Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

The Day the Dollar Dies
May/June 2013 Trumpet Print Edition ^ | May/June 2013 Trumpet Print Edition | Robert Morley

Posted on 01/06/2014 12:56:44 AM PST by Yosemitest



TOPICS: Business/Economy; Conspiracy; History; Society
KEYWORDS: currency; dollar; gold; ibtz; nationaldebt; ntsa; nuttery; preppers; shtf; silver
Navigation: use the links below to view more comments.
first 1-5051-54 next last
Think "it couldn't happen" ?
The ILLEGAL ALIEN IN CHIEF and many, many others (including George Soros) have been planning it for many many years.
1 posted on 01/06/2014 12:56:44 AM PST by Yosemitest
[ Post Reply | Private Reply | View Replies]

To: Yosemitest

Minor nitpicking: Bernanke won’t be Chairman of the Fed anymore by then, and the Dow has already seen the North side of 16000, so that’s not a record.


2 posted on 01/06/2014 1:21:20 AM PST by Little Pig (Vi Veri Veniversum Vivus Vici.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Little Pig
I agree, minor.
It was from the May/June 2013 Issue of a religious magazine.

But their scenario is very plausible, and I believe it's very likely to happen, and happen very soon..
3 posted on 01/06/2014 1:25:49 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Little Pig
The names IN the story are NOT the story.

The story stands alone on its own merits.

4 posted on 01/06/2014 1:57:02 AM PST by knarf (I say things that are true .. I have no proof .. but they're true.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Yosemitest

I believe that some of the events in the story, or very similar to them, will happen. However, I think there is one fall back position the government is contemplating - and already planning for.

I think that if international forcing actions occur to call debt, devalue the dollar, subvert additional QE, etc., this government will seize existing assets of individuals.

Specifically, they will assess or completely take IRAs, 401Ks and other retirement account instruments and issue the aggrieved a ‘chit’ for a modestly increased Social Security payment when they retire.

They also can and likely will assess plain old wealth over a certain amount just like France has.

Obama will do this under Executive Order supplemented by drastic IRS and other agency extant rule interpretations and he’ll stick it out, daring others in government to do something about it.

Back in the early 70s, Richard Nixon implemented a 90 day wage and price freeze by fiat. It took some time for the case to work its way through the courts and be declared unconstitutional. I suspect in this case the trek would be much longer. And, with the current state of judicial ranks, I’d expect he’d have more than just a few collaborators in this scheme.


5 posted on 01/06/2014 2:45:58 AM PST by Gaffer
[ Post Reply | Private Reply | To 3 | View Replies]

To: Gaffer
The Kenyan Turd and the Democrats have been scheming on HOW to do just that very thing for years.
THEY believe that it's their assets and NOT ours.
I believe that our only answer now, is fast moving, hot lead, applied to all the communists of any variety, as quickly as feasible.
6 posted on 01/06/2014 3:03:16 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 5 | View Replies]

To: knarf

No, the names will have a non-trivial impact on the outcome. If Yellen takes over, she’ll have a different take on the Fed than Helicopter Ben does, and the market value is going to matter a lot in terms of how it behaves. If it really does hit a new record, probably somewhere above 18000, then a real cratering could well follow. If it sort of meanders down into the 13-14000 range, it may well just sort of fade, rather than fall over immediately.


7 posted on 01/06/2014 3:03:17 AM PST by Little Pig (Vi Veri Veniversum Vivus Vici.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Little Pig
She'll OBEY and follow the marching orders of the ILLEGAL ALIEN IN CHIEF.
8 posted on 01/06/2014 3:05:50 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Yosemitest

http://www.youtube.com/watch?v=2N8gJSMoOJc


9 posted on 01/06/2014 3:07:56 AM PST by djf (Global warming is a bunch of hot air!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: djf
Thanks for that link.
10 posted on 01/06/2014 3:10:50 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 9 | View Replies]

To: djf
Here's another I want to watch later.
11 posted on 01/06/2014 3:13:24 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 9 | View Replies]

To: Yosemitest
The writing on the wall seems pretty clear at this point.


