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partypup
Participant[quote=Arraya][quote=paramount]The New York Federal Reserve will fail by 2012.[/quote]
I think before that.[/quote]
Agree. I am hearing that by Fall 2010 the entire Fed will become irrelevant. They may still be around, but no one will be paying attention.
I find this newest development fascinating because the predictive linguistics at halfpasthuman.com (don’t know if anyone here subscribes to them) had been anticipating the death of the dollar to begin in earnest around the end of October/first week of November. They had been forecasting this for the last 18 months. They just couldn’t be sure what the trigger would be. They also claim that turning point will be reached on or about October 25 and that events will progress so quickly that most – especially talking heads on TV – will not know what to make of them or how to spin them. Jim Sinclair has given the same countdown/time frame on his website. As has Jim Willie. So I would say that a variety of indicators suggest that life is about to get extremely hairy in the next 3 weeks. If you haven’t bought gold or silver, I would so so now before they go parabolic when the dollar’s woes become front page news.
On a side note, I am being forced to close an account at a foreign bank because the U.S. has been leaning on them. I spoke with my banker today about recent events, and I said, “Well, it doesn’t look good for the dollar. I think it will die very soon.” And the banker, who is generally stoic and had always insisted that the buck had a long (if dreary) future, replied, “Yes, it certainly looks that way now.”
Participant[quote=Arraya][quote=paramount]The New York Federal Reserve will fail by 2012.[/quote]
I think before that.[/quote]
Agree. I am hearing that by Fall 2010 the entire Fed will become irrelevant. They may still be around, but no one will be paying attention.
I find this newest development fascinating because the predictive linguistics at halfpasthuman.com (don’t know if anyone here subscribes to them) had been anticipating the death of the dollar to begin in earnest around the end of October/first week of November. They had been forecasting this for the last 18 months. They just couldn’t be sure what the trigger would be. They also claim that turning point will be reached on or about October 25 and that events will progress so quickly that most – especially talking heads on TV – will not know what to make of them or how to spin them. Jim Sinclair has given the same countdown/time frame on his website. As has Jim Willie. So I would say that a variety of indicators suggest that life is about to get extremely hairy in the next 3 weeks. If you haven’t bought gold or silver, I would so so now before they go parabolic when the dollar’s woes become front page news.
On a side note, I am being forced to close an account at a foreign bank because the U.S. has been leaning on them. I spoke with my banker today about recent events, and I said, “Well, it doesn’t look good for the dollar. I think it will die very soon.” And the banker, who is generally stoic and had always insisted that the buck had a long (if dreary) future, replied, “Yes, it certainly looks that way now.”
Participant[quote=Arraya][quote=paramount]The New York Federal Reserve will fail by 2012.[/quote]
I think before that.[/quote]
Agree. I am hearing that by Fall 2010 the entire Fed will become irrelevant. They may still be around, but no one will be paying attention.
I find this newest development fascinating because the predictive linguistics at halfpasthuman.com (don’t know if anyone here subscribes to them) had been anticipating the death of the dollar to begin in earnest around the end of October/first week of November. They had been forecasting this for the last 18 months. They just couldn’t be sure what the trigger would be. They also claim that turning point will be reached on or about October 25 and that events will progress so quickly that most – especially talking heads on TV – will not know what to make of them or how to spin them. Jim Sinclair has given the same countdown/time frame on his website. As has Jim Willie. So I would say that a variety of indicators suggest that life is about to get extremely hairy in the next 3 weeks. If you haven’t bought gold or silver, I would so so now before they go parabolic when the dollar’s woes become front page news.
On a side note, I am being forced to close an account at a foreign bank because the U.S. has been leaning on them. I spoke with my banker today about recent events, and I said, “Well, it doesn’t look good for the dollar. I think it will die very soon.” And the banker, who is generally stoic and had always insisted that the buck had a long (if dreary) future, replied, “Yes, it certainly looks that way now.”
Participant[quote=Arraya][quote=paramount]The New York Federal Reserve will fail by 2012.[/quote]
I think before that.[/quote]
Agree. I am hearing that by Fall 2010 the entire Fed will become irrelevant. They may still be around, but no one will be paying attention.
