Waiting Patiently for the Dollar Collapse

[Getdamoneyng0]

IT WILL COLLAPSE VERY SOON. IT CANT BE HELD UP FOR LONGER, BECAUSE IF THEIR GOING TO HAVE THIS % OF PERSONS GETTING AN INCOME, AND THIS % OF PERSONS WITH NO INCOME...DOESN'T SEEM SO FAIR DOES IT. IT CANT STAND FOR LONG. ITS NOT POSSIBLE. WE WEREN'T MENT TO BE DEPENDENT ON MONEY FEEL ME?

[vbywrde]

Your interesting to listen to. I may not agree with everything you say, but I do like the way you think. As for the dollar crashing, many very knowledgable people agree that this is fast becoming an inevitability. But others disagree. Some because they don't believe it, others because it is in their interest to disagree. As for preparation - I agree. It's a good idea to be prepared, but it's always hard to say how dire the situation really is. Anyway, interesting video. Thanks.

[vjl279]

look for the dollar collapse around september of 2010.

The man on the street will see it as a stock market crash. This will trigger a major collapse of our economy,

[zliminator]

I'm gonna holdja toit.

[MrPsalm141]

If this govt continues down the road it is going. We won't make it a year. there is a good chance within the 2010 year, the dollar will collaspse, thus we will be in a GREAT DEPRESSION. This corrupt govt just passed a 1.2 TRILLION dollar bs stimulus bill, They havent completely spend the last one. we are being lied to. get ready people prepare as much as possible. The math just doesn't add up with this corrupt govt. This will lead to a nwo obama is just a puppet of the nwo etc. daniel9-27

[admahesh]

Deflation before inflation. Wait and see the dollar appreciate for the next one year. Enjoy the ride.

[pabloz1]

If we fired the president, congress and the senate and replaced them with people selected at random I think we would be better off. I am certain it would not be worse. At least there would be a chance of getting people who actually gave a sh!t about the average person.

[michaelkara]

Thank you sir, You uncover the illusion of the main stream media, I wish I had economical sense, but unfortunately I'm but a meager scientist working in a lab making billionares even richer and watch my family through little time slots called public holidays, and even still I'm on stand by Why you may ask do I subdue myself under this strain, to mearly systain my child and wifes existance, so I humbly sulute you behind my 1 inch specticles, and obey the powers that are for now. Thank you again.

[davfritz]

if you rub my crystal balls they say the future is looking better

[jfehle]

I would like to know where you factor in the 12 TRILLION in Fiat currency?

There are physics laws that all actions in the Universe must adhere to. Finance is no exception.

I fail to see accountability in any elected official. All 535 Congressmen should be recalled and replaced by the American populace post-haste. They have all been "bought and paid for" by the international bankers controlling out government and citizens.

[rpsxnu]

i dont think ron paul is on any banker's dole - he just wrote a book called end the fed... hmm...

[thomasmoonman]

RON PAUL IS A HERO..he is the only one ill say stands out....

[PoliticalAnimal1959]

@jfehle

I wouldn't fire Ron Paul. He has been on this problem for more than 30 years. Why would you want to get rid of a wise lone-wolf like Paul?

[shopkins011]

he is righ the ression is over and now we are entering the next great depression!!, which will the 1930's look like a picnic in the park!!!!!!!!! 2-3 times deeper

[meengreens]

Really interesting Dude!

[RANGERSTRIDER1]

I hope this answers your question.

Im sorry I wrote so many comments.

:)

[RANGERSTRIDER1]

So the current account argument is false. yes the dollar will drop but yields will rise and so will defaults.

What the USA needs to do is have banks extend only self liquidating credit. Credit that is extending to businesses.

Whats put us in this mess is that banks have extended credit to consumers and Hedge funds who have been wiped out and that debt will never be paid back which is deflationary.

[RANGERSTRIDER1]

The inflationist say that the dollar is going to collapse when Japan and China no longer purchase our bonds and yields start to spike up.

