November Shock: US Dollar to Collapse in 30 Days

[quote]tribunaldude wrote:
fuck it all. Goodbye.[/quote]

Bipolar much?

[quote]Neuromancer wrote:
tribunaldude wrote:
fuck it all. Goodbye.

Bipolar much?[/quote]

I believe he’s tripolar.

I think he went off to put that barbed wire thing on his leg, like the Opus Dei/Legatus folks do.

Not really…that was part of an email that I posted on this by mistake last night…high as a kite.

Meanwhile an election rally continues in the market today. The DOW will tank friday…BADLY!

[quote]rainjack wrote:
Headhunter wrote:
tribunaldude wrote:
RATE CUT!!! RATE CUT!!!

Down goes the dollar…told ya so!

The world, at present, is one of basic cooperation. Rates are determined by who needs the most help. If Europe is tanking, rates go down there relative to us, and so forth.

It is only when nations start squabbling and trying to outdo each other in currency devaluation that what you say could possibly happen.

Merrill Lynch, btw, is calling for $1500 gold and $150 oil ($225 over the next coupla years).

A depression only becomes obvious to most when it is well under way. We are in a depression. It’ll probably be inflationary as governments this time are supposed to ‘do something’.

We’ll see $30 oil before we see $225.

[/quote]

Maybe. But then again…

Imagine what will happen to the noble profession of oil speculation if we cross 200 bucks a barrel.
I ask you again, now that the integrity of the dollar has been threatened and the collapse is imminent, what is the ONE safe holding people will flock to.

PRECIOUS METALS. Gold will hit 1500$ an ounce in a few months (maybe even by christmas), and keep climbing for the next many years.

[quote]Headhunter wrote:
rainjack wrote:
Headhunter wrote:
tribunaldude wrote:
RATE CUT!!! RATE CUT!!!

Down goes the dollar…told ya so!

The world, at present, is one of basic cooperation. Rates are determined by who needs the most help. If Europe is tanking, rates go down there relative to us, and so forth.

It is only when nations start squabbling and trying to outdo each other in currency devaluation that what you say could possibly happen.

Merrill Lynch, btw, is calling for $1500 gold and $150 oil ($225 over the next coupla years).

A depression only becomes obvious to most when it is well under way. We are in a depression. It’ll probably be inflationary as governments this time are supposed to ‘do something’.

We’ll see $30 oil before we see $225.

Maybe. But then again…

[/quote]

[quote]Headhunter wrote:
rainjack wrote:
Headhunter wrote:
tribunaldude wrote:
RATE CUT!!! RATE CUT!!!

Down goes the dollar…told ya so!

The world, at present, is one of basic cooperation. Rates are determined by who needs the most help. If Europe is tanking, rates go down there relative to us, and so forth.

It is only when nations start squabbling and trying to outdo each other in currency devaluation that what you say could possibly happen.

Merrill Lynch, btw, is calling for $1500 gold and $150 oil ($225 over the next coupla years).

A depression only becomes obvious to most when it is well under way. We are in a depression. It’ll probably be inflationary as governments this time are supposed to ‘do something’.

We’ll see $30 oil before we see $225.

Maybe. But then again…

[/quote]

If it gets above $100, that can only mean we have hit the bottom, and global demand is picking up because of a recovering economy.

You can’t have it both ways. Now, either everything is going to crash, and we are all naked and hungry street people, or the economy is going to improve, and global demand for raw materials is going to increase.

You want everyone naked and starving, and $225 oil. It just won’t happen together.

You need to pick one doomsday scenario and stick with it.

[quote]tribunaldude wrote:
Imagine what will happen to the noble profession of oil speculation if we cross 200 bucks a barrel.
I ask you again, now that the integrity of the dollar has been threatened and the collapse is imminent, what is the ONE safe holding people will flock to.

PRECIOUS METALS. Gold will hit 1500$ an ounce in a few months (maybe even by christmas), and keep climbing for the next many years.
[/quote]

If the dollar crashes like you say, $1500/ounce for gold would be pretty cheap.

The collapse of the dollar is not imminent. At least to to people who actually have jobs and do shit besides go to class during the day and get stoned every night.

You never answered my question. Where does a stoned college kid get a “ton” of euros?

[quote]rainjack wrote:
If the dollar crashes like you say, $1500/ounce for gold would be pretty cheap.
[/quote]

If the dollar were to collapse the price of gold in terms of dollars would become irrelevant. The price effectively becomes infinite as the dollar is no longer accepted by any gold exchanges.

The only thing people will be thinking about is Nanna’s jewelry collection and how they are going to exchange it for needed goods.

[quote]LIFTICVSMAXIMVS wrote:
rainjack wrote:
If the dollar crashes like you say, $1500/ounce for gold would be pretty cheap.

If the dollar were to collapse the price of gold in terms of dollars would become irrelevant. The price effectively becomes infinite as the dollar is no longer accepted by any gold exchanges.