12 posted on 01/06/2014 3:15:00 AM PST by RC one
[ Post Reply | Private Reply | To 1 | View Replies]

To: RC one
Some of us saw this coming many, many years ago.




Read an article from Tom Fife and a comment from thefife:Here's Tom Fife's article.
Let us remember ...
There's NO "ENIGMA" ... to Barack Hussein Obama II.

The DemocratsNational Socialists, and FASCIST Obama are DOING IT ON PURPOSE!!!!

We were warned.


Obama tells Russian PM "After Election I Have More Flexibilty"




13 posted on 01/06/2014 3:25:45 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 12 | View Replies]

To: Little Pig

It’s a story


14 posted on 01/06/2014 3:32:23 AM PST by knarf (I say things that are true .. I have no proof .. but they're true.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Yosemitest

btt


15 posted on 01/06/2014 3:33:21 AM PST by KSCITYBOY
[ Post Reply | Private Reply | To 1 | View Replies]

To: KSCITYBOY
May I recommend Kitco Metals Inc. while Gold and Silver is still "Cheap" ?
16 posted on 01/06/2014 3:37:20 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 15 | View Replies]

B F L


17 posted on 01/06/2014 6:00:58 AM PST by Max in Utah (A nation can survive its fools, and even the ambitious. But it cannot survive treason from within.)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Yosemitest

All this, while the Chicoms are angling every possible way to engineer the Yuan to replace the USD as the world’s reserve currency. Great.


18 posted on 01/06/2014 6:15:48 AM PST by pingman (In the Land of the Perpetually Outraged, truth is the enemy.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: pingman

And they are lead by the TRAITOR in the OVAL OFFICE.


19 posted on 01/06/2014 6:20:45 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 18 | View Replies]

To: Gaffer

“Specifically, they will assess or completely take IRAs, 401Ks and other retirement account instruments and issue the aggrieved a ‘chit’ for a modestly increased Social Security payment when they retire.”

Can’t speak for anyone else but I will then consider all federal gov tax obligation satisfied in perpetuity.


20 posted on 01/06/2014 6:43:39 AM PST by TalBlack (Evil doesn't have a day job.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Yosemitest

How deep into the Earth would one have to dig to bury a single stack of 100 dollar bills whose total value was 17 trillion dollars?

Clue: the thickness of all denominations of paper/rag US money is identical.


21 posted on 01/06/2014 7:45:43 AM PST by Graewoulf (Democrats' Obamacare Socialist Health Insur. Tax violates U.S. Constitution AND Anti-Trust Law.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Graewoulf

The Earth isn’t “THICK” enough.


22 posted on 01/06/2014 7:46:51 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 21 | View Replies]

To: Graewoulf
Here is what 15 Trillion dollars look like.
The blocks of money are stacks of $100 bills worth $10,000 each.
Welcome to the 2011 United States Federal Debt.
2012 is already slated at $16.4 Trillion.
23 posted on 01/06/2014 7:55:03 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 21 | View Replies]

To: Yosemitest

You are on the right track, but the human eye will rationalize that the stack that you show still is not as tall as the Statue of Liberty.

Sooooooooo - - - How deep into the Earth would one have to dig to bury a single stack of 100 dollar bills whose total value was 17 trillion dollars?

Clues:

1.) The thickness of all denominations of paper/rag US money is identical.
2.) The thickness of a 100 dollar bill is 0.0043 inches.
3.) Assume that there is no space between the 100 dollar bills.


24 posted on 01/06/2014 8:17:21 AM PST by Graewoulf (Democrats' Obamacare Socialist Health Insur. Tax violates U.S. Constitution AND Anti-Trust Law.)
[ Post Reply | Private Reply | To 23 | View Replies]

To: Yosemitest

This is a likely scenario. Obviously, there is enough supposition to pick it apart. But the dominoes are all in place. I do not think that China, Russia, etc. will come out of this scenario only lightly scathed. I have converged on the idea that an economic collapse in the US will happen as a result of a worldly cascade of disasters.


