OLD THREAD:Gold will plummet: the dollar will strengthen.

[revolutionary8]

Yes, especially bureaucrats. I really don't get how people think they're evil geniuses. They're giant egoed morons on the public dole, who screw up everything they touch.

Kinda like sociopaths?

 

[revolutionary8]

Mullins kind of lost all credibility with the whole occult thing.

Sorry, I don't subscribe to the tinfoil hat theories. People are not that smart.

Yess, yesss, people are not that smart, people are not that smart, people are not that smart, people are not that smart...

Yessss...
I suppose that is why we are now classified as a "Bacteria" or " A Virus" that has "invaded" the earth, where only population control/"family planning" is a viable solution....

 

[Blueskies]

Yess, yesss, people are not that smart, people are not that smart, people are not that smart, people are not that smart...

Yessss...
I suppose that is why we are now classified as a "Bacteria" or " A Virus" that has "invaded" the earth, where only population control/"family planning" is a viable solution....

Take off Frodo's invisible cape, we see you here in the "underworld".

Nothing personal, I don't accuse YOU of having these thoughts at all.

Thanks for not understanding anything I said.

Let me try again.

Imagine the smartest person you've ever met. Now multiply that by 10x. Do you honestly think a person that intelligent would be capable of manipulating world economies comprised of trillions of economic transactions and billions of economic agents? Yeah, no.

There is no nefarious cabal of evil geniuses manipulating the world for their own ends as if its some orchestrated play. It's not. There is no human being, or group of human beings capable of being intelligent enough to pull it off.

Basically there's a South Park episode all about this...

 

[revolutionary8]

Thanks for not understanding anything I said.

Let me try again.

Imagine the smartest person you've ever met. Now multiply that by 10x. Do you honestly think a person that intelligent would be capable of manipulating world economies comprised of trillions of economic transactions and billions of economic agents? Yeah, no.

There is no nefarious cabal of evil geniuses manipulating the world for their own ends as if its some orchestrated play. It's not. There is no human being, or group of human beings capable of being intelligent enough to pull it off.

Basically there's a South Park episode all about this...

well, I edited my post to re-orchestrate, but now that you've inserted a SP episode, all bets are off.
I lived there.
(well, at least in the town SP was based upon) (FairplayIMO)

Cartman is a sociopath. If you doubt it- please see the episode wHere he chops up what'shisdude's parents and feeds them to Radiohead "in the form of"---> A BOWL OF CHILI!.

Is Cartman evil? Is he a genius? Is he a psycho/sociopath? What about an "evil genius"? Is "he" based on a real "character"? A "group" of characters?
who knows...

 

[YumYum]

I think someone who reads up on history like you do should make better investment decisions and fare better than many of the one-track minds I see here...

This is not to say that the Fed can necessarily control the QE it has let loose out of the bottle, but if you look at Japan, hyperinflation was not the end result of QE. Also even though Gary North thinks the deflationists don't have a sound thesis, he believes - and with good reason - the Fed WILL NOT let hyperinflation happen (or at least try not to let that happen). Recent history such as the chronic inflation of the 70s shows us that *politics* WILL ensure that inflation will become an issue that will at least try to be fought.

I lost money listening to the financial experts with the crystal balls. Not anymore. The research I have done is for a thesis I am doing in college. The evidence is overwhelming that the central banks work in collusion and control this country and Europe's economies.

Inflationists keep mixing our government with the Fed as if they are one. That is crazy. The Fed is a seperate entity. If it isn't true why does Ron Paul want transperancy and a complete audit of the Fed? I feel that politics plays into the economy when it benefits the bankers and not the other way around. The Fed lowers interest rates during an election if it wants a president re-elected and raises the interest rates when they want him to lose.

 

[Liberty Star]

I must have been watching too much CTN, when I saw "Gold will plummet" on front page, at first glance I read "God will punish".

Crazy LOL

 

[Blueskies]

What interest do they have in "controlling the economies"?

The Fed and the government are the same. The chairmen is appointed by the President. He appears in public with the President frequently. The dealings of the Fed are secret from the congress and the people, like the CIA or the FBI, but its still a government agency.

 

[YumYum]

I must have been watching too much CTN, when I saw "Gold will plummet" on front page, at first glance I read "God will punish".

Crazy LOL

My title should have read: "Gold will plummet: God will punish!" Hey, I like that!