The problem is the US consumer is choking on trillions of dollars of IOUs and non self liquidating debt. Cars, mortgages, houses, as well as deleveraging in the credit and stock market.

IF BOND YIELDS SPIKE the defaults and deflation will only happen even faster. This will destroy the money supply and cause the dollar to rise.

[RANGERSTRIDER1]

supply a world that doesnt exist. They can no longer count on the US to buy their goods because we are running unsustainable deficits.

But a big reason our deficits are so big is because Japan and China take our surplus dollars and buy our treasuries. They dont convert those dollars into their own currencies because this would destroy their export market.

So they continue to recycle dollars back into bonds keeping yields down and prices down as well.

But heres where it gets interesting.

[RANGERSTRIDER1]

The speculation was that it was PEAK OIL when the truth was that it was too many margin players playing the speculation game. Currently I think Oil is doing a Dead cat bounce. which means its retracing its loses and getting ready to roll over again sometime in the next six months. You will see 30 dollar oil again soon in my opinion.

Also, deflationary forces are going to cut demand for oil as the era of US led import growth is over.

China and Japan have financed 100k of factories to

[RANGERSTRIDER1]

We saw the same thing in the late 90's. Hedge Funds and institutions were over leveraged chasing internet stocks that were worth almost nothing. You had stocks like Amazon and Ebay which skyrocketed from 50 dollars a share to 1000 not because they were worth that but because you had too much margin in the hands of too many traders. The Fed deserves the blame for that bubble.

What happen to Oil last year. It dropped from 147 down to a low of 33. Most of the margin players were wiped out.

[RANGERSTRIDER1]

In terms of Oil, what you have are two factors driving the price. First, there is an 18 year cycle in the commodity markets. During the 1970's we had booming commodity prices which corrected in 1982. This was the start of the great bull market in stocks which lasted until 2000.

The institutions realizing that equities were overvalued moved their money into commodities.

The second part was that the easy money policy of the FED allowed over leveraged hedge funds to speculate at 40 to 1 margin

[RANGERSTRIDER1]

Interest rates of 0.25% or less and spectacular government deficits couldnt make a dent in the vast shift towards a propensity to save. The result was deflation: falling asset values and a strong yen.

Fast forward to America in 2010, with an elderly dependency ratio of 19%, right around where Japan was in 1990. By 2020, it will rise to 25%, almost as fast as Japans.

[maxine2win]

Three cheers for RANGERSTRIDER1.

At last, in a world full of muddle headed crazies someone who really knows what they are talking about and who explains things well.

I have not studied economics but I instinctively understand that hyperinflation and recessions don't go together.

If you have the time and inclination I would be interested to hear your views on the following:

[maxine2win]

1 I have seen it said that the USA will be different to what has happened in Japan because Japan had a current account surplus while the USA has a deficit. Will this make the situation different, and if so how?

2 Im concerned about the the price of oil. The world is highly dependent on oil and if the world is running out of oil, then surely the price will go up and this will flow on to the world economy. If oil goes up a lot in price will this overcome the deflationary trend?

[RANGERSTRIDER1]

Back during Japans lost decade of 1990-2000 (the first lost decade, that is), Japans population had just began to age dramatically. In 1990 the elderly dependency ratio stood at 17%, but it had risen to 25% by 2000. As the Japanese aged, their appetite for savings grew, and as their stock portfolios and home values crashed, they saved more and more. The more they saved, the worse the economy did.

[RANGERSTRIDER1]

Oh, one more point I want to make. It has to do with demographic trends and changes. The baby boomers have been financing our economy with their profligate spending the last two decades. But as they move into retirement their psychology changes from ferocious spending to cash hoarding. All elder populations under go this transformation.

[RANGERSTRIDER1]

Alright well I hope I have educated you hyperinflationary Noobs.

Now go out and get laid and have some fun. Quit waiting for the end of the world to come because its not going to happen.

[RANGERSTRIDER1]

Federal Reserve banks around the country) total approximately $800 million and by sucking up excess reserves the Federal Reserve financed about 80% of its policy initiatives.