I find this newest development fascinating because the predictive linguistics at halfpasthuman.com (don’t know if anyone here subscribes to them) had been anticipating the death of the dollar to begin in earnest around the end of October/first week of November. They had been forecasting this for the last 18 months. They just couldn’t be sure what the trigger would be. They also claim that turning point will be reached on or about October 25 and that events will progress so quickly that most – especially talking heads on TV – will not know what to make of them or how to spin them. Jim Sinclair has given the same countdown/time frame on his website. As has Jim Willie. So I would say that a variety of indicators suggest that life is about to get extremely hairy in the next 3 weeks. If you haven’t bought gold or silver, I would so so now before they go parabolic when the dollar’s woes become front page news.
On a side note, I am being forced to close an account at a foreign bank because the U.S. has been leaning on them. I spoke with my banker today about recent events, and I said, “Well, it doesn’t look good for the dollar. I think it will die very soon.” And the banker, who is generally stoic and had always insisted that the buck had a long (if dreary) future, replied, “Yes, it certainly looks that way now.”
Participant[quote=scaredycat]holy jeepers. big vertical jump for gold and silver mining stocks today, front page news on marketwatch on dollar demise. but most telling, my trading account is largely positive. if these are not MASSIVE SELL indicators, i don’t know what is. the dollar is either coming back in a huge way or i am going to have to adjust to being correct once in a long while. i cannot accept the latter so it must be the former.[/quote]
Scaredy, you have just broken your losing streak. You ARE right this time. Hold onto your metals and watch what unfolds.
Participant[quote=scaredycat]holy jeepers. big vertical jump for gold and silver mining stocks today, front page news on marketwatch on dollar demise. but most telling, my trading account is largely positive. if these are not MASSIVE SELL indicators, i don’t know what is. the dollar is either coming back in a huge way or i am going to have to adjust to being correct once in a long while. i cannot accept the latter so it must be the former.[/quote]
Scaredy, you have just broken your losing streak. You ARE right this time. Hold onto your metals and watch what unfolds.
Participant[quote=scaredycat]holy jeepers. big vertical jump for gold and silver mining stocks today, front page news on marketwatch on dollar demise. but most telling, my trading account is largely positive. if these are not MASSIVE SELL indicators, i don’t know what is. the dollar is either coming back in a huge way or i am going to have to adjust to being correct once in a long while. i cannot accept the latter so it must be the former.[/quote]
Scaredy, you have just broken your losing streak. You ARE right this time. Hold onto your metals and watch what unfolds.
Participant[quote=scaredycat]holy jeepers. big vertical jump for gold and silver mining stocks today, front page news on marketwatch on dollar demise. but most telling, my trading account is largely positive. if these are not MASSIVE SELL indicators, i don’t know what is. the dollar is either coming back in a huge way or i am going to have to adjust to being correct once in a long while. i cannot accept the latter so it must be the former.[/quote]
Scaredy, you have just broken your losing streak. You ARE right this time. Hold onto your metals and watch what unfolds.
Participant[quote=scaredycat]holy jeepers. big vertical jump for gold and silver mining stocks today, front page news on marketwatch on dollar demise. but most telling, my trading account is largely positive. if these are not MASSIVE SELL indicators, i don’t know what is. the dollar is either coming back in a huge way or i am going to have to adjust to being correct once in a long while. i cannot accept the latter so it must be the former.[/quote]
Scaredy, you have just broken your losing streak. You ARE right this time. Hold onto your metals and watch what unfolds.
Participant[quote=Allan from Fallbrook]Partypup: Well, not to sound like a complete saber rattling nationalist, but if this scenario looks likely to come to fruition, I say we fall back on the one area of uncontested American supremacy: Our military.
How, exactly, is China planning on getting their 60% of imported oil back home from the Mideast? They have no “blue water” navy to speak of and I can just imagine how thrilled US Navy sub commanders would be lighting up China’s merchant fleet.
Don’t think it will come to that? I think the TPTB have already game planned this scenario out and wouldn’t hesitate for a second. You push the US far enough, we’ll do anything. Think Hiroshima and Nagasaki.
