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| 03:24 PM | ||
| Users Online Now: 2,409 (Who's On?) | Visitors Today: 1,325,515 | |
| Pageviews Today: 1,896,344 | Threads Today: 520 | Posts Today: 10,073 |
| 03:24 PM | ||
BRICS is dumping the Euro! Doom on! | |
MuzzleBreak  User ID: 37216625  United States04/01/2013 04:52 PM Report Abusive Post Report Copyright Violation | All that printing of dollars, and missing trillions from the Pentagon--maybe the Dollar is just gonna replace the Euro. In his book, "Between Two Ages," Brzezinski wrote: "The technetronic era involves the gradual appearance of a more controlled society. Such a society would be dominated by an elite, unrestrained by traditional values." MuzzleBreak |
| insertfunnyusername User ID: 36542915  Greece04/01/2013 04:58 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 23956419  United Kingdom04/01/2013 05:03 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 2527214 United States04/01/2013 05:05 PM Report Abusive Post Report Copyright Violation | The euro is absurdly priced to the dollar at $.128-$1.30. Should be at par or $.80 where is was a few years back. The same financial powers control the euro, the dollar & the pound. We've all heard 'planned financial collapse,' but then why are TPTB doing everything they can to save the system? Probably because they know the system cannot be propped up and are trading worthless fiat currencies for hard assets. Nevertheless, these BRIICS are far too under-developed in financial institutions and other financial markets for any reasonable consideration as viable alternatives. As another had mentioned, Special Drawing Rights based on a weighted average of relative GDPs and commodity prices is a more realistic approach. The post WWII dollar hegemony needs a new paradigm, the resistance being the US military industrial complex and the World Bank. |
| Hard Eight User ID: 35278639 United States04/01/2013 05:10 PM Report Abusive Post Report Copyright Violation | If the dollar becomes worthless,how are the corporate lobbyests going to pay off and bribe the politicians? Quoting: Anonymous Coward 17969123 Guns & ammo? Food & liquor? Wine & women? Non-FEMA housing? Texas has yet to learn submission to any oppression, come from what source it may. Sam Houston "The beauty of the Second Amendment is that it will not be needed until they try to take it." Thomas Jefferson If you don't read the newspaper you are uninformed, if you do read the newspaper you are misinformed. -- Mark Twain Giving money and power to government is like giving whiskey and keys to teenage boys. -- P.J. O'Rourke, Civil Libertarian |
| Anonymous Coward User ID: 37268115 United States04/01/2013 05:25 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 37266661 United States04/01/2013 05:32 PM Report Abusive Post Report Copyright Violation | Listen to Jim Willie. [link to www.tfmetalsreport.com] |
| Anonymous Coward User ID: 26746472  Sweden04/01/2013 05:49 PM Report Abusive Post Report Copyright Violation | It's quite easy. When the SHTF, the dollar goes to the moon, because everyone will be struggling to get dollars to liquidate. Eventually, the card house falls down, and it will take the dollar with it, but until then... The rumours of the death of the dollar is exagerated. Still one of the best currencies around. |
| Anonymous Coward User ID: 18619489 United States04/01/2013 05:49 PM Report Abusive Post Report Copyright Violation | [link to rt.com] Quoting: Anonymous Coward 37243858 Put a fork in them, their done! This adds up with moves in Korea. Their is a major shift in the power structure. The US is not the power it was back then. And the other powers know it. Exploitation at its finest. Hunker down, it's going to be a long ride. Euro goes down first, then 2 weeks later the dollar is dead!! Thanks Lyndsey Williams.  |
| The Right Policy User ID: 31219881 United States04/01/2013 06:16 PM Report Abusive Post Report Copyright Violation | [link to rt.com] Quoting: Anonymous Coward 37243858 Put a fork in them, their done! This adds up with moves in Korea. Their is a major shift in the power structure. The US is not the power it was back then. And the other powers know it. Exploitation at its finest. Hunker down, it's going to be a long ride. September 28, 2015 is when it all falls down. Even 0bama's AP and other state controlled media won't be able to lie and obscure out of that one. Buy Gold. The Right Policy is Always Conservative "The danger to America is not Barack Obama, but a citizenry capable of entrusting a man like him with the Presidency. It will be far easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president. The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails America . Blaming the prince of fools should not blind anyone to the vast confederacy of fools that made him their prince. The Republic can survive a Barack Obama, who is, after all, merely a fool. It is less likely to survive a multitude of fools, such as those who made him their President." - Vaclav Klaus |
