Re: [UNO] Unobtanium Info & Discussion

We're on the verge of a massively unprecedented economic collapse, why the hell would anybody think this is a good time to invest in the stock market? I'm only interested in land, food, water purification, 3d printers, and cryptos. Everything else is an illusion.

Actually some economies has already started to recover (USA especially).
Stock markets for speculators might be bad places to invest now but if you are looking for dividend income for the rest of your life, there are some good stocks to buy.
Advantage of a dividend paying stock over land for instance is that once you have purchased a stock you just enjoy the dividend income for the rest of your life pretty much while land you need to cultivate or rent for some other people (read: more hassle).
A dividend paying stock portfolio is kind of "extra salary" for you. I know it sounds much much more boring than exciting crypto world or 3d printers etc but it is all about how one can become financially free at some point of a life once your dividend paying stock portfolio is paying enough of dividends.

My original idea was to build a small dividend income which will be led to Unobtanium "for ever at any given price" thus enabling at some point very high price for 1 UNO.

http://www.zerohedge.com/news/2015-02-23/ex-plunge-protection-team-whistleblower-governments-control-markets-there-no-price-d

If some economies were actually recovering the fed would be raising interest rates. With the falling oil price, things will get much worse.

http://www.silverdoctors.com/us-governments-new-rule-allows-banks-to-completely-make-sht-up/

http://www.silverdoctors.com/meet-the-bureaucrat-who-had-the-courage-to-tell-the-truth-and-probably-wont-have-a-job-tomorrow/

http://www.blacklistednews.com/DOJ_Investigating_Bank_Gold_Manipulation/42130/0/38/38/Y/M.html

http://www.blacklistednews.com/Bail-Ins_have_begun%3A__J.P._Morgan_to_Start_Charging_On_Some_Deposits/42126/0/38/38/Y/M.html
srry cant see entire article

http://www.euractiv.com/sections/europes-east/azerbaijan-devalues-currency-third-over-falling-oil-price-312339

...and on a side note. I work in the oil industry here in Canada. Ive worked a total of 10 days this month. Lots of people have been laid-off up here. Over the last 5 years there has been a massive boom up here, people building huge homes($300 000-$500 000) Most people live for cheque to cheque and live the high life. In 6 months, things are going to be different. If you want to believe the bs that the government and msm is telling you, go ahead. Remember, in 2008, nobody seen that coming Roll Eyes

The whole system is lying to us. If I am wrong, someone please correct me. Here is an example of the MASSIVE corruption. There are roughly 33 million people living in Canada. Say 5 million people are working full time(im sure this number is higher, but lets be conservative.) I dont make much money, but I do pay about 10 000/year to income tax(again being conservative, I pay much more) but for this example, lets use 5000 and lets assume the 5 million are paying the same. 5 000 000 x 5 000 =$ 25 000 000 000. My government is in debt!?? Now, lets talk about other taxes, PST-provincial tax, GST-good and service tax, customs tax, fuel tax, fk everything is basically taxed. Somebody please tell me where all this money is going??

Oil price has dropped significiantly but this should be good for US economy.
Not for the producers of oil but for the consumers of oil, their purchasing power is increasing which will stimulate the consumption (US is still consumption driven economy).
Things are in many ways better now than in 2007-2008. Those years were time before the collapse, now we are living in the time after the collapse.
Sure the average Joe cannot notice the growth immediately (just like the Quantitative easining needs some time to stimulate the real economy) but if we get a few years (1-3 yrs) in a row this growth rate you will notice also the difference.
I am personally glad for Americans that Ben Bernanke started the QE in an aggressive way, thanks to it we now see the growth aftetr some time they did the QEs.
ECB had on the other the completely different approach, they were scared to death of small increase in inflation and thanks to this fear we are still living in bad economy. Just now the ECB is waking up as they see those statistics from USA and now they started QEs here also.. It takes some time that this new money enters to the real economy so we need to waite here in Europe while USA is enjoying normal growth rates.