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AUS DOLLAR RISE,S AS GOLD. GREENBACK FALLS
David
The australian dollar has hit 93 cents up from 87 cents a few weeks ago , gold has broken historical levels only a few weeks ago and is today $1063.00 on its way up to reflect the pesimistic outlook the world has in general , more people are converting there paper assets to solid gold for security and inflationary protection ..
what events do the big boys see to justify there actions to purchase gold as a hedge against inflation , and if inflation hits globally as it allready is disguised as global warming taxs ,E.T.S schemes and so on , how will people aford to live as there standards errode indirectly from rising power bills and gas bills and all products manufactured that will add to the increases for there products?....
global air tax is the ETS { EMISSIONS TRADING SCHEME} how else can the gst increase without the sheeple being alearted .. "increase it indirectly ".. this is how the loss of revenue to the government is recovered from unemployment rising and for the cost of bailouts not to mention the gross domestic product of australia shrinking as the onset of the greatest depression continues to drive foward as america the largest consumer of the world begins to crumble . Governments around the world prepare to raise interest rates to lure Foreign capital investments and gather taxs through manipulative deceptive means as they dry up.....
The poor will get poorer as they are today , more people will become homless, as they are today.. the costs of everything will rise, as they are today and the increases will speed up as they are today . Round 2 then round 3 inflation running rampant.....
but dont take my words for it look around.. electricity bills 12 cents a killowatt only 12 months ago and today the 3rd hike in that period to 19 cents and gas as well.. Increases due to this new tax called ETS " {gst} " we are now not 10% gst we are 15% or close.....are you ready for the cost of living to rise as this last increase feeds through the bills of life..?....
ps: as the dollar in australia rises so to does our tourism decrease in a large way .. unemployment in this area will surge as the united states continues to fall so too will its dollar devalue inflating our own here in australia . is it really that australias economy is going strong defiying the world or is it that the US dollar is collapsing faster than the rest of the world inflating the exchange rate for the short term..as we are all on the same ship its just that americas at the front and australias at the back of the ship, and as the ship sinks from the front first the rear of the ship rises before it follows the front down. I suppose whilst this is happening it could be said we are doing better but in reality its just borrowed time.....
The tirick is never panic the passangers before they hit the water ,as the passangers always out number the crew , just tell them all is fine no matter what as only a few may look down the sides to see the water rising. "and here is what i see when i look down those sides"
gold prices. power prices.. food prices.. job losses.. interest rate hikes..bailouts.
inflation. dollar collapse.. food shortages.. war .. obama noble peace prize?
when has the world ever seen so many events comming to a head..
The economic ship is sinking and there bailing it out and where all on it..
INFLATION is the water rising faster than it can be bailed out
Samuraidave
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| 23/10/2009 |
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