| MaxMad User ID: 13864401 United States04/01/2013 06:17 PM Report Abusive Post Report Copyright Violation | [link to rt.com] Quoting: Anonymous Coward 37243858 Put a fork in them, their done! This adds up with moves in Korea. Their is a major shift in the power structure. The US is not the power it was back then. And the other powers know it. Exploitation at its finest. Hunker down, it's going to be a long ride. Euro goes down first, then 2 weeks later the dollar is dead!! Thanks Lyndsey Williams. that name just got you banned! |
| Anonymous Coward User ID: 26716358 United States04/01/2013 06:19 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 30075865 United States04/01/2013 06:32 PM Report Abusive Post Report Copyright Violation | It is a hard argument to make that the US dollar would be "dead in 2 weeks" if the Euro fails. The European Nations would be looking for a new currency to depend upon until they get a new national one established, and the dollar is the natural remedy for that case. Quoting: Anonymous Coward 24028110 On the one hand, it is obvious that the US as a whole would be affected if the Euro died, because the EU is the biggest importer of US goods, so our already declining manufacturing base would suffer, and unemployment could go up while Europe flounders in currency issues. But, as stated above, these nations would need some sort of medium of exchange, and there are lots of dollars floating around and widely accepted. Still, the Chinese Yuan could fill the void as well. And if it did, and now OPEC is sending more oil to Yuan-based countries (I know, unlikely, but still, work with me here), then the dollar could be dropped as the "petrol dollar" and then we would be screwed. Of course, the dollar is supported by the full might of the US military. So again, unlikely. If the Saudi's drop the U.S. dollar as the petro dollar (which was agreed upon under Nixon in exchange for U.S. military protection) then the U.S. is indeed screwed! The Chinese are very close to announcing to the world that their Yuan is fully backed by "GOLD"! Once that happens the U.S. is indeed screwed! So many factors and scenario's are in play globally that it is anybody's guess at this point which way things will go. War is on the horizon as it is well known that the west chooses this option when the economy goes south and the U.S economy is so far south that it's almost an impossibility that war won't erupt! |
| Cebeij User ID: 34591947 United States04/01/2013 07:53 PM  Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 37275352  India04/01/2013 08:14 PM Report Abusive Post Report Copyright Violation | [link to rt.com] Quoting: Anonymous Coward 37243858 Put a fork in them, their done! This adds up with moves in Korea. Their is a major shift in the power structure. The US is not the power it was back then. And the other powers know it. Exploitation at its finest. Hunker down, it's going to be a long ride. Exploitation? Who? By who? On whom??? |
| Anonymous Coward User ID: 8397139 United States04/01/2013 08:32 PM Report Abusive Post Report Copyright Violation | It is a hard argument to make that the US dollar would be "dead in 2 weeks" if the Euro fails. The European Nations would be looking for a new currency to depend upon until they get a new national one established, and the dollar is the natural remedy for that case. Quoting: Anonymous Coward 24028110 On the one hand, it is obvious that the US as a whole would be affected if the Euro died, because the EU is the biggest importer of US goods, so our already declining manufacturing base would suffer, and unemployment could go up while Europe flounders in currency issues. But, as stated above, these nations would need some sort of medium of exchange, and there are lots of dollars floating around and widely accepted. Still, the Chinese Yuan could fill the void as well. And if it did, and now OPEC is sending more oil to Yuan-based countries (I know, unlikely, but still, work with me here), then the dollar could be dropped as the "petrol dollar" and then we would be screwed. Of course, the dollar is supported by the full might of the US military. So again, unlikely. Agreed. I followed your thoughts to the letter, and just before I read it I thought "but, our military...."  Could get rough out there though. Gonna be a tricky year and a half, by my estimate. Hell it could be much sooner than that. |
| Saddletramp User ID: 726900  Puerto Rico04/01/2013 08:36 PM Report Abusive Post Report Copyright Violation | It is a hard argument to make that the US dollar would be "dead in 2 weeks" if the Euro fails. The European Nations would be looking for a new currency to depend upon until they get a new national one established, and the dollar is the natural remedy for that case. Quoting: Anonymous Coward 24028110 On the one hand, it is obvious that the US as a whole would be affected if the Euro died, because the EU is the biggest importer of US goods, so our already declining manufacturing base would suffer, and unemployment could go up while Europe flounders in currency issues. But, as stated above, these nations would need some sort of medium of exchange, and there are lots of dollars floating around and widely accepted. Still, the Chinese Yuan could fill the void as well. And if it did, and now OPEC is sending more oil to Yuan-based countries (I know, unlikely, but still, work with me here), then the dollar could be dropped as the "petrol dollar" and then we would be screwed. Of course, the dollar is supported by the full might of the US military. So again, unlikely. If the Euro blows up, you'll have a derivative nightmare scenario... Our biggest banks are heavily invested in Europe via the CDO and CDS markets... If the Euro tanks and European Banks and Sovereigns begin to default, the derivative flotsam & jetsam will begin to wash up on our shores 3 to 6 weeks later... "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..." "We don't rent pigs!" |
