It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by brocket99
Heres what's really happening.
Now is the time to sell and buy other things on the cheap. Including US dollars.
Originally posted by brocket99
Heres what's really happening.
Everyone who owns gold is saying to buy gold. Just like everyone who was making tons of money in the stock market or real estate wants you to buy their product.
Golds bubble will burst, and the common man who is holding the bag and bought at the highs will lose their shirt. Just like every other manipulation in our history. Is that now? $2k an ouch? $3k? $1500?
Now is the time to sell and buy other things on the cheap. Including US dollars.
Originally posted by bettermakings
I still don't understand why people are saying the U$D will or collapse, or is about to collapse. I compare the U$D to the Canadian & Euro constantly, and there is nothing unusual about them.
If I want to buy 1 Euro, I will need between 1.25 to 1.60 U$D. It's been like that for years, fluctuating. Right now it's more like 1 Euro = 1.55 U$D, but that's what it was a year and a half ago, then it got better, then worse.
Every once in a while the Canadian dollar is worth slightly more than a U$D, but it doesn't last more than a month, and it goes back down and the U$D is usually worth slightly more.
Where did anyone come up with the idea that the U$D is collapsing? Iraq is using U$Ds now, and so does much of the world. If the U$D collapses, it would be the end of civilization. If that happens, it doesn't matter where in the world you are, you will suffer.
Originally posted by 2compelled
reply to post by SunnyDee
Trading your gold for pieces of cotton that may be worth nothing tomorrow seems unwise considering the situation. Unless you're going to starve, hang on to your scrap. Have you noticed the huge unprecedented campaign to remove as much gold as possible from the hands of the general public? It's still worth something when the paper isn't.