View Poll Results: When will the US Dollar Collpase?

Voters
51. You may not vote on this poll
  • Under a year?

    4 7.84%
  • 2-10 years

    14 27.45%
  • 10-25 years

    4 7.84%
  • Not in our life time but eventually

    14 27.45%
  • Never

    15 29.41%
Page 14 of 16 FirstFirst ... 41213141516 LastLast
Results 131 to 140 of 151

Thread: When will the Dollar Collapse ?

  1. #131
    Banned
    Join Date
    Jul 2009
    Location
    Ft. Campbell, KY
    Last Seen
    12-31-14 @ 08:37 PM
    Gender
    Lean
    Independent
    Posts
    12,177

    Re: When will the Dollar Collpapse ?

    Quote Originally Posted by HumanBeing View Post
    OK, it's evident you haven't even read so much as a historical summary of the era let alone studied what actually happened.

    Private ownership of all but tiny amounts of gold was made illegal, this also included gold certificates that had been issued by the fed. People who refused to hand their gold in for below market rates as ordered by the government were fined and imprisoned. You say it wouldn't happen again today, yet Obama proposed the exact same thing last year. I'm done with this, at least until you can be bothered to take the time to learn a little more about the history of your own nation and economics in general.
    I don't disagree with you about it, but to say they banned ownership of gold was wrong. Now when did Obama propose the same idea, do you have a link to that story?

  2. #132
    Educator HumanBeing's Avatar
    Join Date
    May 2013
    Last Seen
    @
    Gender
    Lean
    Other
    Posts
    745

    Re: When will the Dollar Collpapse ?

    Quote Originally Posted by Wiseone View Post
    I don't disagree with you about it, but to say they banned ownership of gold was wrong. Now when did Obama propose the same idea, do you have a link to that story?
    What on earth is wrong about saying they banned gold ownership? Of course they did. People were imprisoned for owning gold, literally.

    As for last year, reports seem to vary, the more neutral ones seem to suggest that this was something that he simply discussed with advisors and was told would only serve to hasten an economic collapse at this point, which seems like solid advice.

    Let me google that for you
    If you hate capitalism so much, then just write everything in lower case. Problem solved.

  3. #133
    Sage

    Join Date
    Apr 2008
    Location
    Huntsville, AL (USA)
    Last Seen
    Yesterday @ 05:51 PM
    Gender
    Lean
    Moderate
    Posts
    9,763

    Re: When will the Dollar Collpapse ?

    Quote Originally Posted by AlabamaPaul View Post
    The dollar's value is solely dependent on the amount in circulation versus the productive output of our economy. Oil's value is tied to the dollar, not the other way around...
    You are correct when speaking of the valuation of the U.S. $1. I didn't mean to imply otherwise. However, all I was trying to say is that the U.S. $1 and the price of oil have a closer valuation than most people realize. Never meant to imply that the price of oil alone sets the value of the dollar as the US trades so many other things. But just as many believe that the true value of the U.S. $1 should be pegged to the price of gold, many currently believe that the price of a barrel of oil remains a key economic component if not the "standard" for the true value of the U.S. $1, and you'd be hard pressed to find others who disagree with this assessment considering that the U.S. $1's value does tend to fluctuate as the price of oil changes.

    Again, not the only component, but a key component.

  4. #134
    Banned
    Join Date
    Jul 2009
    Location
    Ft. Campbell, KY
    Last Seen
    12-31-14 @ 08:37 PM
    Gender
    Lean
    Independent
    Posts
    12,177

    Re: When will the Dollar Collpapse ?

    Quote Originally Posted by HumanBeing View Post
    What on earth is wrong about saying they banned gold ownership? Of course they did. People were imprisoned for owning gold, literally.

    As for last year, reports seem to vary, the more neutral ones seem to suggest that this was something that he simply discussed with advisors and was told would only serve to hasten an economic collapse at this point, which seems like solid advice.

    Let me google that for you
    Because it was still legal to own gold just not a certain amount of it, its wrong because its not factually correct. :/

    Also, that's not a source and nothing that appeared on google, which I did as well on my own, backed up your claim. Secondly, just because something is on google doesn't mean its true. Or did you not know Hitler was Jewish?

    Let me google that for you

  5. #135
    Educator HumanBeing's Avatar
    Join Date
    May 2013
    Last Seen
    @
    Gender
    Lean
    Other
    Posts
    745

    Re: When will the Dollar Collpapse ?

    Quote Originally Posted by Wiseone View Post
    Because it was still legal to own gold just not a certain amount of it, its wrong because its not factually correct. :/
    It was factually correct, again, you are making up your own definitions. To claim that private gold ownership wasn't banned is like denying the holocaust took place on the basis that some jews survived. If you want to correct me, how about emailing the hundreds of reputable publications that also refer to it as a ban?

    Quote Originally Posted by Wiseone
    Also, that's not a source and nothing that appeared on google, which I did as well on my own, backed up your claim
    OK, so why does the government force all banks, traders and relevant institutions to carry the following disclaimer as part of their regulatory requirements:

    "A.) We cannot guarantee if a particular gold/silver product and/or category would be exempt from future gold prohibition(s).

