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**CENTRAL BANKERS ABANDONING US DOLLAR****

 
Jack Hinson
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07/12/2010 04:02 PM
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**CENTRAL BANKERS ABANDONING US DOLLAR****
get ready for an EMP ATTACK, INTERNET REBOOT AND SUBSEQUENT CENSORSHIP, AND WAR WITH IRAN... CUZ IT WILL TAKE AT LEAST ONE OR ALL OF THOSE SCENARIOS TO FOOL AMERICANS INTO ACCEPT A NEW ONE WORLD CURRENCY AND TO ENTER INTO FOUR ENDLESS WARS...

AFGHANISTAN
IRAQ
PAKISTAN
AND COMING TO A THEATER OF WAR NEAR YOU..
IRAN


full article
[link to wallstreet.blogs.fortune.cnn.com]

excerpt
A new report from Morgan Stanley analyst Emma Lawson confirms what many had suspected: the dollar is firmly on its way to losing its status as the reserve currency of the world. We already knew that central banks have preferred gold to dollars, and that they're even selling their gold for cash; now, according to Lawson's data, it seems that those central banks prefer almost anything to dollars.

Lawson found that central banks have dropped their allocation to U.S. dollars by nearly a full percentage point to 57.3% from 58.1%, and calls this "unexpected given the global environment." She adds, "over time we anticipate that reserve managers may reduce their holdings further."



Just last week, America's debt lept $166 billion in a single day. That one-day run-up is greater than the entire U.S. annual deficit in 2007. And Americans, the world's consumers, continue much of the behavior that helped the U.S savings rate drop so low.
"It was for liberty that Christ freed us"
Galatians 5:1

[link to www.tennesseesonsofliberty.com]
[link to www.weethepeeps.com]

LOOKWHATIDID 'SERF SONG':
[link to www.youtube.com]

ESCAPE FROM SERFDOM THROUGH POLITICAL SELF DETERMINATION!!!

STRIKE THE ROOT! ABOLISH THE FEDERAL RESERVE!
Anonymous Coward
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07/12/2010 04:08 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
hiding
Freak

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07/12/2010 04:09 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
We will go to war with Iran before that happens. Guaranteed.
Anonymous Coward
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07/12/2010 04:10 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
IM GOD WE TRUST
Anonymous Coward
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07/12/2010 04:10 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
America's debt lept $166 billion in a single day. That one-day run-up is greater than the entire U.S. annual deficit in 2007.

DAMN it!
Anonymous Coward
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07/12/2010 04:11 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
Being a newbie......what will this do to gold and silver in the US. Say gold and silver eagles that one has possession of? Thanks.
BROKEN

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07/12/2010 04:12 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
popcorn
"The individual is handicapped by coming face to face
with a conspiracy so monstrous he cannot believe it exists."
J. Edgar Hoover

"Those who make Peaceful Revolution Impossible...Will make Violent Revolution Inevitable"
-JFK

:minimoran:
Anonymous Coward
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07/12/2010 04:12 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
Being a newbie......what will this do to gold and silver in the US. Say gold and silver eagles that one has possession of? Thanks.
 Quoting: Anonymous Coward 829114


It will either be confiscated by the government or sales of said precious metals will be taxed at 99%...either way, you're screwed.
Anonymous Coward
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07/12/2010 04:13 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
this can not happen soon enough. THe day I can finally retreat to my place away from this bullshit society. the happier I will be.
Jack Hinson  (OP)

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07/12/2010 04:15 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
Being a newbie......what will this do to gold and silver in the US. Say gold and silver eagles that one has possession of? Thanks.
 Quoting: Anonymous Coward 829114


LOTS OF DIFF. THOUGHTS ON THIS..

WATCH THE MOVIE.. THE SECRET OF OZ..

