BOND CRASH Dead AHEAD...."Investors Have NO IDEA What’s ABOUT To Happen"

my personal OUTSIDE timeline...hell for all I know it's tomorrow.

YUP...

buttttttttt it is ever so sexy as it teasing you into insanity! lol

yep, he's the guy. he also said that our $16.5 trillion dollar debt must be repaid. think about that for a minute.

their keeping this mess propped up for a reason. it's all a timing game if you ask me. But they will pull the rug out in the near future.

The only thing of real value is food and shelter. Everything else is "opinion" oriented.

Me personally, I have no use for "gold"...I can't eat it...I don't know how to make anything from it. I know there are people that think it is valuable because it is scarce...and because of that I will keep some.

Gold is a sytem of standards based purely on arrogance. "I have this rare stuff and you know you want some of it".

Give me food, shelter, some over the counter medication (cold remedies, peroxide, antihistamines), booze and non-electrical hand tools and I will have all I need to trade and barter with.

We have it ingrained within us to see "gold" as the base of value...but it isn't. It was something dreamed up ages ago as a standard...a way of measuring the cost of labor.

I am n the process of reading Adam Smith's "The Wealth of Nations"...and if you have never done so...I seriously suggest you do. It will make things perfectly clear on what has real value...

Here we go again.....it is always some sort of doom around here. Unless the Govt declares all derivatives null and void in any way shape or form then the banks have the entire planet by the balls PERIOD. A few huge adjustments in the markets of the world will NOT end everything. No doom here only hype once again......

when this happen ?? wait for it till the end of world ?
"dollar crashes gold will skyrocket overnight" not gonna happen, keep dreaming

I don't know if it means a crash is imminent but it does mean that the existing fiat monetary system is irreparably broken. The basis which is the difference between the nearest future's price and spot price was always positive meaning that the nearest future's price was higher than spot. The basis was the largest just after Nixon took the dollar off the international gold redemption standard. Since then the basis has steadily declined over time, and now it is negative.

Eventually it means that mines, hoarders, governments etc will not sell or lease their gold for any price. That means the future's market for gold will be dead, gone kaput. They will probably make up some story in the headlines but the market for gold will be closed by governments. Then all gold goes into hiding, until the reset occurs.

Basically it means the dollar and all dollar derivatives, even the proposed "replacement" (new global currency) are dead in the water, the entire system of debt based irredeemable currencies are dead in the water.

The only thing keeping things going is inertia, or fumes from the past. Once the sheeple figure all this out, its over.

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All economics --all--are faith based enterprises.
You have faith in the purchasing power of your fiat
You have faith in the puchasing power of your PM

We have faith that in the future these items will have value
so we can eat,live etc.

If the USD collapses to 1 percent of its current value,the debt problem is solved with a trillion dollar gold coin.

BUT-that will piss off the VERY wealthy because the billions they made are worth nothing. They own the banks,the factories,and the politicians.

History has shown that the masses get fleeced and the super wealthy do well.
Always
The dollar may collapse but the world system will have a fallback for that in place.The fall back may be PM,oil,food,but it will be in place,and probably already is now, before the system tanks.

How do you protect yourself?Look at the scenario--Cash is scarce.MOST folks do not have anymore gold than a wedding band.

Your pension is toast,your 401k is either taken or turned worthless.

Your only hope is to be debt free,cash in hand,and PM in hand.
Food prices will skyrocket-so have food stockpiled up to lower food costs.
Energy will skyrocket so have firewood now,and a car that sips gas.If your home is yours make it an energy miser now.

Only the big shots who control the game know the ins and outs of this.Just protect yourself now the best way possible,and hang on tight.

I said before on this sight when I was a registered member,I can see a time when the majority of folks on earth are illiterate.Just controlled sheep. When gov cannot pay for schools,libraries,cops,etc we face a hard time. Our kids are in for a hell of a ride.

One sure fire way to starve in the future will be to be a loner--you will need your neighbors,and they will need you.Hopefully you have a few good ones you can count on.Hopefully you are someone that others can count on.

Idiots are in power today.

Gold is useless as it had always been.

why doesn't fed just throw those useless relic rocks back at Germany then instead of delaying it for 7 more years? doesn't make sense does it?

You are very close. While there will be a moderate crisis in late 2013, the big crash is in Oct-Nov 2014.

Them there it is downhill until 2017, with the skies not lightening from then until late 2018 or early 2019.

Don't be a fool. Gold was the backbone of the current bills of credit system used for global trade. In fact current accounting science was developed from using gold as money. Whenever you calculate the future value of any bill of credit you must assume that the standard unit of account is constant, it must be or the equations are not linear.

The dollar, the global replacement for gold since Bretton Woods, is anything but constant. Its value is constantly debased by additional debt, growth relies on exponentially increasing debt, you need new debt to roll over old debt that governments never pay off.

If accounting formulas require a constant value to calculate the future value of any bill of credit and the unit of account is dynamic tending to lesser value all the time, eventually the bills of credit system will disintegrate. Are you going to invent a new system of accounting science accepted for global trade along with your new funny money?

Don't be a fool.

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The feds are TPTB.... they live and worship on greed.

Good luck with that.

"you can actually hear sirens atop a flashing neon billboard, megawarning in huge bold type:"

"InvestmentNews added an alarming photo of an alarm clock with huge bells, wired to rolled-up bonds looking like a stack of dynamite sticks.

Well hell! You've got me convinced! Once graphics are used it must mean this is the real deal!

And apart from that, what good is Gold?. Just a useless piles of heavy metals that is great for recycling. Too slow for computers and maybe great for electric conductors?.

Megnetism and rare earth worth far more.

You brain dead? Apart from being a sound, stable money that allows people to have faith in a system they can market their labor, save for the future and have some for prosperity?

You must be brain dead.

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oh, boy.....

will the price of a pack of gum go up?

Yes, you can buy stockpile of it for future as your gold. ;)

This guy says there is nothing to worry about and you are all putin face palming big time like a bunch of economic doom tards.

[link to www.youtube.com]

So you believe in him not in us? Your religion makes us sad. :(

via Forbes from about a year ago...


3/27/2012 @ 7:51PM |117,994 views
Peter Schiff: Market-Crushing Treasury Collapse To Hit Around 2013

[link to www.forbes.com]

Peter Schiff, the divisive investor and commentator that predicted the subprime/real-estate bubble, is forecasting a U.S. dollar and bond crisis over the next couple of years. Schiff blames intervened bond markets, where rates are artificially and excessively low, and expects the coming crisis to blow the 2008-9 financial crisis out of the water.

There is little doubt that the Federal Reserve, with Chairman Ben Bernanke at the helm, is holding markets by the hand. Bernanke, himself a divisive figure, has done all he can to push interest rates lower, using quantitative easing and Operation Twist once nominal rates had hit the zero-range. While many believe ultra-loose monetary policy is dangerous, Schiff thinks it will lead to a catastrophic correction.

“The more you delay it, the bigger it will be,” Schiff tells Forbes in a phone interview Tuesday, “so we need to raise interest rates during the recession to confront the inefficiencies.” Schiff, who runs Euro Pacific Capital and is seen by many as permanently bearish, argues that government-intervened bond markets are leading to massive distortions in capital allocation that have only been exacerbated as the Fed reacted to the last couple of recessions.

--- more at the link ---

Last night there was a thread where a GLPer shared that he received information there would be a rise in interest rates.

Put your set backs upright, your tray tables up and get ready for a bumpy ride.

WHAT?? Nowhere did you mention water. TPTB know it's more important than all the things you named. You won't last one day without it (associated: Pure source, OR filters, OR solar evaporation device, etc.) THEY are buying up all the water in South America, the Great Lakes, Libya, etc.

das why I got 1000 $ in nickels. it's risk free, and if there ain't no doom, they go back tothe bank for what I paid nyoggas! furrizeal!

The ones saying that gold is worthless are the ones who don't have any, period.

History proves otherwise, despite what some GLPer says.

You seem ta have a lot of good info...Come sit by me...LOL