25 posted on 01/06/2014 8:23:41 AM PST by VRW Conspirator ( 2+2 = V)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Yosemitest
This can't happen because the Fed will step in and buy bonds, in which case the Chinese will get a couple trillion seriously devalued dollars in return for their Treasuries, which would push the value of the Yuan up to the point that their exports die.

It would be as though they decided to shoot themselves in the head.

26 posted on 01/06/2014 8:56:51 AM PST by pierrem15 (Claudius: "Let all the poisons that lurk in the mud hatch out.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Graewoulf
17 trillion dollars in 100 dollar bills equals 115,372.47474747474 miles or 115,372 miles 2,506 feet 7 inches and .9999995264 inches.
But the earth is only at the equator is 7,926.28 miles miles in diameter and from pole to pole is only 7,899.80 miles.

So like I said before, the Earth is NOT "Thick" enough.
It would require you to dig through 14.555630131663277 earths.
27 posted on 01/06/2014 9:03:05 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 24 | View Replies]

To: pierrem15

Hopefully, someone will beat them to it.


28 posted on 01/06/2014 9:05:06 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 26 | View Replies]

To: Yosemitest

Even Barry Soetoro is not that big a spender.

Try again.


29 posted on 01/06/2014 9:09:46 AM PST by Graewoulf (Democrats' Obamacare Socialist Health Insur. Tax violates U.S. Constitution AND Anti-Trust Law.)
[ Post Reply | Private Reply | To 27 | View Replies]

To: Graewoulf

I’ve wasted enough time on this silliness.


30 posted on 01/06/2014 10:01:02 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 29 | View Replies]

To: Graewoulf
Here's the work. Where is it wrong?
Correct the mistake.
31 posted on 01/06/2014 10:03:48 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 29 | View Replies]

To: Yosemitest

32 posted on 01/06/2014 10:32:27 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 31 | View Replies]

To: Graewoulf

It would require you to dig through 1.4555630131663277 earths.


33 posted on 01/06/2014 10:33:05 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 24 | View Replies]

To: Yosemitest

many others (including George Soros) have been planning it for many many years.
...........
George soros sold his position in gold in early 2013
http://money.cnn.com/2013/02/15/investing/soros-gold/

currently soros is bullish on the US economy because of oil. that means he’s also bullish on the dollar.


34 posted on 01/06/2014 11:22:47 AM PST by ckilmer
[ Post Reply | Private Reply | To 1 | View Replies]

To: ckilmer

He’s been saying he wanted to “Collapse the Dollar” for many years, regardless of his current position on gold.


35 posted on 01/06/2014 6:54:23 PM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 34 | View Replies]

To: ckilmer

36 posted on 01/06/2014 8:18:21 PM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 34 | View Replies]

To: Yosemitest

The decline of the dollar “is what George Soros wants and what he has proposed in the past,” he noted.
.................
This was absolutely true in 2008. But crap you ever looked at a picture of the dollar from 2001 to 2008—you didn’t need a George Soros to see that the dollar was going down the toilet....

But the world has radically changed meat cleaver through your brains in the last 5 years.

Oil changes everything...including the value of a currency and the price of gold. Dollar goes up. Gold goes down.

You’re probably a young whipper snapper. You don’t remember the 1970’s. What’s happening now is the mirror image opposite— of what happened then.

Even Soros is not such a fool that he doesn’t change with the times. Right now Soros hates gold. Soros likes the US economy and by extension the US dollar.


37 posted on 01/07/2014 6:39:06 AM PST by ckilmer
[ Post Reply | Private Reply | To 36 | View Replies]

To: ckilmer
I graduated high school in 74 and I've got over 26 years in the military.
I'm not sure I remember exactly what you're hinting at and who your talking about.
Mr Peanut was pretty bad, and I was working in the control tower when the 747s landed at Columbus AFB
and loaded up all the Iranian student pilots and hauled them back to Iran to be executed by their new government.
But I think today is much, much worse!

NEVER BEFORE IN OUR HISTORY have we had an ILLEGAL ALIEN elected pResident that is so "ANTI-United States" and is working with our ENEMIES to destroy us from within.
NEVER !
38 posted on 01/07/2014 6:48:07 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 37 | View Replies]

To: ckilmer

In short, you’re full of it!


