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Norman Bernstein
06-08-2015, 10:48 AM
...joining a 'doom and gloom economics' outfit selling dubious advice about the coming economic apocalypse. RonW will LOVE this!

https://orders.cloudsna.com/chain?cid=MKT033949&eid=MKT066068&snaid=&step=start##AST03347

Lew Barrett
06-08-2015, 11:00 AM
I saw his ad on TV yesterday. Assuming he believes this, even assuming he's right, it's a strange method.

Norman Bernstein
06-08-2015, 11:05 AM
I think we can safely assume that Stanisberry Research is paying him a boatload of money for endorsing their economic fear campaign.

Like I said, he's sold out.

Concordia 33
06-08-2015, 11:14 AM
Who cares what Ron Paul thinks and does. He has a very small and devoted following but that's it. He doesn't shape policy nor is he a likely to be a viable candidate for any near-term elected office.

Norman Bernstein
06-08-2015, 11:19 AM
Who cares what Ron Paul thinks and does. He has a very small and devoted following but that's it.

It could be argued that Ron Paul is the 'father' of the 'modern' libertarian movement.... by virtue of his service in Congress, being closer to the levers of power than any other doctrinaire libertarian. Also, he's significant by virtue of the pre-eminence of his son, and especially since father and son have been a tag team in the past.

I'm NOT suggesting that Ron Paul has any specific political influence anymore. I AM suggesting that, however sincere his political beliefs might have been in the past, he's very clearly sold them for 30 pieces of silver. This is bound to disappoint, and even anger, at least some of his former accolytes.

Lew Barrett
06-08-2015, 11:26 AM
.........he's very clearly sold them for 30 pieces of silver.

This week the hot call is palladium:) Next week, maybe silver.

"If you know what to do, there is an opportunity to profit." He knows what to do!

Personally and for many reasons, I don't rule out economic discord, financial woes, systemic insecurity/collapse or any other potential disasters, but in that event, what is a guy in Levittown really supposed to do about it?

John of Phoenix
06-08-2015, 11:40 AM
Ron Paul gives a lesson in "The Undeniable, Irresistible Appeal of the Free Market and Selling 'Fear, hate and lies'."

RonW
06-08-2015, 11:44 AM
...joining a 'doom and gloom economics' outfit selling dubious advice about the coming economic apocalypse. RonW will LOVE this!



I'm NOT suggesting that Ron Paul has any specific political influence anymore. I AM suggesting that, however sincere his political beliefs might have been in the past, he's very clearly sold them for 30 pieces of silver. This is bound to disappoint, and even anger, at least some of his former accolytes.


Wrong again..and this just goes to show what Norman Bernstein actually knows and understands concerning the libertarian philosophy.

Ron Paul is one of the few that has been preaching the same principles for over 30 years. In the early 80"s he had a big dispute with Ronald Reagan on deficit spending and running up the national debt.

For the last 20 years he has been decrying the federal reserve monetizing the debt that congress keeps running up and increasing every year.
Currently we are now over $18 trillion national debt, with approx $3 trillion a year in revenues and $1/2 trillion on servicing the debt or t-Bonds .
So we are paying 1/6 of our revenues out on the debt and if interest goes up, and it will, then that could double which would result in maybe as much as 1/3 of revenues going on old debt, and that is interest alone.

Also for the last 20 years Ron Paul has decried also the federal reserve propping up the stock market, which is interference in the free market system.
Ron Paul also has called for tried time and again for a audit of the federal reserve, and have said plainly that the printing and supply of the monetary system is a function
of congress as stated in the constitution and not of a privately run corporation for profit which issues debt ridden currency.

Oh and he has stated many times that this constant interference in the markets as to manipulate which is not a function of the government to pick winners and losers, but the results are boom and busts and the more interference the higher the booms and the lower the busts .

That's enough for now........

John Smith
06-08-2015, 11:48 AM
I tend to think Paul got it right on one issue. But I'm not sure. Has he supported tax cuts that led to our debt?