By recycling existing excess cash, the Federal Reserve stopped the negative effects of cash hoarding and pulled the U.S. out of a full scale depression. Bank cash hoarding at the end of 2008 depressed the velocity of money (i.e., the number of times it turns over each year) which almost caused economic calamity for us

[RANGERSTRIDER1]

Prior to the change in law, the Federal Reserve couldnt pay interest on money deposited, and as a result banks didnt leave their excess funds at the Federal Reserve Bank. This very technical change in Federal Reserve authority provided Bernanke the magic wand to pull the banking system out of its death spiral without sparking hyper-inflation or running the printing presses overtime. Excess reserves on deposit at the Fed (which are essentially deposits of excess cash by banks at the various

[RANGERSTRIDER1]

Instead of printing new money and increasing money supply, Bernanke got banks to deposit their old money with the Federal Reserve, which meant that money supply didnt increase. The Federal Reserve used that old money on deposit to purchase its new assets and grow its balance sheet.

Bernanke encouraged banks to deposit their excess funds at the Federal Reserve by persuading Congress to pass a law that allows the Federal Reserve to pay interest on cash deposits at the Federal Reserve

[RANGERSTRIDER1]

fourth, While in the last year the size of the Federal Reserves balance sheet has grown from a little less than $1 trillion to around $2 trillion, what the Fed detractors neglect to mention is that the Federal Reserve didnt print money to pay for the purchase of its new assets but rather sucked money out of the banking system that was being hoarded by banks, corporations and individuals. As a result, there was only a tiny net increase in money supply from Federal Reserve intervention.

[RANGERSTRIDER1]

third, you guys always cite the Weimar Republic example. That was a currency banknote issue. The German government created currency during the ruhr crisis and predictably their unit of account was destroyed.

What the fed and our banks have created is CREDIT not currency. The Real Crisis that we face is DEFLATION. With private debt at close to 20 trillion the interest payments alone are going to have Americans choking on a tsunami of IOU's.

Believe you dont want a deflationary collapse.

[RANGERSTRIDER1]

Second, If there is going to be this HYPERINFLATIONARY collapse that you guys keep talking about then why are interest rates at 3 and 4 %?

you cant answer that question. In the late 1970's you had interest rates near 20% because the dollar was in real trouble. We had massive inflation.

If the bond market were concerned about hyperinflation you would have double digit bond yields and we dont have that.

[marcusguernsey]

@Ranger:just reviewin some of Endless` old vid`s, most of your opinion`s seem ok,but what interest rates are you referring to.i thought the US interest rate was 0.5% ,and most dont believe it will rise until the end of 2011 at the very earliest.wont that be ironic that they get raised in 2012.

[RANGERSTRIDER1]

First off, the money velocity chart continues to show deflationary forces at work. When the money velocity is shrinking as it has over the last year you can't have inflation. The FED could print a gagillion bagillion dollars but if the rate of money turn over is negative you will have no inflation.

I like Ron Paul but you people have no clue as to how our banking system works.

[XxxxxAvatarxxxxX]

"We have no freedom left." `christo930

You say that as if you had nothing to do with it. The people have everything to do with it.

[SSWOLFENSTEINSS]

People who keep asking : when? The anwser is when something big happens like a disaster that accellerates the collapse in a short period of time. Keep hoarding gold and silver . Be perpared for the day when the atms the banks, govermental offices stop anwsering the phone and your temple of worship is the only place you have to turn. This is what happens when you let evil men run your national treasure,goverment branchs and military. G.W Bush and that crew should have never happened

[MORCOPOLO0817]

And Obama is the Closing man of that "CREW". Don't kid yourself by not believing that they all work for the same people and are just complicit puppets in the grand scheme!

[christo930]

This is moronic. If anyone actually believed that the dollar was going to collapse rapidly, they would leave the country. You simply can not prepare for hyper-inflation. It's not like you would be able to batten down the hatches and stay in a house for a month. If the dollar were to collapse, things would get really bad, really quickly. The US isn't an island, the dollar is a world currency and foreign central banks aren't going to let it collapse overnight.

