The Greatest depression is coming, are you ready?

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ZNP

ZNP

Well-known member
#641
Sep 14, 2020
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#641
Tall_Timbers said:
It matters to me today whenever I purchase something. It's also worth knowing that the govmint inflation numbers are bogus.
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My point is the US dollar will be worthless long before any projections based on inflation.
 
Tall_Timbers

Tall_Timbers

Well-known member
#642
Mar 31, 2023
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christiancommunityforum.com
#642
ZNP said:
My point is the US dollar will be worthless long before any projections based on inflation.
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The future value of the dollar is speculative though I tend to agree with you that that will be the inevitable outcome of our current govmint policy, but it is still speculative none-the-less. Current inflation though, affects us all today and everyday.
 
ZNP

ZNP

Well-known member
#643
Sep 14, 2020
36,155
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#643
Tall_Timbers said:
The future value of the dollar is speculative though I tend to agree with you that that will be the inevitable outcome of our current govmint policy, but it is still speculative none-the-less. Current inflation though, affects us all today and everyday.
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Gold is up 62% relative to US bond fund over the last 5 years. Saying the dollar will collapse may be speculative, but by that reasoning it was speculative to say Lehman brothers would collapse in September of 2008.
 
cv5

cv5

Well-known member
#648
Nov 20, 2018
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#648
ZNP said:
I'm seeing Gold continuous contract (GCCOO) at 2,005
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Bid vs ask price differential. Futures price is ask.

1680539288993.png
 
ZNP

ZNP

Well-known member
#651
Sep 14, 2020
36,155
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#651
cv5 said:
"Gradually and then suddenly"
-Hemingway

https://twitter.com/i/web/status/1642896494607888384
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Do they not see the real threat or are they afraid to mention it? If countries don't need the dollar they will dump US bonds and will not be buying them. That is like pulling the plug on the bathtub and the water of our economy, our currency, will drain out. The US dollar will drop 30%, 50% and ultimately 100%
 
ZNP

ZNP

Well-known member
#656
Sep 14, 2020
36,155
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#656
Shocking OPEC+ Decision Stokes Inflation Fears & Undermines National Security to Drive Oil Prices Up

 
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