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

 
ANHEDONIC

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02/16/2013 08:31 PM

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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
gas in socal..oc ..4.32...beef jerky that in september..1.99..now 2.69..etc..etc..etc..
 Quoting: Gonviral


Oh how I miss my beef jerky!

verysad

"You will not be punished for your anger, you will be punished by your anger"
Anonymous Coward
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02/16/2013 08:34 PM
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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


Nooo, when gold enters permanent backwardation as both February and April have now done.

[link to www.zerohedge.com]

It's all over but the fat lady singing.

.
 Quoting: Anonymous Coward 961432



Febuary and now April? Checking you for a fever anonomous coward!
Anonymous Coward
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02/16/2013 08:36 PM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Hats off to Spain for raising hell all the time! Here in Amerika we just bend over! We wont even talk to each other let alone raise some hell!!! Im Mad as Hell!!!! And Im not gonna take it anymore!!!!!!yoda
 Quoting: GT500


We're not bending over! You, Me, shit loads of us aren't bending!! They just make you feel like you're alone. YOU ARE NOT!!!I talk to EVERYBODY! Weather they want to hear it or not.. and many of them are coming around QUICK! NEVER RELENT!! NO QUARTER!!!
MaxMad (OP)

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02/16/2013 08:37 PM

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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
The mainstream media in the United States is almost totally ignoring one of the most important trends in global economics. This trend is going to cause the value of the U.S. dollar to fall dramatically and it is going to cause the cost of living in the United States to go way up. Right now, the U.S. dollar is the primary reserve currency of the world. Even though that status has been chipped away at in recent years, U.S. dollars still make up more than 60 percent of all foreign currency reserves in the world. Most international trade (including the buying and selling of oil) is conducted in U.S. dollars, and this gives the United States a tremendous economic advantage. Since so much trade is done in dollars, there is a constant demand for more dollars all over the globe from countries that need them for trading purposes. So the Federal Reserve is able to flood our financial system with dollars without it causing a tremendous amount of inflation because the rest of the world ends up soaking up a lot of those dollars. But now that is changing. China and Russia have been spearheading a movement to shift away from using the U.S. dollar in international trade. At the moment, the shift is happening gradually, but at some point a tipping point will come (for example if Saudi Arabia were to declare that it will no longer take U.S. dollars for oil) and the entire global financial system is going to change. When that tipping point comes the global demand for U.S. dollars is going to absolutely plummet and nightmarish inflation will come to the United States. If such a scenario sounds far out to you, then you have not been paying attention. In fact, China and Russia have been working very hard to move us toward exactly such a scenario.

China and Russia are not the "buddies" of the United States. The truth is that they are both ruthless competitors of the United States and leaders from both nations have been calling for a new global currency for years.

They don't like that the United States has a built-in advantage of having the reserve currency of the world, and over the past several years both countries have been busy making international agreements that seek to chip away at that advantage.

Just the other day, China and Germany agreed to start conducting an increasing amount of trade with each other in their own currencies.

You would think that a major currency agreement between the 2nd and 4th largest economies on the face of the planet would make headlines all over the United States.

Instead, the silence in the U.S. media was deafening.

At least there were some reports in the international media about this. The following is from a Reuters article about this very important deal....
Mwalk
Low Earth orbit

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02/16/2013 08:37 PM

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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Dont worry folks " Brian Willaims" said were good. slaphim
 Quoting: GT500


I want him and that cunt Sawyer put in front of a firing squad for treason, and many more...
Eu não me importo se isso machuca,
Eu quero ter o controle,
Eu quero um corpo perfeito,
Eu quero uma alma perfeita.
Anonymous Coward
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02/16/2013 08:37 PM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Well its been fun , great thread Max!! Im going to go throw some rocks at police cars! Take care! See you soon!
MaxMad (OP)

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02/16/2013 08:38 PM

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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
What happens someday if the rest of the world decides to reject our currency and our debt?

Right now we are able to trade our dollars for the things that we "need" such as oil from the Middle East and cheap plastic consumer products from China.

But what happens if the Federal Reserve keeps printing and printing and printing and the rest of the world eventually decides that the U.S. dollar is not even worth the paper it is printed on?

The truth is that the amount of printing the Federal Reserve has been doing and the amount of borrowing the federal government has been doing are both completely and totally unsustainable.

At this point, Moody's is threatening to cut the credit rating of the federal government if a deal is not reached soon to reduce our debt to GDP ratio.

And Moody's is not the only one concerned about our exploding debt.

German Finance Minister Wolfgang Schaeuble recently stated that he believes that "there is great uncertainty about the course American politics will take in dealing the U.S. government's debts, which are much too high".

Just because the economy is relatively stable right now does not mean that it is always going to be that way.

If we keep debasing our currency like this, at some point the rest of the world is going to decide that China and Russia have been right all along and that we need a new global reserve currency.

That day is coming. It might not come tomorrow or next week or next month but it is definitely coming.