[endlessmountain]

its probable that they will not let it collapse over night and I am talking about the start stages of what seems likely to be a 12-18month death because of the reasons you said to support it not happening overnight. However, and overnight/weekend collapse is more probable for 2010.

[christo930]

I really don't think the world's central banks would allow a us dollar collapse. A much more likely scenario would be an overhaul of the us dollar reserve currency status which would THEN cause a collapse of the dollar. A switch to a new reserve currency will take many years. A more likely near-term problem would be a collapse of the US economy and the stock market dropping to a new low.

[FGTBOGSAT]

@christo930 The dollar is just a piece of paper and nothing more.

[christo930]

@FGTBOGSAT So is every other currency. Gold has the same problem as paper in that respect. What's is worth? What you can get for it. How much is that? Who knows? It changes on a day to day basis. The only real advantage of gold over fiat (and it's a big advantage) is that it is much harder create inflation.

[Getdamoneyng0]

@FGTBOGSAT TRUE

[obummersux]

@christo930 that world reserve currency status you spoke of how much longer the dollar will continue to have that designation?? tick tock tick tock

[christo930]

@obummersux Right now, the US is still the largest economy in the world, by far and the USD is likely to remain the world reserve currency for a while. Things like that don't just change over night.

[redline601]

Hey I m from uk and i believed this crap for too long

i v e now come to the conclusion it s not going to happen  life will go on...

[RANGERSTRIDER1]

I will add an amendment to what i just said. If in 10 years our government doesn't start to reform the entitlements and our tax structure than you might start to see real pressure on the dollar.

Until then I'm not going to lose sleep over it.

I know some older investors who have been saying the Dollars going to collapse since 1978. Do you guys really want to spend the next three decades calling for a collapse that might never come?

just something to chew on.

[RANGERSTRIDER1]

The dollar is not going to collapse.

Most of the money supply growth is coming from credit creation. This is different than currency creation and debt monetization.

The bottom line is that the FED has kept interest rates at 0% and they have pumped liquidity into banks. What is going to happen to the dollar in a year or two when the FED starts to raise interest rates? You are going to see a massive rally in the dollar. The market can stay irrational longer than you can stay liquid.

[endlessmountain]

If we were NOT going into a GOLDEN AGE, and if FEAR were to stay in this world, then you would be correct. However, its seems highly likely that we are moving to this period and when we look at the amount of regular people whom have had enough of this.. it seems for sure.

I am expecting one final hoorah rally in the dollar which will bring stocks lower as it seems when stocks are sold dollars go higher.

[BeyondDGrave]

The dollar will collapse.. it's only just a matter of time.

Source:

Observation of the Federal Reserve and pumping monopoly money into a system without regard to the balance of the market.

(for fun) : You know of what I speak...The government dug too greedily into the mines of the federal reserve... and now they awaken a demon from the ancient world.. a balrog from morgoth..

[detroitgreeks]

Im liking the coment about the Detroit Lions .. 3-13 this season! wow what an improvement! The collapse wont happen for many years,,5 - 20 before the tipping point breaks. You have plenty of time to buy and silver..The Amero will not let a complete collapse in the system as a whole. But everyone will notice a drastic change in lifestyle. Say goodbye to new cell phones every 2 years, new ipods , new computers, new cars, and high ass gas prices.

[christo930]

I assume you made a mistake and don't think we will by saying gooodbye to high ass gas prices:)

There isn't going to be an Amero. What in the world makes you think Canada is going to take on the debt of the US? The NAU would be a blessing for every American and a curse for every Canadian. We get Canada's VAST natural resources, they get our debt. Please. If we get to wipe out our debt, we win, if Canada has to take it on, we win. It's a win-win situation for us. We have no freedom left.

