December 05, 2006

Can the Fed defend the dollar anymore?

26 comments:

Anonymous said...

YES. Because the downside for the rest of the world is the U.S. has a sh*tload of weapons & and bunch of folk with a 3rd grade education running the show...

Anonymous said...

Sure you can, but with some pain.

We did a few decades back

Jacked rates to 12-14%

Roccman said...

Economic collapse is the plan Keith.

The elite will buy back your home for 10 cents on the dollar...the Amero will become the North American Union currency...debtors prisons will make a come back.

Conscription and indebted servitude are the plan Keith.

The only things remaining before the free fall is the completion of military bases in the mid east. Once these facilities are completed the dollar will spiral out of control.

The 29 depression will look like a cake walk compared to what is in store for us.

Anonymous said...

And in my vision I saw a great basket lowered from the heavens. Contained within the basket was a multitude of currencies from the four corners of the world. I heard a voice come down from above which said: "Look, but do not touch, for this basket belongs to others who are more worthy than thee".

Buzz Kill 61:11

Anonymous said...

Opinions, how low will the U.S. dollar fall? Where do we put our dollars now to protect them? Do you exchange them for euro's? And how would you go about doing that? Thanks for the help!

Anonymous said...

anon asked what to do:

get out of the us stock market sell sell sell screw cramer and his ilk. all us stock are overpriced based upon historical averages regardless of the dow at 12200.

what to own? put every penny in the GLD etf or the SLV etf. hold some cash, only in $20 denominations and buy a few hundred silver liberties from NW Ter Mint (free shipping). once you have done this, get some freeze dried food from MOuntain house (will last 15 years).

Anonymous said...

Richard, you are so right. how else do you get the amero into circullation, collapse the $$$ and institue a NEW currency. hold gold or silver during the transition.

how many neighbors do you think own gold or silver?

NONE.

you will be rich beyond your dreams.

Anonymous said...

An easy (and safe,reliable)way to get into Euros is with Everbank (Everbank.com). They have a number of deposit accounts nominated in various currencies. You can also buy gold and silver from them (which they will hold in allocated or unallocated accounts).

Anonymous said...

Is worst over for housing ????

January (Down 15.3% Year Over Year)

February (Down 11.6% Year Over Year)

March (Down 9.9% Year Over Year)

April (Down 23.8% Year Over Year)

May (Down 15.7% Year Over Year)

June (Down 20.9% Year Over Year)

July (Down 27.3% Year Over Year)

August (Down 29.1% Year Over Year)

September (Down 25.9% Year Over Year)

October (Down 18.1% Year Over Year)

November (Down 13.0% Year Over Year)

December it`s winter

Bill said...

bought more silver yesterday 50 silver eagles..i see $100 silver in my future..so buy it while it still is $14- $2.00 over spot so $16 an ounce..soon you will be laughing all the way to the bank..i know i will oh and a safe to keep it in.

Anonymous said...

Yes, the jews at the fed CAN pull the dollar back from the jaws of death, but they will not. Not this time, the jews are finally pulling the plug on the dollar, hell they've devalued it 97% since creating it. It's now time for them to start anew with a fresh currency and rob the population blind all over again.

Bill said...

what to own? put every penny in the GLD etf or the SLV etf:

-----------

No offence Anon your Paper EFT is the same as the dollar worthless if a major crash happens: please read!

http://tinyurl.com/ymya7f


on hand metal is where it is at..but to each his own..i got mine!

Anonymous said...

what to own?
--------------

weapons, ammos, magazines, food, water, formula, shelter, toilet paper.

The Basics

Anonymous said...

Anonymous said...
Richard, you are so right. how else do you get the amero into circullation, collapse the $$$ and institue a NEW currency. hold gold or silver during the transition.
-----------------

You know what? F-it! I'll move to Mexico. If I'm going to be a Second Wolder, I minus well be a WARM Second Worlder!

F Chicago!

Anonymous said...

Ya, hell by that time all the criminal mestizo wetbacks will probably be here in the jew.s.a.

Anonymous said...

I already have quite a bit of silver from NWTM, bought at less than 10 bucks .. Just trying to get a take on how low the dollar will go. Is raising interest rates the only way to stop the dollar slide? Thanks for everbank.com..

Anonymous said...

weapons, ammos, magazines, food, water, formula, shelter, toilet paper.

I have a terrible paranoia about a toilet paper shortage myself.

Anonymous said...

Buy the most expensive house you can afford. Put the minimum down and take the longest amortization schedule. You'll be paying it off in 2010-20 dollars which everyone agrees will be worthless, so it's almost like getting the house for nothing.

Then lease an SUV. The bigger the better. You'll need it to push all the other cars out of the way at the gas line.

In fact, you should buy all the stuff you want right now and all on plastic. Get a hooker, buy a PS3 on Ebay, go to WalMart and load up the cart. After the monetary system collapses no one will come looking for the money.

And when everyone else is eating freeze-dried jerky, you'll still have the jetski.

The German thinker August Bebel observed that anti-Semitism is the socialism of fools.

Anonymous said...

I wonder how much the jews paid him to say that?

Anonymous said...

borka- i'm with you on the physical brother, just figured there are alot of cramer-zombies that have no idea how good it feels to actually hold a silver or gold eagle.

every dip is a gift, just buy it.

go ahead and buy the biggest house, then take out a equity line and buy all the silver you can get with it. in a couple of years you can pay off all the debt with worthless paper

Anonymous said...

great link borka


THANKS!!

i'm gonna buy a green monster today!

wahoooo

Markus Arelius said...

1981 my friends.

19 f*ing 81.

Anonymous said...

1981 x 2 baby

silver to $100

Gold over $2000

Anonymous said...

The US dollar has gone down 11% this year, and this fund has gone up 11% as it is designed to work to the inverse of the USD.

If you had $100K in USD, and bought $50K in this fund, both would cancel each other out and keep you where you were, at least against other global currencies


As the dollar falls, and you gain dollars, wouldn't that be taxed???? I don't see how you keep up then. It's better than just letting your dollars devalue to nothing, but shows what a bunch of clever pricks are in charge.

foxwoodlief said...

Why do they want to?

Cheap dollars leads to more exports and fewer imports.

Our debts are fixed in dollars so the creditors loose.

I don't think we'll intervene. Of course christians may believe this is all part of Satan's grand plan to introduce the mark of the beast where no man can buy or sell without that mark.(G)

Anonymous said...

Anon @ 8:40:57 PM

ITS VERY SIMPLE. BUY GOLD AND SILVER,
AND HOLD THE FIZ. WHEN THEY GO UP
500%, THE 30% TAX WILL SEEM SMALL
IF YOU ARE LUCKY. IF YOU (WE) ARE
LESS LUCKY, YOU WILL BE UNTAXED ON
THE BLACK MARKET.

THE QUESTION IS, ONCE USD BREAKS 80,
DOES IT BOUNCE OFF 77 OR 50?? THIS IS
THE BIG QUESTION IMHO.

-MAHA