Author Topic: Excellent, important material... (Read 2934 times)

gladius_veritatis · « **on:** February 12, 2011, 04:31:59 PM »

http://www.stansberryresearch.com/pro/1011PSIENDVD/PPSIM198/PR

PartyIsOver221 · « **Reply #1 on:** February 12, 2011, 09:24:41 PM »

Thank you very much for posting this. I would like to share it to everyone I know, but I know they wouldn't care or listen.

I'm just a cuke. Well everyone will have to fend for themselves then. I don't know how else to be charitable other than let fate play out and not intervene. I really would love to save everyone I love though.

Matthew D Hardin · « **Reply #2 on:** February 12, 2011, 10:47:08 PM »

This is snake oil. Further, the video plays upon avaricious instincts of mankind to profit from the losses of one another, and praises greed in tumultuous times. This video is neither Catholic nor sensible, and I am deeply disturbed that otherwise right-thinking traditionalists would not be outraged by its message.

Lighthouse · « **Reply #3 on:** February 12, 2011, 11:06:38 PM »

Do a Google search. Not encouraging. Danger! Danger!, Will Robinson.

Matthew D Hardin · « **Reply #4 on:** February 12, 2011, 11:28:53 PM »

Stansberry has been convicted of fraud, and admonished by a federal judge for giving testimony which was incredible.

This video is outrageous on its face. Even if every claim Stansberry made were true and the US were indeed on the brink of economic collapse and mass starvation, it would be morally reprehensible to use the chaos to profit monetarily in the absurdly high percentages he proposes. If one were to profit from chaos (or quite possibly cause it through a particular investment strategy) while one's neighbors die in the streets, as he proposes, one would have quite a bit to answer for on Judgment Day.

I'll trust in God and His Word rather than silver and the Gospel of Stansberry. I'll work to atone for my sins and merit heaven rather than storing up riches which Christ Himself has warned make sanctity difficult to achieve. (Cf. Mark 10:24) If I starve to death in a ditch I'll praise the sweet will of God and even if Stansberry's economic predictions were 100% on the mark I'll go down cursing him for deceiving the hearts of men to trust in earthly rather than eternal treasure.

No good will come of greed. No good will come of this video. It has no place on a Catholic site.

innocenza · « **Reply #5 on:** February 13, 2011, 03:01:17 PM »

Thank you, M.D.H., for a worthy Catholic perspective!

gladius_veritatis · « **Reply #6 on:** February 13, 2011, 06:41:46 PM »

Thanks for doing the research, Matthew. I admit I posted it hastily, not having viewed the video in its entirety. My reason for posting it was this: The information in the first portion is accurate and useful.

My apologies for not being as thorough as I should have been.

gladius_veritatis · « **Reply #7 on:** February 13, 2011, 06:45:34 PM »

Quote from: Matthew D. Hardin

I'll trust in God and His Word rather than silver...

Making sensible moves to protect your assets is not sinful, Matthew -- and buying silver is a sensible move in these unstable times. As you know, God expects us to use our brains. If we are morally certain that a shortage of food is coming, is it sinful to store food? No.

FWIW, putting one's assets into more stable forms does not mean one lacks trust in God. It means one can see what is going on and has the sense to take appropriate measures.

ora pro me · « **Reply #8 on:** February 13, 2011, 06:54:15 PM »

I'll admit that I was curious and watched the entire video (quite a time waster, as it's quite slow going) and now I'm still curious.... about his 4th step that he doesn't tell us about, because, of course, he wants us to pay $49.50 for his emails.

I do believe that we should be getting ahead a bit with some food storage of essentials that won't go bad, in so far as you are financially able. Be sure to protect your food from rodents, bugs and the possiblility of water damage. If the economy doesn't get as bad as the doom and gloom people say, then at least you can eat your stored food and there shouldn't be any waste of money.

gladius_veritatis · « **Reply #9 on:** February 13, 2011, 07:02:49 PM »

Quote from: Matthew D. Hardin

Even if every claim Stansberry made were true and the US were indeed on the brink of economic collapse and mass starvation, it would be morally reprehensible to use the chaos to profit monetarily in the absurdly high percentages he proposes.

Chaos is coming whether you like it or not. Making intelligent moves, even those that bring an increase in wealth, is hardly immoral, in se.

“Pray as though everything depended on God. Work as though everything depended on you.”
~ St. Augustine

gladius_veritatis · « **Reply #10 on:** February 13, 2011, 07:30:09 PM »

Quote from: gladius_veritatis

If we are morally certain that a shortage of food is coming, is it sinful to store food? No.

FWIW, I think the bigger (initial) problem will be the exorbitant cost of the food that is available. That is what hyperinflation does -- annihilates the purchasing power of our money. Is storing food the ONLY alternative? No, but it is one of them.

gladius_veritatis · « **Reply #11 on:** February 13, 2011, 07:34:33 PM »

May I presume we all make use of refrigerators? Is it right to presume most of our cupboards have a few edible dry goods in them?

Matthew · « **Reply #12 on:** February 13, 2011, 07:52:33 PM »

Quote from: gladius_veritatis

Quote from: Matthew D. Hardin
I'll trust in God and His Word rather than silver...

Making sensible moves to protect your assets is not sinful, Matthew -- and buying silver is a sensible move in these unstable times. As you know, God expects us to use our brains. If we are morally certain that a shortage of food is coming, is it sinful to store food? No.

FWIW, putting one's assets into more stable forms does not mean one lacks trust in God. It means one can see what is going on and has the sense to take appropriate measures.

For that matter, the patriarch Joseph stored up corn during the "years of plenty" to survive during the "years of scarcity".

No one said you can't share your obscene profits with whoever you want...

I personally think some of the fatalism/passivity is a cop-out for those who can't (or don't want to) prepare. A way to salve their nerves.

I would know -- I'm guilty of it to a small degree, as I have a family that keeps me pretty busy these days.

Matthew

gladius_veritatis · « **Reply #13 on:** February 13, 2011, 08:24:35 PM »

Joseph came to mind right after I logged off. Such a story annihilates the imbalanced take that some SEEM to have. God expects us to trust in Him AND do what we can -- and there is no REAL conflict between the two.

Our situation IS grave and getting graver by the hour. Our currency WILL be reduced to ashes and failure to do what we can, according to our means, while we can is irresponsible -- especially if we have families for which we are bound to provide. The designs of the Enemy and his henchmen are pretty clear at this point -- so to ignore what is known is the very contrary of being sensible. It would be like knowing well in advance that the V2 revolution was coming, but choosing to take no action to prevent it or, at least, protect ourselves. Faith does not destroy reason; it perfects it.

Godspeed :)

Matthew D Hardin · « **Reply #14 on:** February 13, 2011, 09:15:06 PM »

Poverty is a virtue. Poverty inclines us to focus on God rather than material well-being.

Avarice is a vice. It inclines us to store up treasure on earth rather than in heaven. Avarice leads souls to Hell.

It's a moot point for me, because I have no assets to "protect" other than my own soul and know what it's like to have a checking account balance in the single digits. Others are free to do as they choose, buying up silver and gold and storing it to protect themselves from the monetary vagaries of the Federal Reserve. All I'm doing is pointing out that we ought to be more worried about dangers to our own soul brought about by greed and a failure to trust in God's Holy Providence than we are worried about any government malfeasance. "And fear ye not them that kill the body, and are not able to kill the soul: but rather fear him that can destroy both soul and body in hell." (Matthew 10:28