[buzzz121]

My position is quite sound, afterall I have followed your advice and other like minded realists such as Jim Rogers, Dr Marc Faber, Peter Schiff, Gerald Celente, Karl Denniger, Vision Victory, MOT etc

[buzzz121]

Dear Derek,

I have been offered a job in the Toronto area it is a small salary +commission position selling industrial equiptment for a US based Company. I would have to relocate from the US. Is this wise?

[endlessmountain]

i do not know your situation and am not sure.

Toronto should rank amongst the top large cities in north america and there is a lot of fresh clean water here in southern ontario.

I am also not sure on the security of your position also.

[Gergith]

I think your scenario is very likely.

do you know what also is likely?

Canada has a resource based economy. It is very strong.

The North American Union could be formed. Canada could get a larger vote per capita in the union against the USA and Mexico as a result.

Most world political action happens with a weird problem that needs to be solved by implementing an even weirder solution.

Your problem, the collapse, is solved by the creation of the Amero. a unified currency.

[kosai19]

Furthermore if the dollar collapses wouldn't america turn into Zimbabwe? Why would that be so great to watch people starving to death.

[endlessmountain]

what is wrong death? That is very natural and in fact I want the death of the dark ages so we can regroup and create a new

How can we now good and love if we do not know bad and fear?

Furthermore, many people are suffering every day because of the monetary system and that I want to see end. From my experiences of earth it seems many people are not able to see long term and this comment is another example of thinking short term and not long term.

[kosai19]

For me it's not about long/short term, but the cost in the end.

It sounds as though you are saying the ends justify the means and not to worry about the number of people that will likely die from the coming violence and starvation.

You do seem to be much more aware than the average person so it's surprising to see the comment that in the end the system will break down and a better one will spring forth. You must be aware that a replacement is already in the works that will be much worse.

[endlessmountain]

I am aware of positive and negative energy and what worry and stress does with the law of attraction

I am aware that death is a natural thing and this shift and the death pains (that the Christians refer to as revelations) has to happen and it is a good LONG TERM thing.

I am also AWARE that the replacement that humans talk about is in the work, but its better than most people think, for once people stop hating themselves and start loving themselves change will happen

When you stress - U hate

[jonah70757]

I am in the LaRouche camp, Nation States and Soverigntty with credit system vs this International Financial Olicharchal Cabal that wants TheirNWO. Kissinger has much as said that there will be a NWO or their will be chaos globally sounds to me that is the Illuminati game plan submitt or else, and they will piclk up the pieces and remains later and still get their NWO. I personally dont believe in their crap, but then I dont value money and power over human life and progress

[35slave]

man of truth has a crystal ball.

[35slave]

good title to your video.

[huskie767]

Short- Major Market Indexes

Short- Precious Metals

Short- Real Estate

Short- Financials

Short- Oil

Long- US Dollar

[wolf123457]

but people are dependent. this will be 30x worse than the last depression there wont be food banks there wont be shelters it will be chaos. u will need guns and food not gold. people will kill u for food be ready i am god bless my american brotherain

[endlessmountain]

that is why it is better to be aware of what may and should happen because those are side effects of what should happen.. 30x worse (maybe) and it may only be 4x worse (either way its bad)

However, it will not be bad for everyone, and it is unfortunate many are still awake... but the wake up call is here.

[kosai19]

You sound happy that the event is going to happen. I don't think it's going to be a great event.

[endlessmountain]

Why would it not be great? This is what humanity needs to free us from slavery. A dollar collapse is a beautiful thing for dollars are not.

If you like live in slavery and are happy in that role and dont want to leave, yes it would be difficult

However, I am excited to see this happen so we can have a world for our children that are not tied to slavery.

[MilitiaHQ]

Unfortunately with what Europe, China and Russia have been suggesting its looking pretty likely the new reserve currency will most likely be again be fiat currency.

[kosai19]

I agree with you, long term it will be a good thing to come out of the slavery, but the problem is the transition. I'm expecting mass riots and civil unrest as the s**t hits the fan. I don't see a nice soft landing but a hard crash. When you compare things now to the last depression and the change in society it's clear to me things will turn out very violent. The majority won't be prepared and will go after those that are. That's why this isn't a happy event in my mind.

