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Something is up!!! Repudiation of the dollar!!! Its started!!

 
Anonymous Coward
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02/17/2013 12:16 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
All the guru,s say when medals crash look out? Uh? That happened yesterday!bump
 Quoting: GT500


you would think when dollar crash the medals will go up? gasp
 Quoting: Anonymous Coward 14443159



Me too! That confuses me to! Gold should keep rising as the dollor drops? Anyone care to explain in redneck terms?
 Quoting: GT500


Short answer: The precious metal markets are rigged.

Longer answer from what I've read:

The Fed provides JP Morgan with all the credit they need to force the price of precious metals down.

This is a win-win for the Fed (it's privately owned) and JP.

The Fed wants to keep the dollar strong despite printing dollars like there is no tomorrow. Pushing gold and silver down helps them to maintain the appearance of a stronger dollar.

JP benefits because they rake in millions each time they pull the price down. JP pays back the Fed with a small amount of interest paid.

The Fed can get away with this because the Fed is not audited. The monitoring agency (CTFC?) is in on the scheme, so the Fed and JP have no worries.
 Quoting: TheAmericanCancerSocietySucks


True, but that exacerbates the problem of backwardation. The more they paper shares they push into the futures market, the further the spread (basis) becomes (negative) between the future's price and spot price.

This is the mechanism that will ultimately blow them all up.

.
mrmuffins69

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02/17/2013 12:17 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
yup here in new york it was $3.99 in the beginning of the week, now its over $4.10. it was $3.79 2 weeks ago
GFX guy

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02/17/2013 12:19 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Looks like a great time to buy a Tesla! The 80k price tag isn't half bad when you figure it will save me about 800 dollars per month in gas costs and still is a very nice luxurious automobile. Also, the maintenance costs are NIL compared to a Benz or BMW.
 Quoting: MarkinAZ


That is until it comes time to replace those batteries:

Perhaps the biggest surprises are the low costs for replacement batteries: $8,000 for the 40-kWh battery, $10,000 for the 60-kWh and $12,000 for the 85-kWh pack. It sounds like you will need to buy this "warranty" soon, and then it "will provide you a new battery anytime after the end of the eighth year." We are curious to learn more about the math and expected rate of uptake on this, because it would be flatly shocking that an 85-kWh pack costs just $12,000, even eight years from now.

[link to green.autoblog.com]

That's only $1,500/year... but if you're saving $800/month in gas alone, then you'll probably need a replacement every few years.

Aint that green economy great!!!
Morning Cup Of Doom

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02/17/2013 12:20 AM

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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
...


The fact that nobody is even talking about how much gas has gone up, is a clear indicator that nobody knows really why... And that is scary cause that means its the dollar thats being repudiated!
 Quoting: MaxMad


Gas has gone up because Oil has been at $95.00 per barrel since the first part of January...

Oil is up $10 in the last two months...
 Quoting: Saddletramp


Last time we paid these prices at the pump, the price of oil was pushing $150 a bbl. That's a lot of loss in buying power in just 4 years.
 Quoting: Anonymous Coward 1482838


Great point... Now a barrel is 95 and we are at $4/gallon... What will we be paying if it gets back to $148/barrell- $9/gallon?
 Quoting: MaxMad

Agree!
Ryan Cawdor
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02/17/2013 12:22 AM

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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Crowd sourced gas prices in Cali...
[link to www.californiagasprices.com]
 Quoting: GFX guy


Wow 5.19!!!!!!!
 Quoting: MaxMad


It's amazing how high the gas prices are in San Francisco considering there is a refinery across the Bay.
Anonymous Coward
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02/17/2013 12:37 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Actually the dollar had been going up and will probably start a new uptrend. Yes metals crash when the dollar goes UP such doom tards
gebahie

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02/17/2013 12:44 AM

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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Anonymous Coward
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02/17/2013 12:53 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
4, maybe 5 weeks - then it will become obvious
 Quoting: Anonymous Coward 34272337


When those unused dollars start flooding back it is going to be horrible... I fiqured this would how it started... Nothing on the news to create panic-just a steady climb for no reason in the price of oil! Followed by Massive price increases in everything... Meanwhile, the sheeple are drunk...
 Quoting: MaxMad


The price of gasoline at the pump and the price of crude oil futures contracts are two different things -- which are you talking about?
Anonymous Coward
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02/17/2013 12:54 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
All the guru,s say when medals crash look out? Uh? That happened yesterday!bump
 Quoting: GT500


Another moron who doesn't know metals from medals.

