The end of the US dollar has it arrived?

Just the other day India was trying to persuade it's people to not buy GOLD? WTF

If you don't have it in your Hand you don't own it!!

so lets look at Gold

At first glance, it would be reasonable to assume that America probably has the most economic influence on the gold market simply because the USA is the biggest economy in the world. But as World Gold Council (WGC) stats have long made clear, India has consistently been the largest gold consumer in the world – though the WGC expects that China will move above India in terms of total 2012 consumption.

The WGC calculated that India’s 2011 “Consumer Demand” – defined as “[t]he sum of jewellery and total bar and coin purchases for a country (i.e., the amount of gold acquired directly by individuals) – was 854.4 tonnes. During that same period, United States demand was a mere 187.1 tonnes. (China’s 2011 gold consumption was 843.8 tonnes.) In monetary value, India’s 2011 gold market was worth almost $45 billion, while America’s was only $9.9 billion.

Gold has run up to absurd and preposterous levels not supported in any way by fundamentals. It did the same thing in the 1971 to January 1980 period and then spent the next 22 years crashing by 70% and we're going to see the same down cycle all over again as gold reverts to its mean of $456 per ounce and then heads lower. Silvers mean price is $8 oz. Dollar is King have no fear.

Well read this post from zerohedge..

Last month, the Fed announced that it was formulating a plan to “expand its tool kit”. This includes an openly admitted possibility of a third round of quantitative easing starting as early as September:

This timeline appears to coincide perfectly with the breakdown of the EU, which may also see a climax event in September. In that month, EU policymakers will return from summer holiday. German courts will make a ruling which could put an end to any chance that the country will support a eurozone rescue fund. The Dutch, which are anti-bailout, will vote in elections. Greece will be attempting to renegotiate its financial lifeline. And, the ECB will have to assess the impending chaos in Spain and Italy:

As far as the Fed’s ability to remedy the fiscal situation goes, let’s clear something up right here; the Fed has NO TOOLKIT. Sorry, but central banks have only two options when attempting to shift the tide of the economy: They can lower interest rates to zero, and, they can print-print-print. That is it. We’ve had TARP, numerous bailouts, QE1 and QE2, Operation Twist, and interests rates have been kept near zero for years! These so called solutions have been strapped like millstones around our necks and absolutely nothing has been accomplished since 2008.

Real unemployment still stands at over 20%. The housing crisis remains an unstoppable juggernaut. Europe is on the verge of meltdown (despite the trillions in American taxpayer dollars handed to EU banks). The national debt continues to grow at a pace far beyond what the Obama Administration and mainstream economists (who should have been fired long ago) predicted in 2010. There are no secret magic tricks up the sleeve of Ben Bernanke. Even if the Fed actually wanted to save our financial system, and our currency (which they don’t), there is nothing they can do except make the situation worse. Central banks are perhaps the most useless institutions ever devised, unless, of course, their true purpose is to diminish the financial health of a country and siphon away its economic sovereignty…

Enter the death of the dollar.

The IMF has been consistently calling for the end of the dollar as the world’s reserve currency, and for its replacement by the SDR

LINK to article: with complete links to back it up!

[link to www.zerohedge.com]

And just yesterday

Thread: JPMorgan Chase Libor Subpoenas Coming From Everybody In The World

If voting actually works, we need to get people into office that will keep our dollars at home where it's needed. Also stop these gimme programs to other nations who are fully capable of supporting themselves. I personally don't give a damn about how many military bases we can maintain overseas. Perhaps a little isolationism would go a long way, charity starts at home.

No country can compete with the US of A. The euro is on its way to a fatal end. China will come crumbling down into a heap of debt wreckage. The Shanghai Composite will go all the way back down to around 1500 where it was in 2005. China now has more than $5 trillion in bad bank loans with 20% of loans at their banks to state-sponsored enterprises in default. Factories are closed and closing all over the place and they have more than 65 million vacant housing units for which there is no demand including entire ghost cities. China is getting hit with stiff competition in contract manufacturing from Mexico, Malaysia, Vietnam, Korea and a host of other countries. China's economy is one third the size of that of the US while having a population that is 400% the size of the US which is why China is one of the poorest countries in the world based on per capita income.

