Myth of the dead US dollar

[Moretorque]

Its much more calculated than that...

Everything that influences our life by the Dark Force is on the Edge..Its not linear like it will crash or not....that's completely naive on our side to even think like that...Both sides of arguments are controlled by the DarkForce....Both side are right and wrong at the same time...

We shouldn't be on either side .....

IT ALL DEPENDS UPON OUR EVOLUTION AND HOW WE FIGHT BACK...

USD will remain the global currency for ever or it will be crashed tomorrow on how we Evolve as human beings....That's the very important equation we are missing.

The elites are evil but not stupid....The whole control system is more Dynamic than what we are being told.

So don't be on other side AND DON"T CARE...You are much higher than if USD stays or get destroyed....EVOLVE....

The entire paradigm of USD depends upon your own evolution...You are the one that will decide if USD stays or destroys not any external force certainly never economics...thats just BS for the sheeps....

We have been programmed by our education to think in a linear way..which is the reason...we base our judgements on right or wrong...stays or goes away etc..We need to come out of our controlled thinking itself to see the larger picture...We should be on neither side .....because...If USD stays or goes away....The rulers of this world will still screw us....

Only way to come out of USD is Evolution.

Hello,

[~} Most of what you said, if not all of it, is platitudes and stupid nonsense that makes no logical sense. It sounds like total meta-physical nonsense with no substance. Meta-physics itself is not nonsense but it must be based on some science.

[~} What elite? Is there proof of this elite? Show it to me. Don't just talk. GIVE PROOF! Let's assume there is an elite that is ruling world-wide. We know the elite only want to get richer but is there any proof it wants a 'dark side' to rule the earth because it prefers evil? Did you ever consider that this elite doesn't care about what is good or evil and just sees evil as the easiest way to make money? If being good was the easiest way to make money, perhaps the elite would very easily choose it.

[~} Indians seem like a very stupid people! I've studied Chinese and Indian history and Indians are supposed to be totally patriarchal. The Western women have declared that India's patriarchy must be DESTROYED. It comes all the time on the news here in U.S.A. And the men here in U.S.A. have vowed to help the women do that. Do you Indian men care at all that the American men always did and now, their women, HATE YOU???? Do you have a gramme of HONOUR????

[~} Evolution of what? Man? Society? Technology? Military? Economic? ALL? Specify.

Anatol the Elite run your life on a daily basis weather you like it or not unless you are off the grid, you can't be one of them can you that Ghost is referring to? go look at what congressmen Bernard Sanders found out when he had a first time look at the Fed bail out books. That for sure is a very elitest # for sure.

[starchild5]

Its much more calculated than that...

Everything that influences our life by the Dark Force is on the Edge..Its not linear like it will crash or not....that's completely naive on our side to even think like that...Both sides of arguments are controlled by the DarkForce....Both side are right and wrong at the same time...

We shouldn't be on either side .....

IT ALL DEPENDS UPON OUR EVOLUTION AND HOW WE FIGHT BACK...

USD will remain the global currency for ever or it will be crashed tomorrow on how we Evolve as human beings....That's the very important equation we are missing.

The elites are evil but not stupid....The whole control system is more Dynamic than what we are being told.

So don't be on other side AND DON"T CARE...You are much higher than if USD stays or get destroyed....EVOLVE....

The entire paradigm of USD depends upon your own evolution...You are the one that will decide if USD stays or destroys not any external force certainly never economics...thats just BS for the sheeps....

We have been programmed by our education to think in a linear way..which is the reason...we base our judgements on right or wrong...stays or goes away etc..We need to come out of our controlled thinking itself to see the larger picture...We should be on neither side .....because...If USD stays or goes away....The rulers of this world will still screw us....

Only way to come out of USD is Evolution.

Hello,

[~} Most of what you said, if not all of it, is platitudes and stupid nonsense that makes no logical sense. It sounds like total meta-physical nonsense with no substance. Meta-physics itself is not nonsense but it must be based on some science.

[~} What elite? Is there proof of this elite? Show it to me. Don't just talk. GIVE PROOF! Let's assume there is an elite that is ruling world-wide. We know the elite only want to get richer but is there any proof it wants a 'dark side' to rule the earth because it prefers evil? Did you ever consider that this elite doesn't care about what is good or evil and just sees evil as the easiest way to make money? If being good was the easiest way to make money, perhaps the elite would very easily choose it.

[~} Indians seem like a very stupid people! I've studied Chinese and Indian history and Indians are supposed to be totally patriarchal. The Western women have declared that India's patriarchy must be DESTROYED. It comes all the time on the news here in U.S.A. And the men here in U.S.A. have vowed to help the women do that. Do you Indian men care at all that the American men always did and now, their women, HATE YOU???? Do you have a gramme of HONOUR????

