Global economic situation for liveaboard cruising yachties

you building a wood boat there mass
I might just be convinced

 

Balsa cored so glueing and sanding is the main activity.... should weigh less than 4000kg (40 x 20 ft) ready to cruise. - - - - This is the 44C in construction - link to next page at bottom right of last http://scrumbleproject.wordpress.com/table-of-contents/ to give you an idea of how it is done...

Economic lesson for the day http://financialsense.com/fsu/editorials/2009/0324.html - - - - The rules from God are definitely still valid....

For the "day traders" have a read - http://financialsense.com/fsu/editorials/walayat/2009/0324.html and a cautionary note - http://financialsense.com/editorials/quinn/2009/0324.html and http://financialsense.com/fsu/editorials/greene/2009/0324.html

 

I just got wind of some really frightening stuff about the economy that will seriously effect my future plans for building my yacht
China and Russia are calling for the creation of a world monetary note to replace the Dollar
in the end its the Dollar set against the barrel ( oil ) that is the saving grace of same
without the Dollar being placed in reference to the barrel the Dollar is screwed ( now that its gone off the gold standard )
although if it were up to me Ild find a way to bring the dollar back onto the gold standard
if China and Russia are successful in there attempts to push the Dollar off a cliff
then the real trauma begins
and its no boat for me
Im only half way to my goal in the piggy bank to build the treasure chest with
basically I need to reach x amount to be able to trade at the level that will bring the boat from paper to reality in x amount of time
if this market fails to continue its ascent
and China uses its leverage with all the bonds they own to weaken the dollar
then the only thing holding them back from success in there efforts to financially ruin the us would be the fact that they have been dependent on the ridiculous trade rules of the us to get this far
without the us to buy there trinkets
who will let them sell in there markets with the same level of advantage as the us did
another little jewel about this is that protectionism is about the only way that the us can survive after all the extra dollars are printed and spent
wow
nice timing China and Russia
way to take advantage of the bush administrations wake

 

That is part of what I have been preaching and upsetting the hell out of all the "sensitive usanians" - BUY GOLD - the metal and liquidate all assets on the American continent.... China and Russia are looking for an opportunity to checkmate the us$ without starting ww3 from a petulant crowd who have found out too late that they have lost that game of "world dominance"

China is loaning money to Russia in return for oil/energy from Russia.... The amusing thing is that they are using US$ notes to pay for Russia's bailouts that the Usanians used to pay for the goods sold in Wallmart etc....

China & Russia do NOT want the US$ to fall as they need the value retained to lend to Russia to buy oil/energy etc.... BUT if the FED causes the US$ to devalue by printing masses of money then BOTH Russia, China will be really pissed and so will the REST of the world, leaving a certain once powerful country to implode and become the slaves of the rest of the world - That is the bloody nightmare the rest of the world seeks to avoid but that leaves usanians in a slow meltdown to a lengthy poverty....

The game is against Ben B as any trouble will be sheeted home to him and his cronies in the FED Reserve - It has me worried too as uncle Ben is a disaster looking for to make a bloody big mess....

That is one scenario and there are too many vested interests playing their own ends to be sure how things will turn out - the only saving grace will be to hedge into ACTUAL metal and hold it personally outside N America.... Gold should exceed US2500 by xmas 09 but most of the paper (shares and etc will be worthless) and gold is "transportable" - It may be "confiscated" as was done once before in USA, so be cautious and careful....

I apologise, as I feel I could have written in a more diplomatic tone but I fear that time and expediency is of the essence, and to be sensitive, nice and polite, is over and your interests are high in my thoughts as the disease is global and the core of the rot is the "money controllers" in NY and associated organisations like the Fed which IS NOT a US Government institution but a cluster of greedy bankers out to **** and plunder all they can....

Any future currency must be tied to gold/silver and be guaranteed by that metal so to print money will mean IMMEDIATE devaluation of that currency against the bullion reserves held by that country - that, it seems to me is the only way to re-establish confidence in any currency - NO MORE fiat currencies!!!!!!

 

the sky is falling, the sky is falling! run for your lives!!!

 

Of those who read and enjoyed the "Global politics & witchcraft (lies & witchcraft)" thread I have decided to operate a blog for my build which will not have comment capability per-se, but I have been offered inclusive of the website, a space for a couple of forum like threads such as "drivel", "economics&politics", "Cruising-log" (text - standard ascii? - only and to make it accessible to those cruising and who have sail-mail etc...) Any comment? access will be free...