I suppose a "bare" chased you in the woods.

People with IQ's below 130 should never be allowed to speak, write or vote.
VeryNigh

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02/17/2013 12:55 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
For those who have been paying attention to what is going on-this will come as no shock! Repudiation of the dollar has begun and is taking off! The way I know is that the price of gas is always the first indicator!! Gas has risen more than 60 cents in just the last 2 weeks! Here's the shock it has risen 14 cents in just the last couple of hours.... The looks like the dollar death is happening rapidly... I suspect it started in earnest when the Chinese announced OIl for Yuan!!! This may be it for the dollar!!
 Quoting: MaxMad


by this logic the dollar has been repudiated for like.. the last three decades.
GFX guy

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02/17/2013 01:03 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!

 Quoting: gebahie


Great interview! Thanks!!
TeamReaper

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02/17/2013 01:21 AM

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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
sorry if this has been posted before:

The U.S. Exchange Stabilization Fund was established at the Treasury Department by a provision in the Gold Reserve Act of January 31, 1934. 31 U.S.C. § 5117


"Presenting The Exchange Stabilization Fund In 5 Parts: Is This The Real "Plunge Protection Team"?"

It is impossible to understand the world today without knowing what the ESF is and what it has been doing. Officially in charge of defending the dollar, the ESF is the government agency which controls the New York Fed, runs the CIA's black budget, and is the architect of the world's monetary system (IMF, World Bank, etc). ESF financing (through the OSS and then the CIA) built up the worldwide propaganda network which has so badly distorted history today (including erasing awareness of its existence from popular consciousness). It has been directly involved in virtually every major US fraud/scandal since its creation in 1934: the London gold pool, the Kennedy assassinations, Iran-Contra, CIA drug trafficking, HIV, and worse...

[link to www.zerohedge.com]


Secretary of the Treasury, with the approval of the President, to use money in the ESF to "deal in gold, foreign exchange, and other instruments of credit and securities."
[link to www.slate.com]

On September 19, 2008, U.S. Treasury Department announced that up to $50 billion in the ESF would temporarily be made available to guarantee deposits in certain money market funds. FYI-largest institutional money fund is the JPMorgan Prime Money Market Fund
[link to www.treasury.gov]


if you ever wanted to know about SDRs, need to look at the ESF
In every operation, whether planning it or executing it, you can never count on luck; but you have to accept it, and recognize it when it’s there.
-Major ******, U-2 Pilot/Instructor/Flight Commander
Sundara

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02/17/2013 01:21 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Changing from winter to summer blends. Always goes up during this process.
 Quoting: Anonymous Coward 11312444


Thats part of it.... But not 65 cents in 2 weeks... Sorry Charlie, the refineries make the adjustment well in advance to not create a huge spike.
 Quoting: MaxMad


these oil guys will charge us anything they want and we will buy it...


lol


whos gonna stop them? do you think they give a fuck?


lol
i love you:)
Anonymous Coward
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02/17/2013 01:30 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
For those who have been paying attention to what is going on-this will come as no shock! Repudiation of the dollar has begun and is taking off! The way I know is that the price of gas is always the first indicator!! Gas has risen more than 60 cents in just the last 2 weeks! Here's the shock it has risen 14 cents in just the last couple of hours.... The looks like the dollar death is happening rapidly... I suspect it started in earnest when the Chinese announced OIl for Yuan!!! This may be it for the dollar!!
 Quoting: MaxMad


bsflag
Anonymous Coward
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02/17/2013 01:33 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
You folks are so fucking retarded it's scary. No wonder A J, Glenn Beck and the whole Conservative Entertainment Complex "CEC" are fighting over you dipshits.

They can feed you guys mountains and mountains of steaming heaps of bullshit years after year. There's no amount of facts or provable science that'll get between you and your bullshit.

I can see the fun in the sharing/reading some sensationalist, over the top bullshit "sometimes based on real events" on a conspiracy forum.

It gets a bit alarming when you realize there are so many dumb fucks really believing this shit and absolutely nothing will change their mind.

Just had to get that off my chest, now can we get another round of your finest, steaming hot bullshit, ty.
GFX guy

User ID: 9776422
United States
02/17/2013 01:33 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
sorry if this has been posted before:

The U.S. Exchange Stabilization Fund was established at the Treasury Department by a provision in the Gold Reserve Act of January 31, 1934. 31 U.S.C. § 5117


"Presenting The Exchange Stabilization Fund In 5 Parts: Is This The Real "Plunge Protection Team"?"

