I predict

Glen48 · 9 October 2008

I predict the 2M small business that are hanging on by their Finger nails will slip due to the customers not spend rather than the spending which got us in the situation.
The money supply will be tied to Gold once this sorts it self out.

mr_delta · 9 October 2008

Ok guys….on a serious note…I have two predictions…

Both of them are reversals of what I predicted to my group of friends a few months back….I had predicted “severe financial market turmoils in the days ahead” and “regular air crashes”…both of them have been frightfully true so far (more than 10 air crashes in the last 4 months and the less said about the financial markets the better)…

At the time I had said that both these events will go on till the 5th of November 2008…I put this in writing on a forum today (ASF) that the last major news of this present financial turmoil and the series of Air crashes we have seen in the past few months (Qantas bungles included) will almost fade out from 05/11/2008…the residual effects will not be major news items for a few months till probably 10th January 2009 (this date will be confirmed in a day or two – I will post once again on this)…the events around 10th January will be horrifying and on the scale of September 11 attacks…

Green08 · 9 October 2008

mr_delta said:
Ok guys….on a serious note…I have two predictions…

Are you taking over from Yogi's readings???? What's your source? If the Mod's were here they would make you back your predictions up with analysis

Buddy · 9 October 2008

mr_delta said:
Ok guys….on a serious note…I have two predictions…

Both of them are reversals of what I predicted to my group of friends a few months back….I had predicted “severe financial market turmoils in the days ahead” and “regular air crashes”…both of them have been frightfully true so far (more than 10 air crashes in the last 4 months and the less said about the financial markets the better)…

At the time I had said that both these events will go on till the 5th of November 2008…I put this in writing on a forum today (ASF) that the last major news of this present financial turmoil and the series of Air crashes we have seen in the past few months (Qantas bungles included) will almost fade out from 05/11/2008…the residual effects will not be major news items for a few months till probably 10th January 2009 (this date will be confirmed in a day or two – I will post once again on this)…the events around 10th January will be horrifying and on the scale of September 11 attacks…

Anything significant in your mind about 5 November?
Of course, you do know that day is Guy Fawkes.
Could be a really big bang! :grenade:

nioka · 9 October 2008

Glen48 said:
The money supply will be tied to Gold once this sorts it self out.

Gold is yesterdays symbolic wealth and is going the way of shells and trinkets.

Tomorrows wealth will be based on the production of goods and services as it has been for the last 50 years. The exception being the times when people have created a money supply based on pyramid selling. The IT boom and bust is an example. We are having a mini boom and bust in uranium, iron ore and other metal stocks where some "never to be" producers cashed in and were sold on the back of the successful ones. We have had a boom and bust now of the financial world. The future is goods and services. Australia's future is tied to successful selling those goods and services to China and India.

nunthewiser · 9 October 2008

nioka said:
Gold is yesterdays symbolic wealth and is going the way of shells and trinkets.

am i allowed to say "what a load of bollox" here ?

Sir Osisofliver · 9 October 2008

MrBurns said:
I advise to get out of debt as much debt as you can ASAP if possible.

It's happening before our eyes as I write this, the RBA will lower interest rates again very soon to try to slow things down, thank goodness we have a buffer there but it wont stop the rot.

This is a clean out of all the BS "no interest no repayments til 2020" Harvey Norman type activity and a lot of other similar practices.

So thats all over now, the whole scene will change so prepare yourself for a much simpler life without the hyperdebt mentality.

Emphasis mine.

So Monty...care to run past me how a drop in interest rates is meant to slow things down?

Also...

Only as a desperate action to keep the ecomony moving a little, you can see what the drop did yesterday though...nothing, it will have to come down a bit more first before people will start to get moving again after it bottoms out.

I hope the drop yesterday doesnt sucker people back into the property market though, that would be almost criminal.

Do you think that pricing actions by the reserve bank..

1) Work immediately and flawlessly like a well oiled machine, to bring our economy back into a perceived ideal state regardless of anything else that happens... or

2) Are part of a chaotic and dynamic system where the exact predictability of any given action is difficult to determine accurately within a reasonably small period of time, and is more of a broad brush stroke approach which may the subject of unknowable vectors such as time lags, human emotional sentiment and chaotic human actions based upon that emotion?

Eagerly waiting.

Sir O

nioka · 9 October 2008

nunthewiser said:
Gold is yesterdays symbolic wealth and is going the way of shells and trinkets.

am i allowed to say "what a load of bollox" here ?

Certainly say it. I think you are wrong. Currencies are no longer based on gold. Gold may be a refuge on a terporary basis but try walking into a shop and spending gold. Try paying someone in gold. The true value of gold will be based on how much it is used in industry. People no longer adorn themselves in gold. As I said "gold is yesterdays symbolic wealth".

lular · 9 October 2008

A sign of the times?

NYC National Debt Clock runs out of digits

nunthewiser · 9 October 2008

apart from the fact that Gold is and has been used as a form of currency since adam was a kid , i suggest you google gold and its uses before u call it as only used for trinkets

cheers

mr_delta · 9 October 2008

Buddy said:
Anything significant in your mind about 5 November?
Of course, you do know that day is Guy Fawkes.
Could be a really big bang! :grenade:

Nope not because of Guy Fawkes Day or anything...this is based on astrological events related to Planet Mercury (which controls "finance" and "communications" --> read "air travel" in this instance)...I do not have access to my original pen-and-paper analysis done a few months ago before these events...I will search at home and give you the start date of these air crashes....Nov 5 is not that far away and we can re-visit this again if there is any interest on this topic at the time...

kotim · 9 October 2008

We can never go back to Gold as backing for money. Their is a finite amount of gold which means there would be a finite amount of money available. The expansion or creation of credit is what has allowed companies to go and borrow money to do whatever they want. If you do away with credit creation, companies cannot borrow money, hence no production and no advancement in technology etc.

