Bye bye Dollar, hello Gold & Silver Site about the demise of the US dollar and the FEDs money printing policy

New 2012 - 02 - 15:

[02:00 pm] The current situation: Barron - This is Financial Armaggedon, Lehman x 1,000

[02:00 pm] When the whole world gets out of the fiat currencies: Fitzwilson - The Entire Planet’s Financial System is at Stake

[06:30 am] Video: Money, Banking and the Federal Reserve

Thomas Jefferson and Andrew Jackson understood "The Monster". But to most Americans today, Federal Reserve is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and operates; or of the sound money and banking that could end the statism, inflation, and business cycles that the Fed generates.

A monster that will soon turn the life of millions of people into a nightmare. Gold and silver bugs not included.

New 2012 - 02 - 14:

[12:45 pm] King World News: Pento - Looming Debt Market Collapse to Destroy the Dollar

For the uninformed on Wall Street and in Washington, the growing tide of red ink is a signal that America is returning to normalcy.  The only problem with that is our so called ‘normalcy’ is rapidly leading us into insolvency. The sad truth is that our desire to consume foreign made goods, with money that is borrowed, is evidence that our country is growing weaker by the day.

That's a very typical behavior for average credit slaves. They simply don't know the difference between liabilities and assets. They think that 'more debt' means 'more affluence'. A conclusion that will have disastrous consequences for all of them.

Our own bond bubble will pop just like it has already burst in Southern Europe.  When the U.S. debt market collapses, trillions of dollars will be thrown on to the foreign exchange market, as foreigners repatriate back into their domestic currencies.  For most Americans the destruction of our dollar and our debt will be very pernicious.  Owning precious metals will help preserve your wealth when the USD loses its status as the world’s reserve currency.

Got Gold and Silver?

New 2012 - 02 - 07:

[01:00 pm] US News: The Fed's drive to inflation

[01:00 pm] The results of the past 40 years say the opposite: The Federal Reserve's Explicit Goal: Devalue The Dollar 33%

[01:00 pm] GATA: Murray Pollitt's final commentary: Money mountain

New 2012 - 01 - 22:

[08:15 am] Iran is desperately trying to keep up commerce: India Joins Asian Dollar Exclusion Zone, Will Transact With Iran In Rupees

[08:15 am] A conspirative article: Are The Middle East Wars Really About Forcing the World Into Dollars and Private Central Banking?

[08:15 am] An interesting theory regarding the Iran crisis: Persian Gulf Crisis Staged For Fed Bailout Of European Banks

“Aabar Investments PJS, the Abu Dhabi-based sovereign wealth fund, plans to increase its stake in UniCredit SpA to 6.5 percent through the lender’s rights offer, which would make it the bank’s biggest investor,” Bloomberg reported on Jan. 18.

That, in addition to the half-billion dollar currency swap with Europe (NYSE:VGK) has Fed-driven foreign policy fingerprints smeared all over artificially high oil prices (NYSE:USO).

U.S. warships raise the price of oil for its friends in the Middle East, who then help the Fed bailout European banks while providing support to the dollar.

Did they have to convince the Arabians "to invest" in Unicredit and the FED to rescue European banks - with threats of war? And:

Newsletter writer Jim Willie Ph.D of the Hat Trick Letter told the Silver Doctors radio show that UniCredit is the bank to watch for its Lehman-like potential in the Eurozone. A collapse of UniCredit most assuredly will trigger the feared financial Armageddon scenario within an economic block representing approximately 22 percent of world GDP, an event the U.S. and China (NYSSE:FXI) do not want to happen. For them, a European credit collapse immediately moves the crisis to the U.S. and China.

“So next on tap is UniCredit going bad, going bust, failing, turning to dust. And when that happens look for at least another couple Italian (NYSE:EWI) banks to also go bust,” Willie said. “And when that happens look for the French banks to go bust. The three major French (NYSE:EWQ) banks. Credit Agricole, BNP Paribas, and Societe Generale. And when that happens look for at least one or two London banks to go bust- they’re all inter-connected!”

So Unicredit is the most vulnerable bank in th entire universe.

PS: The price of oil would collapse due to a decreasing global demand. However, the Americans won't allow this to happen, so that Arabians can continue to invest in US Treasuries.

