Dollar Dropping

[UCGal]

[quote=scaredycat]Check if anyone in your wrkplace buys gold. when it’s a topic of discussion, then the bubble is underway[/quote]

If that’s the criteria then it’s full on frothy bubble-iciousness. I work with a bunch of folks who sound amazingly like Partypup.

[smshorttimer]

[quote=Arraya][quote=scaredycat]the gold bug line is that the VPP (or TRTB), or whoever they are) generally want to keep gold down, not manipulate it up. gold bad for normal system; so, gold bugs generally believe in a conspiracy-theorist way that the VPP’s are always doing their best to suppress the price of gold by selling lots of it at opportune moments. the conspiracists might be right. the concept is that when the VPPs finally lose control, gold might explode to its true value. So, if you think the VPP are manipulating gold, i’d probably agree with ya, but they’re not at least yet manipulating it to profit from by harvesting money from the masses. that’s the stock market. the gold bubble hasn’t really got going yet. Check if anyone in your wrkplace buys gold. when it’s a topic of discussion, then the bubble is underway[/quote]

Central bankers want to keep gold down because they want people to use their digital dollars that exist only in virtual reality for the most part and can disappear as quick as they were created. In a blink of an eye. When that happens the central bankers get all the hard assets attached to the virtual money that dissappeared. It’s a helluva scam, to collect thing with intrinsic value with something that is not real. I’ll give them that.

Scientist have been looking at our monetary system for decades and new this was coming. However, just like anybody who says any of our economic dogma will not work, they get shunned and painted as whack jobs or whatever for going against the predominant ethos.

High gold makes them look bad and for good reason, they essentially run a ponzi-scheme that requires ever expanding debt with interest attached to it that more debt/money has to be created to pay off. Nobody told them that you can’t have infinite growth in a finite world, I guess

Central bankers are essentially like priests that believe in strange superstition and base their way to run the monetary system on that superstition. It’s been that way for thousands of years. Banking first developed in the temples back in ancient mesopotamia where the preists held the grain or gold or whatever they were using at the time.

Infinite debt fiat is a system that has to collapse eventually, and that time is about now.[/quote]

Arraya,

I am an admitted novice to this stuff, and am just trying to understand different POV. What’s your solution? Dump fiat for a gold standard or some standard based on a hard something or other? Not trying to be snarky, just trying to figure out if there is a decent alternative to this debt-breeding way of things you describe.

[smshorttimer]

[quote=Arraya][quote=scaredycat]the gold bug line is that the VPP (or TRTB), or whoever they are) generally want to keep gold down, not manipulate it up. gold bad for normal system; so, gold bugs generally believe in a conspiracy-theorist way that the VPP’s are always doing their best to suppress the price of gold by selling lots of it at opportune moments. the conspiracists might be right. the concept is that when the VPPs finally lose control, gold might explode to its true value. So, if you think the VPP are manipulating gold, i’d probably agree with ya, but they’re not at least yet manipulating it to profit from by harvesting money from the masses. that’s the stock market. the gold bubble hasn’t really got going yet. Check if anyone in your wrkplace buys gold. when it’s a topic of discussion, then the bubble is underway[/quote]

Central bankers want to keep gold down because they want people to use their digital dollars that exist only in virtual reality for the most part and can disappear as quick as they were created. In a blink of an eye. When that happens the central bankers get all the hard assets attached to the virtual money that dissappeared. It’s a helluva scam, to collect thing with intrinsic value with something that is not real. I’ll give them that.

Scientist have been looking at our monetary system for decades and new this was coming. However, just like anybody who says any of our economic dogma will not work, they get shunned and painted as whack jobs or whatever for going against the predominant ethos.

High gold makes them look bad and for good reason, they essentially run a ponzi-scheme that requires ever expanding debt with interest attached to it that more debt/money has to be created to pay off. Nobody told them that you can’t have infinite growth in a finite world, I guess

Central bankers are essentially like priests that believe in strange superstition and base their way to run the monetary system on that superstition. It’s been that way for thousands of years. Banking first developed in the temples back in ancient mesopotamia where the preists held the grain or gold or whatever they were using at the time.