 

go for it Mas
keep us posted as to the site
I also enjoyed the economics&politics pages
nice boat as well
do you have any picts of builds or built ships of her type

 

M Keeps good company Boston.

He missed by just a nick though... A offer of free beer and we would have been sitting on his front port yesterday waiting to get that build going.

 

Did you not know that tradition in Australia holds that by assisting in projects such as boatbuilding, it is that "volunteer helpers" get free beer in return for their assistance....

I did not think that I would have to explain this social grace - but then you folk are from a "capitalist - profit motivated - crass commercially orientated society"

 

This is what is causing me grief - further evidence of "intervention"... The markets are definitely not "open" - but heavily manipulated by the "pirates of Wall St" - "the cartel", "the FED", "the money controllers" - one and the same....

Here http://financialsense.com/fsu/editorials/deepcaster/2009/0327.html and my point...
"... Therefore, regarding TIMING one’s purchases of these assets, and especially Precious Monetary Metals, it is essential to consider not only the Fundamentals and Technicals but also the Interventionals. Otherwise one and one’s Tangible Assets Portfolio can be caught in a Cartel-generated Takedown, with severely negative results.

The March 19 and 20, 2008 Takedown of Gold, Silver, Crude Oil, and Commodities in general are an Object Lesson in the still-potent Interventional Power of The Cartel.

As well, the Capping of Gold prices in the $950’s/oz. beneath the 21st century highs of over $1,000/oz., and after the Fed’s late March, 2009 debt-monetization Announcement/Admission demonstrates The Cartel is Still Potent. Gold should be at $3,000/oz. today. And it would be but for Intervention. ..."

The rest of that article is worthy of reading as is the daily wrap by many at http://financialsense.com/index.html and do not neglect the podcasts on Friday/Saturday....

 

Golds not higher M because at the end of the day folks realize it's just a far too heavy and rapidly depreciating paperweight.

I had to help my sis sell off a 1/4 million rounds of assorted ammo her nutty husband had stashed away against the end of days..

Thankfully there were plenty of like minded people to buy it.

A refuge of last resort if more helpful if it has a use after the inevitable recovery.

 

May be problems in America (USA?) as your commentators - not main media - but still free to speak out suggest here http://financialsense.com/editorials/casey/2009/0327.html - Good luck and take care....

bntii, depends on where you sit in the spectrum of views - - - if you are a "looser", optimist, hopeful, realist, cautious, pessimist or "looser" - I sort of sit in the cautious part of the spectrum... after realising the extent of "unintended?" side effects of the Fed intervention - - see the first link in my post #40.... - That opinion only holds in USA - the rest of the world has a different view which is difficult for you folk to find in a "google search" because a question is overwhelmed by your local sites "hits" when you search....

Look here and at the bottom of the page is the 10 year price history (for the metal - as opposed to the "paper" certificates of leased gold (I call it pretend gold).. http://www.kitco.com/charts/livegoldw.html - - - - Also, historically you will find that the purchasing power of gold has been better than any other form of trade PERIOD.... short term fluctuations excluded...

10oz of gold is about US$9300 at 8:30 pm NY time and is about 1.75 x 1 x .5 inches how big would a wad for that amount in paper and coins, be in your pocket or concealed on your boat as an emergency fund? - it is a long term holding and not to be used for daily casual purchases, and DOES NOT DEVALUE as your paper will over time...

 

depends on your purpose mas. intuitively speaking seems an oxymoron with your self stylized place on the "cautious part of the spectrum."

 

I trust you can now recognize when I stray for those things I anything about M?

Just shooting from the hip as it were....

I have never had to give the protection of wealth too much thought as I have few assets. I do appreciate though the the quickest way to loose value is by stuffing your mattress with cash and have taken to putting the cash I do have to work in investments.

A quick look into the subject reveals that gold is a sound hedge against currency fluctuations. I had more taken it to be a investment vehicle where real profit was pursued & questioned the wisdom of that thinking.

I stand corrected.

 

Sorry Harlem - - add "Rabidly" to the cautious (still slightly left of centre?) - It is just my attitude not my perspective that I did not put....and I was referring to an attitude towards gold as an investment vehicle in the present "nervous" state of global economics...

http://www.financialsense.com/fsu/editorials/iacono/2009/0325.html explains partially why the gold price is still "low" and a Greek history lesson worthy of contemplation http://www.financialsense.com/stormwatch/geo/pastanalysis/2009/0327.html

A lesson for all to consider http://www.financialsense.com/fsu/editorials/deepcaster/2009/0327.html whilst this view is somewhat worse than I expect http://www.financialsense.com/fsu/editorials/andros/2009/0327.html