[Nosheepfull]

the dollar already vanish slowly for years , cliff high of webbots said its a question of a year or so , and like he said the dollar will still be here but you will 75 of them to buye some milk

[Druanna]

I dont have a crystal ball either lol lol ha ha ha ha

[Druanna]

How awesome Derek, Sheldan Nidles Update was just talking about this, and how we are going back into a Sovereign society of Common law and the Us Consititution. This will help us open up to first contact. Everything is changing Lawfully, energetically, spiritually, scientifically and I am pulling out a chair outside to say YESSSS FREEDOM IS HERE! I love your videos man, you totally rock! Keep them coming man. The dollar is dying. ;D

[maybecominsoon]

okay I agree with the Mayan calendar comment, but everything else, you really need to wake up, keep an open mind and do some research. When has a fiat currency ever NOT collapsed? And why would our dollar be any different?

[maybecominsoon]

What, in your opinion, did he say that was so "nutty"?

You must think we are in a recovery, huh? lol - you must have failed math class. It's simple math, not even debatable

[Druanna]

OR we can laugh in your face and say HA HA you didnt believe the most intelligent civilization in the world who created the Mayan Calender and knew all about Neptune all of these other planets the modern man has just now discovered. Neptune wasnt discovered until the 70s. how in the heck did the mayans know about neptune?? The most accurate Calendar in the world predicts this. So you will be an absolute IDIOT not to take this calender into some intelligent consideration.

[devience666]

Yea that makes sense, I'll buy a futures contract when I could just buy the actual metal and get the expose to future price hikes and the actual assest to boot. As for the communists the Chinese said to buy silver not gold which they can afford. Taking 1.2 billion ozs off the market is HUGE. Coins are also the best way to buy since you arent held to holding a large amount like you would with 100oz bars. Also the dollar will collapse because no Fiat currency has ever been sustainable.

[MimiZ914]

ZEROSUM: I am a voodoo queen and have sent all your hateful, ignorant and dark energy back to you ten fold!! If you don't subscribe to this thinking - don't seek it out! If you start having nightmares, find your B.O. has become unbearable even to yourself, your dog runs away from home, and your luck goes south then you can thank me. OPinions are like assholes, everyone has one and need some Preparation H.

[nambypamby34]

Umm I'm ok waiting. I'm not jumping for joy waiting for my world to crash...

[endlessmountain]

Doomsday? heck you can not even spell it. If you want to listen to support that of doom, I would listen to your message as it is filled with fear.. However even Obama supports DOOM when he said he wanted to restore lending and get jobs back in the market (meaning keeping slavery alive for debt)

I woke up in 2007 to reality which is something that seams you haven't as your message does not support the mayan calendar

[endlessmountain]

four years of duration could take a year from what you are used to for four years as the energy torsion field keeps expanding which is the reason for this 2012 phenomenon. That means what used to take place over 4 years many years ago can be done in a year now as more and more can happen in less and less time.

[loai050]

"Beforehand and afterhand", I like it... must use it myself ,thanks Derek.

[Wittmann73]

I like it how u magically appear in the beginning.

[talkal0t]

The recession IS over!  It's the begging of the depression!

[nkosev]

Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.

[MoneyBags73]

Please look at my new video for a different explanation on the inflation of our currency. Or look at what China is doing. Why are they accumulating so much gold.

[jpaint]

Awesome orb action!

[WakeUpNow2012]

LMFAO @ Bernanke today...the Recession is "LIKELY" OVER HAHAHAHHAHAHA never laughed so hard in my life.

Recession is over and teh Depression starts...yep...get ready for a big crash in Oct/Nov folks;

[4change17]

Ben Bernanke was completely right. The recession is really over, because the depression has begun.

[raulvideo]

jajajajaja

[gilbertl2000]

I like em, but I like silver maples better

[1TheTruthChannel1]

Good stuff man. Are silver Eagle coins alright to buy.