We could literally choke the world in terms of closing off all avenues of transport, whether sea lanes, air corridors, or roads.[/quote]
Allan, I don’t doubt that military invention will be used as a distraction. After all, our elected leaders won’t let this house collapse until they have identified and set up a scapegoat, and that goat is most likely Iran.
Will Americans but the story one last time? I kind of doubt it. Trust and confidence in government has never been lower.
But here is the one flaw I that I see with your scenario: there are simply too many enemies to battle now. Iran is one thing, but China, Russia, Japan and Brazil – if these countries are all determined to dump the dollar, then we are monumentally screwed. We can’t invade them — 1/2 of the coalition are our biggest creditors. How would we realistically hold the world’s largest and most powerful countries hostage by choking off lanes of oil traffic? Don’t forget that a functioning military requires the one thing we have now run out of: money. We could, as Scaredy says, make one last play to make the rest of the world use our money, but at what cost? We would quickly become pariahs, as the rest of the world would be repulsed by our violent desperation.
And while China doesn’t have much of a navy, don’t forget that Russia most certainly does. Really, we are outnumbered now. The skinny kids on the block have waited many years for their opportunity, and it has finally arrived.
Participant[quote=Allan from Fallbrook]Partypup: Well, not to sound like a complete saber rattling nationalist, but if this scenario looks likely to come to fruition, I say we fall back on the one area of uncontested American supremacy: Our military.
How, exactly, is China planning on getting their 60% of imported oil back home from the Mideast? They have no “blue water” navy to speak of and I can just imagine how thrilled US Navy sub commanders would be lighting up China’s merchant fleet.
Don’t think it will come to that? I think the TPTB have already game planned this scenario out and wouldn’t hesitate for a second. You push the US far enough, we’ll do anything. Think Hiroshima and Nagasaki.
We could literally choke the world in terms of closing off all avenues of transport, whether sea lanes, air corridors, or roads.[/quote]
Allan, I don’t doubt that military invention will be used as a distraction. After all, our elected leaders won’t let this house collapse until they have identified and set up a scapegoat, and that goat is most likely Iran.
Will Americans but the story one last time? I kind of doubt it. Trust and confidence in government has never been lower.
But here is the one flaw I that I see with your scenario: there are simply too many enemies to battle now. Iran is one thing, but China, Russia, Japan and Brazil – if these countries are all determined to dump the dollar, then we are monumentally screwed. We can’t invade them — 1/2 of the coalition are our biggest creditors. How would we realistically hold the world’s largest and most powerful countries hostage by choking off lanes of oil traffic? Don’t forget that a functioning military requires the one thing we have now run out of: money. We could, as Scaredy says, make one last play to make the rest of the world use our money, but at what cost? We would quickly become pariahs, as the rest of the world would be repulsed by our violent desperation.
And while China doesn’t have much of a navy, don’t forget that Russia most certainly does. Really, we are outnumbered now. The skinny kids on the block have waited many years for their opportunity, and it has finally arrived.
Participant[quote=Allan from Fallbrook]Partypup: Well, not to sound like a complete saber rattling nationalist, but if this scenario looks likely to come to fruition, I say we fall back on the one area of uncontested American supremacy: Our military.
How, exactly, is China planning on getting their 60% of imported oil back home from the Mideast? They have no “blue water” navy to speak of and I can just imagine how thrilled US Navy sub commanders would be lighting up China’s merchant fleet.
Don’t think it will come to that? I think the TPTB have already game planned this scenario out and wouldn’t hesitate for a second. You push the US far enough, we’ll do anything. Think Hiroshima and Nagasaki.
We could literally choke the world in terms of closing off all avenues of transport, whether sea lanes, air corridors, or roads.[/quote]
Allan, I don’t doubt that military invention will be used as a distraction. After all, our elected leaders won’t let this house collapse until they have identified and set up a scapegoat, and that goat is most likely Iran.
Will Americans but the story one last time? I kind of doubt it. Trust and confidence in government has never been lower.
