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Author Topic: This is the way the world ends  (Read 107259 times)

Bear

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Re: This is the way the world ends
« Reply #585 on: October 28, 2015, 05:11:08 pm »

There have been so many opportunities where things should have gone down the drain that
I have pretty much given up on guessing when. I think when a collapse finally does come,
the reaction of people watching for it will almost feel anti-climatic.

Huh... it did happen after all....

Bear
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"There is no good idea so perfect, so pure,
that Government can't do it badly."
-- Bear

DiabloLoco

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Re: This is the way the world ends
« Reply #586 on: October 28, 2015, 06:54:44 pm »

There have been so many opportunities where things should have gone down the drain that
I have pretty much given up on guessing when. I think when a collapse finally does come,
the reaction of people watching for it will almost feel anti-climatic.

Huh... it did happen after all....

Bear
I'm getting to that point myself. I continue to monitor things, but it's getting easier to wade through the obvious fear mongering.
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Silver

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Re: This is the way the world ends
« Reply #587 on: October 28, 2015, 07:02:21 pm »

There have been so many opportunities where things should have gone down the drain that
I have pretty much given up on guessing when. I think when a collapse finally does come,
the reaction of people watching for it will almost feel anti-climatic.

Huh... it did happen after all....

Bear

+1

I'm expecting to think
"Oh, so it's finally happening.  What was it I planned to do?"

The truth is that we live day to day.  The fact that we can see big storms on the horizon doesn't change what we did today one whit.  When the big storm comes, maybe some of the preps we did so long ago make a difference.  Maybe not.  Maybe it doesn't go down like we expected.  Then we're back to day by day.

Peace,

Silver
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penguinsscareme

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Re: This is the way the world ends
« Reply #588 on: October 29, 2015, 08:36:28 pm »

Same here.
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O Lord,
Thine Ocean is so great,
And my boat is so small.

Sportos, motorheads, dweebies, wastoids...they think he's a righteous dude.

The utter waste of our $2,000,000,000 a day military-industrial machine was never demonstrated more vividly than on 9/11.

You do what works.

Silver

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Re: This is the way the world ends
« Reply #589 on: March 17, 2016, 11:05:08 am »

One of the reasons the fed is able to create so many FRNs out of thin air without a roaring price inflation (as if 9% isn't roaring) is that other central banks buy them, thus spreading the inflation in the money supply over the entire planet instead of concentrating it in the US.

The central banks buy a LOT.  Since the start of the Greater Depression in 2008, when the fed went batshit crazy creating FRNs, the world's central banks bought:

2008:  $ 76 billion
2009:  $161 billion
2010:  $172 billion
2011:  $144 billion
2012:  $209 billion
2013:-$  8 billion
2014: $ 45 billion
2015:- $225 billion

Whoops!  They started selling in 2015!

Actually, they started selling in earnest in 2013.  As I reported here, in December 2013 China dumped $48 billion.  In one month.  2013 was less of a bloodbath because our close ally and key trading partner - Belgium - purchased truly massive amounts of FRNs. In December 2013 when China was dumping 48 Very Large Belgium bought 55 -  13% of their entire economy's annual production of goods and services in one month!

I guess Belgium has enough, or maybe they are still buying but the others are selling even more.

In January of 2016, central banks sold $57 billion.  One month.  That's an annual rate of $684 billion.  They are unlikely to meet that target, as their net purchases since 2008 are only $574 billion.  The Chinese have more than that, so really anything is possible.

So its possible that a very large number of FRNs will come home to roost this year.  The giant sucking sound you hear is the dollar going down the world's largest toilet.

Peace,

Silver
« Last Edit: March 17, 2016, 11:08:17 am by Silver »
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DiabloLoco

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Re: This is the way the world ends
« Reply #590 on: March 17, 2016, 02:54:46 pm »


So its possible that a very large number of FRNs will come home to roost this year.  The giant sucking sound you hear is the dollar going down the world's largest toilet.

Peace,

Silver
The dollar is down about 1% today. As is expecting in such a situation, oil and the stock market are rising.
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FDD

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Re: This is the way the world ends
« Reply #591 on: March 17, 2016, 03:01:25 pm »


So its possible that a very large number of FRNs will come home to roost this year.  The giant sucking sound you hear is the dollar going down the world's largest toilet.

Peace,

Silver
The dollar is down about 1% today. As is expecting in such a situation, oil and the stock market are rising.

As is gold and silver too
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Nobody needs an AR-15
Nobody needs a whiny little bitch ether, yet here you are

If we want our grandchildren to be able to give thanks for being Americans, we'll need to.....start steering a course away from government control of our lives-and start moving back toward greater personal responsibility.   Ed Feulner

I think, therefore I am not a progressive liberal socialist marxist democrat

That's WY

DiabloLoco

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Re: This is the way the world ends
« Reply #592 on: March 17, 2016, 03:10:09 pm »


So its possible that a very large number of FRNs will come home to roost this year.  The giant sucking sound you hear is the dollar going down the world's largest toilet.

Peace,

Silver
The dollar is down about 1% today. As is expecting in such a situation, oil and the stock market are rising.

As is gold and silver too
Silver rose, but gold is pretty flat today. I have noticed that the premium on silver has been declining pretty much on par with how much silver has been rising. If the trend continues, there will be no premium for generic rounds/bars or junk silver at about $18/oz.
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Jake

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Re: This is the way the world ends
« Reply #593 on: April 11, 2016, 10:03:20 am »

There have been so many opportunities where things should have gone down the drain that
I have pretty much given up on guessing when. I think when a collapse finally does come,
the reaction of people watching for it will almost feel anti-climatic.

Huh... it did happen after all....

Bear

Bear, I have been paying attention since 1989, it increased more in 1993 when NAFTA begin to come in.  By 1999, I was doing buckets and burying them for year to test contents.  The millennium did not even get my attention.  A couple years ago I took my retirement and built a home off grid.  When I moved, I had 44 buckets.

If it doesn't happen. . . . . I will be pissed!
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