 

[YumYum]

What interest do they have in "controlling the economies"?

The Fed and the government are the same. The chairmen is appointed by the President. He appears in public with the President frequently. The dealings of the Fed are secret from the congress and the people, like the CIA or the FBI, but its still a government agency.

It is not a government agency. Who told you that?

Actually, they work for the shape shifting reptilians and the Tri-bi-lateral Bilderberger's Zionist's Council on Alien Relations.

 

[revolutionary8]

It is not a government agency. Who told you that?

Actually, they work for the shape shifting reptilians and the Tri-bi-lateral Bilderberger's Zionist's Council on Alien Relations.

well now you have officially "lost it".
Kookland for you.

I disagree w/ a LOT you are saying YY (esp. as far as deflation vs.inflation goes) , but I am sure enjoying reading what you have to say, and sure appreciate it. This is a really good thread here in Ecoland. Inviting, yet intriguing. No doubt I will keep what you are saying in mind. I think you are doing a great job in your research and wish you only the best.

 

[YumYum]

well now you have officially "lost it".
Kookland for you.

I disagree w/ a LOT you are saying YY (esp. as far as deflation vs.inflation goes) , but I am sure enjoying reading what you have to say, and sure appreciate it. This is a really good thread here in Ecoland. Inviting, yet intriguing. No doubt I will keep what you are saying in mind. I think you are doing a great job in your research and wish you only the best.

yeah, I think I need a drink. All this talk of a financial Armaggedon followed by a One World Order communistic regime that will be controlled by a bunch of headbanging Zionists who want to put me in a FEMA camp has finally taken its toll.

 

[revolutionary8]

YumYum
needs some
TumTum

Yes, it's sickening. I think that is why a lot of ppl avoid economics like the plague- homeo sapiens can smell death. It takes esp. brave human beings to dive in for the good of THE PEOPLE, and remain "free". Beyond acheiving thier own freedom, in their own minds, they must pass the scrutiny of those who scrutinize the definition of "freedom", as well as remain ojective towards those who claim to own the rights of that "definition".
I tend to confuse people, so pardon me if I didn't make any sense, feel free to PM me w/ any questions, I come and go.

Nite Nite.
Don't let the banksterbugs bite.

 

[LibForestPaul]

For YY
So basically...tighten credit to cause a "reverse" bubble, wait for things to tank (deflationary implosion) print new money, buy up cheap assets(foreclosed business, cheap resources) with money at face value, ride out the hyper inflation, let the little people deal with 30% inflation rate?

 

[LibForestPaul]

Thanks for not understanding anything I said.

Let me try again.

Imagine the smartest person you've ever met. Now multiply that by 10x. Do you honestly think a person that intelligent would be capable of manipulating world economies comprised of trillions of economic transactions and billions of economic agents? Yeah, no.

There is no nefarious cabal of evil geniuses manipulating the world for their own ends as if its some orchestrated play. It's not. There is no human being, or group of human beings capable of being intelligent enough to pull it off.

Basically there's a South Park episode all about this...

bees have 0 intelligence, but they hexagons quite nicely.

 

[YumYum]

For YY
So basically...tighten credit to cause a "reverse" bubble, wait for things to tank (deflationary implosion) print new money, buy up cheap assets(foreclosed business, cheap resources) with money at face value, ride out the hyper inflation, let the little people deal with 30% inflation rate?

Yes, and by tightening credit, buying up treasuries and raising interest rates the dollar will deflate. Have you seen how hard it is for people to get a loan who are employed and have great credit? It is going to get worse, not better. I agree with Schiff about buying gold and keeping it as a hedge against inflation, but that should be done when you plan to keep the gold for twenty years or more. Day to day, week to week, and month to month speculation in gold is too risky. We are going to go into a very bad depression. If the dollar goes into hyper-inflation we will go into a depression with hyper-inflation, which is economic collapse. Instead of buying gold, people should be buying silver dollars as a protection against starvation. If the government bans hording gold like it did in the 30's, a farmer will sell his crops for silver dollars.

