Anyone tthink this is credible (next week economical big event)

Goldenboy219 said:
Then diamonds, tobacco, and relics could be deemed money. A medium of exchange comes to mind first, and store of value second, followed by a rational of value.
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diamonds could, and they were but now they can be produced as well, so they have lost a lot of attractive as money. Tobacco doesnt hold its value because its organic. Relics are too subjective. You allredy know all this, why are you making me go over it?

Goldenboy219 said:
Being that we are talking about the dollar crashing, I am being more than fair, as it is the average of a whole basket of goods, not just a single commodity. Not only that, i even said 25%. The lack of overall price increases provides a clear reflection of the dollars overall strength.

The only reason you would be unwilling to take such a bet even if i brought it down to 15% is that you believe prices to be sticky;) Hmmm.....
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I dont understand the expresion prices being sticky (English is not my mother language).

Goldenboy219 said:
Then we would be betting on the price of gold in dollars, and not about the relative buying power of the dollar. Why gold, how about diamonds or.... oil:eek:

Instead we are betting on the crash of the dollar, meaning it will buy less overall goods, not just less gold. The dollar will not suddenly lose purchasing power overnight.
Click to expand...

Yes, but if there is a fall on demand that has to be taken into account somehow, because when production gets adjusted we are going to feel it. So using an average between the money people is using to store weatlh and the present purchasing power seems very fair.

Hugo

PS:
Zippyjuan said:
Money is not a store of value- it is a medium of exchange.
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Its both.
 
Last edited:
Dow down 50+ points thats it
Thats your collapse right there
He did it
He called it.
50 points never thought it would be that bad.
Well was fun following i'm off to college.
 
btw look GE go up 7procent the reinhardt sure said something bout electric bills
 
Razmear said:
There are two vids posted under that account, just watched the one posted on 2/7
Looks like he is predicting a terror strike.

http://www.youtube.com/watch?v=ITXJjc7vrMs&feature=channel

It starts with the first WTC bombing, then says 8 years laters, shows the second, then says 16 years later and flashes the dates 2/9/09 and 2/13/09

Very creepy!

eb
Click to expand...

Agreed it's creepy. This youtube guy has had his own subforum on Reinhardt's message board since December so he isn't a random guy I don't think.
http://www.wiredpirate.com/forum/index.php
 
fatjohn said:
Dow down 50+ points thats it
Thats your collapse right there
He did it
He called it.
50 points never thought it would be that bad.
Well was fun following i'm off to college.
Click to expand...

hahaha!! and it's up now! (not making any predictions for the end of the day though...)
 
Well? This wreaks of the Lindsey Williams dollar/election/oil scare or the Alex Jones October surprise scare of 2006.
 
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