![dollar-gasp[1].jpg](https://i.imgur.com/JZdATqX.jpg "dollar-gasp[1].jpg")
Did You know that the USD will collapse [b]100%[/b] by the end of this month? Now you do.
https://www.youtube.com/watch?v=9Z5py1098RA
Buy silver!
[spoiler]I first saw these videos just today. They've been uploaded mainly by two different YT channels, Money news and Economy News Today, all with a title along the lines of "US dollar will collapse 28 of May". None of the videos I've seen so far have actually contained the date mentioned in the titles, which leads me to conclude that it's all a big clickbait scam. Furthermore, a perfunctory Google search has failed to yield a relevant match.
Nevertheless the USA has a debt that is counted in the millions of millions, so I can't dismiss these claims easily. Can you please weigh in on this?[/spoiler]
Yes, I do think /pol/ is the correct place to ask this.
Ron Paul has been scream and yelling about the gold standard... too bad that it's the Chinese who took the advise meant for America.
China is printing notes backed with gold.
So yeah, pepper your anus. Shit might his the fan but this gold backed Yuan scare could just be disinformation.
Then again... US media ain't covering it.
Whatever... not like I care. Meh.
Do you know how many times people have cried Wolf! on this shit?
It's not fucking happening.
>>73073132
List of failed countries whose currency collapsed and whose citizens carried on business by trading gold and silver:
1.
>>73073436
Wrong thread autist
>>73073132
damn this must be true some asshole in finland thinks so......
ALL BEWARE THE 28ND
28ND
28ND
28ND
>>73073132
/pol/ has never been right about happenings
ever
fuck off with this, it belongs on /biz/ anyway
also
>in may 2016
nice engrish
>>73073517
this
>>73073132
Hi FSB shill. Hope you love selling your soul for $1,000 a month. Putin whore.
>>73073517
so all I have to do to make people think it can't happen is tell people over and over that it will happen?
wow, good tactic
>>73073517
>>73073961
oh, and in the story you are citing
IT FUCKING HAPPENED
you morans
>>73073132
It's 100% true. You should empty your savings and buy physical gold and silver RIGHT NOW.
>>73074085
>morans
face it abdul, nothing will fucking happen
NOTHING EVER FUCKING HAPPENS, I seriously wish mods would either ban or move these threads to where they fucking belong.
>>73074271
>I seriously wish mods would either ban or move these threads to where they fucking belong.
he says whilst bumping the thread
what a fucking grade F moran
there was a wolf! the boy got eaten
>>73074856
I saged you fucking retard
do you not know what sage does?
good there is only $1.12 in my bank account simply to keep it from closing ha ha hahaa haa
kill pls
>>73073132
By the end of this month? Seems a little early. I suspect the FED will send interest rates sky high to crash the economy if it becomes apparent Trump will win the general.
>>73075730
kill yourself if you actually believe any of this
>>73075442
does it make food more tasty?
is it a condijment for burgers?
>>73075934
I wish
>>73075442
I looked it up, and apparantly it's some kind of herb
>>73076181
I still have no idea if it's pronounced Sage as in "a wise old sage", or sah-gay. I always went with the former because /tg/.
>>73073436
Looks like the Hillary shill bots are writing adaptive responses but fail to post them in the correct thread. Lmao just give up already
Do you guys read the news and keep up with conspiracy theories?
Apparently, the Arab Spring and the Panama Paper incidents could have been linked to gold. As in, the world elite punished countries and politicians in countries in which money was backed by gold or going to be backed by gold.
If China wants to print gold backed money, then some in the West will be extremely pissed off.
So we should all prepare for WW3.
- trade war
- currency wars
- all shit ton forms of war
Venezuela is in the shitter, filled with oil, ripe for military intervention.
So...all you fuckers, go enlist in the army. A war is coming.
This isn't even a secret. This is why this US election is such a shitfest.