Once the U.S. dollar loses reserve currency status, that will be a major turning point in the history of our country. We will never fully recover from that, and we will never get back to the same level of prosperity that we are enjoying today.

So enjoy spending those dollars while you can. The party is almost over.
Anonymous Coward
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02/16/2013 08:39 PM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Hats off to Spain for raising hell all the time! Here in Amerika we just bend over! We wont even talk to each other let alone raise some hell!!! Im Mad as Hell!!!! And Im not gonna take it anymore!!!!!!yoda
 Quoting: GT500


We're not bending over! You, Me, shit loads of us aren't bending!! They just make you feel like you're alone. YOU ARE NOT!!!I talk to EVERYBODY! Weather they want to hear it or not.. and many of them are coming around QUICK! NEVER RELENT!! NO QUARTER!!!
 Quoting: Anonymous Coward 13938423



I know ..... Thanx brother! We should poor gas on D.C. And set it on fire! GT500 getting banned in 3....2....1 lol
MaxMad (OP)

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02/16/2013 08:39 PM

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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Well its been fun , great thread Max!! Im going to go throw some rocks at police cars! Take care! See you soon!
 Quoting: GT500


Come on now... the last place you want to be right now is in jail...
Anonymous Coward
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02/16/2013 08:41 PM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Dont worry folks " Brian Willaims" said were good. slaphim
 Quoting: GT500


I want him and that cunt Sawyer put in front of a firing squad for treason, and many more...
 Quoting: Mwalk


Me too , Good Ol lead NWO tool Brian willaims!
Anonymous Coward
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02/16/2013 08:41 PM
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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
SilverPatriot

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02/16/2013 08:41 PM

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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Some people have been paying attention and for me the first indicator has been he ever increasing prices of food over the last year and now growing steeper. Grocery stores do tend to take a hit in some product areas to lure you in for sales items hoping you will do an all in one place shopping.

Most people do not look at gasoline prices as we have been purchasing more fuel-efficient vehicles these years and depending where you live one might blame ever-increasing tolls instead of higher gasoline prices. They never look at the big picture that is composed of many different pieces and they do not look because obama for the time being is paying their way.

Over his regime, obama has been creating a docile government dependent class who worships their free cell phones and their SNAP and other social service benefits and that obamacare is free healthcare to the point that they firmly believe that they are entitled and will be cared for and have ceased to think for themselves.

Printing money is not a solution it has been a means to allow obama his luxurious vacations and over the top parties along with giving billions to radical muslims while jobless Americans suffer living in cars and tents in obamavilles.

No one will win this.
Anonymous Coward
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02/16/2013 08:42 PM
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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?
MaxMad (OP)

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02/16/2013 08:43 PM

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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


Actually think of it like this... If they are going to print unlimited dollars anyways, they might as well print up enough to keep the paper prices of all commodities down so that it doesn't look like inflation!! LOL
MaxMad (OP)

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02/16/2013 08:43 PM

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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


FED prints to keep the price down...
Anonymous Coward
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02/16/2013 08:44 PM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Well its been fun , great thread Max!! Im going to go throw some rocks at police cars! Take care! See you soon!
 Quoting: GT500


Come on now... the last place you want to be right now is in jail...
 Quoting: MaxMad



No doubt MAX! Great thread brother! Il hang a bit!
Anonymous Coward
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02/16/2013 08:44 PM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Well its been fun , great thread Max!! Im going to go throw some rocks at police cars! Take care! See you soon!
 Quoting: GT500


I remember as a kid a friend threw some acorns at a cop car and we all ran.The cop chased us through the backyard and literally got clotheslined by a clothesline.He lived but was pissed as hell.We almost pissed ourselves laughing.Great times.bump
Anonymous Coward
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02/16/2013 08:46 PM
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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


They manipulate everything.Got it.PM's will explode when they can't control it anymore.Almost there.
Anonymous Coward
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02/16/2013 08:46 PM
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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


FED prints to keep the price down...
 Quoting: MaxMad



Yes but printing is what drove it up correct? Now its tanking? But as someone said above ? Thats the paper price wich is now back to 1600 bucks!
MaxMad (OP)

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02/16/2013 08:46 PM

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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


Actually think of it like this... If they are going to print unlimited dollars anyways, they might as well print up enough to keep the paper prices of all commodities down so that it doesn't look like inflation!! LOL
 Quoting: MaxMad


Keep in mind, I believe they are manipulating the paper prices of not just the metals, but most if not all commodities...
Anonymous Coward
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02/16/2013 08:47 PM
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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


They manipulate everything.Got it.PM's will explode when they can't control it anymore.Almost there.
 Quoting: Anonymous Coward 55721



