ContraryInvestorsCafe.com - An investors forum for commodity trading, based in Italy
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Contrary Investors Cafe :: Updates on Precious Metal, Energy, Raw Materials and Politics
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Excerpted from the website:
- At some point in your lifetime it will be necessary, either voluntarily, or by default, to consider an investing strategy. In just the past 18 years or so we have witnessed two of the largest speculative manias in the history of the world. They are the NASDAQ Stock Bubble "Dot Com" mania and most currently the "Housing Bubble", now entering its decline phase. These cycles are best described as "Boom-Bust" cycles, brought on by easy credit and excess currency circulating within our monetary system. Money was abundant in the early stages of these trends, and a lot was lost at the end of the trends when most of the public entered the bubble! Social Security and Medicare are for the most part, bankrupt. The Comptroller General of the United States, David Walker is sounding the alarm. Who's listening? Hopefully you are.
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