Hillary is a mean globalist and with her husband, they both represent the top 1% or the top 1%.
There might be shit going down. East vs West, Red vs Blue, God vs Man.
I'm gonna go hide in the mountains and meditate.
>>73073436
SHE SMEARS HER CAMPAIGN PRETTY WELL WITHOUT THE HELP OF REPUBLICANS. AND YES SHE IS DEFINITELY PAYING SHILLS. YOURE ONE OF THEM NIGGER.
>>73073132
No one is being paid to shill for Hillary. It's a Republican-funded lie and a pathetic attempt at smearing her campaign.
>>73075910
>>73073132
nothing will happen and i am willing to bet 1000000 euros
>>73073517
ITS HAPPENING !!!!!!!!!!!! US 10yr Treasury Bonds $1.77 3rd lowest
Bond issued in 2012 peaked
and you guessed it QE 3
haha i'm get me some of those gold buffalo coins on tv. only 20$ a pop. limit 20 per call. the power of gold buddy.
>>73073517
In March or April 2016, China announced it would buy Russian oil with gold backed money.
You know how much this makes the west foam at the mouth?
Qaddaffi got, allegedly, killed for this shit.
Can explain why the 28th?
I don't want to read some gay ass article
I wish this shit could just happen tomorrow
>>73076796
SO It Means QE4 Bitches !!
>>73076464
>So...all you fuckers, go enlist in the army. A war is coming.
the elites are cooking up another war, so go enlist?
wut?
>>73077103
we knox now.
>>73073132
K keep me posted silver shill.
>>73073132
Buy silver goy-uh guys!
t. Shlomo Silverberg
>>73073517
The dollar will go to its intrinsic value, which is close to zero. Timing when it will happen, however, is a fool's game.
Ask yourself this: Why is the USD valuable?
>>73077804
Ask yourself this: why are memes valuable?
>>73077920
Because they're entertaining as all hell and they are magical.
Do you remember last September?
>>73077804
I'm up for a debate with a hyperinflationist. The USD is valuable because if the U.S. government levies a tax on you, you are forced to pay that tax with USD or you'll go to prison. You can't pay it with Euros, Yen, gold, or oil - they will ONLY accept USD, and that's why they're valuable. The USD is your "get out of jail" card when you're faced with a tax.
Awaiting your reply.
>>73078172
This. Last September, all the Austrian doomsday preppers were saying something about a 7-year Jewish cycle that always repeats in September. They claimed 9/11 and the 2008 financial crises were simply part of this "cycle" and therefore we were guaranteed to have a dollar collapse in September 2015. Looks like "May 2016" is the new Schiff/Maloney fantasy timeframe.
>[b]100%[/b]
>>73073386
i agree with Ron Paul on the vast majority of things.
the gold standard is NOT one of them.
it's a stupid idea with absolutely no basis in reason.
he's absolutely right about needing an honest money system, and that the Federal Reserve is one giant scam, but the problem is NOT that the currency isn't backed by gold or some other metal - the problem is that the currency is DEBT-BASED. a nation's currency *should* be backed by the labor and production of the nation, not some arbitrary metal. besides that, the same people who set up the Federal Reserve can bankrupt you just as fast on a gold standard as they can on a fiat system (and the name "fiat" is a stupid term, anyway; wouldn't a gold-backed system likewise be "fiat," as someone has arbitrary said "let it be so" to backing the currency by gold?)
but yes, our currency is doomed, and what happens after it collapses is anyone's guess, since so many assets and commodities worldwide are denominated in dollars.
>>73078214
That's only part of why it is valuable. It is also valuable because there is at least $60 trillion in debt, both public in private, in the US and it is legal tender for all debts public and private. I guarantee that you know a lot of people in debt who will take your USDs because of this. It is also valuable because of its status as the world reserve currency due to the petrodollar system where crude oil is priced in USD. That depends on our relationship with the Saudis, which is strained at the moment.