It is impossible to understand the world today without knowing what the ESF is and what it has been doing. Officially in charge of defending the dollar, the ESF is the government agency which controls the New York Fed, runs the CIA's black budget, and is the architect of the world's monetary system (IMF, World Bank, etc). ESF financing (through the OSS and then the CIA) built up the worldwide propaganda network which has so badly distorted history today (including erasing awareness of its existence from popular consciousness). It has been directly involved in virtually every major US fraud/scandal since its creation in 1934: the London gold pool, the Kennedy assassinations, Iran-Contra, CIA drug trafficking, HIV, and worse...

[link to www.zerohedge.com]


Secretary of the Treasury, with the approval of the President, to use money in the ESF to "deal in gold, foreign exchange, and other instruments of credit and securities."
[link to www.slate.com]

On September 19, 2008, U.S. Treasury Department announced that up to $50 billion in the ESF would temporarily be made available to guarantee deposits in certain money market funds. FYI-largest institutional money fund is the JPMorgan Prime Money Market Fund
[link to www.treasury.gov]


if you ever wanted to know about SDRs, need to look at the ESF
 Quoting: TeamReaper


Isn't all of that just describing the bankster cabal wing?

The mobsters of old would certainly be jealous of what the banksters have become. It would've been like the mobsters, FBI & the ATF all colluding together to undermine the public. Plus they would've been coordinating with all other mobster factions around the world.
GFX guy

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02/17/2013 01:38 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
You folks are so fucking retarded it's scary. No wonder A J, Glenn Beck and the whole Conservative Entertainment Complex "CEC" are fighting over you dipshits.

They can feed you guys mountains and mountains of steaming heaps of bullshit years after year. There's no amount of facts or provable science that'll get between you and your bullshit.

I can see the fun in the sharing/reading some sensationalist, over the top bullshit "sometimes based on real events" on a conspiracy forum.

It gets a bit alarming when you realize there are so many dumb fucks really believing this shit and absolutely nothing will change their mind.

Just had to get that off my chest, now can we get another round of your finest, steaming hot bullshit, ty.
 Quoting: Anonymous Coward 26514621


You're right! I just came to my senses... it's all so clear now.
Everything IS fine.
There really ARE green shoots everywhere.
Prices AREN'T going up and sizes AREN'T shrinking.
And best of all... The government REALLY DOES LOVE US!

y_lovin

Ah.... YES!
Saddletramp
We Don't Rent Pigs...

User ID: 739427
United States
02/17/2013 01:39 AM

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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
sorry if this has been posted before:

The U.S. Exchange Stabilization Fund was established at the Treasury Department by a provision in the Gold Reserve Act of January 31, 1934. 31 U.S.C. § 5117


"Presenting The Exchange Stabilization Fund In 5 Parts: Is This The Real "Plunge Protection Team"?"

It is impossible to understand the world today without knowing what the ESF is and what it has been doing. Officially in charge of defending the dollar, the ESF is the government agency which controls the New York Fed, runs the CIA's black budget, and is the architect of the world's monetary system (IMF, World Bank, etc). ESF financing (through the OSS and then the CIA) built up the worldwide propaganda network which has so badly distorted history today (including erasing awareness of its existence from popular consciousness). It has been directly involved in virtually every major US fraud/scandal since its creation in 1934: the London gold pool, the Kennedy assassinations, Iran-Contra, CIA drug trafficking, HIV, and worse...

[link to www.zerohedge.com]


Secretary of the Treasury, with the approval of the President, to use money in the ESF to "deal in gold, foreign exchange, and other instruments of credit and securities."
[link to www.slate.com]

On September 19, 2008, U.S. Treasury Department announced that up to $50 billion in the ESF would temporarily be made available to guarantee deposits in certain money market funds. FYI-largest institutional money fund is the JPMorgan Prime Money Market Fund
[link to www.treasury.gov]


if you ever wanted to know about SDRs, need to look at the ESF
 Quoting: TeamReaper


Isn't all of that just describing the bankster cabal wing?

