THis could be interesting.

Posted by: Anonymous

THis could be interesting. - 03/24/18 07:49 PM

https://www.silverdoctors.com/gold/gold-...he-petrodollar/

This is a kill shot at the dollar, we will see what happens.
Posted by: Dan S.

Re: THis could be interesting. - 03/25/18 05:08 PM

We should know by about.......................Tuesday. Right?
Posted by: Anonymous

Re: THis could be interesting. - 03/25/18 05:37 PM

It would be optimum to know by Tuesday but I doubt the symptoms of this will happen that quick.

I do bet the Stock Market will continue its controlled crash as this is likely one of the big reasons it lost 1000 points last week and is likely to continue the same trend in the foreseeable future. Chit is no doubt unraveling now.

An interesting piece of information is that the Military received 700 billion in this last budget. That's the most lump some the military has seen since WW2 and they only have till October to spend it. Makes you wonder what "war" they think they are going to be in. The entire Iraq and Afghanistan wars since 2001 cost approximately 1 trillion dollars to fund. So this 1.3 trillion budget to pay for the government until next October more than half of which is for the Military. DC must know something the rest of us don't because there is no way they would have passed this budget with that type of increase unless something was going to happen.

Almost forgot to mention that this budget also has 200 billion for "pension bailouts" wonder whos pension systems are going to need bailing out in the next 7 months.
Posted by: OceanSun

Re: THis could be interesting. - 03/25/18 09:59 PM

"Almost forgot to mention that this budget also has 200 billion for "pension bailouts" wonder who's pension systems are going to need bailing out in the next 7 months."

And why should I pay to bail out someone else's pension instead of sticking it in my own 401K or non-existent pile-o-gold?
Posted by: Anonymous

Re: THis could be interesting. - 03/26/18 07:05 AM

Because the legislative and executive branch think that maintaining and preventing the entire pension system from collapsing will maintain continuity within the country since their are trillions worth of liabilities dependent on pensions.

In reality bailing out pensions will only hold of "system change" a bit longer and make it a bit more controlled when the change does happen.

Your going to start hearing about massive pension system failures in the next couple months, many private and some states will fail soon. All will be gone before this is over, there will no longer be pensions like we have currently in fairly short order, after this next crash the system will change and the money will change.
Posted by: WDFW X 1 = 0

Re: THis could be interesting. - 03/26/18 08:11 AM

We should ask Stormy......................The Queen of the money shot.
Posted by: The Moderator

Re: THis could be interesting. - 03/26/18 12:07 PM

Originally Posted By: RICH G
Chit is no doubt unraveling now.


rofl
Posted by: LocalTalent

Re: THis could be interesting. - 03/27/18 02:56 AM

Originally Posted By: Hankster
Don't be surprised when Donny Two Scoops calls building THE WALL a national security issue and uses a large piece of that $700 billion military budget to git er dun.


He put that out on Twitter Sunday.