Originally Posted by
Macarthur
Wow, how did I miss this thread. This is a doozy.
Gosh, where to start.
First and foremost, I am not investing expert but i do have a bachelors degree in Finance and an MBA. I say that not in an arrogant way, but just to say I do have some formal education regarding money and the economy. Having said that, I will be the first to admit that I'm not investment expert because my career path led me away from more 'hard finance'.
So, here's my take, for what it's worth.
Any 'asset' that we use as value in this world only has value as long as 'most people' view that 'asset' as valuable. You can go on and on about gold, but gold only has value because others view it as having value. And that is highly dependent upon outside variables. For example, if we all found ourselves in a distopian type of world (MadMax, if you will), gold most likely would not have near the value it does today. If memory serves, gasoline was the most valuable commodity in that world. Now, one could argue that you could use gold to purchase that gasoline and I suppose that might work, but it's highly dependent upon how that world views gold. Who knows what value they would put on gold. Another example might be diamonds. There has been talk for years that the value of diamonds has been artificially inflated by the diamond companies. Diamonds are actually not rare, at all.
The next issue I found interesting was your propensity for this JadeHelm type of outlook where 'the government', whomever that is, is going to take over the world. New world order, or whatever you think this is. I find all of this exercise futile and kinda silly. We all love a good conspiracy story, and I will admit that I do think there are those that weild a ton of power over our world. But this mindset that there are a few people that want to 'enslave' all of mankind is frankly, nuts. I mean let's be honest; this is about one thing - money. I find it hard to believe that those that have the most money and power would see their fortunes improve with enslaved people around the world that have no money to spend. These folks with money and power actually need people with some disposable income so as to keep lining their pockets for crap we really don't need. There is certainly an arugment to be made that our materialistic society is headed for problems, but I think it's folly to think that those powers want people actually enslaved. They want people free enough to have money and to keep spending it at WalMart on crap from China.
And I guess my last point is, let's assume you are correct. If there really was some overreaching power that wanted to 'enslave' us, do you think you could stop it? I don't. YOu could try, but you would end up dead. You may find this defeatest, but it is true. IF some powerful government wanted to take you down, it would be incredibly easy for them. That's one of the reason's I find all this hand wringing over Jade Helm so funny. First, it's not something covert. Secondly, if it were and there was some plan by Obama to put us all in prison camps, we couldn't do a damn thing about it.
Interesting stuff.