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Author Topic: What would you do if the US Dollar crashed ?  (Read 4197 times)
botany
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December 10, 2014, 12:36:22 PM
 #61

Buy pound or euro

There is no reason why the pound should become the favoured currency if the USD crashes. It would be much better to move your wealth to other asset classes - real estate, gold, bitcoin.. when the USD crashes.
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December 10, 2014, 04:04:10 PM
 #62

before usd goes kaput every other fiat paper will have to go down first except n korean, iranian, syrian or any other state that can nationalise their central bank just before the fourth turning event.
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December 10, 2014, 04:30:15 PM
 #63

before usd goes kaput every other fiat paper will have to go down first except n korean, iranian, syrian or any other state that can nationalise their central bank just before the fourth turning event.
USA is too inteligent to let their empire crash, they will have a backup plan. They will not let trash countries like NK take over.
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December 10, 2014, 05:06:23 PM
 #64

As long as US Army is the strongest USD will stay as the reserve money
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December 10, 2014, 05:23:38 PM
 #65

before usd goes kaput every other fiat paper will have to go down first except n korean, iranian, syrian or any other state that can nationalise their central bank just before the fourth turning event.
USA is too inteligent to let their empire crash, they will have a backup plan. They will not let trash countries like NK take over.

aha.

Roman Empire, Mongol Empire, Russian Empire, British Empire, Byzantine Empire, Han Dynasty, Persian Empire, Umayyad Caliphate, Ottoman Empire, USSR..

you really think USA is any different? they always collapse at the expense of the citizens/subjects of the state.
Ibian
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December 11, 2014, 01:11:19 PM
 #66

before usd goes kaput every other fiat paper will have to go down first except n korean, iranian, syrian or any other state that can nationalise their central bank just before the fourth turning event.
Backwards. It will begin with the dollar and every other western currency will follow.

Look at the debt. It is so high that they literally can not pay even the interest off. This means it will keep growing, which can only have one of three results: Hyperinflation, default or a war that makes the last one look like a firecracker.

Look inside yourself, and you will see that you are the bubble.
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December 11, 2014, 01:31:59 PM
 #67

before usd goes kaput every other fiat paper will have to go down first except n korean, iranian, syrian or any other state that can nationalise their central bank just before the fourth turning event.
Backwards. It will begin with the dollar and every other western currency will follow.

Look at the debt. It is so high that they literally can not pay even the interest off. This means it will keep growing, which can only have one of three results: Hyperinflation, default or a war that makes the last one look like a firecracker.

well to be honest those that control fed also hold every other central bank in their pocket. look around other countries - how many of them went through inflation against the reserve currency recently? id say that most of the world is now creating artificial demand for dollars through destroying wealth of their citizens. fed guys will keep the dollar afloat at the expense of other fiats for as long as it takes. or, for as long as the masses of the world will be able to tolerate it. moving to other asset classes as an escape route from these shenenigans is the only solution.
i believe that there might be global fiat devaluation against the dollar as a last attempt to create demand - that will buy them some time. followed by massive property, physical metals and perhaps btc bubbles as masses try to rush throgh the door saving their wealth. then most probably a global scale provocation to start a war as bankers rather humans fight each other, than come knocking with pitchforks in their hands.
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December 11, 2014, 02:30:10 PM
 #68

The dollar index will continue it's rally. If you really want to go bottom fishing for currencies that have turned to dogs recently, the Canadian dollar and the Australian dollar comes to mind.

The Euro has been pretty solid all things considered, but what if the ECB caves and instills a QE policy to encourage economic growth in the Eurozone... would gold, silver, and other precious metals continue its downward momentum making new lows? Yeah probably.

My bet is on the USD right now. All dips have been bought and it's slowly but surely creeping it's way higher. Plus so many of you have entertained the notion of the USD crashing (especially when the dollar index is not even that volatile to begin with) that I feel comfortable taking a long position in USD.

Just my .00005611 BTC.
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December 11, 2014, 10:00:52 PM
 #69

Gold and Silver
Hidden Secrets of Money
https://www.youtube.com/watch?v=DyV0OfU3-FU
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