OR

MONEYMASTERS
"It was for liberty that Christ freed us"
Galatians 5:1

[link to www.tennesseesonsofliberty.com]
[link to www.weethepeeps.com]

LOOKWHATIDID 'SERF SONG':
[link to www.youtube.com]

ESCAPE FROM SERFDOM THROUGH POLITICAL SELF DETERMINATION!!!

STRIKE THE ROOT! ABOLISH THE FEDERAL RESERVE!
Anonymous Coward
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07/12/2010 04:15 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
This will cause massive hyper inflation. When the world's central banks clear their vaults of dollars, it will be just as if the fed dumped Trillions of paper currency into the economy all at once. A boatload of dollars will only buy you a loaf of bread.
Anonymous Coward
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07/12/2010 04:16 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
There is a problem in the OP.

First it says that Central Bankers are abandoning the US Dollar.

Then it says Central Bankers are selling their gold for Cash.

Well which is it?
Anonymous Coward
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07/12/2010 04:18 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
someone hasn't watched "The Secret of OZ"...

[link to v.youku.com]
Anonymous Coward
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07/12/2010 04:18 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
Being a newbie......what will this do to gold and silver in the US. Say gold and silver eagles that one has possession of? Thanks.


It will either be confiscated by the government or sales of said precious metals will be taxed at 99%...either way, you're screwed.
 Quoting: Anonymous Coward 1033771



Says the guy too poor to buy any.....
Anonymous Coward
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07/12/2010 04:20 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
I agree with the broad sense of this thread title. But one point is not the end of the world. Surely this is happening, but it won't (and can't) happen in the blink of an eye.

I find it interesting to note that even though we are a county of 300 million, in a world of 6 billion (do the math), we are still have a majority of the worlds printed money! Well over 50%! 300 million divided by 6 billion=5% of the worlds population. Crazy
Anonymous Coward
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07/12/2010 04:21 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
There is a problem in the OP.

First it says that Central Bankers are abandoning the US Dollar.

Then it says Central Bankers are selling their gold for Cash.

Well which is it?
 Quoting: Anonymous Coward 974569


I was thinking the exact same thing! That don't add up.
Anonymous Coward
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07/12/2010 04:21 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
AZRAEL

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07/12/2010 04:21 PM
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nau

[...]
DNAprototype

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07/12/2010 04:21 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
Been hearing this for a few years now.
Anonymous Coward
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07/12/2010 04:22 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
Remember:

Never trust a snake! Or a bunch of snakes in a snakepit that own, control, create, disregard and decide-upon what will be deemed as news and then subsequently delivered up as truth.

These are all a bunch of 2-bit lying criminal scumbag thieves who will stop at nothing to complete the transfer of your wealth into their winnings
Anonymous Coward
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07/12/2010 04:22 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
:nau:

[...]
 Quoting: AZRAEL



HAHAHAHAHAH

ROFLLLL

THAT IS A EXCELLENT PICTURE...

HAHAHAH

5a

and whats really funny is, the joke is on ALL OF US !!!
Anonymous Coward
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07/12/2010 04:24 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
There is a problem in the OP.

First it says that Central Bankers are abandoning the US Dollar.

Then it says Central Bankers are selling their gold for Cash.

Well which is it?


I was thinking the exact same thing! That don't add up.
 Quoting: Anonymous Coward 1031131



Not our cash
EVERYTHING ELSE
Anonymous Coward
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07/12/2010 04:24 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
Being a newbie......what will this do to gold and silver in the US. Say gold and silver eagles that one has possession of? Thanks.


It will either be confiscated by the government or sales of said precious metals will be taxed at 99%...either way, you're screwed.
 Quoting: Anonymous Coward 1033771



Incorrect. The government cannot confiscate numismatic coins (Liberty/double-eagle coins), only bullion.
2010rapture.org
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07/12/2010 04:25 PM
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We will go to war with Iran before that happens. Guaranteed.
 Quoting: Freak


AMEN and AMEN
Anonymous Coward
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07/12/2010 04:25 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
Being a newbie......what will this do to gold and silver in the US. Say gold and silver eagles that one has possession of? Thanks.
 Quoting: Anonymous Coward 829114



There are many more factors that will influence the price of gold and silver. For one, they are sold on the international market, so technically, this fact will not influence that at all.