Look at this chart. I think gold has hit a ceiling.


http://www.kitco.com/charts/popup/au0030lnb.html

 

[hugolp]

Yes, and by tightening credit, buying up treasuries and raising interest rates the dollar will deflate. Have you seen how hard it is for people to get a loan who are employed and have great credit? It is going to get worse, not better. I agree with Schiff about buying gold and keeping it as a hedge against inflation, but that should be done when you plan to keep the gold for twenty years or more. Day to day, week to week, and month to month speculation in gold is too risky. We are going to go into a very bad depression. If the dollar goes into hyper-inflation we will go into a depression with hyper-inflation, which is economic collapse. Instead of buying gold, people should be buying silver dollars as a protection against starvation. If the government bans hording gold like it did in the 30's, a farmer will sell his crops for silver dollars.

Look at this chart. I think gold has hit a ceiling.


http://www.kitco.com/charts/popup/au0030lnb.html

When did you say the cheap credit is going to stop? Look at what Bernanke just did:

http://www.ronpaulforums.com/showthread.php?t=216579

 

[YumYum]

When did you say the cheap credit is going to stop? Look at what Bernanke just did:

http://www.ronpaulforums.com/showthread.php?t=216579

I don't know when the cheap credit is going to stop. Cheap credit is benefiting the banks; not the average American. Bernanke is keeping interest rates low for the benefit of central banks. He has tightened the credit for Americans while having a low discount rate by making loan requirements so strict that no one can get a loan. High interest rates make loans undesirable. What business wants a line of credit that has a rate so high it robs them of any profits? That isn't the current problem businesses and citizens are facing. The banks have pulled the rug out on businesses that are still profiting by cutting off their lines of credit. And for middle calss Americans, under the current banking credit requirements, you can be fully employed and have great credit, and still be turned down on that low interest home equity loan that you so badly need.

Currently, central banks are making loans to central banks and creating enormous wealth for themselves, while millions of Americans are losing everything they have.

 

[hugolp]

I don't know when the cheap credit is going to stop. Cheap credit is benefiting the banks; not the average American. Bernanke is keeping interest rates low for the benefit of central banks. He has tightened the credit for Americans while having a low discount rate by making loan requirements so strict that no one can get a loan. High interest rates make loans undesirable. What business wants a line of credit that has a rate so high it robs them of any profits? That isn't the current problem businesses and citizens are facing. The banks have pulled the rug out on businesses that are still profiting by cutting off their lines of credit. And for middle calss Americans, under the current banking credit requirements, you can be fully employed and have great credit, and still be turned down on that low interest home equity loan that you so badly need.

Currently, central banks are making loans to central banks and creating enormous wealth for themselves, while millions of Americans are losing everything they have.

Yes, yes, I kind of agree.

But what does all this have to do with what we are discussing? Your arguments have been just very very poor all over, but now you are directly bullshiting.

Are you a politician?

 

[YumYum]

Yes, yes, I kind of agree.

But what does all this have to do with what we are discussing? Your arguments have been just very very poor all over, but now you are directly bullshiting.

Are you a politician?

You think so?? I have stated my position from the research I have done that at some time gold will drop and the dollar will get stronger. When? I don't know. Why? Because this is the pattern that has happened before in every boom and bust cycle we have had. That ain't bullshitin'. That's fact.

 

[hugolp]

You think so?? I have stated my position from the research I have done that at some time gold will drop and the dollar will get stronger. When? I don't know. Why? Because this is the pattern that has happened before in every boom and bust cycle we have had. That ain't bullshitin'. That's fact.

Oh, ok. So you are talking about something that could happen in years. Well, then I have to agree its a posibility. But there is the serious positbility that the dollar collapses, I am sure you have seen that in your study of boom and bust cycle. And because you have studied it hard, you have seen that when those events happen, they happen quick, very quick.

So in my view, hyper-inflation of the dollar is a real posibility. The other posibility is going back to the 70's, and then to the beggining of the 80's where Volcker pushed very high interest rates (+20%) and made the dollar become again the bubble it is and give it temporal strenght. BUT before that happens, it has to happen years of high raising prices, it has to happen the 70's. Why is that? Because the real porpous of the 70's inflation was to erode the goverment debt. And now goverment debt is again out of control and needs to be brought down by inflation. The Fed can not raise interest rates very high because it would crush the goverment.

So, if the dollar does not collapse, there are some years of high inflation down the rodad. Some years. Then, after those years, at some point the Fed probably is able again of raising interest rates where they should be (above 20% like Volcker did) and inflate the dollar bubble again. That would be the moment of investing your gold in dollars. But that is if the dollar does not collapse, and in some years, not now.