Keep in mind that the M2 currency supply is ~$11 trillion, and that is where the funds to pay that $60 trillion back is supposed to come from. Start paying those debts down, and M2 currency gets destroyed, making it harder to pay the debts back. Take on more debt and create more M2 currency, but at interest. The system must grow, or collapse. Since continued exponential growth is impossible, the system will eventually come crashing down.
>>73078443
Can you explain to me what a currency backed by the labor and production would look like, and how that would differ from a "debt-backed" currency? What is your issue with a debt-backed currency? I think it sounds a lot scarier than it actually is - in double-entry accounting, every debt is someone else's asset, so you could just as easily say that it's an "asset-based" currency.
>>73073132
Ive spent the last few years being a happener and warning everyone etc. But I don't believe that collapse will happen this month. The government still has two tools left to continue delaying the crisis: QE4 and NIRP. Those two things will delay the inevitable but make the ultimate collapse much more painful.
That said, Im still watching the video. Ill see if he can change my mind.
>>73073132
>the dollar is about to collapse
>I don't say this to scare you
>proceeds to draw the word CHAOS in big letters across the screen
Yeah, okay.
>>73078443
>not some arbitrary metal
Both silver and gold will always be valuable to human societies(along those exist), how much is the only arbitrary thing about it, still much better than the current monetary policy based on a paper intrinsically devoid of any value .
>>73078443
>our currency is doomed, and what happens after it collapses is anyone's guess, since so many assets and commodities worldwide are denominated in dollars.
and after the dollar has died, will people still like wonderful shiny metals?
>>73078708
>>73078443
oh look, fiat money is unconstitutional
"No State shall...coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts....
ARTICLE I, SECTION 10, CLAUSE 1"
>>73078708
>That's only part of why it is valuable. It is also valuable because there is at least $60 trillion in debt, both public in private, in the US and it is legal tender for all debts public and private. I guarantee that you know a lot of people in debt who will take your USDs because of this
This is valid, but I consider this "secondary" to the reasons I gave because it's technically possible that the lenders you describe would accept something else in the payment of those debts, whereas the U.S. government will never accept anything other than dollars. Either way, though, this supports my side that the dollar is valuable, so I don't want to linger too much.
>It is also valuable because of its status as the world reserve currency due to the petrodollar system where crude oil is priced in USD. That depends on our relationship with the Saudis, which is strained at the moment.
Keep in mind that it's not as if the world arbitrarily bestowed the petrodollar system and the "world reserve currency" status on the US for no reason, and therefore we enjoy an unfair advantage. It's the other way around - because our currency is so valuable, our military is so powerful, and our industrial base is so massive and diverse, the USD *became* the world reserve currency. Could that change someday in the future? Sure, it has already started. It would just mean that the USD would become more like any of the other hundreds of fiat currencies around the world that people value. The Yen, the Euro, the Pound, the Kiwi, the Ozzie, etc. aren't the reserve, and they aren't collapsing just because they're debt-based.
1/2
Silver is a retarded investment. If the dollar were to crash to the point where using silver as currency is more viable we would be facing a true apocalyptic end of the nation type of scenario.
That's just not going to happen.
>>73073902
>>73073902
>>73073902
>>73073902
>>73073902
When has /pol/ EVER been right about a habbening.
I'll wait.
>>73073132
good thing i got a strap
>>73078443
debt based currency IS backed by labour, you fuckin idiot
the reason the US can accrue this debt is because; surprise surprise; they use our labor and production as collateral
hurrdurr
>>73079542
>That's just not going to happen.
how do you know?
is your proof that you are personally incredulous of the claim?
MARTIAL LAW, RFID CHIPS, OBAMA WILL STAY IN POWER
>>73079531
>This is valid, but I consider this "secondary" to the reasons I gave because it's technically possible that the lenders you describe would accept something else in the payment of those debts, whereas the U.S. government will never accept anything other than dollars. Either way, though, this supports my side that the dollar is valuable, so I don't want to linger too much.