The only thing people will be thinking about is Nanna’s jewelry collection and how they are going to exchange it for needed goods.[/quote]

If that is the case, my advise from post war Austria is, stock up on booze and cigarettes, because they will become your new currency and it helps to have relatives who own a farm.

[quote]orion wrote:
LIFTICVSMAXIMVS wrote:
rainjack wrote:
If the dollar crashes like you say, $1500/ounce for gold would be pretty cheap.

If the dollar were to collapse the price of gold in terms of dollars would become irrelevant. The price effectively becomes infinite as the dollar is no longer accepted by any gold exchanges.

The only thing people will be thinking about is Nanna’s jewelry collection and how they are going to exchange it for needed goods.

If that is the case, my advise from post war Austria is, stock up on booze and cigarettes, because they will become your new currency and it helps to have relatives who own a farm.
[/quote]

And don’t forget drugs.People always trade drugs.

[quote]tribunaldude wrote:
high as a kite.

[/quote]

[quote]Neuromancer wrote:
And don’t forget drugs.People always trade drugs.[/quote]

Colombia will be the new Mecca.

Prepare for Black Friday.

[quote]tribunaldude wrote:
Prepare for Black Friday.[/quote]

Tomorrow? Or any Friday?

Why don’t you wait until just one of your stoned college kid prophecies come true before you start predicting another one?

I am really growing sick of your bullshit.

[quote]rainjack wrote:
tribunaldude wrote:
Prepare for Black Friday.

Tomorrow? Or any Friday?

Why don’t you wait until just one of your stoned college kid prophecies come true before you start predicting another one?

I am really growing sick of your bullshit.

[/quote]

beeeewaaaarrrre the ides of march

[quote]tribunaldude wrote:
Prepare for Black Friday.[/quote]

Don’t feed the animals

[quote]tribunaldude wrote:
Prepare for Black Friday.[/quote]

look both ways before crossing the street

One look at the futures will answer your question.

Lets look at the prophecies that DID come true so far:

  1. Black Monday and the legatus pilgrimage.
  2. Bank Holiday (which actually DID affect a few banks in Europe according to hearsay) ` no way to confirm this so I’ll let you have this one.
  3. Dollar tanking against the euro for close to a week after I asked everyone to buy euros.
  4. Rate cut (though this was obvious).
  5. Short squeeze on gold - occurring as we speak.

Lets look at the ones that WILL come true.

  1. Commercial brokers making off with their clients assets.
  2. Obama landslide victory followed by redistribution of wealth.
  3. Gold going to 3000 dolalrs an ounce by late 2009.
  4. Housing prices returning to 1992 levels.
  5. Bear market for the next 16 years as predicted by financial astrologers.
  6. Dollar being replaced by an “Amero” (interim currency) before we all accept the new world order and ONE currency.
  7. Legatus eventually gaining complete control over the world’s assets and becoming sovereign.
  8. Gold becoming the oNLy asset of any value by 2010 and ONLY those who hold precious metal assets or invested in juniors in 2007-2008 will be able to buy food.
  9. Prohibition on eed coming to an end by 2010.

[quote]rainjack wrote:
tribunaldude wrote:
Prepare for Black Friday.

Tomorrow? Or any Friday?

Why don’t you wait until just one of your stoned college kid prophecies come true before you start predicting another one?

I am really growing sick of your bullshit.

[/quote]

[quote]tribunaldude wrote:
One look at the futures will answer your question.

Lets look at the prophecies that DID come true so far:

  1. Black Monday and the legatus pilgrimage.
  2. Bank Holiday (which actually DID affect a few banks in Europe according to hearsay) ` no way to confirm this so I’ll let you have this one.
  3. Dollar tanking against the euro for close to a week after I asked everyone to buy euros.
  4. Rate cut (though this was obvious).
  5. Short squeeze on gold - occurring as we speak.

Lets look at the ones that WILL come true.

  1. Commercial brokers making off with their clients assets.
  2. Obama landslide victory followed by redistribution of wealth.
  3. Gold going to 3000 dolalrs an ounce by late 2009.
  4. Housing prices returning to 1992 levels.
  5. Bear market for the next 16 years as predicted by financial astrologers.
  6. Dollar being replaced by an “Amero” (interim currency) before we all accept the new world order and ONE currency.
  7. Legatus eventually gaining complete control over the world’s assets and becoming sovereign.
  8. Gold becoming the oNLy asset of any value by 2010 and ONLY those who hold precious metal assets or invested in juniors in 2007-2008 will be able to buy food.
  9. Prohibition on eed coming to an end by 2010.

rainjack wrote:
tribunaldude wrote:
Prepare for Black Friday.

Tomorrow? Or any Friday?

Why don’t you wait until just one of your stoned college kid prophecies come true before you start predicting another one?

I am really growing sick of your bullshit.

[/quote]

You’re high again,aren’t you?