Infinite debt fiat is a system that has to collapse eventually, and that time is about now.[/quote]

Arraya,

I am an admitted novice to this stuff, and am just trying to understand different POV. What’s your solution? Dump fiat for a gold standard or some standard based on a hard something or other? Not trying to be snarky, just trying to figure out if there is a decent alternative to this debt-breeding way of things you describe.

[smshorttimer]

[quote=Arraya][quote=scaredycat]the gold bug line is that the VPP (or TRTB), or whoever they are) generally want to keep gold down, not manipulate it up. gold bad for normal system; so, gold bugs generally believe in a conspiracy-theorist way that the VPP’s are always doing their best to suppress the price of gold by selling lots of it at opportune moments. the conspiracists might be right. the concept is that when the VPPs finally lose control, gold might explode to its true value. So, if you think the VPP are manipulating gold, i’d probably agree with ya, but they’re not at least yet manipulating it to profit from by harvesting money from the masses. that’s the stock market. the gold bubble hasn’t really got going yet. Check if anyone in your wrkplace buys gold. when it’s a topic of discussion, then the bubble is underway[/quote]

Central bankers want to keep gold down because they want people to use their digital dollars that exist only in virtual reality for the most part and can disappear as quick as they were created. In a blink of an eye. When that happens the central bankers get all the hard assets attached to the virtual money that dissappeared. It’s a helluva scam, to collect thing with intrinsic value with something that is not real. I’ll give them that.

Scientist have been looking at our monetary system for decades and new this was coming. However, just like anybody who says any of our economic dogma will not work, they get shunned and painted as whack jobs or whatever for going against the predominant ethos.

High gold makes them look bad and for good reason, they essentially run a ponzi-scheme that requires ever expanding debt with interest attached to it that more debt/money has to be created to pay off. Nobody told them that you can’t have infinite growth in a finite world, I guess

Central bankers are essentially like priests that believe in strange superstition and base their way to run the monetary system on that superstition. It’s been that way for thousands of years. Banking first developed in the temples back in ancient mesopotamia where the preists held the grain or gold or whatever they were using at the time.

Infinite debt fiat is a system that has to collapse eventually, and that time is about now.[/quote]

Arraya,

I am an admitted novice to this stuff, and am just trying to understand different POV. What’s your solution? Dump fiat for a gold standard or some standard based on a hard something or other? Not trying to be snarky, just trying to figure out if there is a decent alternative to this debt-breeding way of things you describe.

[smshorttimer]

[quote=Arraya][quote=scaredycat]the gold bug line is that the VPP (or TRTB), or whoever they are) generally want to keep gold down, not manipulate it up. gold bad for normal system; so, gold bugs generally believe in a conspiracy-theorist way that the VPP’s are always doing their best to suppress the price of gold by selling lots of it at opportune moments. the conspiracists might be right. the concept is that when the VPPs finally lose control, gold might explode to its true value. So, if you think the VPP are manipulating gold, i’d probably agree with ya, but they’re not at least yet manipulating it to profit from by harvesting money from the masses. that’s the stock market. the gold bubble hasn’t really got going yet. Check if anyone in your wrkplace buys gold. when it’s a topic of discussion, then the bubble is underway[/quote]

Central bankers want to keep gold down because they want people to use their digital dollars that exist only in virtual reality for the most part and can disappear as quick as they were created. In a blink of an eye. When that happens the central bankers get all the hard assets attached to the virtual money that dissappeared. It’s a helluva scam, to collect thing with intrinsic value with something that is not real. I’ll give them that.

Scientist have been looking at our monetary system for decades and new this was coming. However, just like anybody who says any of our economic dogma will not work, they get shunned and painted as whack jobs or whatever for going against the predominant ethos.