The mobsters of old would certainly be jealous of what the banksters have become. It would've been like the mobsters, FBI & the ATF all colluding together to undermine the public. Plus they would've been coordinating with all other mobster factions around the world.
 Quoting: GFX guy


If you want to find out about the bankster cabal just google BIS or Bank of International Settlements in Basel, Switzerland...This is the top of the pyramid in the banking world, and they have been responsible for every large move in the world economy since WWII, including the crash of 2008-09...

They crashed the economy in 2008 with banking regulations known as The Basel II and 2.5 Banking Regulations, or Mark to Market Accounting, which essentially made Sub-Prime Mortgage Backed Securities, and even Prime Mortgage Backed Securities with some delinquencies on the books, worthless on banks balance sheets...

Wait till you see what the Basel III Regulations, coming out sometime this year, have in store for us...

Last Edited by Saddletramp on 02/17/2013 01:45 AM
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
TheAmericanCancerSoci​etySucks

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02/17/2013 01:50 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Me too! That confuses me to! Gold should keep rising as the dollor drops? Anyone care to explain in redneck terms?
 Quoting: GT500


If it were real gold being traded, then yes, the price would be through the roof by now. Unfortunately, most of the gold being traded is made of paper. When TPTB want to hammer the price of real gold they simply introduce and sell a bunch of the paper type.
When everyone finally wises up to this scam, real gold will do a moon shot.
 Quoting: my 2 cents


The problem is that most everyone in the market knows of the rigged market, but there is no one willing to stop JP from doing what they are doing.

The Fed supplies JP with all the credit they need to bring the price down. So knowledge of the crime isn't enough. It's enforcement that is needed.
Author, inventor, disorganizer. Let's disorganize the American Cancer Society.
TheAmericanCancerSoci​etySucks

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02/17/2013 01:52 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
You folks are so fucking retarded it's scary. No wonder A J, Glenn Beck and the whole Conservative Entertainment Complex "CEC" are fighting over you dipshits.

They can feed you guys mountains and mountains of steaming heaps of bullshit years after year. There's no amount of facts or provable science that'll get between you and your bullshit.

I can see the fun in the sharing/reading some sensationalist, over the top bullshit "sometimes based on real events" on a conspiracy forum.

It gets a bit alarming when you realize there are so many dumb fucks really believing this shit and absolutely nothing will change their mind.

Just had to get that off my chest, now can we get another round of your finest, steaming hot bullshit, ty.
 Quoting: Anonymous Coward 26514621


You win tonight's prize for the longest content free response. Congratulations.
Author, inventor, disorganizer. Let's disorganize the American Cancer Society.
Anonymous Coward
User ID: 33315597
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02/17/2013 01:52 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Get out your walkin shoes! :)
Anonymous Coward
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02/17/2013 01:55 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
You folks are so fucking retarded it's scary. No wonder A J, Glenn Beck and the whole Conservative Entertainment Complex "CEC" are fighting over you dipshits.

They can feed you guys mountains and mountains of steaming heaps of bullshit years after year. There's no amount of facts or provable science that'll get between you and your bullshit.

I can see the fun in the sharing/reading some sensationalist, over the top bullshit "sometimes based on real events" on a conspiracy forum.

It gets a bit alarming when you realize there are so many dumb fucks really believing this shit and absolutely nothing will change their mind.

Just had to get that off my chest, now can we get another round of your finest, steaming hot bullshit, ty.
 Quoting: Anonymous Coward 26514621


You're right! I just came to my senses... it's all so clear now.
Everything IS fine.
There really ARE green shoots everywhere.
Prices AREN'T going up and sizes AREN'T shrinking.
And best of all... The government REALLY DOES LOVE US!

y_lovin

Ah.... YES!
 Quoting: GFX guy


5a
TheAmericanCancerSoci​etySucks

User ID: 34545277
United States
02/17/2013 01:56 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
...


you would think when dollar crash the medals will go up? gasp
 Quoting: Anonymous Coward 14443159



Me too! That confuses me to! Gold should keep rising as the dollor drops? Anyone care to explain in redneck terms?
 Quoting: GT500


Short answer: The precious metal markets are rigged.

Longer answer from what I've read:

The Fed provides JP Morgan with all the credit they need to force the price of precious metals down.

This is a win-win for the Fed (it's privately owned) and JP.

The Fed wants to keep the dollar strong despite printing dollars like there is no tomorrow. Pushing gold and silver down helps them to maintain the appearance of a stronger dollar.

JP benefits because they rake in millions each time they pull the price down. JP pays back the Fed with a small amount of interest paid.

