Max Keiser - Colossal Collapse Coming!

[Taco]

Silver prices are forecast to increase five fold in the next three years as US treasury bonds crash. Interview starts at 12:30.

Max Keiser - Colossal Collapse Coming!
http://www.youtube.com/watch?feature=pl ... Zr9G7s2zBQ

[terminator]

If Chicken Little shouts "the sky is falling" for long enough, she will be right the day it happens. I give no credence to Max as he is just after ratings through "fear porn." There's not going to be a huge crisis - the Elite will never allow it. The economy will slowly get worse over the next few years.

[abcdavid01]

Ugh. I dropped out of college and am in the early stages of building online income streams, but what I wouldn't give to have investing money. I even gave my dad investment advice today after he asked me to. He lost money on Facebook stock, which I predicted and he ought to have listened to me on considering I'm actually part of the Facebook generation. Gold, silver, and food. Harry Browne. That's the way.

[Taco]

There's not going to be a huge crisis - the Elite will never allow it. The economy will slowly get worse over the next few years.

I seriously doubt it. The elite maximize political power and profit when there's a crisis. If they had it their way there would be a crisis every day. As they say, "Never let a good crisis go to waste".

[terminator]

There's not going to be a huge crisis - the Elite will never allow it. The economy will slowly get worse over the next few years.

I seriously doubt it. The elite maximize political power and profit when there's a crisis. If they had it their way there would be a crisis every day. As they say, "Never let a good crisis go to waste".

Well, we'll soon see what happens. Its' almost 2013

[Maker55]

How long can the world keep running on this fiat currency?

It's worthless paper.

If the elite doesn't want the markets to collapse then they have to back all currencies of the world with gold and silver.

Once the world collapses, we'll get a new currency.

I believe it's going to take a number of years for the collapse to occur.

But you will see a good rise in silver within the next few years.

How is the U.S. dollar going to get its value back when it's backed by nothing?????

Cash is trash, it's worthless paper that's become debt.

As long as the prices keep going up, we're trouble and headed towards a hyperinflation.

Just to buy a book of stamps has increased in the past year and food has went up in the past year.

Gas will have to go back under 2 dollars per gallon before I believe the market won't collapse.

[Ghost]

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[gsjackson]

But that is also a World War III scenario, unless the U.S. is going to stand by and let other countries dump its dollar as their reserve currency.

Bingo! We are the arsenal of the financial powers-that-be. They aren't going to let our currency inflate significantly.

[Maker55]

The U.S. dollar will not fall completely, I think, until it loses its petrodollar status. The fact that a worthless fiat currency - the USD - has been able to stay afloat this long is astounding and logically it would seem impossible. After all, lots of aware people will note that we've been off the gold standard for a long time and we have the federal reserve, indicating that the USD is not backed by anything.

However, the petrodollar status explains this. The USD IS backed by something: oil. Being the world's reserve currency, other countries must convert their currencies into USD to trade commodities, the most important being oil.

If the world dumps the USD as the reserve currency, then the full effect and force of it being fiat currency will kick in. (Notwithstanding returning to backing the currency with something else, like returning to gold. Fat chance, I'm sure...)

Some parts of the world are starting to set things up so they can buy oil without converting to USD first. I think China and Russia are doing this. Probably more are starting or considering it.

So there's a massive collapse scenario with that. But that is also a World War III scenario, unless the U.S. is going to stand by and let other countries dump its dollar as their reserve currency.

Two scenarios, one of which must happen. Or both could happen.

Oil isn't helping the U.S. dollar gain its value back and it won't.

Oil will not keep the U.S. dollar from going to its true value of zero.

The only thing that can help the dollar is to be backed by gold or silver again.

The price of oil will continue to rise just like the price of silver will rise but that's about it as far as oil is concerned.

The purchasing power of the dollar continues to drop.

The only way what you're saying is going to be correct is if the Federal Reserve stops printing this worthless trash.

As long as the Federal Reserve continues to print infinite amounts of the U.S. dollar, the dollar will eventually drop.