Clearly no idea how your country works. You have military bases in other countries and host wars there to destabilize their economies. By bringing down the value of their money you can buy up whatever they have to offer for next to nothing, putting them in the position of financial aid in the first place... WAKE UP!

OK so the dollar goes belly up.

As long as the same people, financial institutions, and processes remain in place the end result will be another Ponzi scheme with the same end result and problems we are experiencing today.

Today's Capitalism depends on infinite expansion just like a Ponzi scheme. The earth and its resources are finite so Ponzi-like collapses are unavoidable.

Well read this post from zerohedge..

Last month, the Fed announced that it was formulating a plan to “expand its tool kit”. This includes an openly admitted possibility of a third round of quantitative easing starting as early as September:

This timeline appears to coincide perfectly with the breakdown of the EU, which may also see a climax event in September. In that month, EU policymakers will return from summer holiday. German courts will make a ruling which could put an end to any chance that the country will support a eurozone rescue fund. The Dutch, which are anti-bailout, will vote in elections. Greece will be attempting to renegotiate its financial lifeline. And, the ECB will have to assess the impending chaos in Spain and Italy:

As far as the Fed’s ability to remedy the fiscal situation goes, let’s clear something up right here; the Fed has NO TOOLKIT. Sorry, but central banks have only two options when attempting to shift the tide of the economy: They can lower interest rates to zero, and, they can print-print-print. That is it. We’ve had TARP, numerous bailouts, QE1 and QE2, Operation Twist, and interests rates have been kept near zero for years! These so called solutions have been strapped like millstones around our necks and absolutely nothing has been accomplished since 2008.

Real unemployment still stands at over 20%. The housing crisis remains an unstoppable juggernaut. Europe is on the verge of meltdown (despite the trillions in American taxpayer dollars handed to EU banks). The national debt continues to grow at a pace far beyond what the Obama Administration and mainstream economists (who should have been fired long ago) predicted in 2010. There are no secret magic tricks up the sleeve of Ben Bernanke. Even if the Fed actually wanted to save our financial system, and our currency (which they don’t), there is nothing they can do except make the situation worse. Central banks are perhaps the most useless institutions ever devised, unless, of course, their true purpose is to diminish the financial health of a country and siphon away its economic sovereignty…

Enter the death of the dollar.

The IMF has been consistently calling for the end of the dollar as the world’s reserve currency, and for its replacement by the SDR

LINK to article: with complete links to back it up!

[link to www.zerohedge.com]

Silver is in the process of fully reverting to its mean of $8 per ounce. It has already plunged nearly 45% from its manic April 2011 high of $50 and is below $28 per ounce. There is a massive overhang (excess supply) of silver in the markets that is estimated to be around 35000 metric tonnes a year. Silver has been an extremely volatile metal ever since its run up in the late 1970s driving solely by commodities speculators - particularly the Hunt Brothers - where it went from $2 per ounce to $50 per ounce in January 1980 before spending the next 22 years crashing 90% down to $4 per ounce. The fundamental value of silver is in the $4 to $8 per ounce range and that is exactly where it is headed.

Gold has run up to absurd and preposterous levels not supported in any way by fundamentals. It did the same thing in the 1971 to January 1980 period and then spent the next 22 years crashing by 70% and we're going to see the same down cycle all over again as gold reverts to its mean of $456 per ounce and then heads lower. Silvers mean price is $8 oz. Dollar is King have no fear.

Dont buy gold or silver or invest in stocks as it is all looking for its mean price. And it will all come crumbling down. The Dollar will shoot above 90 settling in at 98 on the DXY Index when the time comes.

LOL

Silver (along with the precious metals miners) is the most undervalued asset on the planet.

Here is an interview with Chris Powell of GATA on the manipulation and suppression of silver prices. [link to dagnytaggart55k.blogspot.com]

excess supply? LMAO - Eric Sprott doesn't agree.

[link to www.youtube.com (secure)]

you are not wise.
Gold will be over 1900 by years end,

thy have NO CHOICE now but to add a few zeros and take it all down....

LOL

check mate--- war aint gonna do it..