Dollar Dropping

[paramount]

[quote=Disgruntled Patriot]I always enjoy reading this debate between the gold-bug contrapreneurs and apple-pie econohobbyists. IMHO, the gold bugs typically draw a more likely conclusion and I want to believe the world will eventually call out the emperor for not wearing clothes. But there is this obvious geopolitical circumstance that neither side ever seems to consider: Uncle Sammy’s stockpile of over 5,000 pointy-tipped packages of potential energy, distributed across a robust network of airfields, silos, warships and submarines. One might argue that this unprecedented arsenal better secures the reserve status of a fiat currency, and the fraudulent banking system which spews it, than any imaginable vault of gold. What do you think?[/quote]

I think your suggestion is almost completely ridiculous.

[socrattt]

[quote=Disgruntled Patriot]I always enjoy reading this debate between the gold-bug contrapreneurs and apple-pie econohobbyists. IMHO, the gold bugs typically draw a more likely conclusion and I want to believe the world will eventually call out the emperor for not wearing clothes. But there is this obvious geopolitical circumstance that neither side ever seems to consider: Uncle Sammy’s stockpile of over 5,000 pointy-tipped packages of potential energy, distributed across a robust network of airfields, silos, warships and submarines. One might argue that this unprecedented arsenal better secures the reserve status of a fiat currency, and the fraudulent banking system which spews it, than any imaginable vault of gold. What do you think?[/quote]

We will use 2,500 of those pointy tipped packages on the middle east and another 2,500 in Russia and then we will have 200 million soldiers from China marching all over us. So essentially at some point we will lose. The next question you have to ask yourself is when.

I have heard some interesting rumors about a possible war between Israel and Iran that may happy very soon. We’ve all heard something, but a little bird told me it may happen in a matter of months. If this happens I predict WWIII will be quick to follow.

So all that said, it probably won’t make a difference between gold or currency. We would probably want to invest in food and gas masks!!

[socrattt]

[quote=Disgruntled Patriot]I always enjoy reading this debate between the gold-bug contrapreneurs and apple-pie econohobbyists. IMHO, the gold bugs typically draw a more likely conclusion and I want to believe the world will eventually call out the emperor for not wearing clothes. But there is this obvious geopolitical circumstance that neither side ever seems to consider: Uncle Sammy’s stockpile of over 5,000 pointy-tipped packages of potential energy, distributed across a robust network of airfields, silos, warships and submarines. One might argue that this unprecedented arsenal better secures the reserve status of a fiat currency, and the fraudulent banking system which spews it, than any imaginable vault of gold. What do you think?[/quote]

We will use 2,500 of those pointy tipped packages on the middle east and another 2,500 in Russia and then we will have 200 million soldiers from China marching all over us. So essentially at some point we will lose. The next question you have to ask yourself is when.

I have heard some interesting rumors about a possible war between Israel and Iran that may happy very soon. We’ve all heard something, but a little bird told me it may happen in a matter of months. If this happens I predict WWIII will be quick to follow.

So all that said, it probably won’t make a difference between gold or currency. We would probably want to invest in food and gas masks!!

[socrattt]

[quote=Disgruntled Patriot]I always enjoy reading this debate between the gold-bug contrapreneurs and apple-pie econohobbyists. IMHO, the gold bugs typically draw a more likely conclusion and I want to believe the world will eventually call out the emperor for not wearing clothes. But there is this obvious geopolitical circumstance that neither side ever seems to consider: Uncle Sammy’s stockpile of over 5,000 pointy-tipped packages of potential energy, distributed across a robust network of airfields, silos, warships and submarines. One might argue that this unprecedented arsenal better secures the reserve status of a fiat currency, and the fraudulent banking system which spews it, than any imaginable vault of gold. What do you think?[/quote]

We will use 2,500 of those pointy tipped packages on the middle east and another 2,500 in Russia and then we will have 200 million soldiers from China marching all over us. So essentially at some point we will lose. The next question you have to ask yourself is when.

