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Originally posted by gorgi
There is no dollar collapse. The dollar is what most of the world still uses for transactions and with the US being the worlds only super power, the dollar isnt going down. There is so much doomer talk here. Every day the dollar is said to collapse. It still hasnt!!!
Originally posted by camaro68ss
Originally posted by gorgi
There is no dollar collapse. The dollar is what most of the world still uses for transactions and with the US being the worlds only super power, the dollar isnt going down. There is so much doomer talk here. Every day the dollar is said to collapse. It still hasnt!!!
look around you gorgi, the world is in panic, riotes in the streets of london, spain, greece, isreal and all the middle east and your still living in your little happy rainbow land.
Gold is rising because the doller is falling. lol
Originally posted by kinnerarity
Originally posted by camaro68ss
Originally posted by gorgi
There is no dollar collapse. The dollar is what most of the world still uses for transactions and with the US being the worlds only super power, the dollar isnt going down. There is so much doomer talk here. Every day the dollar is said to collapse. It still hasnt!!!
look around you gorgi, the world is in panic, riotes in the streets of london, spain, greece, isreal and all the middle east and your still living in your little happy rainbow land.
Gold is rising because the doller is falling. lol
No one is rioting in Spain, my friend. All is well. A few protests, but no riots, looting, or shenanigans other than that the Italian and French boys had a row in Platja D'aro 2 nights ago.edit on 10-8-2011 by kinnerarity because: (no reason given)
Originally posted by camaro68ss
Originally posted by kinnerarity
Originally posted by camaro68ss
Originally posted by gorgi
There is no dollar collapse. The dollar is what most of the world still uses for transactions and with the US being the worlds only super power, the dollar isnt going down. There is so much doomer talk here. Every day the dollar is said to collapse. It still hasnt!!!
look around you gorgi, the world is in panic, riotes in the streets of london, spain, greece, isreal and all the middle east and your still living in your little happy rainbow land.
Gold is rising because the doller is falling. lol
No one is rioting in Spain, my friend. All is well. A few protests, but no riots, looting, or shenanigans other than that the Italian and French boys had a row in Platja D'aro 2 nights ago.edit on 10-8-2011 by kinnerarity because: (no reason given)
well lets wait a week or two after the Italian and French banks runs implode the system.
Originally posted by camaro68ss
look around you gorgi, the world is in panic, riotes in the streets of london, spain, greece, isreal and all the middle east and your still living in your little happy rainbow land.
Gold is rising because the doller is falling. lol
Originally posted by camaro68ss
Originally posted by gorgi
There is no dollar collapse. The dollar is what most of the world still uses for transactions and with the US being the worlds only super power, the dollar isnt going down. There is so much doomer talk here. Every day the dollar is said to collapse. It still hasnt!!!
look around you gorgi, the world is in panic, riotes in the streets of london, spain, greece, isreal and all the middle east and your still living in your little happy rainbow land.
Gold is rising because the doller is falling. lol
...Given the previous hyperinflation, clearly there was ample reason for currency revulsion. So you can consider this argument a necessary but not sufficient precondition. What makes the universal acceptance stick is that government accepts its own money to expunge liabilities to it. In plain English, fiat money has value because it is the only money you can use to pay taxes. ....The fact that this money is also the medium of exchange only entrenches its use. So the tax liability is a necessary pre-condition for fiat currency to work, something I will return to....
www.creditwritedowns.com...
Originally posted by kinnerarity
What is it with everybody WANTING the world to erupt into chaos!?!? What is with this longing for suffering and bloodshed. The world has enough misery without people sitting in darkened rooms quivering in anticipation of a global socioeconomic collapse.
Originally posted by gorgi
The world isnt in panic. They arent rioting in London because of the economy. There arent any riots in spain or portugal and when isnt there violence in isreal ?
Gold is rising because the people who buy it over the internet in commodity trading are going to hope it goes up in the future to resell or they are going to short it. Its speculation aka gambling.
Originally posted by eldard
Originally posted by gorgi
The world isnt in panic. They arent rioting in London because of the economy. There arent any riots in spain or portugal and when isnt there violence in isreal ?
The riots started after the shooting in an protest about unemployment. So the riots are because of the economy. Albeit indirectly.
Gold is rising because the people who buy it over the internet in commodity trading are going to hope it goes up in the future to resell or they are going to short it. Its speculation aka gambling.
Yes and no. Gold (and the Yen) is rising because investors don't have anywhere else to go.