High gold makes them look bad and for good reason, they essentially run a ponzi-scheme that requires ever expanding debt with interest attached to it that more debt/money has to be created to pay off. Nobody told them that you can’t have infinite growth in a finite world, I guess

Central bankers are essentially like priests that believe in strange superstition and base their way to run the monetary system on that superstition. It’s been that way for thousands of years. Banking first developed in the temples back in ancient mesopotamia where the preists held the grain or gold or whatever they were using at the time.

Infinite debt fiat is a system that has to collapse eventually, and that time is about now.[/quote]

Arraya,

I am an admitted novice to this stuff, and am just trying to understand different POV. What’s your solution? Dump fiat for a gold standard or some standard based on a hard something or other? Not trying to be snarky, just trying to figure out if there is a decent alternative to this debt-breeding way of things you describe.

[smshorttimer]

[quote=Arraya][quote=scaredycat]the gold bug line is that the VPP (or TRTB), or whoever they are) generally want to keep gold down, not manipulate it up. gold bad for normal system; so, gold bugs generally believe in a conspiracy-theorist way that the VPP’s are always doing their best to suppress the price of gold by selling lots of it at opportune moments. the conspiracists might be right. the concept is that when the VPPs finally lose control, gold might explode to its true value. So, if you think the VPP are manipulating gold, i’d probably agree with ya, but they’re not at least yet manipulating it to profit from by harvesting money from the masses. that’s the stock market. the gold bubble hasn’t really got going yet. Check if anyone in your wrkplace buys gold. when it’s a topic of discussion, then the bubble is underway[/quote]

Central bankers want to keep gold down because they want people to use their digital dollars that exist only in virtual reality for the most part and can disappear as quick as they were created. In a blink of an eye. When that happens the central bankers get all the hard assets attached to the virtual money that dissappeared. It’s a helluva scam, to collect thing with intrinsic value with something that is not real. I’ll give them that.

Scientist have been looking at our monetary system for decades and new this was coming. However, just like anybody who says any of our economic dogma will not work, they get shunned and painted as whack jobs or whatever for going against the predominant ethos.

High gold makes them look bad and for good reason, they essentially run a ponzi-scheme that requires ever expanding debt with interest attached to it that more debt/money has to be created to pay off. Nobody told them that you can’t have infinite growth in a finite world, I guess

Central bankers are essentially like priests that believe in strange superstition and base their way to run the monetary system on that superstition. It’s been that way for thousands of years. Banking first developed in the temples back in ancient mesopotamia where the preists held the grain or gold or whatever they were using at the time.

Infinite debt fiat is a system that has to collapse eventually, and that time is about now.[/quote]

Arraya,

I am an admitted novice to this stuff, and am just trying to understand different POV. What’s your solution? Dump fiat for a gold standard or some standard based on a hard something or other? Not trying to be snarky, just trying to figure out if there is a decent alternative to this debt-breeding way of things you describe.

[blahblahblah]

Gold will have it’s day in the sun because people will seek to grab on to anything as fiat dies, as the laws of physics demand. I expect at some point a massive global gold grab soom time soon.

Keep in mind that this may happen in such a way that you will still be screwed if you own gold. For example, let’s suppose that the VPPs propose a new gold-based monetary system. The gold units are hologram-marked bullion, impossible to counterfeit. The price of this new special gold currency is about $5000/oz. Paper money is issued and is redeemable in this special bullion. Those holding regular gold can not legally use it as a medium of exchange without first having it turned into the special hologram-marked form. The price to do this will be quite expensive, naturally, since the gold will have to be melted, assayed, molded, and marked with the hologram. The price of this process could be thousands per ounce or whatever the VPPs determine it should be, since they alone will control the machinery necessary to do this.

The beauty of this system is that as fiat money collapses due to manipulation by the VPPs, they can introduce a new gold-backed currency which will forever prevent such catastrophes from occurring again. Of course the secret is that only “special” gold backs the currency, and guess what only the VPPs will have it. If you own regular gold you can of course pay to have it converted, but at that point it can be inventoried, tracked and taxed of course. In practice this will be very similar to the gold confiscation that occurred under FDR. People were paid only a very low value for their gold which was then transferred to the government, which then sold it at much higher prices to pay off foreign debt.