We just have to have tighter controls or more transparency int he system to ensure that we don't have carnage as a follow up to super excess.

It amazes me that people think going back to the Gold standard will make a difference, yeah it certianly will but we would then have to go back many centuries and see what happens when people can't get acccess to money, they starve and their is many more poor.

MrBurns · 9 October 2008

Sir Osisofliver said:
Emphasis mine.

So Monty...care to run past me how a drop in interest rates is meant to slow things down?

Also...

Do you think that pricing actions by the reserve bank..

1) Work immediately and flawlessly like a well oiled machine, to bring our economy back into a perceived ideal state regardless of anything else that happens... or

2) Are part of a chaotic and dynamic system where the exact predictability of any given action is difficult to determine accurately within a reasonably small period of time, and is more of a broad brush stroke approach which may the subject of unknowable vectors such as time lags, human emotional sentiment and chaotic human actions based upon that emotion?

Eagerly waiting.

Sir O

Drop in interest rates stalls the freefall momentarily it's the only weapon they have.

Also - part 2/

The Govt knows very little about all of this and despite advice from all corners can only realistically follow one path - talk calm and try anything.

Britain is nationalizing their whole banking system, if that isn't a sign of controlled panic what is ?

If you want to know any more my book comes out in a month - RRP $39.95

hang on phone call..................................that was my publisher make that

RRP $9.95

nioka · 9 October 2008

nunthewiser said:
apart from the fact that Gold is and has been used as a form of currency since adam was a kid ,

So were shells and trinkets. Gold is near it's useby date. It is a long time since adam was a kid.

nunthewiser · 9 October 2008

LOL have a nice day Nioka

i do suggest you have a readup on Gold and its uses but hey if you dont thats ok too

cheers a rolling eyed nun

Green08 · 9 October 2008

mr_delta said:
will almost fade out from 05/11/2008…the residual effects will not be major news items for a few months till probably 10th January 2009 (this date will be confirmed in a day or two – I will post once again on this)…the events around 10th January will be horrifying and on the scale of September 11 attacks…

Do you realise Mr Delta that there are many here teetering on the verge of physiological breakdown from severe losses and your questionable "sagely" advise is not helping.

If this is your idea of a joke it is in poor taste as there are those who are truly traumatized will have a harder time mentally taking your elusive ideas on.

Even Nostradamus was off the charts on things.

Please confirm why the given dates are so important with charts. Why you propose the 10th of January is 'horrifying' please clarify what you mean by this definition and what exactly will happen.

Julia · 9 October 2008

mr_delta said:
Nope not because of Guy Fawkes Day or anything...this is based on astrological events related to Planet Mercury (which controls "finance" and "communications" --> read "air travel" in this instance)...I do not have access to my original pen-and-paper analysis done a few months ago before these events...I will search at home and give you the start date of these air crashes....Nov 5 is not that far away and we can re-visit this again if there is any interest on this topic at the time...

Okey Dokey, Mr Delta. Many thanks. Will prepare accordingly.

Will file this away with the prediction from my Seventh Day Adventist friend who advises that the Bible foresaw the fall of the mighty USA. She suggests we should prepare for the coming take over of the world and all its functions, financial and otherwise, by The Papacy.

Now, will go and consult my dog who has probably more wisdom to offer than either the stars or the Bible right now.

xyzedarteerf · 9 October 2008

I predict that GM will Miraculously remember that they already had an Electric Car - http://en.wikipedia.org/wiki/Who_Killed_the_Electric_Car%3F

Ageo · 9 October 2008

nioka said:
Try paying someone in gold. The true value of gold will be based on how much it is used in industry. People no longer adorn themselves in gold. As I said "gold is yesterdays symbolic wealth".

hmmm interesting you brought that up, people have always used gold as currency when purchasing jewellery but lately its been crazy, 2ndhand jewellery has been a currency within the jewellery industry here as people have more access(and faith) to that then cash/credit. Not sure if it will spring out of the jewellery industry and used in other areas but i have seen even pawn brokers now accepting gold jewellery instead of cash when purchasing items.

The thing is people have stocked up over the yrs (if your a wog you know what im talking about)when the price was low and now using it as a form of currency.

Im not saying this is the way just pointing out whats actually happening within 1 industry

nunthewiser · 9 October 2008

Ageo said:
hmmm interesting you brought that up, people have always used gold as currency when purchasing jewellery but lately its been crazy, 2ndhand jewellery has been a currency within the jewellery industry here as people have more access(and faith) to that then cash/credit. Not sure if it will spring out of the jewellery industry and used in other areas but i have seen even pawn brokers now accepting gold jewellery instead of cash when purchasing items.

The thing is people have stocked up over the yrs (if your a wog you know what im talking about)when the price was low and now using it as a form of currency.

Im not saying this is the way just pointing out whats actually happening within 1 industry

mmmmmmmmm I did not post THIS.....Nioka did , its got mixed up somwhere Quote:

Try paying someone in gold. The true value of gold will be based on how much it is used in industry. People no longer adorn themselves in gold. As I said "gold is yesterdays symbolic wealth".

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I predict

Glen48

Money can't buy Poverty

mr_delta

Green08

Buddy

nioka

nunthewiser

Sir Osisofliver

nioka

lular

nunthewiser

mr_delta

kotim

MrBurns

nioka

nunthewiser

Green08

Julia

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xyzedarteerf

Ageo

nunthewiser

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