The Fed can get away with this because the Fed is not audited. The monitoring agency (CTFC?) is in on the scheme, so the Fed and JP have no worries.
 Quoting: TheAmericanCancerSocietySucks


True, but that exacerbates the problem of backwardation. The more they paper shares they push into the futures market, the further the spread (basis) becomes (negative) between the future's price and spot price.

This is the mechanism that will ultimately blow them all up.

.
 Quoting: Anonymous Coward 961432


Go to any gold dealer and place an order. Their price will be based on what the COMEX says it is plus a small fee.
Author, inventor, disorganizer. Let's disorganize the American Cancer Society.
GFX guy

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02/17/2013 01:58 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
...
 Quoting: GFX guy


If you want to find out about the bankster cabal just google BIS or Bank of International Settlements in Basel, Switzerland...This is the top of the pyramid in the banking world, and they have been responsible for every large move in the world economy since WWII, including the crash of 2008-09...

They crashed the economy in 2008 with banking regulations known as The Basel II and 2.5 Banking Regulations, or Mark to Market Accounting, which essentially made Sub-Prime Mortgage Backed Securities, and even Prime Mortgage Backed Securities with some delinquencies on the books, worthless on banks balance sheets...

Wait till you see what the Basel III Regulations, coming out sometime this year, have in store for us...
 Quoting: Saddletramp


Very enlightening!

Google just introduced me to the Head of Foreign Exchange & Gold. He's quoted as saying:
"The BIS is a really special place to work because it is a link between the markets and the central banks. This means that I can work in the markets, as I was doing before, while taking a central bank perspective. I find it very interesting to talk to the central bankers who call us for advice, information and market liquidity summary, and I love having a foot in both camps."
[link to www.zerohedge.com]
cheers
Anonymous Coward
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02/17/2013 01:59 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!


0:39-1:02....ring a bell?
Frater

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02/17/2013 02:01 AM

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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Ordinarily the dollar could be observed in relation to gold and silver.

Ordinarily..

But they manipulate gold and silver with paper gold and silver now...

Oil and other commodities is shot through the roof by speculators and that needs to be reigned in.

Frater

PS END THE FED!

END THE FED!

END THE FED!
LVX!
Saddletramp
We Don't Rent Pigs...

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02/17/2013 02:02 AM

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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
...
 Quoting: GFX guy


If you want to find out about the bankster cabal just google BIS or Bank of International Settlements in Basel, Switzerland...This is the top of the pyramid in the banking world, and they have been responsible for every large move in the world economy since WWII, including the crash of 2008-09...

They crashed the economy in 2008 with banking regulations known as The Basel II and 2.5 Banking Regulations, or Mark to Market Accounting, which essentially made Sub-Prime Mortgage Backed Securities, and even Prime Mortgage Backed Securities with some delinquencies on the books, worthless on banks balance sheets...

Wait till you see what the Basel III Regulations, coming out sometime this year, have in store for us...
 Quoting: Saddletramp


Very enlightening!

Google just introduced me to the Head of Foreign Exchange & Gold. He's quoted as saying:
"The BIS is a really special place to work because it is a link between the markets and the central banks. This means that I can work in the markets, as I was doing before, while taking a central bank perspective. I find it very interesting to talk to the central bankers who call us for advice, information and market liquidity summary, and I love having a foot in both camps."
[link to www.zerohedge.com]
cheers
 Quoting: GFX guy


The BIS is the Central Bank of the Central Banks...they were almost a total secret until the 1970's, when they arranged Bretton-Woods II that took America off of the gold standard...

Since then they have slowly come out into the light somewhat, though they still "try" to keep a low profile...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
TeamReaper

User ID: 22030141
United States
02/17/2013 02:48 AM

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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
sorry if this has been posted before:

The U.S. Exchange Stabilization Fund was established at the Treasury Department by a provision in the Gold Reserve Act of January 31, 1934. 31 U.S.C. § 5117


"Presenting The Exchange Stabilization Fund In 5 Parts: Is This The Real "Plunge Protection Team"?"

It is impossible to understand the world today without knowing what the ESF is and what it has been doing. Officially in charge of defending the dollar, the ESF is the government agency which controls the New York Fed, runs the CIA's black budget, and is the architect of the world's monetary system (IMF, World Bank, etc). ESF financing (through the OSS and then the CIA) built up the worldwide propaganda network which has so badly distorted history today (including erasing awareness of its existence from popular consciousness). It has been directly involved in virtually every major US fraud/scandal since its creation in 1934: the London gold pool, the Kennedy assassinations, Iran-Contra, CIA drug trafficking, HIV, and worse...