I have heard some interesting rumors about a possible war between Israel and Iran that may happy very soon. We’ve all heard something, but a little bird told me it may happen in a matter of months. If this happens I predict WWIII will be quick to follow.

So all that said, it probably won’t make a difference between gold or currency. We would probably want to invest in food and gas masks!!

[socrattt]

[quote=Disgruntled Patriot]I always enjoy reading this debate between the gold-bug contrapreneurs and apple-pie econohobbyists. IMHO, the gold bugs typically draw a more likely conclusion and I want to believe the world will eventually call out the emperor for not wearing clothes. But there is this obvious geopolitical circumstance that neither side ever seems to consider: Uncle Sammy’s stockpile of over 5,000 pointy-tipped packages of potential energy, distributed across a robust network of airfields, silos, warships and submarines. One might argue that this unprecedented arsenal better secures the reserve status of a fiat currency, and the fraudulent banking system which spews it, than any imaginable vault of gold. What do you think?[/quote]

We will use 2,500 of those pointy tipped packages on the middle east and another 2,500 in Russia and then we will have 200 million soldiers from China marching all over us. So essentially at some point we will lose. The next question you have to ask yourself is when.

I have heard some interesting rumors about a possible war between Israel and Iran that may happy very soon. We’ve all heard something, but a little bird told me it may happen in a matter of months. If this happens I predict WWIII will be quick to follow.

So all that said, it probably won’t make a difference between gold or currency. We would probably want to invest in food and gas masks!!

[socrattt]

[quote=Disgruntled Patriot]I always enjoy reading this debate between the gold-bug contrapreneurs and apple-pie econohobbyists. IMHO, the gold bugs typically draw a more likely conclusion and I want to believe the world will eventually call out the emperor for not wearing clothes. But there is this obvious geopolitical circumstance that neither side ever seems to consider: Uncle Sammy’s stockpile of over 5,000 pointy-tipped packages of potential energy, distributed across a robust network of airfields, silos, warships and submarines. One might argue that this unprecedented arsenal better secures the reserve status of a fiat currency, and the fraudulent banking system which spews it, than any imaginable vault of gold. What do you think?[/quote]

We will use 2,500 of those pointy tipped packages on the middle east and another 2,500 in Russia and then we will have 200 million soldiers from China marching all over us. So essentially at some point we will lose. The next question you have to ask yourself is when.

I have heard some interesting rumors about a possible war between Israel and Iran that may happy very soon. We’ve all heard something, but a little bird told me it may happen in a matter of months. If this happens I predict WWIII will be quick to follow.

So all that said, it probably won’t make a difference between gold or currency. We would probably want to invest in food and gas masks!!

[paramount]

[quote=Arraya]Professor Igor Panarin, whose book “The Crash of America” is just out, claims that by November the book will be yesterday’s news.

Panarin still leaves room for miscalculation, which would actually make him happy. And should the collapse not start in November, he is ready to explain why it didn’t happen by December. But at the moment, the collapse looks quite likely.

“In my opinion, the probability of the US ceasing to exist by June, 2010 exceeds 50%. At this point, the mission of all major international powers is to prevent chaos in the US,” Panarin concluded.

“The US debt has multiplied seven times in 11 years. Under Gorbachev the Soviet debt increased by a factor of five.”

http://cfecon.blogspot.com/2009/09/igor-panarin-sticking-to-his-november.html%5B/quote%5D

Panarin is a commy!

[paramount]

[quote=Arraya]Professor Igor Panarin, whose book “The Crash of America” is just out, claims that by November the book will be yesterday’s news.

Panarin still leaves room for miscalculation, which would actually make him happy. And should the collapse not start in November, he is ready to explain why it didn’t happen by December. But at the moment, the collapse looks quite likely.

“In my opinion, the probability of the US ceasing to exist by June, 2010 exceeds 50%. At this point, the mission of all major international powers is to prevent chaos in the US,” Panarin concluded.

“The US debt has multiplied seven times in 11 years. Under Gorbachev the Soviet debt increased by a factor of five.”

http://cfecon.blogspot.com/2009/09/igor-panarin-sticking-to-his-november.html%5B/quote%5D

Panarin is a commy!