New 2012 - 01 - 13:

[09:45 am] Eric Sprott: The Financial System is a Farce

[09:45 am] And they are doing a very bad job: Central Banks at Work

New 2012 - 01 - 06:

[01:30 pm] The intrinsic value of paper money always goes to 0: The endless cycle of currency debasement

New 2012 - 01 - 05:

[02:00 pm] More dollar dilution ahead: Fed Will Be Forced to Ease Again Soon: Morgan Stanley

New 2011 - 12 - 26:

[07:00 am] The First 12 Hours of a US Dollar Collapse

New 2011 - 11 - 30:

[02:45 pm] What usually follows a central bank intervention like the one of today: Liquidity Swap Announcement: A Repeat of 2008

New 2011 - 11 - 10:

[12:30 pm] Dollar & War: War scenario: invest in non dollar assets of which gold is No.1

New 2011 - 11 - 06:

[06:30 am] Video: “Reckless” Bernanke Is Creating the Next Crisis: Peter Schiff

[06:30 am] Video - the bears describe what Ben does: Quantitative Easing Explained

New 2011 - 10 - 27:

[05:00 pm] Caseyresearch: Rick Rule: "Bet against the dollar as a store of value"

New 2011 - 10 - 24:

[03:00 pm] Bye bye Dollar, hello Gold & Silver: Extremely high risk of US dollar collapsing

New 2011 - 10 - 21:

[05:45 pm] 24hGold: Worthless trillion dollar paper

[05:45 pm] GoldCore: US money supply surges 33% in 4 months

New 2011 - 10 - 20:

[05:15 am] With continued worries surrounding the metals markets, today King World News spoke with the firm that is calling for $10,000 gold: KWN Special: Dollar Devaluation Coming, Gold to be Revalued

New 2011 - 10 - 18:

[10:00 am] The Day After The Dollar Crashes - A Survival Guide for the Rise of the New World Order

[10:00 am] The Day the Dollar Died

New 2011 - 10 - 11:

[02:00 pm] Right: The best is over for the dollar: Forecasters

New 2011 - 10 - 05:

[01:00 pm] Peter Schiff cuts it right to the chase: U.S. dollar is the monetary titanic

New 2011 - 09 - 23:

[09:45 am] Monetary madness: Is the US Monetary System on the Verge of Collapse?

New 2011 - 09 - 12:

[12:30 pm] Safehaven: Stocks/Commodities May Get Hammered If Dollar Rallies

We will see what happens to stocks and commodities. What we defnitely know is that the dollar is what's getting hammered sooner or later.

Or as our fellow campaigner Chris Duane (Don't-tread-one.me) always says: The collapse of the dollar is mathematically inevitable.

New 2011 - 08 - 20:

[04:45 am] Who will exchange his dollars for gold this time? Waiting for De Gaulle

New 2011 - 08 - 19:

[10:45 am] Marc Faber: 5 Money Moves 'Dr. Doom' Is Making Now

"U.S. government bonds are junk bonds," Faber said. "As long as they can print, they can pay the interest. But another way to default is to pay the interest and principal in depreciating currency.

"For that reason I would advocate a wide basket of diversification out of dollar-based assets," Faber added. "The dollar may rally somewhat, but clearly in the long run the dollar and other paper currencies — the euro is not much better — will have a depreciating tendency vis-a-vis honest money: gold and silver."

New 2011 - 08 - 17:

[12:30 pm] Video: Peter Schiff : Get out of the US Dollar NOW !!!

[10:30 am] Video: Lew Rockwell: Death of the Dollar

New 2011 - 08 - 08:

[08:00 pm] The financial system - as we know it - is on the edge right now.

New 2011 - 08 - 06:

[08:15 pm] Video: The Day After The Dollar Crashes - A Survival Guide for the Rise of the New World Order

That's what a real crash looks like. Out of all paper, into gold. But a global currency - as shown in the video - will not become reality.

New 2011 - 08 - 04:

[02:30 pm] Haha, strong? Strong dollar, weak jobs outlook fuel market plunge

New 2011 - 07 - 30:

[11:30 am] Mineweb: Gold the cornerstone of portfolio to preserve wealth - dollar will fail! - Jay Taylor

New 2011 - 07 - 28:

[01:45 pm] A nice collection: Famous Quotes about Fiat Money

“The problem with fiat money is that it rewards the minority that can handle money, but fools the generation that has worked and saved money.” - Adam Smith -

Gold and silver bugs belong to the group which can handle money, sheep and paper tigers belong to the group of fools who want to get sheared - voluntarily, as it seems.

New 2011 - 07 - 22:

[12:00 pm] A very interesting question: $14T in debt, but who owns all that money?

Always keep in mind that $1 of debt is directly linked to $1 of wealth. This means that $1 of debt represents a liability on the balance sheet of a person, while another person can call this $1 an asset on his balance sheet. There is no wealth without debt, at least in the fiat money system.

New 2011 - 07 - 16:

[05:00 pm] If you haven already done so yet, watch these 5 videos about how money is actually created by the central banks: Money As Debt Must Watch!

After watching these vids, you should be aware of a couple more reasons why investing in gold and silver makes sense, and why the dollar, just like any other fiat currency, is doomed to fail, in the long-term.

New 2011 - 07 - 11:

[12:00 pm] Perhaps in the short-term: Best currency forecasters say dollar slump over

The dollar is able to make up ground against the euro today, because of the intensifying debt crisis in Europe. However, in the mid- and especially the long-term, the US dollar is just as condemned to death as any other fiat currency in the world. So from this point of view, the dollar 'slump' hasn't even begun yet.

Previous posts: Sep 11 (2010) until July 10 (2011)