PDA

View Full Version : Even The US Government Will Abandon The Dollar



Ares
19th April 2014, 06:09 AM
For millions it is already too late.

They won't realize the geopolitical winds which are now blowing. Off in their own lala land, the average American will be focused on sports, celebrities, what the right amount of stealing (taxes) in society is, gay rights, which foreign countries "we" should bomb next, the first woman president, and so on and so forth, while their livelihoods are sacrificed in the name of the US government.

They will wake up one morning, and their prospects will be gloomier than they are now. Don't think such a thing happens? This exact thing just happened in the Ukraine. Devastation. People wake up one morning and all the sudden everything they had worked so hard for is gone. "Oh, but that's Ukraine!" you might say. "Not here in the US."

Well, when you realize that a lot of the policies now being instituted in Ukraine were supported by the US government and the International Monetary Fund, which is largely funded by the US government, then maybe, just maybe you will start to see things differently. If not, I understand. Public schools are not kind institutions to reason. If that's not reason enough just consider the growing police state.

Jim Rogers recently discussed with Yahoo! Finance how all western governments are bankrupt, which we cover regularly, stating "There is no sound currency anymore...There's no paper money in 2014 and 2015 that's going to be worth much of anything."

Bloomberg recently reported that the US dollar reached a two-year low, it's weakest level since November 2011. Furthermore, the US dollar has lost 38.5% of its value since 2002. Rogers predicted the US will soon abandon the dollar for another currency!

"For the first time in recorded history we have all major banks and central governments around the world printing huge amounts of money," Rogers said. "This has never happened in world history and so the world is floating on an artificial ocean... of lots and lots of printed money," said Rogers.

"The debt is going higher and higher. The money printing is going higher and higher. We've had 50 or 60 years of success in America," he said. "You've got to pay the price someday whether you like it or not. The longer you delay the day of reckoning, the worse the day of reckoning is going to be. This is not going to be fun."

http://dollarvigilante.com/sites/default/files/images/bp3blogfix(2).png

THE SOLUTION

"Abolish the Federal Reserve," Rogers stated. "The world has gotten along quite famously and well without central banks for most of world history."

"America has had three central banks in our history, the first two disappeared," he said. "This one's going to disappear too because they keep taking on huge amounts of debt... they keep leveraging up the balance sheet... they keep making mistake after mistake... they're printing money, it's going to self-destruct before it's over...We'd be better off with no central bank than this central bank."

EVERY LAST PENNY

It's no wonder why the IRS, Social Security and Treasury are going after hardworking ordinary Americans. The government is flat out broke! They must simply get their hands on as much cash as possible, as quickly as possible, to delay the inevitable - US dollar abandonment and inevitable collapse.

We reported last week how the Bureau of Land Management invaded Nevada in order to ready the land to be passed onto the Chinese. As you see, the US government is in so much debt, it is selling off parcels of land to creditors. But before it does that, it will have to go to war with the American people... Many government officials have confirmed the standoff there is not over and Ron Paul has warned against a WACO style siege.

http://dollarvigilante.com/sites/default/files/images/The-Putin-Obama-bet.jpg

Then, just yesterday, we reported how Social Security and Treasury are stealing tax refunds to satisfy decade old debts...oftentimes parents' debts. (it turns out this recently was ceased until further investigation, a testament to how getting the word out can change things for the better)

The feds are so desperate they are pondering taxing employee perks like free food at lavish cafeterias, laundry and even yoga.

We here at The Dollar Vigilante know this information can be overwhelming. The sad thing is, we are not being hyperbolic. We cannot underscore in a daily blog the severity of the situation in which we find ourselves.

CONCLUSION

Something big is going on behind the scenes. Bankers are committing suicide or being murdered, and the finance minister of Canada just died. We are turning a corner and all of the debts and money printing is going to have a massive effect possibly as soon as this year, as Jim Rogers notes. Precious metals have been in a consolidation period for years now, and TDV anticipated this and told our premium readers to go long cash, but now I personally am turning hyperbullish on precious metals, precious metals stocks and aggressive on shorting the overall stock market and I will write more about this in the April issue of TDV. (For more information on our subscriber area, click here.)

Capital controls have been ratcheted up across the entire world. We've been covering the slow progression here, and with Foreign Account Tax Compliance Act coming into full effect July 1st, 2014, we believe we are in the final months when Americans can easily get their money outside of the US. If you have assets in the US, you're on the precipice of being too late! You should be running, not walking, to the lifeboats. Remember, even the US government will be forced to abandon the dollar.

http://dollarvigilante.com/blog/2014/4/16/even-the-us-government-will-abandon-the-dollar.html

palani
19th April 2014, 06:34 AM
The dollar was abandoned in 1933. The chickens are just now coming home to roost. There can be no law with any entity that is bankrupt. That is why everything is handled in equity and with trusts.

7th trump
19th April 2014, 06:59 AM
The dollar was abandoned in 1933. The chickens are just now coming home to roost. There can be no law with any entity that is bankrupt. That is why everything is handled in equity and with trusts.

The dollar was abandoned in 1933 huh?
That's funny because the paper in my pocket says 1 "dollar", 5 "dollar" and even 10"dollar".

Funny you bring up "equity and trusts"....the US Constitution is a trust that recognizes a law form known as "equity".


Article III.

Section. 1.

The judicial Power of the United States shall be vested in one supreme Court, and in such inferior Courts as the Congress may from time to time ordain and establish. The Judges, both of the supreme and inferior Courts, shall hold their Offices during good Behaviour, and shall, at stated Times, receive for their Services a Compensation, which shall not be diminished during their Continuance in Office.

Section. 2.

The judicial Power shall extend to all Cases, in Law and Equity, arising under this Constitution, the Laws of the United States, and Treaties made

Me thinks you should rethink what you said about an entity being bankrupt because that's not how the Constitution reads.


Equity law is a form of dispute resolution in which an aggrieved party is asking his opponent for something other than money. Equity law is often referred to as means of acquiring justice through principles of fairness. A person seeking equitable relief is typically asking a judge to order his opponent to do--or to refrain from doing--something

palani
19th April 2014, 07:10 AM
The dollar was abandoned in 1933 huh?
That's funny because the paper in my pocket says 1 "dollar", 5 "dollar" and even 10"dollar".
Gold sinks. Paper floats. Why would you believe they are the same?


Funny you bring up "equity and trusts"....the US Constitution is a trust that recognizes a law form known as "equity". Whatever makes you believe the US Constitution applies to anything? This document purports to establish a uniform rule where everyone is bankrupt and they have succeeded for the most part. I find no pleasure in partaking in the benefits of a bankrupt entity so I don't.


To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;

Me thinks you should rethink what you said about an entity being bankrupt because that's not what I read. Should I base my actions upon what you have read?

7th trump
19th April 2014, 02:33 PM
Gold sinks. Paper floats. Why would you believe they are the same?

Whatever makes you believe the US Constitution applies to anything? This document purports to establish a uniform rule where everyone is bankrupt and they have succeeded for the most part. I find no pleasure in partaking in the benefits of a bankrupt entity so I don't.


Should I base my actions upon what you have read?

I thought you'd reply like you do....cant refute what I say against your theory...so your left with just more palanieese.

palani
19th April 2014, 02:42 PM
I thought you'd reply like you do

Am I responsible for your thoughts?