[~} Evolution of what? Man? Society? Technology? Military? Economic? ALL? Specify.

[Anatol]

Its much more calculated than that...

Everything that influences our life by the Dark Force is on the Edge..Its not linear like it will crash or not....that's completely naive on our side to even think like that...Both sides of arguments are controlled by the DarkForce....Both side are right and wrong at the same time...

We shouldn't be on either side .....

IT ALL DEPENDS UPON OUR EVOLUTION AND HOW WE FIGHT BACK...

USD will remain the global currency for ever or it will be crashed tomorrow on how we Evolve as human beings....That's the very important equation we are missing.

The elites are evil but not stupid....The whole control system is more Dynamic than what we are being told.

So don't be on other side AND DON"T CARE...You are much higher than if USD stays or get destroyed....EVOLVE....

The entire paradigm of USD depends upon your own evolution...You are the one that will decide if USD stays or destroys not any external force certainly never economics...thats just BS for the sheeps....

We have been programmed by our education to think in a linear way..which is the reason...we base our judgements on right or wrong...stays or goes away etc..We need to come out of our controlled thinking itself to see the larger picture...We should be on neither side .....because...If USD stays or goes away....The rulers of this world will still screw us....

Only way to come out of USD is Evolution.

Hello,

[~} Most of what you said, if not all of it, is platitudes and stupid nonsense that makes no logical sense. It sounds like total meta-physical nonsense with no substance. Meta-physics itself is not nonsense but it must be based on some science.

[~} What elite? Is there proof of this elite? Show it to me. Don't just talk. GIVE PROOF! Let's assume there is an elite that is ruling world-wide. We know the elite only want to get richer but is there any proof it wants a 'dark side' to rule the earth because it prefers evil? Did you ever consider that this elite doesn't care about what is good or evil and just sees evil as the easiest way to make money? If being good was the easiest way to make money, perhaps the elite would very easily choose it.

[~} Indians seem like a very stupid people! I've studied Chinese and Indian history and Indians are supposed to be totally patriarchal. The Western women have declared that India's patriarchy must be DESTROYED. It comes all the time on the news here in U.S.A. And the men here in U.S.A. have vowed to help the women do that. Do you Indian men care at all that the American men always did and now, their women, HATE YOU???? Do you have a gramme of HONOUR????

[~} Evolution of what? Man? Society? Technology? Military? Economic? ALL? Specify.

Hello,

You have still provided NOTHING to corroborate your statements.

[MrPeabody]

Ten Reasons why Gold Bugs lost their shirts

http://www.smh.com.au/business/world-bu ... 30iud.html

[fschmidt]

Ten Reasons why Gold Bugs lost their shirts

http://www.smh.com.au/business/world-bu ... 30iud.html

This totally misses the point. The current gold price is the price for paper gold. Physical gold is sold at the same price as paper gold, but this is done to maintain the illusion that paper gold and physical gold are the same thing. Eventually this will break down.

The way to think about this is that paper gold is a paper currency that is supposed to be backed by physical gold. In this sense, paper gold is very much like national paper currencies were about 200 years ago. What happened to these currencies is that fractional banking would make amount of perceived currency exceed the gold that backed it, and periodically there would be runs on the bank. Exactly the same thing will happen in the precious metals markets eventually because the amount of paper gold and silver greatly exceeds the physical metals. Since banks can freely print paper gold, there is naturally inflation in this currency and the value drops. This is why the price of gold and silver have been dropping. But I think it is now close to breaking point. When it breaks, paper gold and silver will go to zero and the physical metals will shoot up. But until this happens, precious metal (paper) prices will remain low.

[MrPeabody]

The gold bugs have theories without evidence to back it up. What is the proof that banks can freely print paper gold? And the spot price of gold follows the futures price. Having some gold is alright as a hedge.

[fschmidt]

The gold bugs have theories without evidence to back it up. What is the proof that banks can freely print paper gold? And the spot price of gold follows the futures price. Having some gold is alright as a hedge.

You should know me well enough to know that I am not a conspiracy theorist. I am not a typical gold bug. I don't think gold prices are set by conspiracy. Of course it is hard for me to show that "banks can freely print paper gold" but it is enough to show that gold is a fractional banking system. Here are 2 people who are definitely not gold bugs making this point:

http://goldchat.blogspot.com/2010/04/lo ... ar-or.html

[Moretorque]

The gold bugs have theories without evidence to back it up. What is the proof that banks can freely print paper gold? And the spot price of gold follows the futures price. Having some gold is alright as a hedge.