Copy, I understand!
Anonymous Coward
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02/16/2013 08:47 PM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
The mainstream media in the United States is almost totally ignoring one of the most important trends in global economics. This trend is going to cause the value of the U.S. dollar to fall dramatically and it is going to cause the cost of living in the United States to go way up. Right now, the U.S. dollar is the primary reserve currency of the world. Even though that status has been chipped away at in recent years, U.S. dollars still make up more than 60 percent of all foreign currency reserves in the world. Most international trade (including the buying and selling of oil) is conducted in U.S. dollars, and this gives the United States a tremendous economic advantage. Since so much trade is done in dollars, there is a constant demand for more dollars all over the globe from countries that need them for trading purposes. So the Federal Reserve is able to flood our financial system with dollars without it causing a tremendous amount of inflation because the rest of the world ends up soaking up a lot of those dollars. But now that is changing. China and Russia have been spearheading a movement to shift away from using the U.S. dollar in international trade. At the moment, the shift is happening gradually, but at some point a tipping point will come (for example if Saudi Arabia were to declare that it will no longer take U.S. dollars for oil) and the entire global financial system is going to change. When that tipping point comes the global demand for U.S. dollars is going to absolutely plummet and nightmarish inflation will come to the United States. If such a scenario sounds far out to you, then you have not been paying attention. In fact, China and Russia have been working very hard to move us toward exactly such a scenario.

China and Russia are not the "buddies" of the United States. The truth is that they are both ruthless competitors of the United States and leaders from both nations have been calling for a new global currency for years.

They don't like that the United States has a built-in advantage of having the reserve currency of the world, and over the past several years both countries have been busy making international agreements that seek to chip away at that advantage.

Just the other day, China and Germany agreed to start conducting an increasing amount of trade with each other in their own currencies.

You would think that a major currency agreement between the 2nd and 4th largest economies on the face of the planet would make headlines all over the United States.

Instead, the silence in the U.S. media was deafening.

At least there were some reports in the international media about this. The following is from a Reuters article about this very important deal....
 Quoting: MaxMad


I have some new news for you. All the countries are working together in conjuction to keep this fiat currency scam going so that the top can keep going feeding off of the masses. I am convinced even this whole Iran thing is coordinated so that they may keep, not only the price of oil high by not allowing their (Irans') oils on the market, but also as a fear inducer to manipulate the the world oil markets on rumor milling.
MaxMad (OP)

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02/16/2013 08:47 PM

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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


FED prints to keep the price down...
 Quoting: MaxMad



Yes but printing is what drove it up correct? Now its tanking? But as someone said above ? Thats the paper price wich is now back to 1600 bucks!
 Quoting: GT500


You are correct the printing does cause the price to go higher BUT the FED must keep the price under control or people will lose faith in dollars... And then its all over...
Anonymous Coward
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02/16/2013 08:48 PM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
FED prints to keep the price down...
 Quoting: MaxMad


still doesn't make sense. ok say if the world has 1000 dollar and one oz gold total. now they just printed another 1000 dollar into circulation, shouldn't gold now worth 2000? gasp
Anonymous Coward
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02/16/2013 08:48 PM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Dont worry folks " Brian Willaims" said were good. slaphim
 Quoting: GT500


I want him and that cunt Sawyer put in front of a firing squad for treason, and many more...
 Quoting: Mwalk


any reason they want to take our guns ?
1rof1
Anonymous Coward
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02/16/2013 08:48 PM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Well its been fun , great thread Max!! Im going to go throw some rocks at police cars! Take care! See you soon!
 Quoting: GT500


I remember as a kid a friend threw some acorns at a cop car and we all ran.The cop chased us through the backyard and literally got clotheslined by a clothesline.He lived but was pissed as hell.We almost pissed ourselves laughing.Great times.bump
 Quoting: Anonymous Coward 55721



Nice!!! The good Ol days !!!
Anonymous Coward
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02/16/2013 08:50 PM
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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


FED prints to keep the price down...
 Quoting: MaxMad



Yes but printing is what drove it up correct? Now its tanking? But as someone said above ? Thats the paper price wich is now back to 1600 bucks!
 Quoting: GT500


You are correct the printing does cause the price to go higher BUT the FED must keep the price under control or people will lose faith in dollars... And then its all over...
 Quoting: MaxMad


that makes sense, JPM and FED working hard on this cowbonkbananasexsideways
Skepticnumberone

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02/16/2013 08:50 PM
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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
Time to fill up my car and put more in my cupboards?

Last Edited by Skepticnumberone on 02/16/2013 08:50 PM
Skepticnumberone
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02/16/2013 08:50 PM
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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


Its paper that everything is priced in. Never impliment position limits and registering of borrowed shares for shorting and walla! You have a perfect environment for fraud.
MaxMad (OP)

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02/16/2013 08:50 PM

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Re: Something is up!!! Repudiation of the dollar!!! Its started!!
FED prints to keep the price down...
 Quoting: MaxMad


still doesn't make sense. ok say if the world has 1000 dollar and one oz gold total. now they just printed another 1000 dollar into circulation, shouldn't gold now worth 2000? gasp
 Quoting: Anonymous Coward 14443159


Your thinking is pretty good, and in theory should be correct... However keep in mind gold is traded in virtually every currency. Additionally, the Fed plays games when reporting how much money they print... M1, M2 and M3 are not true readings on money being printed.

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