Posters on here who are financialy in tune with the economy.

[HoldEmHook!!]

There is a web site www.endofamerica20.com and I listened to the 25 minute speech from this investor and just wondered what everyone else thinks.......Sounds pretty bad for America if this guy is correct.

[HoldEmHook!!]

I found out about this web site while lstening to foxsports radio on my way home to work

[Dark Horse]

If the IMF replaces the dollar as the world's reserve currency, America as we know it is history. Major economic crisis if that happens. Same thing if Japan, France, Russia, China along with the OPEC countries decide to switch to another currency for oil than the dollar. US economy is on extremely thin ice. The insane debt can not be paid back. That's why other countries don't want the dollar anymore. But as long as the dollar is the world's reserve currency, the US can continue to solve its problems in the short run by simply printing more money. As the only country in the world capable of doing so without balancing its books. Of course, that's a band aid solution that will only increase the debt. The time is close when the rest of the world will no longer accept this. The US was f*cked by the Fed. It's too late now. Of course, the Fed doesn't care. With their monopoly money they and their cronies buy up everything of value before the collapse. They're in bed with the IMF. If the US people knew how they've been raped by the Fed there would be a revolution tomorrow.

[spankie]

sounds pretty stupid to me

[mrmarket]

So it can be concluded that you'll never get that 25 minutes of your life back.

[VegasPlayer]

If the IMF replaces the dollar as the world's reserve currency, America as we know it is history. Major economic crisis if that happens. Same thing if Japan, France, Russia, China along with the OPEC countries decide to switch to another currency for oil than the dollar. US economy is on extremely thin ice. The insane debt can not be paid back. That's why other countries don't want the dollar anymore. But as long as the dollar is the world's reserve currency, the US can continue to solve its problems in the short run by simply printing more money. As the only country in the world capable of doing so without balancing its books. Of course, that's a band aid solution that will only increase the debt. The time is close when the rest of the world will no longer accept this. The US was f*cked by the Fed. It's too late now. Of course, the Fed doesn't care. With their monopoly money they and their cronies buy up everything of value before the collapse. They're in bed with the IMF. If the US people knew how they've been raped by the Fed there would be a revolution tomorrow.

Most people are not aware of this at all. Sad.

[onetrickpony]

If the IMF replaces the dollar as the world's reserve currency, America as we know it is history. Major economic crisis if that happens. Same thing if Japan, France, Russia, China along with the OPEC countries decide to switch to another currency for oil than the dollar. US economy is on extremely thin ice. The insane debt can not be paid back. That's why other countries don't want the dollar anymore. But as long as the dollar is the world's reserve currency, the US can continue to solve its problems in the short run by simply printing more money. As the only country in the world capable of doing so without balancing its books. Of course, that's a band aid solution that will only increase the debt. The time is close when the rest of the world will no longer accept this. The US was f*cked by the Fed. It's too late now. Of course, the Fed doesn't care. With their monopoly money they and their cronies buy up everything of value before the collapse. They're in bed with the IMF. If the US people knew how they've been raped by the Fed there would be a revolution tomorrow.

even if these clueless fuks knew,u think they would actually do something about it?

[AribaAriba]

Pinnacle, the sharpest book stop accepting USD in **, instead they convert my USD to Euro so a big discrepancy in number. US is destine to fail someday because history repeat it self same as Rome empire.

[Cap dat 4ss]

xactly right... If they start to use anything other than the dollar for oil, it's a game changer for sure.

[Dark Horse]

Those who print the money have the power. This should be the government, but instead is a private central bank (Fed). The next step, through the IMF, is to establish a global currency, which will give these bankers control over the world. That's what they're after. So they're fine with the collapse of the dollar.

[HoldEmHook!!]

Wow....This story is very concerning for the US. I dont see how we can ever get out from under our debt.

[pico]

the country with the best military will dominate. US can keep printing the money as long they have global military power monopoly.

[pico]

http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar-1798175.html

"A few months after Saddam Hussein trumpeted his decision, the Americans and British invaded Iraq."

plus the unrests in the middle east are planned by the cia so the anti-usa oil countries will not do something stupid like not accepting usd

[Data]

There is a web site www.endofamerica20.com and I listened to the 25 minute speech from this investor and just wondered what everyone else thinks.......Sounds pretty bad for America if this guy is correct.

I have mixed feelings. I too think that the things are going to get worse and that the debt is an enormous problem with no solution. I too think that investing in PMs is a good idea nowadays. Both of these are fairly common and neither new nor controversial. However, I found his presentation overly simplistic to the extent of being ignorant. Perhaps, it is as it is due to being designed for an economically ignorant audience. And this brings up another important point, this company is in business of selling economic e-publications such as reports and news letters. This explains why the second part of this presentation sounded no differently than any other promotional material touting some product or service.

So, for me, listening to this was a waste of time. For a person who never researched these issue this may ignite an interest in educating himself on the matter. I do not recommend getting any more from this source, though. Instead, I would suggest reading news and articles posted on kitco.com.

[Gonad]

Kitco has a fair share of loons as well... Balanced with some very good stuff...

[MadTiger]

So it can be concluded that you'll never get that 25 minutes of your life back.

Pretty much.

[HoldEmHook!!]

It just seems to be eerie how this comes out at the same time states like Wisconsin and Ohio are looking at bankruptcy

[cant call it]

Good luck getting anyone to care. Most people dont even know what a forced labor camp is, and dont believe they are building them at this very moment all over the united states.

[Ninersnut]

Time to arm yourself and wait for all hell to break loose

[BatemanPatrickl]

Good luck getting anyone to care. Most people dont even know what a forced labor camp is, and dont believe they are building them at this very moment all over the united states.

Are you serious? Neo-cons must be building them right?

[lonesomeloser]

If oil rich middle east countries all created (or were allowed to) an oil bourse (similar to irans) that traded in euros...america would be fukked...that is why cia is causing all this shite in middle east...to get control...that is why they invaded iraq...that is why they hate and will invade iran....having OPEC linked to US $, and the demand that it creates, is the only thing stopping $US crashing imo.

[lonesomeloser]

Are you serious? Neo-cons must be building them right?

FEMA camps. Sorry to say but the American government is evil.

[cant call it]

FEMA camps. Sorry to say but the American government is evil.

[cant call it]

Are you serious? Neo-cons must be building them right?

^^

[lonesomeloser]

http://www.youtube.com/watch?v=Vxd_hsiZ1Ak

3478 FEMA concentration camps or something like that. SCARY!!!!!!!

[Mr KLC]

He packaged everything pretty well before he threw the sale pitch in. Good statistics and facts. I think I'm going to study up a little more on silver.

[ShamsWoof10]

If the IMF replaces the dollar as the world's reserve currency, America as we know it is history. Major economic crisis if that happens. Same thing if Japan, France, Russia, China along with the OPEC countries decide to switch to another currency for oil than the dollar. US economy is on extremely thin ice. The insane debt can not be paid back. That's why other countries don't want the dollar anymore. But as long as the dollar is the world's reserve currency, the US can continue to solve its problems in the short run by simply printing more money. As the only country in the world capable of doing so without balancing its books. Of course, that's a band aid solution that will only increase the debt. The time is close when the rest of the world will no longer accept this. The US was f*cked by the Fed. It's too late now. Of course, the Fed doesn't care. With their monopoly money they and their cronies buy up everything of value before the collapse. They're in bed with the IMF. If the US people knew how they've been raped by the Fed there would be a revolution tomorrow.

I don't believe any of this post is valid..

I was on this wagon from 01' until 06' and I realized this was incorrect... Iran and Venz. "SUPPOSEDLY" started selling oil in Euro 5 years ago.. big deal! I read articles that Russia was taking Euros for payment of oil years ago big deal!

The downswing in the economy has ONE MAJOR reason for it and that is credit is getting tighter and tighter... This could be a bad thing or a good thing depending on your perspective but this whole nonsense about the U.S. being "f*cked" is just that.. nonsense...

[Data]

Kitco has a fair share of loons as well... Balanced with some very good stuff...

I would say the looney stuff is less than 10% of their content and the good stuff is about 10%l. The rest of it is bore. I think that 10% of it being good is unusually high and makes for a good starting place.

[FourLengthsClear]

The only thing that has prevented the USD from tanking to date is the the Euro economies are in just as bad shape.

The levels of debt in the western world (both government and household) are at levels compared to GDP and incomes that are both unprecedented and totally unsustainable. Without a huge increase in manufacturing (not possible due to uncompetitive cost base) the only way to prevent severe recession is continue debt-fueled consumption.

It is a catch 22 that cannot have a happy ending.