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Overunity Machines Forum



I see an economic diasater coming...

Started by the_big_m_in_ok, September 03, 2009, 01:05:30 AM

Previous topic - Next topic

0 Members and 2 Guests are viewing this topic.

Do you think the American economy will ever improve?

Yes, definitely
Possibly, in the long run
No, it will worsen
Undecided

the_big_m_in_ok

Quote from: X00013 on April 13, 2010, 02:44:11 PM
As interest rates rise, gold ( and i dont mean stock) is king,buy A,...
When the economic conditions get so bad that a depression occurs,  Gold will do no good.  My late uncle told me gold and cash had a whole lot less value in the Great Depression.
Quote
...food, fire power is king.  And for ten grand you have nothn 2 loose.
Right.  Commodities are the best way to go.  Don't let anyone know you have them, though.  They'll come looking for you.

--Lee
"Truth comes from wisdom and wisdom comes from experience."
--Valdemar Valerian from the Matrix book series

I'm merely a theoretical electronics engineer/technician for now, since I have no extra money for experimentation, but I was a professional electronics/computer technician in the past.
As a result, I have a lot of ideas, but no hard test results to back them up---for now.  That could change if I get a job locally in the Bay Area of California.

X00013

Big o, your wrong, gold had value, us dollar notes could no longer be changed for gold



triffid

I read an interesting article in which bars of soap and packs of smokes were sold to secure funds for a good evening of entertainment in post war japan.The two seamen involved had no gold to sell.But they had soap and smokes from the ships stores.These things were scarce and hard to come by in post war japan.So they sold them for a good amount of money.Smokes go stale after 6 months to a year but bars of soap last 2 or 3 years or longer?I bought my second set of solar cells tonight on ebay.So now I will have 45 plus cells to work with.triffid