Actually, if I offer to pay off a debt or part of a debt with USD, and the creditor says "no, I want gold," the debt, or whatever portion of the debt that I offered to pay off is null and void. We can prearrange to pay via other means, and I could agree to pay in gold, but why would I do that when I've just extinguished a debt without paying?
Furthermore, the IRS can come in and start seizing assets to auction them off.
>>73078443
The scary shit is that its believed China won't take dollars for gold backed yuan. No fiat money for gold backed money. The money backed by gold is gonna be used to trade oil and shit.
US economy could go to shit because the US money won't be backed by labor or gold.
China is hoarding gold, has shit tons of laborers, produces a shit ton of food, etc.
Even if there isn't a world war and the power shift to the East happens peacefully... shit is gonna get hairy. Lots of places will become very unstable.
Maybe Bernie Sanders is the best choice because the future may be inevitable and the US government may be conquered by hardline socialists who will promise to keep people fed during the transition by controlling all of the resources.
Vote Bernie because you'll need to eat after the collapse.
>>73080451
>Keep in mind that it's not as if the world arbitrarily bestowed the petrodollar system and the "world reserve currency" status on the US for no reason, and therefore we enjoy an unfair advantage. It's the other way around - because our currency is so valuable, our military is so powerful, and our industrial base is so massive and diverse, the USD *became* the world reserve currency. Could that change someday in the future? Sure, it has already started. It would just mean that the USD would become more like any of the other hundreds of fiat currencies around the world that people value. The Yen, the Euro, the Pound, the Kiwi, the Ozzie, etc. aren't the reserve, and they aren't collapsing just because they're debt-based.
Actually, when the dollar loses WRC status, it is very likely that many of those foreign held dollars will come flooding back. We've exported much of our inflation, and when the rest of the world comes to the point where it does not need USDs to purchase oil or conduct global trade, they will start looking to US assets to put those dollars into. That won't be pretty.
Look at pic related. It is a proxy for total debt in the US. See that little dip right around the time Lehman took a shit? That little dip almost brought the entire system down. It unleashed the AIG bailout, TARP, QE1, QE2, Operation Twist and QE3. I'm serious when I say that the debt cannot decrease, else the system collapses. Decreasing debt is decreasing the money supply.
>>73080471
>Vote Bernie because you'll need to eat after the collapse.
>communism will keep people fed
Uh........
>>73078708
>Keep in mind that the M2 currency supply is ~$11 trillion, and that is where the funds to pay that $60 trillion back is supposed to come from. Start paying those debts down, and M2 currency gets destroyed, making it harder to pay the debts back. Take on more debt and create more M2 currency, but at interest. The system must grow, or collapse. Since continued exponential growth is impossible, the system will eventually come crashing down.
You can't only look at one side of the accounting ledger like that. Even according to the nonsense US debt clock (designed specifically to scare you into voting to cut government programs) the U.S. has ~$125 Trillion in national assets. The assets and the liabilities of the US, and of the world, always grow together. You can't only look at the debt and then claim that it's a huge disaster.
You are correct that there can be issues if everyone tries to pay off their debt at once, that tends to lead to banking crises because people run out of liquid funds to make their payments with. However, that's where the idea of counter-cyclical spending comes from in Econ 101: when the private sector is spending and going into debt, the government can cut back, but when the private sector is tightening their belts and paying off debt, the government should deficit spend to offset that.
>>73077103
do you realize those coins are plated in like 1/10 grams of gold?
>>73080577
It would be the desperation move by the elite. The socialist police state will try to keep people fed with what is left for as long as possible and try to maintain law and order.
That's how it happens.
Look at who's in charge. Even if Bernie doesn't win, we'll probably get a mean version of Bernie after the collapse. The plebs are gonna be rioting and burning shit.
everything on the internet is real. Also dat monetization though...
