reply to post by timi0000
Predictions with a date are pretty much lies.
For instance if I said the US empire will crumble on June 14 2012, I would most probably be wrong.
But I will make this prediction, the US empire will crumble.
History says empires generally last 1000 yeears +/- so my statement has some vallidity.
As far as the dollar collapse, it will not happen until the people who own it want it to die.
The prediction was fear mongering.
Why???
I owe for my house in US dollars, if the dollar dies I buy up all of that toilet paper and pay off my home at a cut rate price.
Banks do not want that, ya think?
(Edit)
After thinking about it, maybe the dollar did crash.
Why?
I would buy up all of the dollars I could with what?
GOLD, it surged up quite abit, and folks made tons of cash trading it for US dollars.
Now when gold levels out at a lower normal price, say 350 - 500 an ounce, people will buy it buy the boatload.
See what I did there?
edit on 6-1-2012 by g146541 because: spelling and to add