But here is the one flaw I that I see with your scenario: there are simply too many enemies to battle now. Iran is one thing, but China, Russia, Japan and Brazil – if these countries are all determined to dump the dollar, then we are monumentally screwed. We can’t invade them — 1/2 of the coalition are our biggest creditors. How would we realistically hold the world’s largest and most powerful countries hostage by choking off lanes of oil traffic? Don’t forget that a functioning military requires the one thing we have now run out of: money. We could, as Scaredy says, make one last play to make the rest of the world use our money, but at what cost? We would quickly become pariahs, as the rest of the world would be repulsed by our violent desperation.
And while China doesn’t have much of a navy, don’t forget that Russia most certainly does. Really, we are outnumbered now. The skinny kids on the block have waited many years for their opportunity, and it has finally arrived.
Participant[quote=Allan from Fallbrook]Partypup: Well, not to sound like a complete saber rattling nationalist, but if this scenario looks likely to come to fruition, I say we fall back on the one area of uncontested American supremacy: Our military.
How, exactly, is China planning on getting their 60% of imported oil back home from the Mideast? They have no “blue water” navy to speak of and I can just imagine how thrilled US Navy sub commanders would be lighting up China’s merchant fleet.
Don’t think it will come to that? I think the TPTB have already game planned this scenario out and wouldn’t hesitate for a second. You push the US far enough, we’ll do anything. Think Hiroshima and Nagasaki.
We could literally choke the world in terms of closing off all avenues of transport, whether sea lanes, air corridors, or roads.[/quote]
Allan, I don’t doubt that military invention will be used as a distraction. After all, our elected leaders won’t let this house collapse until they have identified and set up a scapegoat, and that goat is most likely Iran.
Will Americans but the story one last time? I kind of doubt it. Trust and confidence in government has never been lower.
But here is the one flaw I that I see with your scenario: there are simply too many enemies to battle now. Iran is one thing, but China, Russia, Japan and Brazil – if these countries are all determined to dump the dollar, then we are monumentally screwed. We can’t invade them — 1/2 of the coalition are our biggest creditors. How would we realistically hold the world’s largest and most powerful countries hostage by choking off lanes of oil traffic? Don’t forget that a functioning military requires the one thing we have now run out of: money. We could, as Scaredy says, make one last play to make the rest of the world use our money, but at what cost? We would quickly become pariahs, as the rest of the world would be repulsed by our violent desperation.
And while China doesn’t have much of a navy, don’t forget that Russia most certainly does. Really, we are outnumbered now. The skinny kids on the block have waited many years for their opportunity, and it has finally arrived.
Participant[quote=Allan from Fallbrook]Partypup: Well, not to sound like a complete saber rattling nationalist, but if this scenario looks likely to come to fruition, I say we fall back on the one area of uncontested American supremacy: Our military.
How, exactly, is China planning on getting their 60% of imported oil back home from the Mideast? They have no “blue water” navy to speak of and I can just imagine how thrilled US Navy sub commanders would be lighting up China’s merchant fleet.
Don’t think it will come to that? I think the TPTB have already game planned this scenario out and wouldn’t hesitate for a second. You push the US far enough, we’ll do anything. Think Hiroshima and Nagasaki.
We could literally choke the world in terms of closing off all avenues of transport, whether sea lanes, air corridors, or roads.[/quote]
Allan, I don’t doubt that military invention will be used as a distraction. After all, our elected leaders won’t let this house collapse until they have identified and set up a scapegoat, and that goat is most likely Iran.
Will Americans but the story one last time? I kind of doubt it. Trust and confidence in government has never been lower.
But here is the one flaw I that I see with your scenario: there are simply too many enemies to battle now. Iran is one thing, but China, Russia, Japan and Brazil – if these countries are all determined to dump the dollar, then we are monumentally screwed. We can’t invade them — 1/2 of the coalition are our biggest creditors. How would we realistically hold the world’s largest and most powerful countries hostage by choking off lanes of oil traffic? Don’t forget that a functioning military requires the one thing we have now run out of: money. We could, as Scaredy says, make one last play to make the rest of the world use our money, but at what cost? We would quickly become pariahs, as the rest of the world would be repulsed by our violent desperation.
And while China doesn’t have much of a navy, don’t forget that Russia most certainly does. Really, we are outnumbered now. The skinny kids on the block have waited many years for their opportunity, and it has finally arrived.
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