>>73080495
I had this awesome reply typed out for this, then I briefly lost my connection. I had it copied just in case, but then I accidentally hit CTRL+C instead of CTRL+V and lost it.
Anyway, much of what you say here is addressed here
>>73080977
>>73078367
CBOE Interest Rate 10 Year T No (^TNX)
1.76 Bitch
the blood spills soon champ
>>73073132
In recommended, just on the right, diffrent bunch of channels but same shit...
>Ron Paul Confirms that Dolar will collapse on 28 may, 2016.
>Ron Paul Confirms that Dollar will collapse on 28 may, 2016.
>Russian General Confirms that Dollar will collapse on 28 may, 2016.
>Secretary of Finance Confirms that Dollar will collapse on 28 may, 2016.
>Anonymous Confirms that Dollar will collapse on 28 may, 2016.
Why is this shilled so much and by who and why? This is clearly a niche viral marketing but cui bono? cui prodest?
/pol/ is always right, except for Happenings.
>>73073132
>[b][/b]
Nyt Joni vittu.
>>73082596
It gets clicks from libertards and paranoid conspiracy theorists.
>>73081017
actually they have even less it's like 5 mg of gold
>>73073132
Sure it will.
>>73082921
It's right on all the happenings it's just wrong on a lot more
>>73073386
good because you're a fucking idiot there is no gold backed Yuan the Chinese simply opened an exchange market that trades Yuan into gold nothing more. But to idiots and people who fall for anything it's the 'muh Gold Yuan, U.S. dollar collapse'
>>73073132
People with stock in silver always say the dollar will collapse. Max Keiser was saying it back in 2012, and it never happened.
Claims that the dollar will collapse are purposed for speculation, plain and simple.
>>73083215
Yeah i posted that after watching it, then i read the whole thread and its pretty apparent its a fucking clickbait shitfest.
Ehh nevermind, not this time my happening hat, not this time.
>>73080977
>designed specifically to scare you into voting to cut government programs
>Econ 101
oh look, a charlatan
>>73073132
Funny, FP in the 80s they said the dollar would fall in 2018, so I am going to stick with them as they are very rarely wrong.
>>73073132
Oh look, the monthly 'US dollar will collapse by the end of the month' thread.
shit has literally been going on non stop for 8 years. its not gonna happen.
>>73083466
gais, it dun never happened yet, so it cand neber happened!!
>>73083615
At least they'll be right when it does happen
>>73073132
I'm not gonna fall for this silver bullshit. You almost got me the fucking first time around, but not this time.
Complete economic collapse?
Good, then our countries can unite under nationalist rule, print our own currencies, and stop basing our world on the jew banks.
>>73083459
Given how much gold China has the fear is that they would be able to set a new price for gold independently of the west which has relatively little physical gold when compared to China. What happens if China suddenly decided that the spot of gold needs to be realistic not this depressed price we have right now due to paper trading of over leveraged gold.
Babby's first financial collapse thread on /pol/ for so many fucking people in this thread
>>73083974
China doesn't have that much gold. Please look up who holds the most gold in reserve by a metric fuck ton and then realize it's good old Uncle Sam and it always will be as the U.S. government literally has a doomsday dollar collapse scenario that focuses on having tons of gold in order to keep the country running. For as much as people shit on our government and it's waste they really do due some things with foresight to plan to protect us citizens because without us they lose all their power as well.
>>73084251
and who owns that gold? is it hypothecated?
>>73073132
Oh boy another shill video from the silver/gold salesmen. Sure sounds legit. USD will obviously collapse at some point, but nobody knows when that point is. It could be 100 years from now
>>73073132
People who believe that gold and silver are about to go through the roof are running ads everywhere telling you that gold and silver are going to go through the roof, and they have some, and they want to sell it to you now at current prices...
Anybody else spot the issue there?
