X Post: My thoughts on the coming dollar collapse

[Gene Paulson]

I have read that the crashes coming down will cause deflation not inflation. Also the dollar was just recently unpinned from Saudi's currency which totals 3.5 trillion of free dollars that will be used without Government approvial this leads to most currencies that are linked to the dollar to undo their relationship; but the corporate and company buying isn't as true no; what these dollars are going into are natural resources,as for the freemarketplace provided by the USGov that is only one thing free dollars which they print. very few walk this earth claiming Washington is helping them. The gutted stock market will collapse also but the reason bread or oil goes up is the speculation and lack of production not the dollar those things are going up anyway anywhere(the price of wheat at the Chicago board is going down and will be for the next three four years)And finally for crashes being surprises they are because of the speed and totallity of them not that they come with no warning. The Great crash of 1929 was predictable and readly understood; the market is an emotional dynamic of its own (many saying there will be a crash but still in it until the end losing money)

[Mr. Now]

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.)

[DcifrThs]

[ 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

[dethgrind]

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?

[Nikla]

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

[kimchi]

[ 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 ]

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