You can go read the amount of gold contracts sold on the Comex and LBMA and realize they are way beyond what is mined in a year for both silver and gold. Yes Mr. Peabody it is the social engineers up to their usual shenanigans with ink pen and phony paper contracts on gold and silver that is in deep storage as Jim Willie says which means it's still in the ground waiting to be mined. You love socialism don't you Mr. Peabody ? so you must like this type of fraud, it all comes with the bankruptcies of all the nation states who have been conquered by the Credit Monopoly through treaty and the stupidity of daa herd.

Mr. Peabody we are waiting for you to use your time machine and go back in time and straiten all this out so we can all live happily ever after.

[Taco]

The gold bugs have theories without evidence to back it up. What is the proof that banks can freely print paper gold? And the spot price of gold follows the futures price. Having some gold is alright as a hedge.

You should know me well enough to know that I am not a conspiracy theorist. I am not a typical gold bug. I don't think gold prices are set by conspiracy. Of course it is hard for me to show that "banks can freely print paper gold" but it is enough to show that gold is a fractional banking system. Here are 2 people who are definitely not gold bugs making this point:

http://goldchat.blogspot.com/2010/04/lo ... ar-or.html

Thanks. Kyle Bass said something else too.

[Tsar]

I will be holding large amounts of gold and silver when I finally earn decent money. I would hold some short-term cash to make those purchases. I would also hold an emergency fund in cash. But anyone that holds cash, has money in a bank account, or bonds are being used. Eventually there will come a time when there is a currency crisis. I don't believe the dollar is going anywhere even if there is a crisis, but it will lose a lot of purchasing power. I expect a 50%-90% permanent decline in purchasing power when it does occur. The dollar will still be there but it will be weak and practically worthless anywhere else when other nations lose faith in it. Besides, gold and silver are of intrinsic value and are a unit that has a finite supply. Fiat has no intrinsic value, it's value is derived by faith, and there is an infinite supply (the supply might be controlled but there is no cap. If they decided they wanted to print $10 trillion every year then they could and devalue the entire dollar).

People think that there is a recovery but there's not. This dollar gaining value is short-term or intermediate-term. The world is still in a financial crisis and hasn't escaped. But there will definitely be a greater financial crisis that will have no Quantitative Easing, money printing, near zero interest rate policy to conceal it or delay the inevitable. When that happens everyone that was deceived into buying stocks at their record highs, that the American economy is the greatest (despite being a complete ruin), and ignoring the mass poverty and unemployed, they will lose everything.

Gold and silver are at their best buying opportunities in five years. In two, five, ten, or twenty years they will be permanently higher in value (at least relative to the American dollar).

[MrPeabody]

The price of gold is also fixed every day by the banks. They do this to prevent arbitrage and it is why the price of gold goes down when the dollar goes up.

https://www.goldfixing.com/how-is-price-fixed/

The price of gold can also be manipulated by hording and dehording because it doesn't have any inherent value. I would buy land or cattle before I would buy gold.

[Taco]

The price of gold is also fixed every day by the banks. They do this to prevent arbitrage and it is why the price of gold goes down when the dollar goes up.

https://www.goldfixing.com/how-is-price-fixed/

The price of gold can also be manipulated by hording and dehording because it doesn't have any inherent value. I would buy land or cattle before I would buy gold.

That's not bad advice. George Bush bought 100,000 acres in Paraguay. Movie director James Cameron bought land in New Zealand. They know when its time to leave.

http://thethinkering.com/articles/2013/ ... t-paraguay

http://www.stuff.co.nz/business/farming ... properties

[Moretorque]

Farm land is the way to go if you can keep it and use it as you like. Gold is compact and can be moved to where you go if a situation becomes hostile and land cannot.

[Rock]

People like Taco have been predicting a collapse of USD is right around the corner (weeks to months out) for many years now on this forum. That kind of talk is silly and detracts a lot from his credibility. If something like that ever does happen, it will take most everyone by surprise. He imagines he's in the know cus he watches some off-the-wall Youtube videos. That's delusional.

You need to get your facts straight Rock. Most of the videos and info. I've presented on the forum are other peoples opinions not my own. Its obvious none of "experts" can agree on a timeline for economic turmoil in the US to begin but that's not my fault. The fact is the US is borrowing 8 trillion dollars a year and they can't pay it back.

The last time I checked the US Dollar Index has been going down for the last 30 years.

Disagree.