[AndyMH182]

LOOOOL!!! The beginning was funny

[icebreaker7]

agreed!

[jack4396]

dude... at 00:55, a strange light orb thing passes by over yur head on the right hand side.. watch it closely,.. wot do u think it may be?

[endlessmountain]

wow you are right. I'll ask Druanna, but it was there COOL :)

[truthseekerlibrary]

OMG! I saw the orb again in the bottom right corner at 5:12. It flew up and to the right. Weird.

[MsIMListening2U]

It looks like one of those Glade time released chemical-laden, poison air fresheners.

[onewingedsky]

your right! that was freakish!

[Mongodelight]

gold close 3 times over 1000. Thats awesome!

[stellaconcepts]

pull up a chart... its happening now.

[paulmallo1]

You will be waiting for many years

[jdl1881]

Nice job,!

[Nosheepfull]

Anybody can answer my question about what will be the impact here in canada when this collapse thanks..

[dx11101]

binary? dont you mean boolean? - true false?

[endlessmountain]

binary is 0/1 so the same thing i guess.

[AllahConsciousness]

A Jew should never carry his metals around in a little bag! LoL. I suggest you use a box or coin purse. Don't be like a negroe caught with fried chicken and watermelon bro.

[pieater53]

Bernake forgot to add the depression has just begun.

[Shocksink]

Wazzup D! You're cool dude

[jonah70757]

A currency crisis/collapse is no fun and not something to pray for, even if you expect it and are positioned to weather it and perhaps profit handsomely. Wouldn we all prefer stability for all? Sure!

[1989kirby]

endless mountain believes that if the system collapses, humans can build a better one and be much better off than we are today.

Personally, i think a system collapse would be a great way for the elites to establish a tyranical govt.

[jonah70757]

1989kirby I agree with you view 100%!

I hit the thumbs down button by accident sorry! Meant thumbs up!

[BiohazardDarknoob]

yes how will it effect europe?

should we also buy silver?

[1989kirby]

no. you guys should buy are green backs, and we'll take your silver.

lol

[Wadim87]

Any suggestions for those of us living in the eurozone?

[bigsteelguy]

Another thing Derrek,

Ron Paul is getting alot of media exposure about the Fed, and the Media is finally believing him about ending the fed. He was on Msnbc yesterday, i tend to follow him on youtube every now and then. Since he's the one i've learned about the dollar and the fed, even before watching Zeitgeist and the other movies.

IF the Fed ends in the next 2 months, that is really going to cause a positive outcome for all of us.

[endlessmountain]

I can see the MSM getting better or making steps even though some of the propaganda they spew will still be bad.

[Silberhorter]

Dollar Collapse would mean stock market skyrocket. but thats 100% not in the technical stock charts huge collapse waiting. food is really best investment one can make. biggest reward/risk ratio by far one can make by now. canned food double or triple pack which expires after 2012 or 2014, I love to pick some of those lately. Especially because they are chemtrailing us and the weather to death lately. This will have tremendous effects for climate in the next years and also create food shortages.

[Silberhorter]

all my opionion only of course :-)

[endlessmountain]

it is very possible and probable that will happen with stocks.

I love your analysis on this comment. Thanks :)

[bigsteelguy]

Another thing i would like to add, have you seen the skys lately? They have been so incredibly Beautiful and are gaining much more colors. Like yesterday i saw some violet in the sky for the first time, but with orange, and blue, so with multiple colors.

Right now it is just clear sky blue. It is just amazing how our preceptions of reality is shifting. I'm very excited for what to see next, even if it does look like the world is collapsing around me.

[UVpirate]

Who wrote this Book of Revelation? How do I know the author is a reliable source?

[endlessmountain]

its a very old book that is called the bible. I am one of very few people in the world to see it as any other book and one that I question what is said in it for fact and fiction.

When the books were written over 100K days ago its definitely an antique to say the least.

