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The USD (US Dollar) is Crashing as we sit.

 
Anonymous Coward
User ID: 961432
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09/22/2010 07:11 PM
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Re: The USD (US Dollar) is Crashing as we sit.
This could put us into a depression if the dollar loses too much of its value.


I thought we were already in a depression.

blink


No not yet. We are still in a recession with deflation. Of course they will have you believe it ended June 2009.


We are repeating history here ladies and gentlemen. We learned NOTHING from the 30's and the great depression.

History will repeat itself. And this time the bubble is MUCH bigger.
 Quoting: FatalWishes


I would beg to differ. The only thing that has kept the GDP prints positive has been the deficit spending at around 10% of GDP. Take that spending out (it's debt anyway) and we are printing negative GDP quarter after quarter.
FatalWishes  (OP)

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09/22/2010 07:16 PM
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Re: The USD (US Dollar) is Crashing as we sit.
This could put us into a depression if the dollar loses too much of its value.


I thought we were already in a depression.

blink


No not yet. We are still in a recession with deflation. Of course they will have you believe it ended June 2009.


We are repeating history here ladies and gentlemen. We learned NOTHING from the 30's and the great depression.

History will repeat itself. And this time the bubble is MUCH bigger.


I would beg to differ. The only thing that has kept the GDP prints positive has been the deficit spending at around 10% of GDP. Take that spending out (it's debt anyway) and we are printing negative GDP quarter after quarter.
 Quoting: Anonymous Coward 961432


Yeah and the Fed has been buying it's own debt. This depression will last much longer and be much worse.
They should take the warning labels off of everything and let stupidity sort itself out.
Anonymous Coward
User ID: 254879
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09/22/2010 07:18 PM
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Re: The USD (US Dollar) is Crashing as we sit.
This could put us into a depression if the dollar loses too much of its value.


I thought we were already in a depression.

blink


No not yet. We are still in a recession with deflation. Of course they will have you believe it ended June 2009.


We are repeating history here ladies and gentlemen. We learned NOTHING from the 30's and the great depression.

History will repeat itself. And this time the bubble is MUCH bigger.


I would beg to differ. The only thing that has kept the GDP prints positive has been the deficit spending at around 10% of GDP. Take that spending out (it's debt anyway) and we are printing negative GDP quarter after quarter.


Yeah and the Fed has been buying it's own debt. This depression will last much longer and be much worse.
 Quoting: FatalWishes

This will be a system change. No Cash. Everything and everywhere you go will be monitored. The only good think will be that the IRS will be eliminated, but they will take your money directly.
Anonymous Coward
User ID: 850931
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09/22/2010 07:22 PM
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Re: The USD (US Dollar) is Crashing as we sit.
[link to stockcharts.com]


Down to 79.81 Looks like it jumped off a cliff the last couple of days.
 Quoting: FatalWishes

The whole world - all indexes, markets, currency as we know will take a shit when the buck reach 74.50
U know why?
The whole planet,everybody, accumulate d dollar as a currency of choice for more than 60 years.
Now we all know, THE BOMB IS TICKING AND THERE IS NO STOP TILL THE WHOLE WORD CRASH DOWN.
After that? NWO
Anonymous Coward
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09/22/2010 07:24 PM
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Re: The USD (US Dollar) is Crashing as we sit.
[link to stockcharts.com]


Down to 79.81 Looks like it jumped off a cliff the last couple of days.

The whole world - all indexes, markets, currency as we know will take a shit when the buck reach 74.50
U know why?
The whole planet,everybody, accumulate d dollar as a currency of choice for more than 60 years.
Now we all know, THE BOMB IS TICKING AND THERE IS NO STOP TILL THE WHOLE WORD CRASH DOWN.
After that? NWO
 Quoting: Anonymous Coward 850931


After that? NWO - no.

After that - world wide war to destabilize sovereign governments in order to prepare them for the NWO.
Trailer-trash

User ID: 1103515
United States
09/22/2010 07:26 PM
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Re: The USD (US Dollar) is Crashing as we sit.
This could put us into a depression if the dollar loses too much of its value.


I thought we were already in a depression.

blink


No not yet. We are still in a recession with deflation. Of course they will have you believe it ended June 2009.


We are repeating history here ladies and gentlemen. We learned NOTHING from the 30's and the great depression.

