What's your opinion on this?

http://www.thelongwaveanalyst.ca/pdf/07_12_04_News.pdf

bit to much for me, is it a story or factual?

I have heard a lot of financial experts predicting the next black friday recently....the gold price has multipled by 3 in the last 2 or 3 years...so people do not trust any currencies or investing in property anymore and resort to gold. So it seems like something is going to happen....Northern Rock might only have been a tiny piece of the top of a massive iceberg.

House prices in the UK are already declining..the same is happening in Spain...and this might tricker a really long series of events.

A friend told me today that the British pound reached its all time low for many years compared to the Euro...

Once the US dollar is not artificially kept at a high level anymore and it drops by 50% or more, then the USA will experience an economic collapse..which would then also influence the economy in other countries as they export to the USA...so more unemployed people......more properties for sale, sinking house prices....and even more poverty and unemployment.

The problem is that the US dollar is a pure virtual currency...not backed by gold....so if people dont trust that a US dollar is worth a certain amount, nobody will invest in the USD and withdraw their money from their bank account if they keep any more in USD bank account ... as many people and companies in China do...but then the USD looses in value again....so an unimaginable inflation could start.

oh well, i guess we got to rent the house out, lol

too much text. not enough pictures. whats that though? we're all DOOMED??? ..... yeeeeey!.

p.s. its pretty much enevitable, thought after any stupid crazy human reaction to it all, i wonder if some sort of Utopian Star Trek type fantasy world will emerge??

Even gold will be worthless when food, water, and energy become something to go to war over.