|
#1
|
|||
|
|||
Re: X Post: My thoughts on the coming dollar collapse
Staples go up in dollar terms after the diluted dollars percolate from the govt to the person buying eggs and milk.
This has absolutely nothing to do with speculation and everything to do with more dollars in effective circulation. "The speculator's greatest and truest ally is underlying conditions." - Livermore That about sums it up when it comes to the dollar -- and gold. If you were responsible for the currency and had plans to convert to a new one (like the Amero) you would scoop out all the value before you made the trade. Wake up http://www.gold-eagle.com/editorials...rby062806.html http://en.wikipedia.org/wiki/Amero#_note-amero Its coming. First the dollar must be 'adjusted'. Which is exactly what is happening, now. (Read the Wikipedia article to see why.) |
#2
|
|||
|
|||
Re: X Post: My thoughts on the coming dollar collapse
[ QUOTE ]
Staples go up in dollar terms after the diluted dollars percolate from the govt to the person buying eggs and milk. This has absolutely nothing to do with speculation and everything to do with more dollars in effective circulation. "The speculator's greatest and truest ally is underlying conditions." - Livermore That about sums it up when it comes to the dollar -- and gold. If you were responsible for the currency and had plans to convert to a new one (like the Amero) you would scoop out all the value before you made the trade. Wake up http://www.gold-eagle.com/editorials...rby062806.html http://en.wikipedia.org/wiki/Amero#_note-amero Its coming. First the dollar must be 'adjusted'. Which is exactly what is happening, now. (Read the Wikipedia article to see why.) [/ QUOTE ] the amero isn't happeneing. i don't know where you fall on the "fed is evil" spectrum, but if you are anywhere near ACists and the like, you should be the first on the line of people who think the amero would never happen. in order for that to occur, the monetary policy of mex, can, and usa would be linked. no way the evil fed would ever share (no matter how small of a share) its ability to set monetary policy nor give up the money it makes off seignorage. that is from the perspective of the "cabal of the fed" group. Barron |
#3
|
|||
|
|||
Re: X Post: My thoughts on the coming dollar collapse
I'm planning an expensive trip to Europe next year and I'm currently saving at 4.5% in dollars. Is there anything I can do to protect against a possible dollar collapse? Can I open a savings account in euros while living in the U.S. and get a 4 to 5% return?
|
#4
|
|||
|
|||
Re: X Post: My thoughts on the coming dollar collapse
So what is a realistic dollardrop? I see Peter Schiff predicts a 50% drop at a minimum. I'm stuck with alot of dollars due to taxproblems and have experienced a 12% drop against my currency in the last 4 weeks. Do I get out now and take the loss or is there any merit to holding on looking for a rally? All comments are much appreciated.
-Nikla |
#5
|
|||
|
|||
Re: X Post: My thoughts on the coming dollar collapse
[ QUOTE ]
I'm planning an expensive trip to Europe next year and I'm currently saving at 4.5% in dollars. Is there anything I can do to protect against a possible dollar collapse? Can I open a savings account in euros while living in the U.S. and get a 4 to 5% return? [/ QUOTE ] International moneymarket account |
|
|