we're about to enter a recession/depression, the euro is about to blow apart, Asia is in the tank, pm's have declined for over a year, and all you have to say is "relax"?
where's my USD failure? this is a one year chart which is good enough for trading for most people's time horizons and all i see is a line going from the bottom left of the chart to the upper right:
I gave my trust to metals as a saving media regardless of its fiat exchange rate, because a) I abhor Wall Street swindlers and money changers, and b) I refuse to play the rigged games. It's a moral thing (and a religion thing as you've said
I asked you to relax because I sensed a lot of emotion in your message. If everything is moving toward the direction you predicted, shouldn't you just relax and enjoy the ride?
After all the sky won't fall, just like the world didn't end in 2008, or 1929.
Pretty well said vis-a-vis your rationals (since they largely capture mine I guess.)
Crisis tend to produce opportunities of their own, though one must sometimes be somewhat heartless to capitalize on them. More interestingly, the periods following tend to be pleasant with a rising tide floating all boats. I have some hope that my golden years may still fall largely within one of these periods.
I do have an unpleasant feeling that this time may be a little different since we seem to be at some 'peaks' in important things. Like Martenson points out, we are at a unique point in human history where we our future will be one of making more with less in terms of energy...and is synonymous for all intents and purposes with a lot of other terms...like 'food', 'raw minerals', etc, etc. That was not the case coming out of the 30's; at least not for the US. In the back of my mind is the nagging feeling that a depopulation event is the most 'natural' and effective way that this marker will be approached. I hope I am wrong as have been many people to this time.