| The World's Biggest Lie User ID: 37213015 United States04/01/2013 08:39 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 8397139 United States04/01/2013 08:41 PM Report Abusive Post Report Copyright Violation | How can you recommend to buy gold when they control that as well? Gold is just a material after all. Does it give you shelter? Can you eat it when your hungry? Does it provide energy? Quoting: Cebeij That's pretty much my line of thinking too. It's why I keep some cash on hand instead of PMs. I don't think I'll be able to waltz to the local "Mad Max" style trade/barter/flea market with my shiny gold and silver eagles and walk out with twenty chickens, 200 pounds of rice and beans, and a couple thousand rounds of rifle ammo after TSHTF. There's just that thin margin of time between "phat dollar days" and "it don't fuckin matter, it's all fucked days" when my dollars will be handy. Once those days are up, all the paper, gold, and silver won't be worth shit, right? It really boils down to the fact that I'm too poor to be long into PMs anyway, so I'm not too fucking worried about it. I just keep some extra cash out, and of course some extra food and water. |
| Anonymous Coward User ID: 20005066  Australia04/01/2013 08:53 PM Report Abusive Post Report Copyright Violation | [link to rt.com] Quoting: Anonymous Coward 37243858 Put a fork in them, their done! This adds up with moves in Korea. Their is a major shift in the power structure. The US is not the power it was back then. And the other powers know it. Exploitation at its finest. Hunker down, it's going to be a long ride. No doubt the Russians pushed for this after the Cyprus debacle. |
| Anonymous Coward User ID: 36943819 United States04/01/2013 08:55 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward The Chinese are very close to announcing to the world that their Yuan is fully backed by "GOLD"! Once that happens the U.S. is indeed screwed! .... Does not matter which country says their currency will be backed by gold. No one will believe it. 1. There are no audits of gold in vaults, 2. There is too much talk of fake gold bars, 2. There is no ability to cash in your bills at bank for gold. |
| Anonymous Coward User ID: 25346234  France04/01/2013 08:56 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1248139 United States04/01/2013 09:00 PM Report Abusive Post Report Copyright Violation | It is a hard argument to make that the US dollar would be "dead in 2 weeks" if the Euro fails. The European Nations would be looking for a new currency to depend upon until they get a new national one established, and the dollar is the natural remedy for that case. Quoting: Anonymous Coward 24028110 On the one hand, it is obvious that the US as a whole would be affected if the Euro died, because the EU is the biggest importer of US goods, so our already declining manufacturing base would suffer, and unemployment could go up while Europe flounders in currency issues. But, as stated above, these nations would need some sort of medium of exchange, and there are lots of dollars floating around and widely accepted. Still, the Chinese Yuan could fill the void as well. And if it did, and now OPEC is sending more oil to Yuan-based countries (I know, unlikely, but still, work with me here), then the dollar could be dropped as the "petrol dollar" and then we would be screwed. Of course, the dollar is supported by the full might of the US military. So again, unlikely. Yes but my take is that the world is seeing the US less and less as a safe haven, and taking more akin to BRIC Nations. When the confidence in the US military is undermined, that is when the world will flee the dollar. itisnot the USA. There is no USA. There is only the House of Rothschild (alias the Federal Reserve Bank) How the House of Rothschild Destroyed the WORLD: [link to 911wasahoax.blogspot.com] And: Ron Parsley: [link to www.youtube.com] |
| Anonymous Coward User ID: 8397139 United States04/01/2013 09:00 PM Report Abusive Post Report Copyright Violation | The Euro is worthless. It is inflated by stealing money from depositors accounts in Cyprus. When they try it in Italy and Spain next that will be the end of the Euro. Quoting: Anonymous Coward 25346234 The Spanish and Italians are not going to stand still while their deposits are looted. Frankly, I'm surprised you guys haven't stampeded the Euro. "Little old Cyprus" or not, I'd have the majority of my Euros in hand / in commodities regardless of where in Europe I lived. "Sacre bleu! Get zee monies from zee bank!" |
