Re: Forecast: U.S. dollar could plunge 90 pct

Observer wrote:
On Mon, 28 Jul 2008 15:13:46 -0500, aezael wrote:

On Sun, 25 Nov 2007 22:22:06 -0800 (PST), thomasdixonjr@xxxxxxxxxxxx
wrote:

On Nov 25, 9:15 pm, Bob Brock <bbr...@xxxxxxxxxxxxxx> wrote:
RHINEBECK, N.Y., Nov. 19 (UPI) -- A financial crisis will likely send
the U.S. dollar into a free fall of as much as 90 percent and gold
soaring to $2,000 an ounce, a trends researcher said.

If the dollar falls 90%, gold will be way higher than $2000. Multiply
what you pay for ANYTHING by 10, is what a 90% devaluation means.

"We are going to see economic times the likes of which no living
person has seen," Trends Research Institute Director Gerald Celente
said, forecasting a "Panic of 2008."

Sure. No one lived thru Weimer Germany. No one is living in
Zimbabwe. Who wrote this crap?

>

Take just the USA - in 1933 80% of the population lived on farms
or in small towns which supported local farm economies. They were not
endangered by the 1929 crash. The 'dust bowl' catastrophe had a larger
effect.

In 2008 80% of the population lives in cities and is *wholly dependent*
upon external production and delivery of food, water and energy.

All it would take for collapse is the failure of one of the three
essentials.

In 1933 most countries of the world had no connection to western
banking. In 2008 every country is tied to it.


>
>
The only people who will benefit are jew bankers and gold merchants.
The jews made billions from profiteering from the Iraq war, and are
waiting for the crash to pave the streets of Tel Aviv with US gold.

Have we audited the gold in Fort Knox lately?
In 1934 Roosevelt devalued the dollar to 90 cents on the dollar and it
came back just let you know.

It came back? When? I know a lot of folks who'd like 2 or 3 cartons
of smokes for a lousy dollar. Hell, I'd appreciate silver at under a
dollar an ounce. Where do I sign up for this wonderful rebound
bounty? Or were you just blowing smoke?


I think he's suggesting that there is no gold in Ft. Knox and that
FDR paid a fraction of its street value when he confiscated the
suckers gold in 1933.






__

Peak oil? I dunno.

Obama vs McCain? PEAK BULL***!


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