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Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan or Rubles

 
Anonymous Coward
User ID: 57877586
06/26/2014 04:48 PM
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Re: Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan or Rubles
The euro, the dollar, the pound all fiat, all fucked.

Its getting near to the end of the game, the corruption is so huge but so clear, they dont even try to hide it any more, the sheep are just too dumb to figure it out.

The dollar's going down fast, it started slow but its accelerating, so many non dollar agreement being signed, the US is flat out clowning itself due to its inabilty to make a logical foreign policy decision. Isis are out of control and the situation is ripe for Putin to show the way forward, russian boots in iraq? Maybe and if i does happen american hegemony is toast.

Not sure how its gonna play out though... Gold backed currancies or debt jubilee? or of course war...

The dollar has got 5 years as reserve currency left tops, you folks really dont wanna be holding bundles of toilet paper when they all come flooding back.
 Quoting: Davos


what happened to British pounds when US dollar replaced it as global reserve currency? Pound never depreciated much right?
bs meter
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06/26/2014 04:57 PM
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Re: Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan or Rubles
bsmeter

Few of you idiots know anything about finance. Saddletramp knows a little but thinks he knows a lot.

Saddlebags, go read a book. The USD is on a long slow motion crash. On the other hand, the euro is on a full head-on collision and about to go to 1.20 perhaps even parity with the dollar as the peripheral bond yields go to the moon.
Anonymous Coward
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06/26/2014 05:24 PM
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Re: Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan or Rubles
I think the crunch point happening a few months ago, it certainly felt like it to me, since then we've had:

Hft scandal
'Discovery' of gold manipulation
The end of big bank involvement in the silver fix
Fed buying 200bn of tresuries through belgium
The banker suicides
Many many non dollar deals

japan is about to pop, world trade falling, the truth about china's shady practices with shadow banking, commodity rehypothication etc its happening now

Monster bubbles everywhere, the stock market, housing markets all over the world, the system is completely screwed and it cant be saved.
 Quoting: Davos


Yah, you take a removed perspective and an unbiased look at those events and you really have to wonder. Too much debt for individuals (running 95% total debt to average annual income), corporations (buying back stock from 0.8% interest loans from wall street banks) and governments, like Greece selling 10 year treasury bonds for less than 5% interest.

I mean it's completely laughable but people who don't know will be bewildered by all this stuff when the final pin pops and the house of cards comes down.

Good luck to everyone in this thread, I hope it don't happen but things don't look good.

.
Saddletramp (OP)
We Don't Rent Pigs...

User ID: 736749
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06/26/2014 06:32 PM

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Re: Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan or Rubles
bsmeter

Few of you idiots know anything about finance. Saddletramp knows a little but thinks he knows a lot.

Saddlebags, go read a book. The USD is on a long slow motion crash. On the other hand, the euro is on a full head-on collision and about to go to 1.20 perhaps even parity with the dollar as the peripheral bond yields go to the moon.
 Quoting: bs meter 51564216


When you can carry my jock I'll let you know...

Read and learn...

Thread: The Grand Finale Pt. III: Janet Does Davos

I say the European Crisis will strike before the dollar goes buh bye, Europe will probably fully crater right after Japan...

Fiat is fiat is fiat...it's all going away. Why? Because it was never meant to be a perpetual motion machine. Anything that depends on a constant rate of inflation to survive will eventually reverse and die in a declining cycle. And we are in the midst of the consumer, commercial, and sovereign debt cycle decline. Perhaps even the overarching decline of the all cycles.

Last Edited by Saddletramp on 06/26/2014 06:38 PM
"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..."
Saddletramp (OP)
We Don't Rent Pigs...

User ID: 736749
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06/26/2014 09:17 PM

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Re: Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan or Rubles
Five years...my ass. A tipping point is very near.