>>73084325
no it's not enough with the 'muh U.S. owns no gold meme' you really think that the U.S. government would give up it's gold ever? There's a reason why Nixon told the French to fuck off and ended the dollar gold convertibility not because some vast conspiracy but because foreign nations were converting their reserve dollars into gold as $35 an ounce which is what the U.S. holds and values it's gold at even today and then taking the gold and selling it for way more in the international gold markets essentially double ripping the U.S. off. Nixon was in the right telling the world to fuck off and protecting U.S. gold
>>73073657
I can't think of an example where the currency collapse didn't kill the country with it, such as ancient Rome.
>>73084251
>China doesnt own that much gold
>Despite the fact that for the past decade it has been consistantly the highest buyer of gold in the world
>Despite the fact that they bought a majority of Canada gold
The US has barely any gold fuckwit.
> For as much as people shit on our government and it's waste they really do due some things with foresight to plan to protect us citizens because without us they lose all their power as well
Oh, you are just a shill, carry on.
>>73073386
This might be necessary to tip the scales in Trumps favor. Hitlary wouldn't know what to do.
>>73084542
Kek this guy understands. They are literally so enthused to take your federal reserve dollars for something they claim is going to be worth so much in just a short time so they can continue to live a lavish life using those greenbacks.
>>73083668
Of course it CAN happen, but the fact that it has been predicted constantly for longer than you or I have been alive, and yet hasn't happened, does indicate that the predictive powers of these folks may be a bit weak.
>>73084542
>silver and gold prices are kept low by paper trading of over leveraged metals that if everyone tried to cash out at once would cause a collapse
>see guise, silver and gold is a scam
That explains why silver production for the first time in many years just dipped below purchases last year. That also explains why China has been buying gold across the world from anyone dumb enough to sell it to them.
Yessir, metals are a scam and nothing will never go wrong with our fiat system.
>>73073132
now is the time to buy silver[says the guy who has invested in silver]!
>>73084543
>you really think that the U.S. government would give up it's gold ever
you really think the us government would import tons of cocaine in payment for arms?
I'm not saying they don't have it physically, just that it's been lent out and those claims sold, there are far more people who think they own gold than do. shit will be nasty
are you familiar with HJR192?
>>73084720
fiat currency has been tried over 40 times, it has failed every time historically, why do you think it will be different this time?
babylon, assyria, rome, england, germany, to name just a few
>>73084895
>That also explains why China has been buying gold across the world from anyone dumb enough to sell it to them.
they also allow foreign countries to mine gold in their country but force them to sell to them
>>73073132
Good thing I'm broke.
>>73073132
>Comments disabled
>>73084621
>but the U.S. has no gold because hucksters selling precious metals told me so.....
Pic related sick of you fucking idiots who do no research falling for other retards wild claims (retards trying to sell you something for your dollars by the way which should be an obvious sign something is amiss)
>>73073517
it's literally 100% shills who are selling/trading/speculating gold/silver etc.
when there was a bubble after the financial crisis they realized investing in social media operations to spread hysteria and get people to hoard it to drive the price up can make them a lot of money
>>73073132
>Buy silver!
where can you acquire VAT-free silver bullion by some London Good Delivery mint? like 10 kilos broken down in troy ounces; I've yet to see private sellers offering such quantities and I'm not willing to shell out additional 22% VAT by purchasing(& selling!) via brokerage
above is the sole reason I swear by gold, it's tax-free across the world
>The economy is collapsing goyim trust me, buy my precious metals at only 150% the cost normally! You'll never have another chance you know!
>>73085549
>I believe self published reports from govt affiliated agencies that dont offer independent verification
>I am not retarded.
Good post useful idiot.
>>73073132
Watched the fucking whole video. Its 5 years old and doesn't say anything about the 28th. Garbage title.
That said, ge isn't really wrong about anything. This is all inevitable. At the very least I think we have a few more months. We still have to wait for the Q2 numbers to be shit so everyone can start worrying. I doubt the collapse will happen in 2016. We still have QE4 and NIRP to go through.