History will repeat itself. And this time the bubble is MUCH bigger.
 Quoting: FatalWishes

Wait...but? uuhh


n.b.e.r of cambridge? ok..how much did these shills get to make the market go up 90 points?

Wed Sep 22, 2010, 06:00 AM EDT

link.. [link to www.salemnews.com]



The experts at the National Bureau of Economic Research in Cambridge tell us the Great Recession ended last June. But even President Obama, with all he has at stake politically, isn't ready to lead the nation in a chorus of "Happy Days Are Here Again."
FatalWishes  (OP)

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09/22/2010 07:27 PM
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Re: The USD (US Dollar) is Crashing as we sit.
Ya'll are just too cheery.

hiding
They should take the warning labels off of everything and let stupidity sort itself out.
FatalWishes  (OP)

User ID: 626707
United States
09/22/2010 07:28 PM
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Re: The USD (US Dollar) is Crashing as we sit.
Wait...but? uuhh


n.b.e.r of cambridge? ok..how much did these shills get to make the market go up 90 points?

Wed Sep 22, 2010, 06:00 AM EDT

link.. [link to www.salemnews.com]



The experts at the National Bureau of Economic Research in Cambridge tell us the Great Recession ended last June. But even President Obama, with all he has at stake politically, isn't ready to lead the nation in a chorus of "Happy Days Are Here Again."
 Quoting: Trailer-trash


Right, and from what I can see, the Lay Offs keep coming as well.
They should take the warning labels off of everything and let stupidity sort itself out.
Anonymous Coward
User ID: 1106541
United States
09/22/2010 07:29 PM
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Re: The USD (US Dollar) is Crashing as we sit.
the dollar will crash when the corrupt elite want it to crash....

this isnt a crash, you freaking doomtard bonheads.

YOU WILL KNOW A CRASH WHEN IT COMES...CAUSE YOU WONT BE ABLE TO PAY YOUR INTERNET BILL AND WASTE TIME ON THIS LOONEY TOON WEBSITE TALKING BULLSHIT ALL DAY.
NOMOREASlave

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09/22/2010 07:30 PM
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Re: The USD (US Dollar) is Crashing as we sit.
MMM BloomBerg getting on the boat.

Sinai Says Fed's Sept. 21 Statement Means `Gotta Buy Gold'

The Federal Reserve’s statement yesterday that inflation is below levels consistent with the central bank’s mandate for price stability means it’s time to buy gold, said Allen Sinai, chief global economist at Decision Economics Inc. in New York.

“That’s code for we don’t want to go the way of Japan so we’re going to print money,” Sinai said in a radio interview today on “Bloomberg Surveillance” with Tom Keene. “You gotta buy gold when those two central banks are doing what they’re doing.”

the rest [link to www.bloomberg.com]
Anonymous Coward
User ID: 1103103
Canada
09/22/2010 07:48 PM
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Re: The USD (US Dollar) is Crashing as we sit.
Sorry but I'll be investing in Gold and Chinese stocks.

The usa is on it's way OUT
Anonymous Coward
User ID: 1107110
Australia
09/22/2010 07:55 PM
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Re: The USD (US Dollar) is Crashing as we sit.
solar flares will take out electricity..no power=
no petrol
no wages
no jobs
no food

when the usa goes broke, there will be ..
no petrol
no wages
no jobs
no food

lotsa luck y'all
Trailer-trash

User ID: 1103515
United States
09/22/2010 07:56 PM
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Re: The USD (US Dollar) is Crashing as we sit.
Wait...but? uuhh


n.b.e.r of cambridge? ok..how much did these shills get to make the market go up 90 points?

Wed Sep 22, 2010, 06:00 AM EDT

link.. [link to www.salemnews.com]



The experts at the National Bureau of Economic Research in Cambridge tell us the Great Recession ended last June. But even President Obama, with all he has at stake politically, isn't ready to lead the nation in a chorus of "Happy Days Are Here Again."


Right, and from what I can see, the Lay Offs keep coming as well.
 Quoting: FatalWishes

So..the real money..cuz china won the war..yes china..no bombs..no nukes..no landing on the beaches with military..NOPE.

They watched nixion commit hari cari...oil embargo..watergate..then used the might of there workers..and exports.

made all the middlemen rich..and the american goverment loves import tarrifs..and taxes.

till we were overrun...with toxic inferior goods..

