DEVALUATION of the DOLLAR ~ A Tremendous Secret | |
DaJavoo (OP) User ID: 726630 United Arab Emirates 07/16/2009 11:55 AM Report Abusive Post Report Copyright Violation | |
420BeaverMullet User ID: 705695 Canada 07/16/2009 12:03 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 423287 Spain 07/16/2009 12:05 PM Report Abusive Post Report Copyright Violation | [link to www.dollarcollapse.com] Quoting: DaJavooby John Rubino Last week FOFOA posted a long article on the coming devaluation of the dollar and how it might play out. He thinks it will be sprung on us without warning - sooner rather than later: Mid August. Or some miracle happening (First Contact, Unhiding the hidden technology... (I would not wait for it by the way...)) |
Me114 User ID: 596184 United States 07/16/2009 12:09 PM Report Abusive Post Report Copyright Violation | read it all good werk :rolleyes: :ura: Sweet Thoughts! I Unknown Depths of Love, You. What Happens Next Loves me. Help me Jesus, Life will let me know. Living is Effortless Normal God Inside, Outside, Everywhere, Forever! Executive Order 13603 means slavery in the usa Thread: The End of All Things Is Upon Us - An Urgent Message from Father God Thread: Nothing is Something and Non-Existence must Exist Thread: Not Knowing is Essential to Eternal Life! Thread: Let's talk about the Evil-Mind-Beings (EMB) Thread: ALERT! Father God says, now, " I will go down now, and see whether they have done altogether according to the cry of it" Thread: WE CAN DEFEAT THE ANTICHRIST !!! |
Anonymous Coward User ID: 347151 United States 07/16/2009 12:10 PM Report Abusive Post Report Copyright Violation | "Some US embassies worldwide are being advised to purchase massive amounts of local currencies; enough to last them a year. Some embassies are being sent enormous amounts of US cash to purchase currencies from those govts, quietly. But not £'s. Inside the State Dept there is a sense of sadness & foreboding that 'something' is about to happen, unknown re a date - just that within 180 days, but could be 120-150 days." Quoting: DaJavooBob quotes another source that "Panasonic has told their people to be back in Japan by Sept 09." .....a major depopulation event is in the works, it's the only solution for the situation that TPTB have engineered. All pre-planned, by design, and on track. It'll make 9/11 look like a training exercise!!! |
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Savannah Banana..... User ID: 469493 United Arab Emirates 07/16/2009 12:19 PM Report Abusive Post Report Copyright Violation | Daj......I thought you did not like gold and silver. I have been buying a little every chance I get. Inflation and the devaluation of the dollar is coming soon. It will hurt me bad, but I hope to make up some of it with gold and silver. It can never hurt to protect yourself, at least a little. . |
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DaJavoo (OP) User ID: 726630 United Arab Emirates 07/16/2009 12:23 PM Report Abusive Post Report Copyright Violation | |
DaJavoo (OP) User ID: 726630 United Arab Emirates 07/16/2009 12:25 PM Report Abusive Post Report Copyright Violation | Daj......I thought you did not like gold and silver. Quoting: Savannah Banana..... 469493I have been buying a little every chance I get. Inflation and the devaluation of the dollar is coming soon. It will hurt me bad, but I hope to make up some of it with gold and silver. It can never hurt to protect yourself, at least a little. . Oh, I like them ~ I just do not have the money at hand to buy great quantities. There are other things that money will buy that may not be available at any price should a devaluation occur. I think it wise to cover all bases and not be left holding the bag with a large bank balance when they call for the holiday. :DJrebelli: |
Anonymous Coward User ID: 653234 United States 07/16/2009 12:26 PM Report Abusive Post Report Copyright Violation | Even in FDRs day, almost 70% of American gold remained in the "herd". Quoting: Anonymous Coward 653234[link to www.gold-eagle.com] Now was there widespread illegal hoarding of gold? Milton Friedman and Anna Schwartz in their book, "A Monetary History of the United States, 1867-1960" give statistics which suggest that 13.9 million ounces of gold were still in circulation in January 1934 and that only about 21.9% of the gold in circulation had been handed in. Quoting: The trouble with that statement is that it does not seem to take this 5-ounce exemption clause into account. Although we do not believe that 90 million people actually held about 5 ounces each, it would only take each adult in America to legally hold 0.15oz of gold to account for this "missing" 13.9 million ounces. Indeed, even if an attempt was made to take this 5oz exemption into account, I would consider it nigh impossible to differentiate legally held coin from illegally held coin. How much of these 13.9 million ounces was legally held? Of course, we cannot say definitely, but it seems clear to me that even during the Great Depression, holding five ounces of gold was not an onerous task for many. How much was the average wage in America in 1933? I found a few answers by searching the Internet, but they averaged out at about $1400 per annum. That means that $100 was less than a month's wage and although the savings rate in 1933 was one of the lowest in recent American history, we suspect many households held more than $100 in savings. Indeed, it would only take 2.8 million adults or 3% of the adult population to hold 5oz and account for the entire 13.9 million ounces of gold. When we also consider how many probably redistributed their excess gold coins to wives, sons, daughters, parents and so on to avoid confiscation, I think we can safely conclude that illegal hoarding was not a major activity. |
Prof_Rabbit User ID: 148352 Australia 07/16/2009 12:29 PM Report Abusive Post Report Copyright Violation | SO. WHAT. DO. WE. DO.????????? Quoting: DaJavooSimple. If you have plenty of money get your hands on gold and silver. If you do not have a lot of money, get a hold of tangibles you will need, e.g., food, tools, etc. You might remember in 2007 I said to buy silver and copper. Silver coins were not difficult to get and copper can be had by the roll. "Anger is a wind that blows out the lamp of your mind" |
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Anonymous Coward User ID: 727064 United States 07/16/2009 12:33 PM Report Abusive Post Report Copyright Violation | I feel for the guy posting who had to trade in his suits for the wear house job. If he rented an apartment, I am wondering why he would trade for a lawn mower living there with no yard to mow. maybe he is planning on mowing lawns for income. I went through a slightly similar experience in the 1990's...my economic depression years. That was an excellent article. Quoting: 420BeaverMullet |
DaJavoo (OP) User ID: 726630 United Arab Emirates 07/16/2009 12:33 PM Report Abusive Post Report Copyright Violation | SO. WHAT. DO. WE. DO.????????? Quoting: Prof_RabbitSimple. If you have plenty of money get your hands on gold and silver. If you do not have a lot of money, get a hold of tangibles you will need, e.g., food, tools, etc. You might remember in 2007 I said to buy silver and copper. Silver coins were not difficult to get and copper can be had by the roll. Silver is affordable and will be much better for a black market economy. :DJrebelli: |
DaJavoo (OP) User ID: 726630 United Arab Emirates 07/16/2009 12:36 PM Report Abusive Post Report Copyright Violation | OK, am I getting this right - buy gold? Maybe also silver? and maybe euros (as a hedge)? Quoting: Anonymous Coward 576938What about debt? Hold it I assume versus pay it off? What about assets - buy land? or wait it out? Precious metals are what currency is BASED on (and should be, and will be after the 'reset.') Funny how debt never seems to go away ~ and if there's a revaluation, I bet TPTB will find a way that the banks will still get the ORIGINAL value of balances of loans ~ they always win. Each of us must choose priorities. :DJrebelli: |
DaJavoo (OP) User ID: 726630 United Arab Emirates 07/16/2009 12:38 PM Report Abusive Post Report Copyright Violation | SO. WHAT. DO. WE. DO.????????? Quoting: Anonymous Coward 725380Simple. If you have plenty of money get your hands on gold and silver. If you do not have a lot of money, get a hold of tangibles you will need, e.g., food, tools, etc. Thank you :DJrebelli: |
Anonymous Coward User ID: 727069 United Kingdom 07/16/2009 12:42 PM Report Abusive Post Report Copyright Violation | [link to i214.photobucket.com] |
Anonymous Coward User ID: 727070 Netherlands 07/16/2009 12:42 PM Report Abusive Post Report Copyright Violation | SO. WHAT. DO. WE. DO.????????? Quoting: DaJavooSimple. If you have plenty of money get your hands on gold and silver. If you do not have a lot of money, get a hold of tangibles you will need, e.g., food, tools, etc. The gold silver part is: BULL SHIT!!!!!! You wanna know why its BULL SHIT? Ask yourself - if gold and silver are going to worth so much in the near future why in the hell would you sell it??? We are in and will continue to be a deflationary cycle for 5 to 10 years. Marc Faber said that and he's quite the Doomster. Because its a scam and for the next 10 years gold price will do nothing but stagnate or go down, all the while remain connected to the dollar. The dollar isn't going anywhere but up for awhile. TPTB have been controlling this for years and China, Russia, Japan, and the rest of the group's currency is tied to the dollar. China may be pissed but they're bluffing. Their currency is directly tied to the success of the dollar. The gold / silver manipulators have been at this for years. I'm NOT for the way things are currently handled but if I were you I'd hang on to some CASH because that what will be accepted for say your rent or mortgage, food, and things you need. If the dollar collapses it'll first be devalued to say %50 but this is YEARS away. If there is Super or Hyper Inflation it won't be for a long time. Gold mean while is going to go to $500 to $600 per once or lower. Silver will do the same. |
Anonymous Coward User ID: 575894 Germany 07/16/2009 12:49 PM Report Abusive Post Report Copyright Violation | I'm not really an elliot wave fan but you may want to read this: [link to www.elliottwave.com] [link to www.elliottwave.com] |
Anonymous Coward User ID: 727069 United Kingdom 07/16/2009 12:51 PM Report Abusive Post Report Copyright Violation | OK, am I getting this right - buy gold? Maybe also silver? and maybe euros (as a hedge)? Quoting: Anonymous Coward 576938What about debt? Hold it I assume versus pay it off? What about assets - buy land? or wait it out? i'd avoid other currencies like that. they'll go down when we do And maybe I'm just looking at all the facts with closed eyes but I think Government Sachs and the Fed reserve will be able to prop up the dollar from complete and utter failure for as long as the Chinese want to prop up their part of it. Not saying the Chinese dont want to be the world super power but I think they see it'll be better for them to just to wait until we tear ourselves down...i see us hanging on for a couple of more years maybe up to 5 but after that it doesnt look pretty |
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Avian User ID: 684156 United States 07/16/2009 01:08 PM Report Abusive Post Report Copyright Violation | hey daj...more connect the dots thanks for the article "When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it." - Frédéric Bastiat food, water, ammo, weapons, battery back up solar, hand well pump, wood stove and 1 year of food...oh yeah PM's too...good luck |
DaJavoo (OP) User ID: 726630 United Arab Emirates 07/16/2009 01:12 PM Report Abusive Post Report Copyright Violation | SO. WHAT. DO. WE. DO.????????? Quoting: Anonymous Coward 727070Simple. If you have plenty of money get your hands on gold and silver. If you do not have a lot of money, get a hold of tangibles you will need, e.g., food, tools, etc. The gold silver part is: BULL SHIT!!!!!! You wanna know why its BULL SHIT? Ask yourself - if gold and silver are going to worth so much in the near future why in the hell would you sell it??? We are in and will continue to be a deflationary cycle for 5 to 10 years. Marc Faber said that and he's quite the Doomster. Because its a scam and for the next 10 years gold price will do nothing but stagnate or go down, all the while remain connected to the dollar. The dollar isn't going anywhere but up for awhile. TPTB have been controlling this for years and China, Russia, Japan, and the rest of the group's currency is tied to the dollar. China may be pissed but they're bluffing. Their currency is directly tied to the success of the dollar. The gold / silver manipulators have been at this for years. I'm NOT for the way things are currently handled but if I were you I'd hang on to some CASH because that what will be accepted for say your rent or mortgage, food, and things you need. If the dollar collapses it'll first be devalued to say %50 but this is YEARS away. If there is Super or Hyper Inflation it won't be for a long time. Gold mean while is going to go to $500 to $600 per once or lower. Silver will do the same. I disagree. There is INTRINSIC value in many things, our labor, tools, land, et.al. ~ precious metals, due to their scarcity as well as application in manufacturing have always held their VALUE. Oh, yes ~ the 'market' is rigged and those trading in pms are doing so to take a 'profit.' The point of this article is that with a DEVALUATION that only those left holding something of intrinsic value keep from losing all their marbles. :DJrebelli: |
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