>>73085549
do you believe the inflation and unemployment figures too?
If we hit QE4 we are in major trouble, that is probably the point at which you should start investing heavily in gold/silver and buying up food/water other supplies to last for years
>>73085939
sure result to attacks because you're actually an idiot who believes tinfoil hat conspiracies. Dismiss any report as government lies to fit your narrative so it doesn't disrupt what the precious metals hucksters have told you. Even more hilarious you then call me a useful idiot
>>73086268
>sure result to attacks because you're actually an idiot who believes tinfoil hat conspiracies.
It is resort. Also calling someone tinfoil is a personal attack as well. Now on to your post, you are the useful idiot retarded enough to believe anything the govt says about its gold reserves. The same gold reserves it hasnt allowed independent audit of in over a decade, so you tell me who the idiot conspiracy theorist is, the one who blindly believes the govt, which lies every single day to the populace or the person who questions what the govt has to say about a gold reserve no non govt employee has seen in a decade.
>Dismiss any report as government lies to fit your narrative so it doesn't disrupt what the precious metals hucksters have told you. Even more hilarious you then call me a useful idiot
See above useful idiot.
comments disabled and no discussion tab on the youtube channel, instant exit out.
>>73086268
>tinfoil hat conspiracies
haha, if I disparage you you can't be right
fuck off shill
>>73086259
QE4 happening is a when not an if. The stock market is already dead in the water. Its justa matter of time before this becomes obvious to everyone. Lifelong Democrat Fed chair Janet Yellen will make sure that doesnt happen before the election. Hillarys campaign is entirely dependent on Obama's legacy. Considering how abysmal quarter one was, I suspect whispers of QE4 will start after the quarter 2 numbers are also shit
>>73086259
>QE
negative, there has already been a fuckload of credit pumped, mostly into the stock market via past QEs and we're still kicking the can down the road almost a decade later; FED's and ECB's and BOJ's ponzi schemes will one day crash to absolute worthlessness but until that day comes, there is nothing you can do as an individual
Here's the thing right now I have 3 months left of money to go to my student loans. I quit my job a few months ago because I refused to fuck people over with my companies metric. If my credit card stops working and I am still expected to pay on that loan they will be sorry I promise you that. All debts are clear if the dollar collapse that's all I have to say on. This matter.
>>73087054
They're in a bind. If they continue low interest rates and QE, they'll cause stagflation. If they raise interest rates and stop QE, they'll pop market bubbles.
>>73079362
I found out less than a year ago our money wasn't backed by gold. It came as a great surprise
>>73084454
>but nobody knows when that point is
pfft.
haha idiot i live in canada i am uneffecged by ur dumb dollr fuCking owned
>>73085549
Nigger that's only 11 billion in gold. That's fucking nothing. There's us citizens with more money than that
>>73087525
>I quit my job
I truly hope you've got another one lined up before you quit, otherwise you've got yourself a nice self-inflicted bulletwound in one of your knees
afaik you cannot even default on your student loan in burgerland, so doubly fucked
>>73074223
Skeptic here.
I know silver can be volatile in the markets, but gold has jumped almost $300 since last year. I usually have about 15-25% of my wealth in precious metals, and the current spikes have been interesting.
With china's attempt at gold price fixing (not quite a gold backed currency) the price has become a lot more volatile. It looks like precious metals are going to be the next big commodity to see huge swings.
>>73087642
And I'm uneffecged by ur wildfire lolololol pwnt
>>73087763
when you go long in gold fiat valuation doesn't even matter to you until you liquidate and by long I mean until you retire or after a major gamechanging happening has occurred, the dust settled and rebuilding going on in full force
>>73087601
yeah, it's shocking isn't it, in the uk it still says "I promise to pay the bearer on demand the sum of x pounds" which means pounds of sterling silver
now it's an empty promise
>>73087763
I hope you got physical possession
>>73076464
I can see a couple nuggets of truth in here, but you went full doom paul.
