The first 12 hours of a U.S. dollar collapse! , page 1


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reply posted on 25-11-2010 @ 08:17 AM by sekos
reply to post by Mythkiller


It could be a real scenario. Get ready for it, but don't panic. Live your life.

Thanks for sharing that.

Sekos




reply posted on 25-11-2010 @ 08:51 AM by Angry Danish
reply to post by Mythkiller



I wonder how they chose the dollar values for gold, silver, etc. $4000 / ounce for gold, kinda sensationalist.

I'm not sold on the fiat currency implosion just yet... while the system is wrought with untold amounts of corruption, scams and what-not... that has a stabilizing effect as well. When there are no rules for those who are running the game, they can keep changing them and always find something to keep the system going. Following the rules is what will make the system collapse, and to be honest, I don't see that happening any time soon.


reply posted on 25-11-2010 @ 01:03 PM by Lil Drummerboy
reply to post by babybunnies


With a response like that,
You just put your IQ out here
nice,.
you must have looked in the mirror when you said that

silly poster

edit on 25-11-2010 by Lil Drummerboy because: (no reason given)



reply posted on 25-11-2010 @ 01:29 PM by Mez353
reply to post by Angry Danish



Gold prices have more than doubled within 10 years wihout a SHTF worldwide moment. The last 3 years have pushed it upwards but stocks have also remained steady and so has the Dow and dollar index. This scenario is all about a dollar crash which means investor confidence remains in the only form of currency worth anything that the US has, which is gold, hence the price surge. Not at all sensationalist, actually I would expect it to go higher, especially if there was a hyperinflation precipice reached.Hyperinflation is NOT an extension of inflation, they are separate animals. Hyperinflation is when there is ZERO requirement for the currency from outside of that nation, hence the trillion dollar Zimbabwean notes, the Wiemar era of wallpapering or stoking the stove with money b ecause no one wants it or needs it.



reply posted on 25-11-2010 @ 03:08 PM by Cocasinpry
reply to post by Angry Danish



Not sure but...

Since money is but a piece of paper with some 'value' added to it so it has no real value per se as where Gold is a real commodity, it is also a very rare one. The less of something there is in circulation, the more it is worth. People will want to sell their dollar (value goes down) and buy more gold (value goes up).

Knowing how much currency and gold is in current circulation, one could estimate it`s value if such a collapse were to happen.
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