Log in

View Full Version : US Dollar Money System Failing In Spades



old steel
4th December 2014, 12:11 AM
Something has got to give.



https://www.youtube.com/watch?v=k6ZM5t1SYdw

expat4ever
4th December 2014, 03:32 AM
I cant say that he's wrong entirely. A couple odd things though. If Asia is paying 50% over spot why can we still buy Chinese Pandas for 1270 or so? They love Americans so much they are discounting their gold by 50% so they can subsidize us? Or, there really are no buyers at 1800 in Asia right now? If gold was truly going at that price over there then we would see a Chinese exodus from the US with as much gold as they can carry.

This guy goes on to say that they are just trying to buy a little more time. Time for what? They have all the money and stuff they could ever want, what do they need more time for?
He also seems to get angry at the fraud then goes on to say that its always been that way. But now somehow things are going to change?

I also dont think the sheep will wake up unless its on CNN. Even though more people are aware, many still dont want to believe it and they wont until it hit the MSM. With the dollar surging right now and gas prices dropping along with the metals it's hard to get anyone to buy into any of this stuff.
All that being said I am a buyer at these levels. All silver though , no gold. I'll swap the silver for gold when the time is right.

JohnQPublic
4th December 2014, 10:06 AM
Maybe it is 50% over because they are buying by the gram at this point?

Sparky
4th December 2014, 10:55 AM
Maybe it is 50% over because they are buying by the gram at this point?
He's talking about multi-tonne purchases. I agree with expat; I don't understand this. He doesn't explain why Western suppliers sell their gold at spot, while they could command 50% more by selling to the East. He says that at some point they won't, so the implication that their is no obstacle for them to do this now.

I don't disagree that something like this is going on, by I would like a clearer explanation of how/why this is sustained, and what circumstance will cause this to change.

expat4ever
4th December 2014, 01:11 PM
I do think something like this is needed but I have been waiting for it to happen for awhile. I thought in 07-09 that they were just buying time. That was 7 years ago and IMO that is enough time for them to do whatever they needed to do.
They have been at it in the US for at least 100 years and my guess is in 100 years we will still be wishing the bastards would fail but they control shit. In fact they control most shit and if they decide to throw it at the fan then that is when it will hit.
Look at it like a chess game. Doesnt matter what the Chinese or Russia are doing today, look 10 or even 20 moves ahead. Not an easy task when we cant say for certain even what the next move is. I think the opnly way we can approach it is to look at all the possible next moves and so on.

So all possible next moves. Lets start here..

China, Russia and many other countries are buying or bringing their gold home. India and Thailand are always buyers right down to the guy/girl on the street.

Gold is being artificially depressed. Maybe so the Elite can cash out the dollars and get into gold cheaper?

Currently the GSR is very skewed towards buying silver. Why? (My personal opinion is it will rebound)

Why is the dollar so strong and oil so cheap right now? I dont know shit about bonds and treasuries but would this make investments in them more or less atrractive? If more attractive then the US can sell more debt and keep giving it all away to the free shit army and MIC.

Feel free to comment or add to the list. Oh and I dont think launching nukes would aid any country in the long run. I just dont see the elite nuking themselves back to the stone age along with everyone else.

Sparky
4th December 2014, 01:44 PM
...
Lets start here..

China, Russia and many other countries are buying or bringing their gold home. India and Thailand are always buyers right down to the guy/girl on the street.

Gold is being artificially depressed. Maybe so the Elite can cash out the dollars and get into gold cheaper?

Currently the GSR is very skewed towards buying silver. Why? (My personal opinion is it will rebound)

Why is the dollar so strong and oil so cheap right now? I dont know shit about bonds and treasuries but would this make investments in them more or less atrractive? If more attractive then the US can sell more debt and keep giving it all away to the free shit army and MIC.
...

The dollar is so strong now because of the extreme fiat de-basing that is going on with the Yen, and the precarious economic situation in Europe which is undermining the Euro. Remember, USD strength is a relative metric, and is measured against primarily the Yen and Euro. The USD strength is helping to cheapen oil in dollar terms. But the fundamental downward push (I think) in oil is the attempt by the Saudis to undermine US/Canada shale/fracking (which is only profitable above the $70-$80 range) and to punish the economies of oil-producing antagonists (e.g. Russia, ISIS, etc.)

Something is going on with gold. I think we are viewing a battle of the Titans between entities who want to undermine the dollar (Russia, China, etc.) and those who benefit from continuing US Dollar hegemony. This battle is a component of the historic times that will be playing out over the next 15 years of this Fourth Turning, which began with the 2007-08 global financial crisis. Other symptoms are the class wars, race wars, ethnic wars, and religious wars that are taking shape all across the globe.