Anler Posted April 26, 2022 Share Posted April 26, 2022 Just now, spin_dry said: Shall we look at how Americans are doing now that they’re getting a taste of Russian lifestyle? Most countries the lizards have suppressed have a sub standard lifestyle. Take a look at central and south america. Im surprised they let China get so fancy, look how that is turning out. Quote Link to comment Share on other sites More sharing options...
SkisNH Posted April 26, 2022 Share Posted April 26, 2022 44 minutes ago, spin_dry said: Putin pegged it to gold to give it a bounce. Nixon took the dollar off the gold standard due the cost of the Vietnam war and the fear that a run on gold would collapse the dollar. Putin is doing the exact opposite. It’s only a matter of time before a run on gold. Couple this with his expensing special operation….you get the idea. But keep putting your money on Putin Why has China and Russia bought so much gold? They know the dollar is the way to defeat the USA without having to test our military. If you think inflation is bad now wait until Europe has to dump dollars in order to buy natural gas....the velocity of the money supply will increase dramatically and further devalue the dollar. Quote Link to comment Share on other sites More sharing options...
Anler Posted April 26, 2022 Share Posted April 26, 2022 36 minutes ago, SkisNH said: Why has China and Russia bought so much gold? They know the dollar is the way to defeat the USA without having to test our military. If you think inflation is bad now wait until Europe has to dump dollars in order to buy natural gas....the velocity of the money supply will increase dramatically and further devalue the dollar. Don't shoot the messenger here. Inflation is going to be a big problem going forward. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted April 26, 2022 Share Posted April 26, 2022 40 minutes ago, Anler said: Don't shoot the messenger here. Inflation is going to be a big problem going forward. WTF HAPPENED TO BECK? Lmao Hes Colonel Sanders for Cripes sake! Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Skidooski Posted April 26, 2022 Platinum Contributing Member Share Posted April 26, 2022 What happened to Russia being the big bad boogie man? Quote Link to comment Share on other sites More sharing options...
spin_dry Posted April 27, 2022 Author Share Posted April 27, 2022 1 hour ago, SkisNH said: Why has China and Russia bought so much gold? They know the dollar is the way to defeat the USA without having to test our military. If you think inflation is bad now wait until Europe has to dump dollars in order to buy natural gas....the velocity of the money supply will increase dramatically and further devalue the dollar. Big deal. America holds more gold than the next three biggest gold holding countries. China and Russia are a distant 4th and 5th. That amount doesn’t include the massive amount of gold held by US citizens. America could collapse the price of gold overnight. Then what? Quote Link to comment Share on other sites More sharing options...
SkisNH Posted April 27, 2022 Share Posted April 27, 2022 3 minutes ago, spin_dry said: Big deal. America holds more gold than the next three biggest gold holding countries. China and Russia are a distant 4th and 5th. That amount doesn’t include the massive amount of gold held by US citizens. America could collapse the price of gold overnight. Then what? Ita not just the gold reserves its getting away from fiat currency...a solid base for exchange. Our dollar is toast. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted April 27, 2022 Author Share Posted April 27, 2022 Just now, SkisNH said: Ita not just the gold reserves its getting away from fiat currency...a solid base for exchange. Our dollar is toast. Keep moving the goal posts. Quote Link to comment Share on other sites More sharing options...
SkisNH Posted April 27, 2022 Share Posted April 27, 2022 1 minute ago, spin_dry said: Keep moving the goal posts. Didn't move a thing...you correctly pointed out that Russia is back on the gold standard, China won't be far behind. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted April 27, 2022 Author Share Posted April 27, 2022 4 minutes ago, SkisNH said: Didn't move a thing...you correctly pointed out that Russia is back on the gold standard, China won't be far behind. Russia has lost all western foreign investment and technology. China was just downgraded to 3% GDP. Foreign investment is pulling out. Meanwhile foreigners are flocking to the safe haven of US bonds. Funny how that happens. Quote Link to comment Share on other sites More sharing options...
SkisNH Posted April 27, 2022 Share Posted April 27, 2022 12 hours ago, spin_dry said: Russia has lost all western foreign investment and technology. China was just downgraded to 3% GDP. Foreign investment is pulling out. Meanwhile foreigners are flocking to the safe haven of US bonds. Funny how that happens. Well that's the narrative....Russia is demanding Rubbles for gas, I bet that will further reduce foreign holding of the usd ... We attacked a major counties currency, do you not think that other countries might be worried that could happen to them and diversify out of the usd? Quote Link to comment Share on other sites More sharing options...
Anler Posted April 27, 2022 Share Posted April 27, 2022 12 hours ago, spin_dry said: Big deal. America holds more gold than the next three biggest gold holding countries. China and Russia are a distant 4th and 5th. That amount doesn’t include the massive amount of gold held by US citizens. America could collapse the price of gold overnight. Then what? Do we? I think the lizards stole it Quote Link to comment Share on other sites More sharing options...
Anler Posted April 27, 2022 Share Posted April 27, 2022 2 minutes ago, SkisNH said: Well that's the narrative....Russia is demanding Rubbles for gas, I bet that will further reduce foreign holding of the usd ... We attacked a major counties currency, do you not think that other countries might be worried that could happen to them and diversify out of the usd? Our buddies the Saudis are playing both sides. Quote Link to comment Share on other sites More sharing options...
SkisNH Posted April 27, 2022 Share Posted April 27, 2022 4 minutes ago, Anler said: Our buddies the Saudis are playing both sides. It won't be long before the USD is replaced as the reserve currency. The days of the petro dollar are numbered. Quote Link to comment Share on other sites More sharing options...
Anler Posted April 27, 2022 Share Posted April 27, 2022 Just now, SkisNH said: It won't be long before the USD is replaced as the reserve currency. The days of the petro dollar are numbered. Maybe. Doing stuff like that can get you bombed Quote Link to comment Share on other sites More sharing options...
SkisNH Posted April 27, 2022 Share Posted April 27, 2022 20 minutes ago, Anler said: Maybe. Doing stuff like that can get you bombed These nations aren't Libya.. Quote Link to comment Share on other sites More sharing options...
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