[link to www.zerohedge.com]


Secretary of the Treasury, with the approval of the President, to use money in the ESF to "deal in gold, foreign exchange, and other instruments of credit and securities."
[link to www.slate.com]

On September 19, 2008, U.S. Treasury Department announced that up to $50 billion in the ESF would temporarily be made available to guarantee deposits in certain money market funds. FYI-largest institutional money fund is the JPMorgan Prime Money Market Fund
[link to www.treasury.gov]


if you ever wanted to know about SDRs, need to look at the ESF
 Quoting: TeamReaper


Isn't all of that just describing the bankster cabal wing?

The mobsters of old would certainly be jealous of what the banksters have become. It would've been like the mobsters, FBI & the ATF all colluding together to undermine the public. Plus they would've been coordinating with all other mobster factions around the world.
 Quoting: GFX guy


If you want to find out about the bankster cabal just google BIS or Bank of International Settlements in Basel, Switzerland...This is the top of the pyramid in the banking world, and they have been responsible for every large move in the world economy since WWII, including the crash of 2008-09...

They crashed the economy in 2008 with banking regulations known as The Basel II and 2.5 Banking Regulations, or Mark to Market Accounting, which essentially made Sub-Prime Mortgage Backed Securities, and even Prime Mortgage Backed Securities with some delinquencies on the books, worthless on banks balance sheets...

Wait till you see what the Basel III Regulations, coming out sometime this year, have in store for us...
 Quoting: Saddletramp


Just ask Richard, aka "Dick," Fuld what he thinks of Basel II!

Not to mention the ISDA, International Swaps and Derivatives Association, should also be mentioned in this group. After all, it was their rule change in 2005 that benefited those who short mortgage-backed securities (CDO Payouts).

Last Edited by TeamReaper on 02/17/2013 02:57 AM
In every operation, whether planning it or executing it, you can never count on luck; but you have to accept it, and recognize it when it’s there.
-Major ******, U-2 Pilot/Instructor/Flight Commander
Anonymous Coward
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02/17/2013 02:55 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
The Arabs at OPEC know how to play us perfectly. Raise gas prices till we complain so much we threaten with the use of alternative fuels. Hell they wait till we introduce legislation and drop it back down to the point of little complaint which was higher then the last point of no complaint but everyone is thankful it's not 4.65 again and we settle down, forget all about alternative fuels and national security and go back to sheeping like good sheep do.
That's the trick, take us to the brink of pissed, leave it there, drop it back but not all the way repeat process
 Quoting: Anonymous Coward 34398220


Dude you have it all wrong. It's not the greeday Arabs, although they are greedy LOL! Its the loss of purchasing power of the dollar. When OPEC has an agreement with say the US they (the market manipulators) agree to keep it above a certain price and the OPEC'ers 1rof1 agree to only sell oil in dollars. Alot of these Arab countries have predicated their national budgets on $90.00 oil. If they keep printing dollars like toilet paper the Arabs want more dollars for their oil. You think the top Arabs want the masses mad at them for not proving public services ?

This saying may put it into perspective: created by me !

"They are printing more dollars today, and they will need more of them to buy that same barrel of oil as it was yesterday, tomorrow"
 Quoting: Anonymous Coward 33034699


So the arabs have people in the mint counting our money we make, to gauge this inflation? Really?
Anonymous Coward
User ID: 24238594
United States
02/17/2013 03:01 AM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
You folks are so fucking retarded it's scary. No wonder A J, Glenn Beck and the whole Conservative Entertainment Complex "CEC" are fighting over you dipshits.

They can feed you guys mountains and mountains of steaming heaps of bullshit years after year. There's no amount of facts or provable science that'll get between you and your bullshit.

I can see the fun in the sharing/reading some sensationalist, over the top bullshit "sometimes based on real events" on a conspiracy forum.

It gets a bit alarming when you realize there are so many dumb fucks really believing this shit and absolutely nothing will change their mind.

Just had to get that off my chest, now can we get another round of your finest, steaming hot bullshit, ty.
 Quoting: Anonymous Coward 26514621


Another CNN/MSNBC/NBC/ABC tool at work I see. Glad you feel better now. Oh - while you're at it take your heaping piles of raceist-loving and capitalist-hating crap with you.

That is all :p

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