[paramount]

[quote=Arraya]Professor Igor Panarin, whose book “The Crash of America” is just out, claims that by November the book will be yesterday’s news.

Panarin still leaves room for miscalculation, which would actually make him happy. And should the collapse not start in November, he is ready to explain why it didn’t happen by December. But at the moment, the collapse looks quite likely.

“In my opinion, the probability of the US ceasing to exist by June, 2010 exceeds 50%. At this point, the mission of all major international powers is to prevent chaos in the US,” Panarin concluded.

“The US debt has multiplied seven times in 11 years. Under Gorbachev the Soviet debt increased by a factor of five.”

http://cfecon.blogspot.com/2009/09/igor-panarin-sticking-to-his-november.html%5B/quote%5D

Panarin is a commy!

[paramount]

[quote=Arraya]Professor Igor Panarin, whose book “The Crash of America” is just out, claims that by November the book will be yesterday’s news.

Panarin still leaves room for miscalculation, which would actually make him happy. And should the collapse not start in November, he is ready to explain why it didn’t happen by December. But at the moment, the collapse looks quite likely.

“In my opinion, the probability of the US ceasing to exist by June, 2010 exceeds 50%. At this point, the mission of all major international powers is to prevent chaos in the US,” Panarin concluded.

“The US debt has multiplied seven times in 11 years. Under Gorbachev the Soviet debt increased by a factor of five.”

http://cfecon.blogspot.com/2009/09/igor-panarin-sticking-to-his-november.html%5B/quote%5D

Panarin is a commy!

[paramount]

[quote=Arraya]Professor Igor Panarin, whose book “The Crash of America” is just out, claims that by November the book will be yesterday’s news.

Panarin still leaves room for miscalculation, which would actually make him happy. And should the collapse not start in November, he is ready to explain why it didn’t happen by December. But at the moment, the collapse looks quite likely.

“In my opinion, the probability of the US ceasing to exist by June, 2010 exceeds 50%. At this point, the mission of all major international powers is to prevent chaos in the US,” Panarin concluded.

“The US debt has multiplied seven times in 11 years. Under Gorbachev the Soviet debt increased by a factor of five.”

http://cfecon.blogspot.com/2009/09/igor-panarin-sticking-to-his-november.html%5B/quote%5D

Panarin is a commy!

[Disgruntled Patriot]

Paramount, well reasoned and well stated.

Socrattt, it’s not the actual employment of power, but the ability to employ power that I suggest has some influence on the status of a currency as the world’s reserve or standard. Obviously industrial capacity and productivity are paramount. You know our friends in China and the Middle East are just itching to drop the dollar. Might makes right (military or otherwise), even to validate a bankrupt federal reserve promissory.

[Disgruntled Patriot]

Paramount, well reasoned and well stated.

Socrattt, it’s not the actual employment of power, but the ability to employ power that I suggest has some influence on the status of a currency as the world’s reserve or standard. Obviously industrial capacity and productivity are paramount. You know our friends in China and the Middle East are just itching to drop the dollar. Might makes right (military or otherwise), even to validate a bankrupt federal reserve promissory.

[Disgruntled Patriot]

Paramount, well reasoned and well stated.

Socrattt, it’s not the actual employment of power, but the ability to employ power that I suggest has some influence on the status of a currency as the world’s reserve or standard. Obviously industrial capacity and productivity are paramount. You know our friends in China and the Middle East are just itching to drop the dollar. Might makes right (military or otherwise), even to validate a bankrupt federal reserve promissory.

[Disgruntled Patriot]

Paramount, well reasoned and well stated.

Socrattt, it’s not the actual employment of power, but the ability to employ power that I suggest has some influence on the status of a currency as the world’s reserve or standard. Obviously industrial capacity and productivity are paramount. You know our friends in China and the Middle East are just itching to drop the dollar. Might makes right (military or otherwise), even to validate a bankrupt federal reserve promissory.

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