However, if their is a world wide economic collapse, or break down in society, that is a different story.

Gold will have to be shaved to make small purchases. I mean, do you need groceries worth $3000-$6000 (off a one ounce gold coin) at one time? No, you will shave it and sell grams.

Silver will be used more often for smaller purchases. That is assuming there is food to buy.....
Anonymous Coward
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07/12/2010 04:26 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
Being a newbie......what will this do to gold and silver in the US. Say gold and silver eagles that one has possession of? Thanks.


It will either be confiscated by the government or sales of said precious metals will be taxed at 99%...either way, you're screwed.



Incorrect. The government cannot confiscate numismatic coins (Liberty/double-eagle coins), only bullion.
 Quoting: StephenInAZ



Currently, but laws change. And it a state of emergency, even the constitution doesn't apply.
Anonymous Coward
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07/12/2010 04:26 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
I agree with the broad sense of this thread title. But one point is not the end of the world. Surely this is happening, but it won't (and can't) happen in the blink of an eye.

I find it interesting to note that even though we are a county of 300 million, in a world of 6 billion (do the math), we are still have a majority of the worlds printed money! Well over 50%! 300 million divided by 6 billion=5% of the worlds population. Crazy
 Quoting: Anonymous Coward 1008736


Americans are overachievers.

You have 50+ % of the military budget too. And 50+ % of the lawyers. And 50+ % of the jail population. Not to mention 50+ % of the fatsos.

I think you'll end up with 50+ % of the doom as well!
SlapNuts

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07/12/2010 04:26 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
Been hearing this for a few years now.
 Quoting: DNAprototype

Yes we all have and this is how The Governments works ...in very subtle ways so the population will gradually accept it otherwise a quick switch over will cause more harm then good.

This is how the NWO is being introduced world wide..in very subtle but effective ways.
What goes around comes around - Contact: [email protected]
Anonymous Coward
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07/12/2010 04:26 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
There is a problem in the OP.

First it says that Central Bankers are abandoning the US Dollar.

Then it says Central Bankers are selling their gold for Cash.

Well which is it?
 Quoting: Anonymous Coward 974569


Its both, as they dump dollars from the vaults back into the economy, it causes hyperinfation, people will flock to gold to escape it. In order to offset this, the central banks sell off lots of gold so that the excess surplus of gold in the market helps counter the demand and artificially keep the price of gold down so that it doesnt look like hyper inflation is happening. This will only work for so long.
2010rapture.org
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07/12/2010 04:26 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
Being a newbie......what will this do to gold and silver in the US. Say gold and silver eagles that one has possession of? Thanks.
 Quoting: Anonymous Coward 829114


The Bible says that gold and silver will not save you in the endtime. The rapture is your only hope of escape.

[link to www.2010rapture.org]
Anonymous Coward
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07/12/2010 04:27 PM
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Re: **CENTRAL BANKERS ABANDONING US DOLLAR****
There is a problem in the OP.

First it says that Central Bankers are abandoning the US Dollar.

Then it says Central Bankers are selling their gold for Cash.

Well which is it?


I was thinking the exact same thing! That don't add up.
 Quoting: Anonymous Coward 1031131



See you noticed it. The thing is most people here just happen to be sheep that stumbled upon GLP. I would say about 25% of the people on this forum are actually "enlightened".

Another thing is that people Rushed to the US dollar back when the stock market was crashing and we were losing 700,000 jobs/month. This sell off is most likely caused by investors seeing light at the end of the tunnel so to speak.

Of course the people on GLP have a hardon for doom so I'm pretty sure someone is going to try to debunk me.





GLP