USD is starting to tank on news the FED is monetizing the debt!

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Dubsta, can you do some research on how much gold reserve the US has ? would be interesting to see if how their gold holdings are off from their debt !

Every sane country would have gold to back up their currency except the US ...LoL
 
What ever they state about their GOLD reserves is a lie.

No gold in Fort KNOX for a long time....

According to wiki which has changed the listing recently (*wink)

Official gold reserves - Wikipedia, the free encyclopedia

another one here

Total Reserves of Foreign Exchange and Gold per Country


You can see what kind of huge disparity there is between these 2 figures...

Would be nice to have accurate numbers.

It is a FACT, that the FED refuses to have an audit.
Ron Paul has tried a few times already, I am certain that the US is just a paper ponzi scheme.

Soon we will see that the EMPEROR has no CLOTHES!
 
EdT said:
Dubsta, can you do some research on how much gold reserve the US has ? would be interesting to see if how their gold holdings are off from their debt !

Every sane country would have gold to back up their currency except the US ...LoL
Click to expand...

There's not enough gold in the world to even back the US' yearly GDP.
Get a clue.
 
i read places that there is no gold at all in Fort Knox. it's completely empty.

i think only switzerland and a couple other countries have a gold backed currency. the rest are fiat, that's why everybody's shitting bricks with inflation
 
Sandro strikes again with his false claims of inflation. Inflation will come, but it ain't here yet. You're currently embrassing deflation.

1. Lower wages
2. Lower house prices
3. Lower product margins
4. Lower stock market
5. Baltic index down the drain

Bla bla bla

I could go and on, inflation is around the bend, a few hundred days away maybe, yet we're not sure yet if it will be a stable inflation or hyper inflation.
 
if you don't think inflation is here now you need to get out of your mother's basement and start buying your own food for supper. see what the price of a loaf of bread costs you today versus 5-10 years ago.

anyway, keep posting your garbage. my ignore shutters are back on.
 
God Sandro you're such a troll.

Obviously there was inflation between 1999 and 2009 because there was actually economic growth. With economic growth comes inflation through various indicators such as increased in wages, house prices, commodity prices, natural ressources prices, etc.

If you take a current look at 2008-2009, you will clearly notice deflation. Deflation is noticed through the combination of multiple indicators:

Lower commodity prices, check.
Lower natural ressources prices, check.
Lower housing prices, check.
Market crash, check.
Increase in gold prices, check.
Lower Baltic dry index, check.

Have you looked at the price of gas lately? You speak of groceries, compared your bills between Feb '09 and Feb '08, unless you like Californian's oranges as you'll pay a premium of currency exchange rates, you'll be paying less for more.

Have you shopped for a car lately? Have you shopped for a TV? Bought a plane ticket? There are SO many examples of deflation.

The stock market, while being overpriced and overly inflated I'll give you that, is back to 1990 levels. That's 20 years of gain, value, inflation, boom, gone. You call this INFLATION?

I propose we start an "educate Sandro" fund and use these funds to sponsor a few economic classes for you.
 
Sandro_Bit said:
i read places that there is no gold at all in Fort Knox. it's completely empty.

i think only switzerland and a couple other countries have a gold backed currency. the rest are fiat, that's why everybody's shitting bricks with inflation
Click to expand...

dude, I am disapointed....

The swiss franc is taking a major shit since the US has been trying to force them to turn over american clients with Swiss Bank Accounts.
They are in the midst of a currency war right now.


No currency in the world is backed by gold


Inflation...and then Hyper Inflation...will begin in China, and it will DESTROY the DOLLAR.

Market Skeptics: *****Hyperinflation will begin in China and destroy the dollar*****
 
I love the present market
Gained 46% in one day with SEED
and gold was down 890, went up to 960
HUGE amount of money to be made
 
^ gold with obvious manipulation...went from 888 to 950 today, it then settled at 940 about.

Gold knows what helicopter ben is going to do, and it will react violently!
 
dubsta said:
dude, I am disapointed....

The swiss franc is taking a major shit since the US has been trying to force them to turn over american clients with Swiss Bank Accounts.
They are in the midst of a currency war right now.


No currency in the world is backed by gold


Inflation...and then Hyper Inflation...will begin in China, and it will DESTROY the DOLLAR.

Market Skeptics: *****Hyperinflation will begin in China and destroy the dollar*****
Click to expand...

i wasn't saying it was 100% backed by gold i said "i believe it is". i wasnt sure
 
Sandro_Bit said:
if you don't think inflation is here now you need to get out of your mother's basement and start buying your own food for supper. see what the price of a loaf of bread costs you today versus 5-10 years ago.

anyway, keep posting your garbage. my ignore shutters are back on.
Click to expand...

Awww why did you have to bring that up ?, it brings back old memories when I was a kid when a loaf of bread cost , .07c a loaf, a gallon of milk was a .25c, gas was .25c a gallon and a carton of cigs was under $4 ! ...dam the good old days !
 
Gregster said:
People also made 100$ a week...
Click to expand...

Do the math and you will find it surprising they had more purchasing power then than now !

Example:

Then
$100 / $.07 = 1429 loaf of bread

...Now
$800 / $3 = 267 loaf of bread !

Its scary that the same pattern is happening again !

[ame=http://www.youtube.com/watch?v=JAcjTqLBuzA]YouTube - The Federal Reserve Scam - How it happened and what it means[/ame]
 
and it goes on and on from the beginning to the end ----) one day money will be out in the street and will worth nothing
 
EdT said:
Do the math and you will find it surprising they had more purchasing power then than now !

Example:

Then
$100 / $.07 = 1429 loaf of bread

...Now
$800 / $3 = 267 loaf of bread !

Its scary that the same pattern is happening again !

YouTube - The Federal Reserve Scam - How it happened and what it means
Click to expand...


Yep that's the sad part... they also had access to less credit and less luxury items. When my mom was growing up she said only 6 people on her street had cars and many of her friends didn't even have TVS... Then again a new Chevy was 6k.

Today its normal for a house to have 5 tv's and 4 cars.

I was buying food today and was just in shock over prices... 6$ for a pack of cheese? 7$ for a box of cereal? The price of jam is crazy as well... nearly 5$. Good thing I make my own but even simple jars cost 15$ a box.
 
EdT said:
Do the math and you will find it surprising they had more purchasing power then than now !

Example:

Then
$100 / $.07 = 1429 loaf of bread

...Now
$800 / $3 = 267 loaf of bread !

Its scary that the same pattern is happening again !
Click to expand...

Did China's republic teach you these maths?

Holy freaking 144 of IQ batman, nice comparaison.

If only you and all of your brotherhood of conspiracy theorists would actually understand the burden of proof is on YOUR shoulders and actually try to provide unbiaised sources instead of crappy youtube clips and weak gossip columns type of links we MIGHT take you more seriously.

Following your maths, if they even qualify as such, we'd already be dead.
 
People are stupid!

They don't realise inflation is basically government sanctioned theft from the people.
Its another form of taxation, with REAL SOUND money, this could never happen.
 
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