Baaaaaaaah. Say it with me people. Baaaaaah. Feels good, doesn’t it? And being fleeced isn’t so bad, you feel all frisky when that extra wool is gone off your back.

[blahblahblah]

Gold will have it’s day in the sun because people will seek to grab on to anything as fiat dies, as the laws of physics demand. I expect at some point a massive global gold grab soom time soon.

Keep in mind that this may happen in such a way that you will still be screwed if you own gold. For example, let’s suppose that the VPPs propose a new gold-based monetary system. The gold units are hologram-marked bullion, impossible to counterfeit. The price of this new special gold currency is about $5000/oz. Paper money is issued and is redeemable in this special bullion. Those holding regular gold can not legally use it as a medium of exchange without first having it turned into the special hologram-marked form. The price to do this will be quite expensive, naturally, since the gold will have to be melted, assayed, molded, and marked with the hologram. The price of this process could be thousands per ounce or whatever the VPPs determine it should be, since they alone will control the machinery necessary to do this.

The beauty of this system is that as fiat money collapses due to manipulation by the VPPs, they can introduce a new gold-backed currency which will forever prevent such catastrophes from occurring again. Of course the secret is that only “special” gold backs the currency, and guess what only the VPPs will have it. If you own regular gold you can of course pay to have it converted, but at that point it can be inventoried, tracked and taxed of course. In practice this will be very similar to the gold confiscation that occurred under FDR. People were paid only a very low value for their gold which was then transferred to the government, which then sold it at much higher prices to pay off foreign debt.

Baaaaaaaah. Say it with me people. Baaaaaah. Feels good, doesn’t it? And being fleeced isn’t so bad, you feel all frisky when that extra wool is gone off your back.

[blahblahblah]

Gold will have it’s day in the sun because people will seek to grab on to anything as fiat dies, as the laws of physics demand. I expect at some point a massive global gold grab soom time soon.

Keep in mind that this may happen in such a way that you will still be screwed if you own gold. For example, let’s suppose that the VPPs propose a new gold-based monetary system. The gold units are hologram-marked bullion, impossible to counterfeit. The price of this new special gold currency is about $5000/oz. Paper money is issued and is redeemable in this special bullion. Those holding regular gold can not legally use it as a medium of exchange without first having it turned into the special hologram-marked form. The price to do this will be quite expensive, naturally, since the gold will have to be melted, assayed, molded, and marked with the hologram. The price of this process could be thousands per ounce or whatever the VPPs determine it should be, since they alone will control the machinery necessary to do this.

The beauty of this system is that as fiat money collapses due to manipulation by the VPPs, they can introduce a new gold-backed currency which will forever prevent such catastrophes from occurring again. Of course the secret is that only “special” gold backs the currency, and guess what only the VPPs will have it. If you own regular gold you can of course pay to have it converted, but at that point it can be inventoried, tracked and taxed of course. In practice this will be very similar to the gold confiscation that occurred under FDR. People were paid only a very low value for their gold which was then transferred to the government, which then sold it at much higher prices to pay off foreign debt.

Baaaaaaaah. Say it with me people. Baaaaaah. Feels good, doesn’t it? And being fleeced isn’t so bad, you feel all frisky when that extra wool is gone off your back.

[blahblahblah]

Gold will have it’s day in the sun because people will seek to grab on to anything as fiat dies, as the laws of physics demand. I expect at some point a massive global gold grab soom time soon.

Keep in mind that this may happen in such a way that you will still be screwed if you own gold. For example, let’s suppose that the VPPs propose a new gold-based monetary system. The gold units are hologram-marked bullion, impossible to counterfeit. The price of this new special gold currency is about $5000/oz. Paper money is issued and is redeemable in this special bullion. Those holding regular gold can not legally use it as a medium of exchange without first having it turned into the special hologram-marked form. The price to do this will be quite expensive, naturally, since the gold will have to be melted, assayed, molded, and marked with the hologram. The price of this process could be thousands per ounce or whatever the VPPs determine it should be, since they alone will control the machinery necessary to do this.

