PLEASE NOTE:

MyNews24 is a user-generated section of News24.com. The stories here come from users.

 
ohomen171
 
Comments: 3
Article views: 189
 
 
Latest Badges:


 
View all ohomen171's badges.
 

Crisis Investing-A Must Read Book!

25 June 2012, 10:44
Crisis Investing is a brilliant book that explains in simple language what is going on now and what we need to do to survive in this dangerous environment.

John Talbott is the new Howard Ruff. he takes difficult concepts and explains them in easy and understandable terms that we all can understand.

To make a long story short Ben Bernanke, Timothy Geithner, and President Obama new that they were confronting Great Depression II. They decided to print between $2 trillion and $3 trillion dollars and to put this money in the world economy.

Without this massive printing of money, we would have had deflation perhaps like Japan in the "lost decade" or the even worse deflation that my grand parents experienced during the great depression of the 1930's.

The very low inflation rate we have now is merely the result of all the new money stopping deflation.

John Talbott draws upon an Abraham Lincoln saying as follows: "You can fool some of the people some of the time but you can't fool all of the people all of the time."

One day in the near future all of this extra money will "kick off" a round of high inflation.

His suggestion is to get out of stocks and bonds. He recommends that you buy gold. For all of you fighting with "underwater houses, take heart. Mr. Talbott says that your house will become your best investment! It will turn around. He advises that you buy other properties.

Please read this book. It will change your life!
Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.

 

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
3 comments
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Tsepiso Sathie Nzayo
My language, my pride but where a...

South African indigenous languages are facing a formidable challenge. Read more...

0 comments 11 views
Submitted by
Michael Southfrica027
The Poor Savages

Who are we to ask people to act in a dignified manner when they already live without dignity every single day? Read more...

1 comments 107 views
Submitted by
CoachLut SA
Rugby World Cup 2015 favorites

Every World Cup year the experts all agree that the All Blacks are the favourites to win the trophy.  Read more...

3 comments 251 views
Submitted by
Carla Franco
Submitted by
Ross Parker
New Tech for New Africa

 Read more...

1 comments 176 views
Submitted by
Bill Gordon
Best Ways To Sell A Car That Does...

It’s often easy to think of our cars as people, sometimes even friends. Sadly, however, cars don't tend to last as long as people do.  Read more...

8 comments 2867 views
 

services

E-mail Alerts The latest headlines in your inbox

RSS feeds News delivered really simply.

Mobile News24 on your mobile or PDA

E-mail Newsletters You choose what you want

News24 on Android Get the latest from News24 on your Android device.

SMS Alerts Get breaking news stories via SMS.

Blogs Your opinion on you, me and everyone.

TV Get us in your home, on your television.

 
Interactive Advertising Bureau
 
© 2015 24.com. All rights reserved.
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.