NOW THE PAID EXPERT SHILLS LIE TO OUR FACES FOR THERE SCRAPS!

Last Edited by Trailer-trash on 09/22/2010 07:57 PM
bot9

User ID: 898033
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09/22/2010 08:38 PM
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Re: The USD (US Dollar) is Crashing as we sit.
funny though, I'm really not that sad. kinda tired of the corruption. however......it'll probably be much worse than i imagine and i'll regret that statement.
FatalWishes  (OP)

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09/22/2010 08:48 PM
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Re: The USD (US Dollar) is Crashing as we sit.
the dollar will crash when the corrupt elite want it to crash....

this isnt a crash, you freaking doomtard bonheads.

YOU WILL KNOW A CRASH WHEN IT COMES...CAUSE YOU WONT BE ABLE TO PAY YOUR INTERNET BILL AND WASTE TIME ON THIS LOONEY TOON WEBSITE TALKING BULLSHIT ALL DAY.
 Quoting: Anonymous Coward 1106541


stfu
They should take the warning labels off of everything and let stupidity sort itself out.
FatalWishes  (OP)

User ID: 626707
United States
09/22/2010 08:49 PM
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Re: The USD (US Dollar) is Crashing as we sit.
MMM BloomBerg getting on the boat.

Sinai Says Fed's Sept. 21 Statement Means `Gotta Buy Gold'

The Federal Reserve’s statement yesterday that inflation is below levels consistent with the central bank’s mandate for price stability means it’s time to buy gold, said Allen Sinai, chief global economist at Decision Economics Inc. in New York.

“That’s code for we don’t want to go the way of Japan so we’re going to print money,” Sinai said in a radio interview today on “Bloomberg Surveillance” with Tom Keene. “You gotta buy gold when those two central banks are doing what they’re doing.”

the rest [link to www.bloomberg.com]
 Quoting: NOMOREASlave



Zimbabwe comes to mind.
They should take the warning labels off of everything and let stupidity sort itself out.
FatalWishes  (OP)

User ID: 626707
United States
09/22/2010 08:49 PM
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Re: The USD (US Dollar) is Crashing as we sit.
Sorry but I'll be investing in Gold and Chinese stocks.

The usa is on it's way OUT
 Quoting: Anonymous Coward 1103103



I'm tied up in all China stocks atm.
They should take the warning labels off of everything and let stupidity sort itself out.
Anonymous Coward
User ID: 898033
United States
09/22/2010 09:06 PM
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Re: The USD (US Dollar) is Crashing as we sit.
Sorry but I'll be investing in Gold and Chinese stocks.

The usa is on it's way OUT



I'm tied up in all China stocks atm.
 Quoting: FatalWishes

interesting play. why not just invest in silver? it's the most conservative and aggressive investment, at the same time.
Sirpipsalot

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09/22/2010 09:26 PM
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Re: The USD (US Dollar) is Crashing as we sit.
No it's not, at this time last year it was $1.50 to the euro now it's $1.34 and in 1995 it was $1.45 vs the eur, now if you are talking vs gold that's another story but that would put all currencies in that basket, not just the dollar.
Sirpipsalot

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09/22/2010 09:39 PM
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Re: The USD (US Dollar) is Crashing as we sit.
And if you are thinking of investing in gold and silver at these prices, be careful, the shakeout will be brutal and violent.
In the long term it will be fine, but not for the faint of heart.

Last Edited by Sirpipsalot on 09/22/2010 09:41 PM
FatalWishes  (OP)

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09/22/2010 09:40 PM
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Re: The USD (US Dollar) is Crashing as we sit.
Sorry but I'll be investing in Gold and Chinese stocks.

The usa is on it's way OUT



I'm tied up in all China stocks atm.

interesting play. why not just invest in silver? it's the most conservative and aggressive investment, at the same time.
 Quoting: Anonymous Coward 898033


Silver and Gold are balloons. I learned a long time ago to not buy at the top. I'm a selling gold, not buying it. I was bullish when it was 920.00 an ounce...now at 1300?? Time for profit taking. Same with silver.

Time to sit in foreign equities.

Remember when oil went to 150 and people were screaming to buy?

I think there is a lot of upside left to gold with the FED printing money non stop I just don't know how much. Nobody knows.

I've got plenty of gold coins to sit on jic.

