Dollar Dropping

[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)

[scaredyclassic]

UCGal — people are talking — but is anyone actually buying gold? does anyone have any of it in their IRA?

if concho’s scenario comes true, goldminers will go through the roof.

[scaredyclassic]

UCGal — people are talking — but is anyone actually buying gold? does anyone have any of it in their IRA?

if concho’s scenario comes true, goldminers will go through the roof.

[scaredyclassic]

UCGal — people are talking — but is anyone actually buying gold? does anyone have any of it in their IRA?

if concho’s scenario comes true, goldminers will go through the roof.

[scaredyclassic]

UCGal — people are talking — but is anyone actually buying gold? does anyone have any of it in their IRA?

if concho’s scenario comes true, goldminers will go through the roof.

[scaredyclassic]

UCGal — people are talking — but is anyone actually buying gold? does anyone have any of it in their IRA?

if concho’s scenario comes true, goldminers will go through the roof.

[blahblahblah]

if concho’s scenario comes true, goldminers will go through the roof.

Why? The currency is backed only by “special” gold. Use of “regular” gold as currency will be illegal as it is now. Demand for gold will probably be the same or less as today, unless some new industrial use is found for it. The VPPs probably already have all the gold they need for this plan stashed away somewhere. They might need a little more so that would be good for miners, but once the system is in place they really don’t need any more.

Also note that the price per ounce should be high enough that very few people will ever actually hold a hologrammed bullion coin in their hand. They will instead just use paper money as they do today. If the price/OZ was around $5000, probably 90% of the world’s population would never even be able to own a single coin. This will allow the VPPs to engage in the good old fashioned game of “pretending” that the currency is actually backed by gold since they know that few will ever actually exchange the paper for gold.

After you’ve been fleeced as many times as I have you start thinking like these sick bastards…

[blahblahblah]

if concho’s scenario comes true, goldminers will go through the roof.

Why? The currency is backed only by “special” gold. Use of “regular” gold as currency will be illegal as it is now. Demand for gold will probably be the same or less as today, unless some new industrial use is found for it. The VPPs probably already have all the gold they need for this plan stashed away somewhere. They might need a little more so that would be good for miners, but once the system is in place they really don’t need any more.

Also note that the price per ounce should be high enough that very few people will ever actually hold a hologrammed bullion coin in their hand. They will instead just use paper money as they do today. If the price/OZ was around $5000, probably 90% of the world’s population would never even be able to own a single coin. This will allow the VPPs to engage in the good old fashioned game of “pretending” that the currency is actually backed by gold since they know that few will ever actually exchange the paper for gold.

After you’ve been fleeced as many times as I have you start thinking like these sick bastards…

[blahblahblah]

if concho’s scenario comes true, goldminers will go through the roof.

Why? The currency is backed only by “special” gold. Use of “regular” gold as currency will be illegal as it is now. Demand for gold will probably be the same or less as today, unless some new industrial use is found for it. The VPPs probably already have all the gold they need for this plan stashed away somewhere. They might need a little more so that would be good for miners, but once the system is in place they really don’t need any more.

Also note that the price per ounce should be high enough that very few people will ever actually hold a hologrammed bullion coin in their hand. They will instead just use paper money as they do today. If the price/OZ was around $5000, probably 90% of the world’s population would never even be able to own a single coin. This will allow the VPPs to engage in the good old fashioned game of “pretending” that the currency is actually backed by gold since they know that few will ever actually exchange the paper for gold.

After you’ve been fleeced as many times as I have you start thinking like these sick bastards…

[blahblahblah]

if concho’s scenario comes true, goldminers will go through the roof.

Why? The currency is backed only by “special” gold. Use of “regular” gold as currency will be illegal as it is now. Demand for gold will probably be the same or less as today, unless some new industrial use is found for it. The VPPs probably already have all the gold they need for this plan stashed away somewhere. They might need a little more so that would be good for miners, but once the system is in place they really don’t need any more.

Also note that the price per ounce should be high enough that very few people will ever actually hold a hologrammed bullion coin in their hand. They will instead just use paper money as they do today. If the price/OZ was around $5000, probably 90% of the world’s population would never even be able to own a single coin. This will allow the VPPs to engage in the good old fashioned game of “pretending” that the currency is actually backed by gold since they know that few will ever actually exchange the paper for gold.

After you’ve been fleeced as many times as I have you start thinking like these sick bastards…

[blahblahblah]

if concho’s scenario comes true, goldminers will go through the roof.

Why? The currency is backed only by “special” gold. Use of “regular” gold as currency will be illegal as it is now. Demand for gold will probably be the same or less as today, unless some new industrial use is found for it. The VPPs probably already have all the gold they need for this plan stashed away somewhere. They might need a little more so that would be good for miners, but once the system is in place they really don’t need any more.

Also note that the price per ounce should be high enough that very few people will ever actually hold a hologrammed bullion coin in their hand. They will instead just use paper money as they do today. If the price/OZ was around $5000, probably 90% of the world’s population would never even be able to own a single coin. This will allow the VPPs to engage in the good old fashioned game of “pretending” that the currency is actually backed by gold since they know that few will ever actually exchange the paper for gold.

After you’ve been fleeced as many times as I have you start thinking like these sick bastards…

[ralphfurley]

The Arabs are dumping their dollars and buying gold!

http://www.rottentomatoes.com/m/further_reading_by_kim_newman/news/1777512/further_reading_beat_the_credit_crunch_with_rollover

Oh, it was only a movie…

Interesting blind buy. Picked it up at my local Big Lots! for $3.

[ralphfurley]

The Arabs are dumping their dollars and buying gold!

http://www.rottentomatoes.com/m/further_reading_by_kim_newman/news/1777512/further_reading_beat_the_credit_crunch_with_rollover

Oh, it was only a movie…

Interesting blind buy. Picked it up at my local Big Lots! for $3.

[ralphfurley]

The Arabs are dumping their dollars and buying gold!

http://www.rottentomatoes.com/m/further_reading_by_kim_newman/news/1777512/further_reading_beat_the_credit_crunch_with_rollover

Oh, it was only a movie…

Interesting blind buy. Picked it up at my local Big Lots! for $3.

[ralphfurley]

The Arabs are dumping their dollars and buying gold!

http://www.rottentomatoes.com/m/further_reading_by_kim_newman/news/1777512/further_reading_beat_the_credit_crunch_with_rollover

Oh, it was only a movie…

Interesting blind buy. Picked it up at my local Big Lots! for $3.

[Author]

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