RonW
06-08-2015, 11:51 AM
I tend to think Paul got it right on one issue. But I'm not sure. Has he supported tax cuts that led to our debt?

He has supported less wars that would result in less expenditures which would result in the need of less taxes to be collected for the cause of wars

Dan McCosh
06-08-2015, 11:54 AM
The Ron Paul ads have been running for a couple of years on the internet. They pop up all the time. The piece is an infomercial.

Lew Barrett
06-08-2015, 12:09 PM
Bingo. Buy Palladium. Sell dollars. Buy pork bellies. Sell coffee. Buy oil. Sell oil. Doing this, you'll be rich in no time AND avoid the heartbreak of psoriasis and economic ruin.

Boy, have we got a deal for you!

"If you know what to do, there is an opportunity to profit." I listened to the whole, boring spiel.

RonW
06-08-2015, 12:10 PM
The Ron Paul ads have been running for a couple of years on the internet. They pop up all the time. The piece is an infomercial.

Absolutely,the simple truth of it all.......But our leading partisan politician Norman Bernstein wants to twist it into a sell out for, what did he say, oh yea 30 pieces of silver which he wants to relate to his son, Rand Paul who along with Scott Walker, Dr. Ben Carson and Ted Cruz are the left's worse nightmare, and it looks like one of them may be the next president of the now socialist states of america.

Garret
06-08-2015, 12:17 PM
and it looks like one of them may be the next president of the now socialist states of america.

http://educationviews.org/wp-content/uploads/2013/01/Foaming-At-The-Mouth.jpg

John of Phoenix
06-08-2015, 12:22 PM
Rand Paul who along with Scott Walker, Dr. Ben Carson and Ted Cruz are the left's worse nightmare,The world's worst nightmare.

Norman Bernstein
06-08-2015, 12:29 PM
Wrong again..and this just goes to show what Norman Bernstein actually knows and understands concerning the libertarian philosophy..

So, I have only one question: have you been following Stanisberry Research's advice? Do you believe that we are just about to experience an economic collapse greater than the Great Depression? Have you been buying precious metals like palladium and gold in anticipation of the soon-to-occur economic apocalypse? :)

RonW
06-08-2015, 12:38 PM
Norman Bernstein says --
So, I have only one question

#1 -
have you been following Stanisberry Research's advice?

I am well aware of stansberry, and they are trying to promote their services by fear and ignorance ..

#2 -
Do you believe that we are just about to experience an economic collapse greater than the Great Depression?

Good question, and it all depends on what the morons in washington do or don't do.....we can be on the verge of a economic boom globally or another depression which is nothing more then a continuation of the last 8 years with a lot of assets already lost by the mass population.

#3 -
Have you been buying precious metals like palladium and gold in anticipation of the soon-to-occur economic apocalypse?

Yes I have,I like to cover all bases........but other tangible assets are also very important.

John of Phoenix
06-08-2015, 12:43 PM
I've always wanted to ask someone who literally "buys into" this Post Apocalypse scenario - "When you go into Safeway with your gold, silver, platinum, palladium, whatever - IF they take it, what do you think they'll give you in change?"

Norman Bernstein
06-08-2015, 12:46 PM
I've always wanted to ask someone who literally "buys into" this Post Apocalypse scenario - "When you go into Safeway with your gold, silver, platinum, palladium, whatever - IF they take it, what do you think they'll give you in change?"

Stanisberry is smiling :)

Lew Barrett
06-08-2015, 12:49 PM
In a highly chaotic scenario, the kind of collapse he's talking about (Weimer was mentioned in Paul's ad by name) metals and jewels won't protect you any more than a strawberry, and in fact the strawberry may have greater value. There is no way for the average Joe, and that includes average Joes with a couple of million stashed, to avoid serious pain in this sort of situation. You would need to own large tracts of land, the basic means of production of key goods and have the sort of hard wealth that is unassailable to get through. And even then it is going to be ugly, because the real threat to personal well being in this world has nothing to do with the value of the US dollar. There are bigger problems, though maybe not more personal ones that folks can trick themselves into thinking they can prepare for.