| Em18966 User ID: 18966583 United States04/01/2013 09:10 PM Report Abusive Post Report Copyright Violation | |
| Unixlike User ID: 23556561 United States04/01/2013 09:22 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 36874452 United States04/01/2013 09:27 PM Report Abusive Post Report Copyright Violation | Buy gold and silver and get your money out of the system. If you took all the gold ever mined since civilization began it would only fill up 1 olympic size swimming pool. Now thats a rare and valuable resource. Buy it and stash it away, even if its a bracelet or necklace. When shit hits the fan you can trade it for food, medicine, shelter. It and silver are the only true forms of currency on earth. I don't know what is going to happen when everything collapses, but buying ammo might be a good idea also. It can be a valuable trading resource as well as protection. Even if things don't sink in the next few years, you can't go wrong with gold. The price seems to always be going up. As a prepper I am prepared for this as I can be. The only uncertainty is how others will react and how I will keep a low profile and defend what I built here. I hope this event does not come anytime soon, but if it does you only have yourself to blame for not being prepared. |
| recollector User ID: 26964049 United Kingdom04/01/2013 09:30 PM Report Abusive Post Report Copyright Violation | I don't see how China could have enough gold to fully back their currency. According to an annual gold survey there is 170,000 tons of gold in the world. That's roughly 6 trillion dollars if I just did the math right in my head. How much of that gold does China have? How much remnimbi exist? Quoting: Unixlike It doesn't matter, really. Because, you see, the U.S. have ZERO, NADA, ZILCH gold. |
| |DEAD|SERIOUS User ID: 37279756 United States04/01/2013 09:31 PM Report Abusive Post Report Copyright Violation | that is why we still need a draft I'm so infinitly baked, eternally baked, blasted, twisted, ripped stoned, blazed toasted... --- G-d leo sero-gabamutonnic --- Ltr00tCybr-sn.corjn a^est NyklJn|Ai-Clfnctnalf.k^lite/eon Crtn.F-tnc-rl8n|prgr2¡n2gr8|SnjnLyt4ce..Fier:aer^o a.i. iu.KriBtrCilDeqKa'os_stmc rls;nmi pt:cls:ndr-4m.c"rls.r-_t fctn_sgnl;l^f4c-drctn ael0:eros cor:3 ny'lytlyr;gr1d_^lyf4cos n!xt.gn --- Šhättêrëd mæjïîñ šõlär lïtë ghøšt þ|ë× gãtë cørê šëäl Š0l33t Plè×ûs R.Ë.M. Šeñ Jïn-Kæze Røøt xPî³ Pïnk Jïñ Cõñtînüãl Ëtënïty --- Who poopsharted? Haw who who haw who who haw OHH Shit dawg, who poopfarted? The1the1: Asndd Chibi Shrtstp Decln Blst The1the1: Inward soul pull antichrist matrix blusterbulldogfart The1the1: Just straight up is Opra The1the1: Is stewing in green fart The1the1: Opra doing gymnastics pro blasting off Compilation of fart sounds: ok here it is here it is. Who poop started fole Ak12 I'm resting right now. Your fired. Sharted. Dawg. Awmygod fole. Perfect. Lol/haha. Oop whoop, alo. Oops, i gotta pee... ahh. Budombatutu Ima blast off... Wait. --- For every light the plexi leave the heart and travel to the lower creation space. The light triangulates and rises to a mathematicaly calculated variation of "extreme numerical geometry." The below space of a star is comprised of a small or large expansion variable, the instantanious variable creates an equated equasion above, this known as dark energy and dark matter, fusion and fission; the infinite light of solus, is the ante-spark of nothing that replaces love and recreates aearth. Jn auroral ki vanishes and replaces above with aerodynamic all. Serotonin fills receptors for pore release and above shatters, losing pausality, more continues. Auroral energy lights half of matterable atmos, and saiyans are back on aearth. Wheres the truth, wheres the answer? |
| Anonymous Coward User ID: 8397139 United States04/01/2013 09:33 PM Report Abusive Post Report Copyright Violation | Buy gold and silver and get your money out of the system. If you took all the gold ever mined since civilization began it would only fill up 1 olympic size swimming pool. Now thats a rare and valuable resource. Buy it and stash it away, even if its a bracelet or necklace. When shit hits the fan you can trade it for food, medicine, shelter. It and silver are the only true forms of currency on earth. I don't know what is going to happen when everything collapses, but buying ammo might be a good idea also. It can be a valuable trading resource as well as protection. Even if things don't sink in the next few years, you can't go wrong with gold. The price seems to always be going up. As a prepper I am prepared for this as I can be. The only uncertainty is how others will react and how I will keep a low profile and defend what I built here. I hope this event does not come anytime soon, but if it does you only have yourself to blame for not being prepared. Quoting: Anonymous Coward 36874452 I like the gold necklace idea. Someone told me a trick where if you needed to you could use wire cutters to snip a portion off and go trade that, just a bit at a time. But as for me I'm too poor for a lot of gold and silver (any PMs really). |