Don't believe me, go buy some meat at the grocery store...
"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..."
Anonymous Coward
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Panama
06/26/2014 09:22 PM
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Re: Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan or Rubles
The Forex market sees 5.3 Trillion traded daily on the planet. The US Dollar is used in 85% of the 5.3 Trillion traded daily. Fuck Gazprom, fuck Russia. The US Dollar isn't going anywhere anytime soon.
steelseries

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Canada
06/26/2014 10:12 PM

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Re: Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan or Rubles
The Forex market sees 5.3 Trillion traded daily on the planet. The US Dollar is used in 85% of the 5.3 Trillion traded daily. Fuck Gazprom, fuck Russia. The US Dollar isn't going anywhere anytime soon.
 Quoting: Anonymous Coward 59676597


disgust2
CDC - Center for Denial and Concealment

Steal their thunder - burn your own house down first
Saddletramp (OP)
We Don't Rent Pigs...

User ID: 736749
United States
06/26/2014 10:16 PM

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Re: Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan or Rubles
The Forex market sees 5.3 Trillion traded daily on the planet. The US Dollar is used in 85% of the 5.3 Trillion traded daily. Fuck Gazprom, fuck Russia. The US Dollar isn't going anywhere anytime soon.
 Quoting: Anonymous Coward 59676597


Meanwhile Velocity of Money reaches an all time low...

[link to research.stlouisfed.org]

But you keep on believing pal, if weren't for guys like you, it would already be gone...



Oh and BTW, if you look at the chart from the St. Louis Federal Reserve Bank, it says you're full of shit...go figure.

Last Edited by Saddletramp on 06/26/2014 10:21 PM
"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..."
Saddletramp (OP)
We Don't Rent Pigs...

User ID: 736749
United States
06/26/2014 10:29 PM

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Re: Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan or Rubles
The Shills are rolling up on this thread. But sorry guys, you're fucked, and I'm telling people about it...

Three piss poor quarters in a row despite almost 850 Billion in new U.S. Debt. China and Russia are nailing our coffin lid on even as we speak, Europe is on a slow roll to the cliff, Japan is on a fast roll to the cliff.

As far as the dollar goes, it's only a matter of time.

You may not like it, but people are waking up to the fact.

You fuckers are about to be out of business.

Last Edited by Saddletramp on 06/26/2014 10:30 PM
"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..."
4thhorseman

User ID: 15383548
United States
06/26/2014 10:37 PM

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Re: Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan or Rubles
The Shills are rolling up on this thread. But sorry guys, you're fucked, and I'm telling people about it...

Three piss poor quarters in a row despite almost 850 Billion in new U.S. Debt. China and Russia are nailing our coffin lid on even as we speak, Europe is on a slow roll to the cliff, Japan is on a fast roll to the cliff.

As far as the dollar goes, it's only a matter of time.

You may not like it, but people are waking up to the fact.

You fuckers are about to be out of business.
 Quoting: Saddletramp


This^^^^
"With The Power Of Truth, I, While Living have Conquered the Universe" Johann Wolfgang von Goethe

MOLON LABE
[link to www.usavsus.info]

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


4H..
Anonymous Coward
User ID: 59676597
Panama
06/27/2014 04:14 PM
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Re: Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan or Rubles
The Forex market sees 5.3 Trillion traded daily on the planet. The US Dollar is used in 85% of the 5.3 Trillion traded daily. Fuck Gazprom, fuck Russia. The US Dollar isn't going anywhere anytime soon.
 Quoting: Anonymous Coward 59676597


Meanwhile Velocity of Money reaches an all time low...

[link to research.stlouisfed.org]

But you keep on believing pal, if weren't for guys like you, it would already be gone...



Oh and BTW, if you look at the chart from the St. Louis Federal Reserve Bank, it says you're full of shit...go figure.
 Quoting: Saddletramp

Ok genius, my point remains, let the Chinese and Russians replace the USD in bi-lateral trade settlements. In no way will this have any real or substantive effect on the US dollar as the global reserve currency. US dollar isn't going anywhere.
Black Knight

User ID: 58672454
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06/27/2014 05:19 PM
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Re: Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan or Rubles
So if all of the Dollar Tards are right and the US Dollar is Almighty and will live supreme forever, why doesn't the Fed just print up millions of trillions of them and buy the entire rest of the world, send all of the resources back to the USA and order all of the military forces we just bought to attack and destroy all of those that fight the Mighty Mega Dollar? Sounds like a win-win to me, no?
It's a good thing that there is NO Truth because if there was, you couldn't handle it.

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Non nobis domine,
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tuo da gloriam.

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