The dollar has lost 95 percent of its value since 1971.

The question in my mind isn't so much if the U.S. will collapse.

The question is when?

How long do you think it's going to take for the U.S. dollar to lose the remainder of the 5 percent it has left of its value?

Like Robert Kiyosaki said, NEVER before in the history of the world has our government totally hijacked a currency like it has the U.S. dollar.

I hope you're right Ghost but I'm not counting on it.

Regardless if things get better or not, you better believe I'm going to keep stocking up on silver.

Money is DEBT right now. Our money is toxic. The Federal Reserve continues to print endless amounts of this fiat currency as we speak.

That's the same things as injecting a living organism with a virus.

It's going to get worse and prices will continue to go up.

You can't keep on printing fiat currency and expect the economy not to collapse....it's impossible.

Prices have gone up since last year.

[Maker55]

But that is also a World War III scenario, unless the U.S. is going to stand by and let other countries dump its dollar as their reserve currency.

Bingo! We are the arsenal of the financial powers-that-be. They aren't going to let our currency inflate significantly.

I hope the both of you are joking.

"They"? Who is "they"?

The ruling elite want a market collapse so they can enslave the human race even more and bring about their world wide global order.

You guys just don't want to believe that the economy will collapse.

Keep dreaming and watch this inflation get worse.

It's not going to take long for the U.S. dollar to lose the remainder of its value, which has only 5 percent left.

If you believe in magic, then maybe the U.S. dollar will magically gain much of its value back without being backed by anything.

[gsjackson]

"They" are the international banking cartel and speculators who bring down national currencies by shorting them. That is how hyper-inflation happens, not by national governments putting too much money into circulation. Especially in an economy such as ours currently, which is suffering from a crisis of demand, significant inflation -- i.e., too much money chasing too few goods and services -- is nowhere on the horizon.

In other threads you talk about how material reality is an outgrowth of mind, yet you talk about money -- the most metaphysical of concepts -- as if it was some hard and fast, limited commodity, already earned by someone and undergirded by true value or a quantity of precious minerals. It's nothing of the kind. It's a bunch of strokes on a keyboard, created out of thin air, currently by creating debt. Ideally there will be enough of it created to support all the people who want to work and all the work that needs to be done. That's nowhere near the case in the U.S. now.

Our problem is not the amount of money being created, it's how much of it is being siphoned off by the financial sector. But rest assured the rentier class does not want to see its loans devalued by inflation, and they will make certain that doesn't happen, just like they did 120 years ago. (See The Wizard of Oz for an allegorical primer, typical of the time, on the inequity of the gold standard).

[Maker55]

Well I get my information from Robert Kiyosaki who's made a hell of a lot more money than you have and other businessmen who have a lot more information than you do.

Yes, money along with all matter is energy and can be affected at the subatomic level but I will stay on topic here.

I'll take my money advice from them...not you.

The Federal Reserve continues to print trillions of American dollars as we speak and this causes the rising prices.

The dollar has lost 95 percent of its value since 1971.

You just continue to post drivel and ignore the facts based on your opinion.

Like I said, I'm no psychic and I don't know what's going to happen but all of the evidence points towards the U.S. dollar continuing to drop.

I'm stocking on silver, I'll let the rest of you lose your money.

I don't think I said the collapse is going to happen anytime soon. I say it will happen in 3-7 years.

[gsjackson]

Good luck in the fairy tale world of Kiyosaki, Dr. Joe and the rest of the scam artists that you're entering into. Just don't give them any of your money. That's how they make it -- by scamming suckers like you. Do a little googling on Kiyosaki and you'll learn what he's all about. "Rich Dad" probably never even existed.

And let me know when the dollar has been completely debauched. That's been predicted for years now by those who focus on the "money" supply. I don't think even they would utter a statement so absurd as "the dollar has lost 95 percent of its value since 1971." Are you saying that the dollar has lost that much relative to other currencies, or that the purchasing power of those holding dollars has declined 95 percent? No, you're not, because those nuances would require some knowledge of economics.