In 80s, interest rates hit an extreme all time high as part of Fed's policy to combat stagflation This pushed US$ index to abnormally high level. The index level in most of 80s was an anomaly and should not be used as part of long term trend calculations.

In late 80s, the Index suffered an epic collapse (partially due to falling interest rates and partially due to US forcing the appreciation of Japanese Yen for trade purposes.

From 88 to 97, it traded sideways.

Late 90s to about 2002 was an impressive bull market run as booming US stock market attracted huge amounts of foreign capital inflows. We even ran a budget surplus in one or two of the late years of Clinton.

02 to 05 was the second US$ bear market and this was driven mainly by Greenspan’s policy of lowering interest rates to unprecedented levels and a lackluster equity market. During this period, European Central Bank was much more hawkish which also contributed to increasing differential.

05 to 08 we had another leg down and US$ Index hit a multi-decade low. It’s all in the interest rates - Fed Funds all the way to 30 year Treasuries and long term mortgage rates. When in your lifetime or the lifetime of your father were interest rates in the USA so low? And the single biggest driver of developed world currency values (ex Japan) is probably effective interest rate differentials which QE also feeds into indirectly.

08 to present has been mostly sideways trading. Other major economies have lowered their own rates so differentials have not risen since then.

And Taco, don’t deny that you’ve been crying wolf for many years now. In the earlier days, you claimed to have some sort of special inside track and ‘the end’ was just around the corner. Now that you’ve been proven wrong month after month, year after year, you are distancing yourself claiming that those vids are just opinions of others, not your own. Go back and read your old posts from 1, 2, 3, 4 years ago. You’ve been paranoid and you’ve been very wrong. Anyone who followed what you've been pushing people to invest in (eg gold or shorting equities) would have lost a bundle. Own up.

[Moretorque]

People like Taco have been predicting a collapse of USD is right around the corner (weeks to months out) for many years now on this forum. That kind of talk is silly and detracts a lot from his credibility. If something like that ever does happen, it will take most everyone by surprise. He imagines he's in the know cus he watches some off-the-wall Youtube videos. That's delusional.

You need to get your facts straight Rock. Most of the videos and info. I've presented on the forum are other peoples opinions not my own. Its obvious none of "experts" can agree on a timeline for economic turmoil in the US to begin but that's not my fault. The fact is the US is borrowing 8 trillion dollars a year and they can't pay it back.

The last time I checked the US Dollar Index has been going down for the last 30 years.

Disagree.

In 80s, interest rates hit an extreme all time high as part of Fed's policy to combat stagflation This pushed US$ index to abnormally high level. The index level in most of 80s was an anomaly and should not be used as part of long term trend calculations.

In late 80s, the Index suffered an epic collapse (partially due to falling interest rates and partially due to US forcing the appreciation of Japanese Yen for trade purposes.

From 88 to 97, it traded sideways.

Late 90s to about 2002 was an impressive bull market run as booming US stock market attracted huge amounts of foreign capital inflows. We even ran a budget surplus in one or two of the late years of Clinton.

02 to 05 was the second US$ bear market and this was driven mainly by Greenspan’s policy of lowering interest rates to unprecedented levels and a lackluster equity market. During this period, European Central Bank was much more hawkish which also contributed to increasing differential.

05 to 08 we had another leg down and US$ Index hit a multi-decade low. It’s all in the interest rates - Fed Funds all the way to 30 year Treasuries and long term mortgage rates. When in your lifetime or the lifetime of your father were interest rates in the USA so low? And the single biggest driver of developed world currency values (ex Japan) is probably effective interest rate differentials which QE also feeds into indirectly.

08 to present has been mostly sideways trading. Other major economies have lowered their own rates so differentials have not risen since then.

And Taco, don’t deny that you’ve been crying wolf for many years now. In the earlier days, you claimed to have some sort of special inside track and ‘the end’ was just around the corner. Now that you’ve been proven wrong month after month, year after year, you are distancing yourself claiming that those vids are just opinions of others, not your own. Go back and read your old posts from 1, 2, 3, 4 years ago. You’ve been paranoid and you’ve been very wrong. Anyone who followed what you've been pushing people to invest in (eg gold or shorting equities) would have lost a bundle. Own up.

Actually according to Jim Willie the whole system died in 2008 and the banks have been propping it up by socially engineering all wealth to the top by printing money and manipulating the whole game through phony derivative bets to move the market as desired . As soon as the petro $ is imploded they will move the con completely to Asia with some kinda fake gold backed currency and the pesky West will be finished further cementing world domination. The system works on the merit of baffle them with Bull SH iT!

All the #'s are just a BS con game and have been for at least 25 years.