Depression news

We all know that Gold is going up and up, but I believe gold and silver will not save you. Only Jesus Christ can save you. I use to think it might save you but it won't. It may help you a little bit during times of inflation or hyperinflation. This hyperinflation will last for decades. Your precious metals won't save you.

If you have gold, it will be worthless just like the fiat paper money. The silver will be worthless too. You will throw it to the streets because no one will want it.

To survive this Super Depression you will need Jesus not your money.
I like the old hymn that says. "I'd rather have Jesus than silver or gold."

This is my time line for the Depression we are in.
2008 - 2010 2 year into the depression.
2011 - 2013 4 years into the depression.
2014 - 2016 6 years into the depression.
2017 - 2019 8 years into the depression.
2020 - 2022 10 years into the depression.
2023 - 2025 12 years into the depression.
2026 - 2028 14 years into the depression.
2029 - 2031 16 years into the depression.
2nd Great Depression should be over by 2032 after a World War.

Here is my predictions for 2011.
Gold will be selling at 1400 an oz. by Jan 2011.
Gold will be selling at 2500 an oz. by Dec. 2011.

Silver will be selling at 33 an oz. by January 2011.
Silver will be selling at 35 an oz. by March 2011.
Silver will be selling at 75 an oz. by Dec 2011.

Gas prices will go up to 4 dollars a gallon by July 2011.
Gas prices will go up to 7 dollars a gallon by Dec. 2011.

Yahoo will layoff 650 to 700 people. They are facing another round of cuts.
Close to 5% of the workforce at Yahoo losing their jobs.
It looks like there will be mass layoffs this Christmas season.

Nokia will layoff 800 people in early 2011.

It looks like even smart rocket scientist are losing their jobs. NASA will layoff 1,200 people.

Winn Dixie is lays off 1,950 people and closing 30 stores. It looks like the Depression is coming very soon. When grocery stores shut down how will people eat? During the Great Depression people depended on victory gardens. Grow a veggie garden it may save your life if times get tough.

http://www.survivalseedbank.com/

I've been watch a lot videos on this oil spill in the Gulf of Mexico. There are people saying this is huge and will cause many people to leave the area.

This BP oil spill will last a very long time. Years and years. It will effect the economic by causing lots of people to lose their jobs. Like people who make a living fishing.