiaption,  etc... things arent going to be ok for many, many people.

This is just another chapter in a long story, watch out before you get blindsided.

newmom

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Re: Backyard talk and why CNBC is dangerous.
« Reply #2 on: February 22, 2011, 06:28:46 AM »
If everything is going to be ok, why is this guy buying gold and silver and stocking up on food? Why not just ride the wave and wait for things to improve if its not that bad and things havent been cheaper? The fact is when oil swings up almost 10 percent in a day almost reaching $100 a barrell in a shit economy, when QE is in everyday folks' vocabulary, when unempolyment is at record highs, the fourth qurter in housing is crashing, record food stamp particiaption,  etc... things arent going to be ok for many, many people.

This is just another chapter in a long story, watch out before you get blindsided.

^this

seriously, it's fucking scary