The beauty of this system is that as fiat money collapses due to manipulation by the VPPs, they can introduce a new gold-backed currency which will forever prevent such catastrophes from occurring again. Of course the secret is that only “special” gold backs the currency, and guess what only the VPPs will have it. If you own regular gold you can of course pay to have it converted, but at that point it can be inventoried, tracked and taxed of course. In practice this will be very similar to the gold confiscation that occurred under FDR. People were paid only a very low value for their gold which was then transferred to the government, which then sold it at much higher prices to pay off foreign debt.

Baaaaaaaah. Say it with me people. Baaaaaah. Feels good, doesn’t it? And being fleeced isn’t so bad, you feel all frisky when that extra wool is gone off your back.

[blahblahblah]

Gold will have it’s day in the sun because people will seek to grab on to anything as fiat dies, as the laws of physics demand. I expect at some point a massive global gold grab soom time soon.

Keep in mind that this may happen in such a way that you will still be screwed if you own gold. For example, let’s suppose that the VPPs propose a new gold-based monetary system. The gold units are hologram-marked bullion, impossible to counterfeit. The price of this new special gold currency is about $5000/oz. Paper money is issued and is redeemable in this special bullion. Those holding regular gold can not legally use it as a medium of exchange without first having it turned into the special hologram-marked form. The price to do this will be quite expensive, naturally, since the gold will have to be melted, assayed, molded, and marked with the hologram. The price of this process could be thousands per ounce or whatever the VPPs determine it should be, since they alone will control the machinery necessary to do this.

The beauty of this system is that as fiat money collapses due to manipulation by the VPPs, they can introduce a new gold-backed currency which will forever prevent such catastrophes from occurring again. Of course the secret is that only “special” gold backs the currency, and guess what only the VPPs will have it. If you own regular gold you can of course pay to have it converted, but at that point it can be inventoried, tracked and taxed of course. In practice this will be very similar to the gold confiscation that occurred under FDR. People were paid only a very low value for their gold which was then transferred to the government, which then sold it at much higher prices to pay off foreign debt.

Baaaaaaaah. Say it with me people. Baaaaaah. Feels good, doesn’t it? And being fleeced isn’t so bad, you feel all frisky when that extra wool is gone off your back.

[partypup]

[quote=UCGal]

Maybe it’s a bubble. Maybe it will be the only currency that survives the economic meltdown. The only thing I do know…

I can’t eat gold. [/quote]

You can’t eat fiat paper either, but I bet you have tried to accumulate as much of that as possible in your life, haven’t you? 😉

Why does everyone think the choice is either between gold and food? Or gold and gas? Or gold and water? Or gold and a home? People, get your heads out of the sand: you need food, gas, water, a home AND gold. Gold is simply the asset class that you should add to your portfolio to REPLACE the dollar – not to replace the necessities in your life.

And you think gold is heavily manipulated? What do you think the TPTB have been doing to the dollar for the past 30+ years? It has been manipulated to appear strong when it is weak at its core. As Concho said, everything in our life is manipulated by the madmen who run the planet. We have been in their crosshairs all our lives. And maybe we won’t be nimble enough to escape what’s coming because we’re just tiny ants scattering before a size 10 shoe comes slamming down upon us.

But all I know is this: if I am to have any chance in hell of scurrying away to safety, I will need all of the things you mentioned above, UC Girl. And I will also need gold. Because when inflation sets in with a vengeance, how do you expect to buy the food you value so much if your dollars are so devalued? Best to have something meaningful to being to a dealer to exchange for the fifty fiat dollars that you will need to buy a loaf of bread.