Last Edited by FatalWishes on 09/22/2010 09:42 PM
They should take the warning labels off of everything and let stupidity sort itself out.
Burt Gummer

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09/22/2010 09:51 PM
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Re: The USD (US Dollar) is Crashing as we sit.
The USD (US Dollar) is Crashing as we sit.

We have to stop this. Everyone stand up!!!
 Quoting: UNThredded


The only way to stop this is to REPEAL ALL THE NEW SPENDING BILLS....including and ESPECIALLY ObamaCare.....and make a 10% cut across ALL FEDERAL GOVERNMENT BUDGETS!


That will a help a great deal....but unless it is done ASAP...there is NO STOPPING what is coming.

sheetst
Anonymous Coward
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Canada
09/22/2010 09:52 PM
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Re: The USD (US Dollar) is Crashing as we sit.
pphhhttt!-79.782 is nothing..it was 72 a few years back..be worried if it goes lower than 65 though

google USDX INO
Anonymous Coward
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United States
09/22/2010 09:54 PM
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Re: The USD (US Dollar) is Crashing as we sit.
the dollar will crash when the corrupt elite want it to crash....

this isnt a crash, you freaking doomtard bonheads.

YOU WILL KNOW A CRASH WHEN IT COMES...CAUSE YOU WONT BE ABLE TO PAY YOUR INTERNET BILL AND WASTE TIME ON THIS LOONEY TOON WEBSITE TALKING BULLSHIT ALL DAY.
 Quoting: Anonymous Coward 1106541


What he said.
Anonymous Coward
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09/22/2010 09:54 PM
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Re: The USD (US Dollar) is Crashing as we sit.
I do believe the end game is to make the usa dollar par with all the other currencys in the world. Ala new world currency.
Anonymous Coward
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09/22/2010 09:56 PM
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Re: The USD (US Dollar) is Crashing as we sit.
The USD (US Dollar) is Crashing as we sit.

We have to stop this. Everyone stand up!!!


The only way to stop this is to REPEAL ALL THE NEW SPENDING BILLS....including and ESPECIALLY ObamaCare.....and make a 10% cut across ALL FEDERAL GOVERNMENT BUDGETS!


That will a help a great deal....but unless it is done ASAP...there is NO STOPPING what is coming.

:sheetst:
 Quoting: Burt Gummer


Thats not the plan. The plan is to make the usa dollar equal or a new currency to take its place. Thats been the plan all along. They want to deleverage the usa dollar. Its the plan for the new world order.
sum_peeps

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09/22/2010 10:14 PM
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Re: The USD (US Dollar) is Crashing as we sit.
I'm thinking they'll crash the economy b/c it will give them a reason to call in martial law and it will devalue the dollar making it so that they can change to the Amero or whatever. Not so sure that they will go for a full on Orwellian NWO, might be too much of a shock, they seem to do things in gradual steps.

Last Edited by sum_peeps on 09/22/2010 10:14 PM
Burt Gummer

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09/22/2010 10:19 PM
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Re: The USD (US Dollar) is Crashing as we sit.
the dollar will crash when the corrupt elite want it to crash....

this isnt a crash, you freaking doomtard bonheads.

YOU WILL KNOW A CRASH WHEN IT COMES...CAUSE YOU WONT BE ABLE TO PAY YOUR INTERNET BILL AND WASTE TIME ON THIS LOONEY TOON WEBSITE TALKING BULLSHIT ALL DAY.


What he said.
 Quoting: Anonymous Coward 380667


+1

You won't have money for internet access...or time.
You will be too busy doing things the way they did 100 years ago to feed, cloth and shelter your family.

Stupid doomtards have NO CONCEPT of real DOOM.
Gonna' be a rude awakening.

Last Edited by Useless Cookie Eater on 09/22/2010 10:19 PM
Anonymous Coward
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China
09/22/2010 10:20 PM
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Re: The USD (US Dollar) is Crashing as we sit.



Look at the Chinese, they've been told to buy gold by their government.
 Quoting: Anonymous Coward 1099810


Utter rubbish.

People are buying gold yes, but still a long way to go before it goes mainstream in China as a matter of urgency.

Don't fall for the BS about the govt telling or asking 'the people' to buy gold. It is BS.
Anonymous Coward
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09/22/2010 10:22 PM
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Re: The USD (US Dollar) is Crashing as we sit.
Its been at 78 before. I am not worried unless it get below 70.





GLP