[bigsteelguy]

What if the New earth begins in 2010 instead of 2012 and we might be way ahead of Schedule, So what if all these changes are going to be positive in the next year, instead of doom and gloom.

I mean we are creating our world together. According to David Wilcock that we are going to see some amazing things happening by the end of the year.

With Technology, Economy and Ufo's and et's.

Remember Derrek Everything is in a Constant Evolution, and the best is yet to come.

[endlessmountain]

I have heard a case for AUG2011 as the zero point reference and that I will not know by feeling experience for at least a year.

[bobdrake]

I sold a large % of my stocks and bought gold and silver mining stocks the first part of this year. My gold (GG) and silver (PAAS & SSRI) mining stocks are doing just great.

[Silberhorter]

best time to sell now those stocks they aknost trippled since end of November. I sold all mine which I picked up back then like crazy. I am pretty sure that all mining stocks will once again collapse with the market when then markets resume their bear market. Its all the same index. Liquidation. USD will rallye massively in case of next downleg. They prepared it all, USD corrleates 1:1 to stock market. But hoarding silver is always great :-)

[redline1189]

recession is over depression has started,

[endlessmountain]

is there any fine data that represents a depression? Recession is 2 straight quarters of neg GDP. Not sure on this one.

[dwfierce]

go derek

[sphindog]

I have already gone on record with my prediction of the end of the month in conjunction with the g20 meeting in Pittsburgh. They will release some info after the Friday close of the market. Bets anyone???

[1pigslayer]

i am begining to wonder if the collapse will even happen cause if the gov can print money all day and control the people in a rigged political arena maybe they are going to get away with socialism and we wont have a total collapse. maybe it will be forced nazi america.

[endlessmountain]

thats the reason for the collapse because of the printed money. Looking at the dow or S&P for economic signs of recovery is foolish for zimbwabwe would have had their economy do better than 10 fold of an improvement with their magnificent gains of over 10,000% gains.

Dow 100,000 could happen soon and that loaf of bread would go up to $39.99 or higher.

[goscott4]

For those that do not know, the bible says that the worse will happen within 1 hour!

Study The Book Of Revelation, chapter 18. Get an easy to read version like The New Living Translation on line and see how bad it is really going to be!

[dontblamethemessenge]

ask Jim Cramer, and it is the opposite.

[odin422]

great vid

[EndTimeProphecy]

Hey I am gona be doing a video series on Hyperinflation.Coming soon to usa.Keep up the good work.God bless.

[kihjin]

Haha Detroit Lions!

[jonyjoe896]

The recession is still going on strong, and I see signs of inflation just yesterday. Very subtle a box of cereal is now 12 oz's instead of 14 oz's, ice cream is coming in a 1.5 quart container instead of 1.8 qts. The price is the same. Gasoline is past the 3 dollar mark and most people I know are barely surviving. I don't know if the dollar collapse is a good thing or bad thing, but I'm stocking up on cup of noodles and can goods.

[christo930]

Might I suggest you also stock up on a means to make them? I think it's funny that people are stocking up on foods that need energy to prepare when they think they are preparing for hyper-inflation or a break down of society. I highly suggest you pick up as much kerosene as you can (and 2 heaters) and as many propane tanks as you can, as well as a tree to use them with camping stoves and lights. Stocking up on water would be a good idea as well. I don't think it's going to happen though.

[Nosheepfull]

what do you think will be the impact here in canada..when this happen. thanks derek

[mrzack888]

I've been waiting for the collapse forever now. When will it come? I can't stand it anymore!!

[1mealperday]

as you spoke of food i am reminded the BDI dropped a lot and approx. 500 ships sitting idle.

[1mealperday]

i agree. patience. Mayhap its best to put the whole show on ignore for a few days.

[ruleof3]

Are you liquidating your stock positions or are you holding and waiting to see what happens?

Im thinking that maybe its time to sell and lock in profits.

I am also thinking that 24-28 of sept will be the beginning of the next collapse. Possible black monday on the 28th of sept.

The day of atonement.