Gold and Silver
Hidden Secrets of Money
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Topic: What would you do if the US Dollar crashed ? (Read 4233 times)
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.
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.
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.
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.
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.
As long as US Army is the strongest USD will stay as the reserve money
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.
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.
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.
Buy pound or euro
I think it is not a problem if the dollar has crashed, because there are still other currency could be an alternative trading currencies, such as the euro, yen and others. it is still a very small possibility for the time being, because the dollar is still the belle of the trading currency, the world community is still very interested in collecting dollars, while the dollar linkage with bitcoin, it is like two sides of a coin that can not be separated, mutual need and complement one another ... 
What would be the wisest course of action ? Keeping reserves in Euro's to buy Bitcoin the moment the news of a dollar crash hits ?
If USD crashes - and I really do not see it in even long term - it will be together with other fiat money.
When it happens, there will be already alternative system like BTC or Googlecurrency or whatever else widely accepted as money.
Bitcoin won't replace the USD, it may be the currency of online exchange, but the USD is going to stay.
my Whole Capital is backed up by weed, bought for USD. when the USD crashes i'll be the king of the streets! trading Weed for Guns and shit.
The gains that weed can make would be limited. But if the USD crashes, other currency traders would panic too. Bitcoin could go to the moon.
my Whole Capital is backed up by weed, bought for USD. when the USD crashes i'll be the king of the streets! trading Weed for Guns and shit.
You would buy USD after a crash ? I read some articles online that the US Government would switch to a new, gold backed currency. Sounded like a crackpot conspiracy though.
going back to gold backed currency will be economical suicide for any country within influence of western hegemony - instantly making them 3rd world countries in process. only china can have that status as biggest holder thanks to help of rothchilds. china will grow thanks to gold slowly changing its society with increased consumption.
im not agree gold its not good for investment now.
i didnt say gold is not good for investment. in fact its a very good investment. but dont mix up that notion with a gold-backed currency system - its completely misleading and not positive at all for development of economy for any state. to break it down for you shortly: it makes largest holder of gold always own others - its an exploitation based system that usually dont last too long. also by making gold as reserve currency again we literally hand over all worlds power into the hands of a certain family.
Not sure if speed buying can help you take advantage of the spread but if that is the case and you are so confident that usd will crash, then just directly buy euro against usd. Use some of the fx service that let you hedge 100 times your available fund.
You would buy USD after a crash ? I read some articles online that the US Government would switch to a new, gold backed currency. Sounded like a crackpot conspiracy though.
going back to gold backed currency will be economical suicide for any country within influence of western hegemony - instantly making them 3rd world countries in process. only china can have that status as biggest holder thanks to help of rothchilds. china will grow thanks to gold slowly changing its society with increased consumption.
im not agree gold its not good for investment now.
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I don't think dollar would ever drop too much in its price. Its one of the strongest currency in the world and the chance of it dropping would mean a world wide financialproblem solution.
I don't think dollar would ever drop too much in its price. Its one of the strongest currency in the world and the chance of it dropping would mean a world wide financial
FTFY
Oh and we would party in the streets like never before.
I will just buy a load of USD with my EUR.
You would buy USD after a crash ? I read some articles online that the US Government would switch to a new, gold backed currency. Sounded like a crackpot conspiracy though.
I don't listen to news sites and people who are hoping that the USD will fail. It just won't happen.
If there is a significant price drop I will definitely buy up USD. Great investment opportunity.
You are so sure it wont happen. That's exactly when bad things happen; when people thing it wont. Our money can easily become worthless and it can happen in a matter of month. Not because of complex economic systems but because value is merely just an opinion. Opinions can change.
I'm not even sure what the direct and indirect results would be of the dollar collapsing... I'm pretty sure a dollar collapse wouldn't really benefit ANYONE, in the end.
Luckily, i don't own any US dollars in the first place. LOL
I do think bitcoin will be one of the currencies which people will flee to.
Luckily, i don't own any US dollars in the first place. LOL
I do think bitcoin will be one of the currencies which people will flee to.
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