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Author Topic: Crash Curse  (Read 1088 times)
fabianhjr
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July 14, 2011, 07:58:14 PM
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http://www.youtube.com/user/ChrisMartensondotcom#p/c/7E8A774DA8435EEB

So, who has passed trough the crash course? Really cool from http://ChrisMartenson.com

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July 14, 2011, 08:11:41 PM
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Watched it quite a while ago.  Must have been over a year now.  At the very least, he made his followers a lot of money in gold. 

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fabianhjr
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July 14, 2011, 08:22:03 PM
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Watched it quite a while ago.  Must have been over a year now.  At the very least, he made his followers a lot of money in gold.  
Well, I wouldn't always say a fortune such as Bitcoin but:


That is 5x over 10 years. :/

EDIT: 1.86164% anually. So the gov has been honest about inflation rates. That is, if you consider gold a real store of value and not a qet rich quick.

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July 14, 2011, 08:49:00 PM
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EDIT: 1.86164% anually. So the gov has been honest about inflation rates. That is, if you consider gold a real store of value and not a qet rich quick.

LOL no, the gov is not honest about inflation rates.  You just missed a decimal place.

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July 14, 2011, 10:12:06 PM
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Good news is, the lab boys say the symptoms of asbestos poisoning show a median latency of forty-four point six years, so if you're thirty or older, you're laughing. Worst case scenario, you miss out on a few rounds of canasta, plus you forwarded the cause of science by three centuries. I punch those numbers into my calculator and it makes a happy face.

Kidding aside

500% over 10 years is the same as the 10th root of 5 which ends up being ~1.1746, actually forgot 500% was 5 not 500 Tongue. You grab 1.1746^10th and gets to 4.99, quite close actually. What is even more amazing is 1.1746^20th you end up ~25x. So this is really worrying. Inflation instead would be of ~17.46% annually. This is confirmed by a reported ~20% in the energy field. http://www.wolframalpha.com/input/?i=inflation+rate+in+the+USA

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July 14, 2011, 10:44:33 PM
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Trash! Roll Eyes

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July 15, 2011, 01:26:27 AM
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EDIT: 1.86164% anually. So the gov has been honest about inflation rates. That is, if you consider gold a real store of value and not a qet rich quick.

LOL no, the gov is not honest about inflation rates.  You just missed a decimal place.



Quote
The CPI on the Alternate Data Series tab here reflects the CPI as if it were calculated using the methodologies in place in 1980. In general terms, methodological shifts in government reporting have depressed reported inflation, moving the concept of the CPI away from being a measure of the cost of living needed to maintain a constant standard of living.

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fabianhjr
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July 15, 2011, 03:02:39 AM
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So can you at least provide the "trash" parts and proper corrections? I really want to get corrected.(Please note this doesn't go yelling "GOLD!")

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