Sid Blumenthal, hillary clinton, and Sarkozy, along with Henri levy orchestrated the downfall of the gaddafi regime. He wanted a gold backed pan African currency, and the West (france) said no.
It's all in hillary's emails.
>>73088410
Libya was more about the French Franc and frogs' hegemony in francophone africa, that is why frogs were pushing harder than everybody else
>>73073517
Not that many actually. People got aware of this very recently. Now that the world is rapidly moving out of USD something will happen for sure.
>MARKETS WILL TANK THIS SEPTEMBER, GUYS, FOR CEREAL
>ISIS WILL ATTACK IN GERMANY BY CHRISTMAS, GUYS, FOR CEREAL
>HAPPENING ON APRIL 19TH/20TH, GUYS, FOR CEREAL
>HAPPENING ON MAY 1ST, GUYS, FOR CEREAL
Is /pol/ the greatest example of the Texas sharpshooter fallacy or what?
>>73087749
I don't that's why I am trying to start my own company repairing cellphone screens and computers/ networking. What I am saying is this if my money which is going to my student loans is suddenly worthless morally my debts are paid. End of story, I don't care if they want gold, cocks, radio tubes, etc it doesn't matter. They loaned my currency NOT money.
>>73088816
And when something similar happens to what they've prophecied
>/POL/ WAS RIGHT AGAIN!!
>>73088198
If you don't hold it, you don't own it.
>>73077477
He's a Jew
>>73088602
Yes, that's why I mentioned France specifically.
It's interesting how a lot of countries we've liberated were either hoarding gold or trying to sell oil in anything other than dollars.
China should be very interesting.
>>73073132
OY BEY GOY THE DOLLA IS GONNA COLLAPSE better buy these special GOLDEN EAGLE SILVER DOLLARS™ and these exclusive GOLDEN LIBERTY AMERIGOY EAGLES SPECIAL MUH COLLAPSE™ EDITION
>>73088941
I don't know about your local cellphone market but I do know a thing or two about IT, keyword is Enterprise IT, gain a couple of relevant Technical Certifications for a chosen IT field from a relevant major vendor and start as a subcontractor for an established ISV, after you've acquired few references try to get direct contracts from customers either by undercutting your previous partner or by shilling at similar customers using said references
you do IT systems maintenance for daily bread and implementation services for larger projects, you'll be swimming in cash this way if you are good at what you do
>>73073132
One of these again
>>73073132
it has nothing to do with debt, its chinas, new gold yuan, and the new world bank allowing them to be into the world dollars, fuck king nigger and rothskikes.
>>73087749
I paid mine back like a good goy. Feels good man
>>73073132
>Implying this meme money can collapse
>>73073132
This is my birthday HAHAHAHAHHA. MAKE IT COME TRUE MEMSTERS!!!! It is all I wish For.
When the music stops, the country with the greatest infrastructure wins
As in, that country is left with the happiest people.
Happiness is the only currency actually worth having.
>>73092029
https://en.wikipedia.org/wiki/Gross_National_Happiness
t. Bhutan
>>73092029
close, it's quality of life that people will pay for, and the removal of negative sources of it, this is how wealth is created,. wealth is literally qol
>>73073132
I'm the leader of the revolution. The war is coming, spend your worthless cash now before the collapse. Screenshot this. The rich won't be taken alive.
https://www.youtube.com/watch?v=Q8j74LSw6pc
>>73073132
so we're all going to starve?
>>73093889
Fuck off shill nobody cares about you, if you post your videos again the gang of the descendant of the daco romans will come for you
>>73073517
>>73073961
Shill bait
>>73073132
>buying silver and gold
>not buying oil, coal, Iron (Steel), lead, and food in some way
Its like you are trying to scam us...
>hurr supply and demand is going to go away for the happening guise durr
![;].png](https://i.imgur.com/g6ASbIn.png ";].png")