Video on how the dollar will play out

[Bullion_Bob]

http://www.youtube.com/all_comments?v=eKXF93CACzA

[ximmy]

I was listening but I got bored...

[Bullion_Bob]

I was listening but I got bored...


Not certain, but apparently this is supposed to be the cure for the boredom you are experiencing:

http://www.americanidol.com/

[cthulu]

Just get rid of the fed, get the US treasury to make more coins in various metals (gold, silver, base) in higher denominations (or readjust accordingly), and allow digital dollars to be redeemed for such coins but make taking coins out of the country illegal, and we can all go about our business.

[po boy]

All wealth comes out of the ground.

Thanks for sharing BB.

[Hatha Sunahara]

I'm speechless. This is something I knew in my guts, and thought it was useless to articulate it in words, but this guy has done a great job of it in only 9 minutes or so.

We are all at the edge of our seats here waiting for the day when his equation Dollar = 0 hits home. We will know that when gold and silver start rising with little or no resistance. Looks like today may be the start of it. Gold up $15+ and it's only 9:30 am. The Fed and the banks will undoubtedly beat it back down, but it won't stay down.


Hatha

[osoab]

I was listening but I got bored...


Silly American girl.

Go buy some shoes then make me a sandwich. ;D

[Twisted Titan]

What he didnt touch on was the fact that Gubbermint will intreven with the most Draconian Measures to keep the game going in need be

Other than that.....it was a nice presentation.

T

[osoab]

I question a few of the things in the vid.

I thought that Great Britain held the 2nd most Treasuries.

The wall street banks buying treasuries are PD's, they are forced too. He has the cycle right, but buy saying that the banks will stop buying Treasuries is kind of out there. If they stop buying Treasuries, they will be buying some other debt instrument that .gov will be throwing out. (There are a couple of foreign banks that are also PD's for the record)

He also doesn't touch base with what the PD's are doing with the money from Treasuries dumped during POMO's.
Without discussing this free money, he is leaving out a lot of market influence. Or that the system will be done at that point.

The guy also doesn't talk about leverage. Once the market rolls over, the hot money will be pulled to make margin calls again. (I should add that the rollover will occur once the banks have their setup in place to profit at a maximum).

He doesn't make the distinction that the banks own the FED and that Benny is just a puppet head.

Lastly, for some reason it bugged me that he used 2 slashes for his dollar sign. Only one is required. There is no substance.

I guess it is dumbed down for the masses in a 9 minute slot, but I don't think this proves hyperinflation.
This is the subject line for the clip.

The facts to back up my case for hyperinflation (watch in HD)

Massive inflation yes. Hell we already see some of it now. Hyper, no. We won't see wage increases that would paint images of wheelbarrows full of paper fiat to purchase a loaf of bread.

[Horn]

I guess it is dumbed down for the masses in a 9 minute slot, but I don't think this proves hyperinflation.
This is the subject line for the clip.

The facts to back up my case for hyperinflation (watch in HD)

Massive inflation yes. Hell we already see some of it now. Hyper, no. We won't see wage increases that would paint images of wheelbarrows full of paper fiat to purchase a loaf of bread.

I think what he was trying to show, is the general tendency of it.

Ultimately finding its intrinsic value, and abandoned as an currency instrument.

The rest of the world will let it go overnight at some point, if they don't nobody wins, at the shell game.

[gunDriller]

http://www.kitco.com/images/live/gold.gif

just keep hitting refresh on Kitco.

sort of like watching a video.

http://www.kitco.com/charts/livegold.html

the curves tend to look the same, the numbers on the left keep changing.


Americans tend to look at the dollar as "our money". my older brother has a fiduciary responsibility as corporate officer to watch out for shareholder value - which means he has to be concerned about the value of his company shares. he HATES talking about the dollar devaluation.

i think people that live in the "dollar has value" world tend to look at some luxury electronic items that come down in price - my brother can afford an electronic home theater system that is beyond his dreams.

also, a lot of industrial equipment is for sale cheap, because of companies going out of business.

the fact that stuff you need to live on (if you're not self-sufficient) is going Up Up and away (food, fuel, medical care) can kind of get overlooked sometimes - especially if it constitutes a minority of your income. to my brother, the dollar may appear to be increasing in value.


but to the Chinese, how must they look at the dollar ? something you use to buy stuff you need, before it loses all of its value. which sounds like the average G-S.us member ;D

if i was a Chinese money manager, i would be buying gold and silver - as much as i could get my hands on. $1500 and $2500 are not that much different to people who live outside the US that are sitting on huge piles of $ and just want to get something of value for their $ before it loses all value.

and the Japanese - now they are net sellers of US debt instruments, AKA bonds.

if i was a Chinese money manager, i think i'd have employees scouring Craigslist for useful industrial items, like bandsaws and wheat.