You'd need to own your house, own your lot, own your well, own your farm and own your horse because bread and fuel will be very hard to come by. He's talking doomsday, but offering precious metal options. A sure way to loose it all, including your shirt. Now you're naked, so you'll need to get some clothes too. It's a sham.

Norman Bernstein
06-08-2015, 12:52 PM
He's talking doomsday, but offering precious metal options. A sure way to loose it all, including your shirt. Now you're naked, so you'll need to get some clothes too. It's a sham.

There's no shortage of suckers for this kind of crap... the margins on precious metals are utterly astounding.

Sheep will inevitably get fleeced.

John of Phoenix
06-08-2015, 12:56 PM
Stanisberry is smiling :)More like "Laughing his ass off all the way to the bank".

"The first thing to know about our business (Stansberry & Associates Investment Research) is that we are NOT money managers, brokers, or fiduciaries of any kind.

We have structured our business in an effort to avoid conflicts of interest, but a significant potential conflict of interest still exists.

You may have noticed that the vast majority of our products are offered only via subscription. To protect free speech and to encourage public debate and the exchange of ideas, the SEC has carved out what's known as the "publisher's exemption" from certain securities laws."

No risk for them, no responsibility, no registration. What could possibly go wrong?

Lew Barrett
06-08-2015, 12:57 PM
I've always wanted to ask someone who literally "buys into" this Post Apocalypse scenario - "When you go into Safeway with your gold, silver, platinum, palladium, whatever - IF they take it, what do you think they'll give you in change?"

Ya beat me to it, and in fewer words :D The only case for the value of guns and a cache of ammo (or as the troops say....cash-ay) that I can come up with.
Personally, I'd as soon be dead before that.

Aren't they releasing another Mad Max flick?

John of Phoenix
06-08-2015, 12:59 PM
Ya beat me to it, and in fewer words :D The only case for the value of guns and a cache of ammo (or as the troops say....cash-ay) that I can come up with.
Personally, I'd as soon be dead before that.Bullets and beans.

Lew Barrett
06-08-2015, 01:02 PM
In my salad days, I bought some heating oil futures. Boy, did I feel stupid after that.

Norman Bernstein
06-08-2015, 01:03 PM
The burning question I always ask myself is this: for the folks who have armed themselves to the teeth, bought survivalist supplies like long storage food, etc., have boxes of gold Krugerrands and bars of platinum, and like to wear camo.....

....are they disappointed that the apocalypse hasn't happened yet? :):)

Lew Barrett
06-08-2015, 01:05 PM
The burning question I always ask myself is this: for the folks who have armed themselves to the teeth, bought survivalist supplies like long storage food, etc., have boxes of gold Krugerrands and bars of platinum, and like to wear camo.....

....are they disappointed that the apocalypse hasn't happened yet? :):)

Nope. The guns have gone up in value, and the 'Rands (ha!) will be back, you just wait and see. Anyway, you can always eat the beans.

Seriously: These guys aren't just preparing, they want to usher it in. It proves them right, and you know how happy it can make you to be right.

Norman Bernstein
06-08-2015, 01:11 PM
Seriously: These guys aren't just preparing, they want to usher it in. It proves them right, and you know how happy it can make you to be right.

Yeah, that was more or less what I was getting at.

John of Phoenix
06-08-2015, 01:17 PM
Nope. The guns have gone up in value, and the 'Rands (ha!) will be back, you just wait and see. Anyway, you can always eat the beans.

Seriously: These guys aren't just preparing, they want to usher it in. It proves them right, and you know how happy it can make you to be right.I'm waiting to see how crazy they get when they finally realize that they're wrong. Again.

Lew Barrett
06-08-2015, 04:58 PM
I'm waiting to see how crazy they get when they finally realize that they're wrong. Again.

Norman nailed this one. I saw the first of the Ron Paul ads yesterday. Might we now expect him to appear on the Coin Collector Network selling uncirculated State of Texas quarters because they will have significant value in the future?

"Avoid disappointment and future regret......"


https://www.youtube.com/watch?v=UGXPW6td1Ao