    B.) We cannot guarantee if and/or how the government might ban/recall/prohibit private gold or silver in the future."

    Just for the fun of it, even though they are never considering doing it again? If none of the sources you looked at were credible, why did forex.com carry a warning about the impending illegality of over the counter gold trading (which didn't come to fruition, as I noted)?

    The government is clearly making an effort to keep the mechanisms in place to do it again, yet you vehemently deny they have any intention of doing any such thing.

    fwiw, if I was in the US and I thought the dollar was about to collapse, I'd go for ammo like others have said. It can be an investment in metals and self defense at the same time, so it serves two good purposes.
    If you hate capitalism so much, then just write everything in lower case. Problem solved.

  6. #136
    Banned
    Join Date
    Jul 2009
    Location
    Ft. Campbell, KY
    Last Seen
    12-31-14 @ 08:37 PM
    Gender
    Lean
    Independent
    Posts
    12,177

    Re: When will the Dollar Collpapse ?

    Quote Originally Posted by HumanBeing View Post
    It was factually correct, again, you are making up your own definitions. To claim that private gold ownership wasn't banned is like denying the holocaust took place on the basis that some jews survived. If you want to correct me, how about emailing the hundreds of reputable publications that also refer to it as a ban?


    OK, so why does the government force all banks, traders and relevant institutions to carry the following disclaimer as part of their regulatory requirements:

    "A.) We cannot guarantee if a particular gold/silver product and/or category would be exempt from future gold prohibition(s).

    B.) We cannot guarantee if and/or how the government might ban/recall/prohibit private gold or silver in the future."

    Just for the fun of it, even though they are never considering doing it again? If none of the sources you looked at were credible, why did forex.com carry a warning about the impending illegality of over the counter gold trading (which didn't come to fruition, as I noted)?

    The government is clearly making an effort to keep the mechanisms in place to do it again, yet you vehemently deny they have any intention of doing any such thing.

    fwiw, if I was in the US and I thought the dollar was about to collapse, I'd go for ammo like others have said. It can be an investment in metals and self defense at the same time, so it serves two good purposes.
    If I were to say the Holocaust resulted in the death of all Jews that would be factually incorrect, just as it is to say that the 1930s confisication of gold ended all private gold ownership.

    Also you still haven't sourced this claim of Obama proposing a gold confisication. The government has the mechanisms to conduct a draft as well, or to declare war does mean they have the intent to use them.

  7. #137
    Educator HumanBeing's Avatar
    Join Date
    May 2013
    Last Seen
    @
    Gender
    Lean
    Other
    Posts
    745

    Re: When will the Dollar Collpapse ?

    Quote Originally Posted by Wiseone
    If I were to say the Holocaust resulted in the death of all Jews that would be factually incorrect, just as it is to say that the 1930s confisication of gold ended all private gold ownership.
    This is just getting silly. Guns are banned in England, sure there are some exceptions, but they are banned. Private gold ownership was banned in the US for all purposes relevant to the discussion we were having.

    Quote Originally Posted by Wiseone View Post
    The government has the mechanisms to conduct a draft as well, or to declare war does mean they have the intent to use them.
    It means they want to keep the option open, and will use it at some point if they feel it's necessary. Do you really think the government has ruled out all possibility of implementing a national draft again at some point?
    If you hate capitalism so much, then just write everything in lower case. Problem solved.

  8. #138
    Banned
    Join Date
    Jul 2009
    Location
    Ft. Campbell, KY
    Last Seen
    12-31-14 @ 08:37 PM
    Gender
    Lean
    Independent
    Posts
    12,177

    Re: When will the Dollar Collpapse ?

    Quote Originally Posted by HumanBeing View Post
    This is just getting silly. Guns are banned in England, sure there are some exceptions, but they are banned. Private gold ownership was banned in the US for all purposes relevant to the discussion we were having.
    It means they want to keep the option open, and will use it at some point if they feel it's necessary. Do you really think the government has ruled out all possibility of implementing a national draft again at some point?
    Still no source on your claim, if your only source is that a mechanism is still in place than why are you worried the Congress will draft every male from 18-35 and declare war on half the world. The mechanism to do so is there, but its quite obvious that being able to and actually doing it are two very very very different things.

    Where is your source that they are actually thinking of pulling this trigger? No where.

  9. #139
    Educator HumanBeing's Avatar
    Join Date
    May 2013
    Last Seen
    @
    Gender
    Lean
    Other
    Posts
    745

    Re: When will the Dollar Collpapse ?

    Quote Originally Posted by Wiseone View Post
    Where is your source that they are actually thinking of pulling this trigger? No where.
    forex.com had the warning on its website last year.

    Of course, all this is completely irrelevant to the initial point which you decided to skip out on several posts ago......
    If you hate capitalism so much, then just write everything in lower case. Problem solved.

  10. #140
    Sage
    AliHajiSheik's Avatar
    Join Date
    Aug 2012
    Last Seen
    Today @ 03:03 AM
    Gender
    Lean
    Undisclosed
    Posts
    6,366

    Re: When will the Dollar Collpapse ?

    How can we be out of money? We still have plenty of checks.

Page 14 of 16 FirstFirst ... 41213141516 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •