Home › Forums › Financial Markets/Economics › Collapse of the dollar and how to invest
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December 12, 2007 at 7:19 PM #115724December 12, 2007 at 10:41 PM #115754mixxalotParticipant
OPEC and Venezuela moving away from dollar to euro
My fear is not ill founded- with OPEC, Iran, and Venezuela supporting the euro it will cause an eventual collapse of the dollar and rise of the amero as the global elite want.
When gas is $9 a gallon then you can bet it will cause pain.
December 12, 2007 at 10:41 PM #115885mixxalotParticipantOPEC and Venezuela moving away from dollar to euro
My fear is not ill founded- with OPEC, Iran, and Venezuela supporting the euro it will cause an eventual collapse of the dollar and rise of the amero as the global elite want.
When gas is $9 a gallon then you can bet it will cause pain.
December 12, 2007 at 10:41 PM #115916mixxalotParticipantOPEC and Venezuela moving away from dollar to euro
My fear is not ill founded- with OPEC, Iran, and Venezuela supporting the euro it will cause an eventual collapse of the dollar and rise of the amero as the global elite want.
When gas is $9 a gallon then you can bet it will cause pain.
December 12, 2007 at 10:41 PM #115922mixxalotParticipantOPEC and Venezuela moving away from dollar to euro
My fear is not ill founded- with OPEC, Iran, and Venezuela supporting the euro it will cause an eventual collapse of the dollar and rise of the amero as the global elite want.
When gas is $9 a gallon then you can bet it will cause pain.
December 12, 2007 at 10:41 PM #115958mixxalotParticipantOPEC and Venezuela moving away from dollar to euro
My fear is not ill founded- with OPEC, Iran, and Venezuela supporting the euro it will cause an eventual collapse of the dollar and rise of the amero as the global elite want.
When gas is $9 a gallon then you can bet it will cause pain.
December 12, 2007 at 11:11 PM #115784NotCrankyParticipant“If you think the dollar is going to zero, save most of your money to pay for a psychiatrist.”
Do you think that was constructive Chris? Is this shift towards the positive that you want to see supposed to be on a selective basis? It looks like you just came over here to kick someone.
December 12, 2007 at 11:11 PM #115915NotCrankyParticipant“If you think the dollar is going to zero, save most of your money to pay for a psychiatrist.”
Do you think that was constructive Chris? Is this shift towards the positive that you want to see supposed to be on a selective basis? It looks like you just came over here to kick someone.
December 12, 2007 at 11:11 PM #115946NotCrankyParticipant“If you think the dollar is going to zero, save most of your money to pay for a psychiatrist.”
Do you think that was constructive Chris? Is this shift towards the positive that you want to see supposed to be on a selective basis? It looks like you just came over here to kick someone.
December 12, 2007 at 11:11 PM #115951NotCrankyParticipant“If you think the dollar is going to zero, save most of your money to pay for a psychiatrist.”
Do you think that was constructive Chris? Is this shift towards the positive that you want to see supposed to be on a selective basis? It looks like you just came over here to kick someone.
December 12, 2007 at 11:11 PM #115988NotCrankyParticipant“If you think the dollar is going to zero, save most of your money to pay for a psychiatrist.”
Do you think that was constructive Chris? Is this shift towards the positive that you want to see supposed to be on a selective basis? It looks like you just came over here to kick someone.
December 13, 2007 at 6:39 AM #1158544plexownerParticipantmixxalot – I have read that 0.60 might be where the dollar is headed over the next 2 or 3 years – current level is around 0.76 so 0.60 represents a 21% decline – all of the central banks are in a race to devalue their currencies – Google ‘competitive devaluation’ if you want to read more – I’m not sure what prize awaits the first currency to reach zero but it must be a good one – US currently expanding money supply by about 17% per year according to reconstructed M3 numbers (http://www.nowandfutures.com/key_stats.html)
tons of stuff in the archives about gold – I hold GLD, SLV and CEF in my 401K (stopped out of NG recently)
George Ure (www.urbansurvival.com) has suggested in the past that one could plan a trading strategy around the idea of competitive devaluations – understand that all central banks are in a devaluation race (ie, managing their currencies downward) and trade the commodity markets accordingly – I got a very good entry into some March 2008 call options on the corn futures market by waiting for a day when the dollar rallied and corn over-reacted on the downside
December 13, 2007 at 6:39 AM #1159854plexownerParticipantmixxalot – I have read that 0.60 might be where the dollar is headed over the next 2 or 3 years – current level is around 0.76 so 0.60 represents a 21% decline – all of the central banks are in a race to devalue their currencies – Google ‘competitive devaluation’ if you want to read more – I’m not sure what prize awaits the first currency to reach zero but it must be a good one – US currently expanding money supply by about 17% per year according to reconstructed M3 numbers (http://www.nowandfutures.com/key_stats.html)
tons of stuff in the archives about gold – I hold GLD, SLV and CEF in my 401K (stopped out of NG recently)
George Ure (www.urbansurvival.com) has suggested in the past that one could plan a trading strategy around the idea of competitive devaluations – understand that all central banks are in a devaluation race (ie, managing their currencies downward) and trade the commodity markets accordingly – I got a very good entry into some March 2008 call options on the corn futures market by waiting for a day when the dollar rallied and corn over-reacted on the downside
December 13, 2007 at 6:39 AM #1160174plexownerParticipantmixxalot – I have read that 0.60 might be where the dollar is headed over the next 2 or 3 years – current level is around 0.76 so 0.60 represents a 21% decline – all of the central banks are in a race to devalue their currencies – Google ‘competitive devaluation’ if you want to read more – I’m not sure what prize awaits the first currency to reach zero but it must be a good one – US currently expanding money supply by about 17% per year according to reconstructed M3 numbers (http://www.nowandfutures.com/key_stats.html)
tons of stuff in the archives about gold – I hold GLD, SLV and CEF in my 401K (stopped out of NG recently)
George Ure (www.urbansurvival.com) has suggested in the past that one could plan a trading strategy around the idea of competitive devaluations – understand that all central banks are in a devaluation race (ie, managing their currencies downward) and trade the commodity markets accordingly – I got a very good entry into some March 2008 call options on the corn futures market by waiting for a day when the dollar rallied and corn over-reacted on the downside
December 13, 2007 at 6:39 AM #1160214plexownerParticipantmixxalot – I have read that 0.60 might be where the dollar is headed over the next 2 or 3 years – current level is around 0.76 so 0.60 represents a 21% decline – all of the central banks are in a race to devalue their currencies – Google ‘competitive devaluation’ if you want to read more – I’m not sure what prize awaits the first currency to reach zero but it must be a good one – US currently expanding money supply by about 17% per year according to reconstructed M3 numbers (http://www.nowandfutures.com/key_stats.html)
tons of stuff in the archives about gold – I hold GLD, SLV and CEF in my 401K (stopped out of NG recently)
George Ure (www.urbansurvival.com) has suggested in the past that one could plan a trading strategy around the idea of competitive devaluations – understand that all central banks are in a devaluation race (ie, managing their currencies downward) and trade the commodity markets accordingly – I got a very good entry into some March 2008 call options on the corn futures market by waiting for a day when the dollar rallied and corn over-reacted on the downside
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