And that’s all I have to say about that (my best Forrest Gump voice)

[partypup]

[quote=UCGal]

Maybe it’s a bubble. Maybe it will be the only currency that survives the economic meltdown. The only thing I do know…

I can’t eat gold. [/quote]

You can’t eat fiat paper either, but I bet you have tried to accumulate as much of that as possible in your life, haven’t you? 😉

Why does everyone think the choice is either between gold and food? Or gold and gas? Or gold and water? Or gold and a home? People, get your heads out of the sand: you need food, gas, water, a home AND gold. Gold is simply the asset class that you should add to your portfolio to REPLACE the dollar – not to replace the necessities in your life.

And you think gold is heavily manipulated? What do you think the TPTB have been doing to the dollar for the past 30+ years? It has been manipulated to appear strong when it is weak at its core. As Concho said, everything in our life is manipulated by the madmen who run the planet. We have been in their crosshairs all our lives. And maybe we won’t be nimble enough to escape what’s coming because we’re just tiny ants scattering before a size 10 shoe comes slamming down upon us.

But all I know is this: if I am to have any chance in hell of scurrying away to safety, I will need all of the things you mentioned above, UC Girl. And I will also need gold. Because when inflation sets in with a vengeance, how do you expect to buy the food you value so much if your dollars are so devalued? Best to have something meaningful to being to a dealer to exchange for the fifty fiat dollars that you will need to buy a loaf of bread.

And that’s all I have to say about that (my best Forrest Gump voice)

[partypup]

[quote=UCGal]

Maybe it’s a bubble. Maybe it will be the only currency that survives the economic meltdown. The only thing I do know…

I can’t eat gold. [/quote]

You can’t eat fiat paper either, but I bet you have tried to accumulate as much of that as possible in your life, haven’t you? 😉

Why does everyone think the choice is either between gold and food? Or gold and gas? Or gold and water? Or gold and a home? People, get your heads out of the sand: you need food, gas, water, a home AND gold. Gold is simply the asset class that you should add to your portfolio to REPLACE the dollar – not to replace the necessities in your life.

And you think gold is heavily manipulated? What do you think the TPTB have been doing to the dollar for the past 30+ years? It has been manipulated to appear strong when it is weak at its core. As Concho said, everything in our life is manipulated by the madmen who run the planet. We have been in their crosshairs all our lives. And maybe we won’t be nimble enough to escape what’s coming because we’re just tiny ants scattering before a size 10 shoe comes slamming down upon us.

But all I know is this: if I am to have any chance in hell of scurrying away to safety, I will need all of the things you mentioned above, UC Girl. And I will also need gold. Because when inflation sets in with a vengeance, how do you expect to buy the food you value so much if your dollars are so devalued? Best to have something meaningful to being to a dealer to exchange for the fifty fiat dollars that you will need to buy a loaf of bread.

And that’s all I have to say about that (my best Forrest Gump voice)

[partypup]

[quote=UCGal]

Maybe it’s a bubble. Maybe it will be the only currency that survives the economic meltdown. The only thing I do know…

I can’t eat gold. [/quote]

You can’t eat fiat paper either, but I bet you have tried to accumulate as much of that as possible in your life, haven’t you? 😉

Why does everyone think the choice is either between gold and food? Or gold and gas? Or gold and water? Or gold and a home? People, get your heads out of the sand: you need food, gas, water, a home AND gold. Gold is simply the asset class that you should add to your portfolio to REPLACE the dollar – not to replace the necessities in your life.

And you think gold is heavily manipulated? What do you think the TPTB have been doing to the dollar for the past 30+ years? It has been manipulated to appear strong when it is weak at its core. As Concho said, everything in our life is manipulated by the madmen who run the planet. We have been in their crosshairs all our lives. And maybe we won’t be nimble enough to escape what’s coming because we’re just tiny ants scattering before a size 10 shoe comes slamming down upon us.

But all I know is this: if I am to have any chance in hell of scurrying away to safety, I will need all of the things you mentioned above, UC Girl. And I will also need gold. Because when inflation sets in with a vengeance, how do you expect to buy the food you value so much if your dollars are so devalued? Best to have something meaningful to being to a dealer to exchange for the fifty fiat dollars that you will need to buy a loaf of bread.

And that’s all I have to say about that (my best Forrest Gump voice)

[Author]

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