Comments on: China’s Recent Actions Indicate They May Soon Drop The U.S. Dollar

By: With A Deficit Like Ours, Who Needs Enemies…? « NWO Observer

With A Deficit Like Ours, Who Needs Enemies…? « NWO Observer — Sat, 13 Feb 2010 12:02:24 +0000

[...] http://neithercorp.us/npress/?p=179 [...]

By: giordano

giordano — Tue, 26 Jan 2010 19:43:07 +0000

Voodoo daddy:

I’m just a guy. There’s nothing particularly special about me except that I put in the effort to do the research. With enough effort anyone can do what I do or know what I know. Economics is in many respects a kind of science, and like any science, the information is available to everyone. You don’t have to have a Doctorate to understand the truth, you just have to make the effort.

As far as PM’s go, as long as there is a need for organized trade, there will always be a need for a stable currency such as gold. At the height of a chaotic collapse, metals may not be so useful, but just before the collapse, they will be very valuable, not to mention after the collapse during reconstruction. An economy cannot sustain itself on barter alone, that’s why gold has been used as a currency for 6000 years.

While I feel its good to be spiritually driven, and I respect Christian groups that have been fighting the NWO all these years, I don’t think we are looking at “Armageddon”. I think we are looking at a very terrible point in human history in which we must stand strong and take back our country, but its not the end of the world.

By: VoodooDaddy

VoodooDaddy — Tue, 26 Jan 2010 13:42:33 +0000

Oh sorry for putting up two posts but I also believe at some point PM will become useless, atleast according to the bible. What are your thoughts on a one world currency? That is another of my strong held beliefs’. And yes I do believe in the taking of the mark of the Beast, tiny chip implanted under the skin so you cannot buy or sell without it and you can be tracked wherever you are.

By: VoodooDaddy

VoodooDaddy — Tue, 26 Jan 2010 13:36:22 +0000

I am curious. I havn’t been able to find it here if it is here. But what are your qualifications? Are you an economist? I see you have lots of news sources to back what you are saying and I DO agree that China could, out of monetary nessecity, drop the US Currency for its own as a reserve. Personally I believe in Jesus as my personal saviour and for the things in Revelations to come about the US has to cease as a power, whether it be militarily destryed or more likely economically destroyed. I am just starting to prep for somethig like this in trying to hoard some resorces. Even if me and my family are taken in a Rapture early, that will allow others to benifit from my savings of things. God bless.

By: Recent World Events Indicate Impending Market Chaos « Margotsweb’s Blog

Thu, 10 Dec 2009 15:53:08 +0000

[...] http://neithercorp.us/npress/?p=179 [...]

By: giordano

giordano — Wed, 11 Nov 2009 23:33:14 +0000

Sure, anything is possible with the NWO. They would ban breathing if they could get away with it. The question is, can they get away with it? Roosevelt confiscated gold bars as part of his “New Deal”, but smaller gold transactions with coins would be very difficult to trace or ban. I would welcome them to try to confiscate our PM’s actually. That would put all the cards on the table. If the elites want a fight they can’t possibly win, then confiscating the only stable savings people have would be the way to do it.

By: scaredshirtless

scaredshirtless — Wed, 11 Nov 2009 15:44:51 +0000

Don’t you think that confiscation of gold will happen. The teeth of confiscation, I suspect, would be to not allow gold transactions (if one were to hid it).

Look at how much China has increased their gold reserves in the past year. Since this has always been the base “currency”, the USA will have to have a massive reserve to stay in the game. The public (or ground) is the only place to get it- unless we plunder another country.

By: giordano

giordano — Wed, 11 Nov 2009 03:58:04 +0000

Also, SDR’s may initially be backed by some gold and silver as they are introduced to the public, but they will just become another fiat currency in the end. I would stay away, and stick with gold if you want to invest in a REAL currency.

By: giordano

giordano — Wed, 11 Nov 2009 03:55:42 +0000

scaredshirtless:

I agree that if we revert to a barter economy, gold will take a back seat to more essential items. However, gold and silver have been money for 6000 years, and there is a reason for that. They are finite resources that cannot be duplicated and have industrial uses, unlike paper money which is both easily duplicated and has no inherent value but what we place upon it. If you want to protect the value of your money during a collapse, buy essentials for sure, but also invest in Precious Metals. They will skyrocket in value as the dollar implodes, allowing you to buy EVEN MORE essentials with which to survive.

By: scaredshirtless

scaredshirtless — Tue, 10 Nov 2009 19:55:38 +0000

I think you’re right about the dollar going almost totally devalued. Unfortunately, hording gold (precious metals) isn’t going to work either. See all those new gold bars China is offering to the public? Will be confiscating those soon! Same for the US, for the third time. Also, ya can’t eat gold!

So, what to change dollars into? Heirloom seeds? Bullets? SDRs?