39 posted on 01/07/2014 6:48:58 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 37 | View Replies]

To: Yosemitest

In short, you’re full of it!
............
Proof is in the pudding. Watch the value of the dollar go sideways to up this year. And the value of the gold to go sideways to down.

You don’t need me. Just use your eyes and your brains. Just don’t accuse your eyes of lying.


40 posted on 01/07/2014 6:50:56 AM PST by ckilmer
[ Post Reply | Private Reply | To 39 | View Replies]

To: Yosemitest

NEVER BEFORE IN OUR HISTORY have we had an ILLEGAL ALIEN elected pResident that is so “ANTI-United States” and is working with our ENEMIES to destroy us from within.
NEVER !
...........
Well this is true.

I’m just talking about the direction of the dollar and gold.


41 posted on 01/07/2014 6:52:49 AM PST by ckilmer
[ Post Reply | Private Reply | To 38 | View Replies]

To: ckilmer
Have you ever been overseas and affected by the "Exchange Rate" of the Dollar?
I think not.
Even on Bloomberg TV, the Dollar is down and in the red against almost all of the other currencies.
42 posted on 01/07/2014 6:55:15 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 40 | View Replies]

To: Yosemitest

The dollar has been going sideways since 2008.
http://bit.ly/1dcIO34

Anybody who knows anything about oil—which means you can’t be from Texas—knows that a country with strong oil production will have a strong currency.

That’s the next direction of the dollar. The dollar is not going to break down. The dollar is going to break upwards.

As the dollar breaks upward it will push down the price of gold and also the price of oil.


43 posted on 01/07/2014 7:15:03 AM PST by ckilmer
[ Post Reply | Private Reply | To 42 | View Replies]

To: Yosemitest
Think "it couldn't happen" ?

Not only do I not think that, I think it is a 100% guarantee. The only question is when.

44 posted on 01/07/2014 7:16:11 AM PST by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ckilmer

My ex-wife is a real-time computer programmer for Shell Oil out of Houston TX, and works servicing the controlling programs in the oil wells down inside the pipes that open and shut the valves.


45 posted on 01/07/2014 7:45:00 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 43 | View Replies]

To: Yosemitest

My ex-wife is a real-time computer programmer for Shell Oil out of Houston TX, and works servicing the controlling programs in the oil wells down inside the pipes that open and shut the valves.
..............
well that’s something.

here’s a graph of US oil imports
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MTTIMUS1&f=M

Here’s what’s killing US oil imports.
texas field oil production.
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcrfptx2&f=m
north dakota oil production.
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPND1&f=M
colorado field oil production
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPCO1&f=M
pennsylvania field oil production
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPPA1&f=M
oklahoma field oil production (judging by what I hear from the scoop field—the curve on this graph will steepen)
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPOK1&f=M
new mexico field oil production
http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MCRFPNM1&f=M


46 posted on 01/07/2014 8:31:04 AM PST by ckilmer
[ Post Reply | Private Reply | To 45 | View Replies]

To: Lazamataz
Murphy's Law ~ Murphy was an optimist
47 posted on 01/07/2014 9:20:13 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 44 | View Replies]

To: Yosemitest
Man, you're good! My calculator melted...


48 posted on 01/07/2014 10:02:34 AM PST by carriage_hill (Peace is that brief glorious moment in history, when everybody stands around reloading.)
[ Post Reply | Private Reply | To 32 | View Replies]

To: carriage_hill

Mostly, it’s a simple matter of moving the decimal point on both sides of the equation.


49 posted on 01/07/2014 10:10:03 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 48 | View Replies]

To: ckilmer
So you don't think that losing jobs in the United States,
that so many people thrown into the unemployment lines by the ILLEGAL ALIEN IN CHIEF's laws and policies,
aren't the MAIN reason that US oil imports are down?
50 posted on 01/07/2014 10:16:33 AM PST by Yosemitest (It's Simple ! Fight, ... or Die !)
[ Post Reply | Private Reply | To 46 | View Replies]


Navigation: use the links below to view more comments.
first 1-5051-54 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson