Mark my words, this is completely organized by the US to shift focus away from their problems, which are similar but in a much larger scale. This is financial warfare. (that is not to say that EU is doing well)
And also it seems that silver and gold goes against the dollar, but not the euro. What is the logic there? Everyone is printing anyway...
S & P ratings are a joke. No country NEEDS a credit rating.
NO country needs to "borrow" money at interest from private bankers who produce it from nothing. Only politicians in the pockets of these "banksters" fall into line because their survival depends on it.
Iraq then Libya both decided to by-pass the banksters so they had to go. Iran has decided to do the same. So they're next on the hit list. Lincoln and Kennedy had the same idea and they were assassinated.
Only when Russia and China decide to do the same thing will the cowards in the USA and NATO back-down. Then "banksters" game will be over.
Note that gold and silver are presently tied to the dollar in the US because it is currently the world reserve currency. Therefore, gold and silver goes as the dollar goes. Your point that it doesn't seem to be affected as much by the Euro printing is true. But let your thumb hang loose and hold on. China, Russia, India, Japan, Venezuela, etc. have started trading in their own currencies, effectively decoupling from the dollar. Soon the Dollar will lose its world reserve status. All that foreign money printing equates to potential energy that is building up. When that potential is released and goes kinetic and the dollar isn't the reserve, gold/silver will, in my lowly opinion, go ballistic.
Let you thumb hang loose and hold on for the ride.
The real problem is not the dollar or euro or any other currency....
The real thing is that oil and others resources are getting more and more scarse, obvious since we live in a limited planet, and the politicians, all over the world, are trying to make their prices artificially low...
6 comments:
Mark my words, this is completely organized by the US to shift focus away from their problems, which are similar but in a much larger scale. This is financial warfare. (that is not to say that EU is doing well)
And also it seems that silver and gold goes against the dollar, but not the euro. What is the logic there? Everyone is printing anyway...
S & P ratings are a joke. No country NEEDS a credit rating.
NO country needs to "borrow" money at interest from private bankers who produce it from nothing. Only politicians in the pockets of these "banksters" fall into line because their survival depends on it.
Iraq then Libya both decided to by-pass the banksters so they had to go. Iran has decided to do the same. So they're next on the hit list.
Lincoln and Kennedy had the same idea and they were assassinated.
Only when Russia and China decide to do the same thing will the cowards in the USA and NATO back-down. Then "banksters" game will be over.
ANON 3:24,
Note that gold and silver are presently tied to the dollar in the US because it is currently the world reserve currency. Therefore, gold and silver goes as the dollar goes. Your point that it doesn't seem to be affected as much by the Euro printing is true. But let your thumb hang loose and hold on. China, Russia, India, Japan, Venezuela, etc. have started trading in their own currencies, effectively decoupling from the dollar. Soon the Dollar will lose its world reserve status. All that foreign money printing equates to potential energy that is building up. When that potential is released and goes kinetic and the dollar isn't the reserve, gold/silver will, in my lowly opinion, go ballistic.
Let you thumb hang loose and hold on for the ride.
2 oz. per week
The real problem is not the dollar or euro or any other currency....
The real thing is that oil and others resources are getting more and more scarse, obvious since we live in a limited planet, and the politicians, all over the world, are trying to make their prices artificially low...
That can last for sometime, but bot for ever...
not for ever
Matter is neither created nor destroyed only rearranged.
Oil companies already have a substitute. One method is to grow algae in glass tubes. The other way is to use NG, H2, or propane or electricity.
The key is at what price. So, once crude price rises above the other forms of energy, there will be substitution
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