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i love when people try to call when its going to happen we know its going to happen stop calling it because people stop listening ex 08 ,09 ,10 colapses . its like here in florida every year "oh this year we are goning to have 3 big hurricanes "but what happens nothing and people stop listing the guess what bam a big one hit and no ones prepared
The Remnibi is fixed to the dollar and has been for many years. Cheap chinese goods at the expense of the dollar, a devaluation would correct much of the imbalance from the past decade.
@marieatthelake be a little more original, ive heard tha comment dozens of times :you cant eat silver" or "gold", well guess what you cant eat dollars either, it still gets you food. when the dollar is finished, people wont want it, but silver and gold will become the new world currency. besides, i have guns too. i'll get food one way or the other...
This concept of a formal devaluation is a left over of a time when in the post war era we had fixed exchange rates under the Bretton Woods agreement.
There will no one day when the devaluation happens it will just sell off badly over a period of time weeks to months.
The fed is always on both sides of the Forex market they always are to slow the moves both ways they will just quietly withdraw support and let it fall.
A few failed bond auctions will change everything.
the fed is rich the more u work the richer they become why u think Lincon Jefferson JFK were murdered for? China will soon be left with trillions of worthless monopoly kind money while the fed's owners have all the Gold but as if that was not enough u "OWE" them trillions BS man they owe u more the respect of your country u r freedom yout ford Knox Gold n the Trillions they stole from u, u r dead troops fighting their wars n the millions of iraqis agfans too
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MrCcmaster 1 year ago
my ancestry traces back to Aztec areas....cannabalism is ok with me? Booohhh
1chichimec1 1 year ago
i love when people try to call when its going to happen we know its going to happen stop calling it because people stop listening ex 08 ,09 ,10 colapses . its like here in florida every year "oh this year we are goning to have 3 big hurricanes "but what happens nothing and people stop listing the guess what bam a big one hit and no ones prepared
nellynell77 1 year ago
The Remnibi is fixed to the dollar and has been for many years. Cheap chinese goods at the expense of the dollar, a devaluation would correct much of the imbalance from the past decade.
That's the idea.
Do not doubt it.
metalrose42 2 years ago
Nice, thanks!
plisk 2 years ago
This is NOT "disgraceul" or "insulting" behaviour - it is criminal, and a DIRECT assault on the people.
It is a Declaration of CIVIL WAR against the people. It doenst MATTEr whether that's what comes on the news, or not. That's what's happened.
Taking your rights away, is no different, if it's by false taxes and "bail-outs", from chaining your ankles. the RESULT is th esame - WORK !
So wake up - someone just declared civil war on the people, and its YOUR leaders !
AnnoyingTypoSyndrome 2 years ago
Thank you - posted on dailypaul(dot)com where rEVOLution has home!
campaign4liberty 2 years ago 3
campaign4liberty
I envy your user name.
Viva Ron Paul.
EndTheFedRes 2 years ago
What does "LMFAO" mean? Thanks.
tesskansas 2 years ago
@tesskansas - Laughing My Fucking Ass Off
leonsceco 2 years ago
better get your silver
donniebrasco24 2 years ago 9
@donniebrasco24 You can't eat silver. Store food, drink and supplies and, after you have 5 years worth of everything, then you can buy silver.
marieatthelake 1 year ago
@marieatthelake be a little more original, ive heard tha comment dozens of times :you cant eat silver" or "gold", well guess what you cant eat dollars either, it still gets you food. when the dollar is finished, people wont want it, but silver and gold will become the new world currency. besides, i have guns too. i'll get food one way or the other...
donniebrasco24 1 year ago
This concept of a formal devaluation is a left over of a time when in the post war era we had fixed exchange rates under the Bretton Woods agreement.
There will no one day when the devaluation happens it will just sell off badly over a period of time weeks to months.
The fed is always on both sides of the Forex market they always are to slow the moves both ways they will just quietly withdraw support and let it fall.
A few failed bond auctions will change everything.
carlfinkle 2 years ago
carlfinkle
"A few failed bond auctions will change everything"
Hasn't this already happened to some extent? The Federal Reserve now owns much of our debt. Makes you wonder where they'll get the money. lol
China will be in the bond market soon. They already had their trial run.
EndTheFedRes 2 years ago
Good point
carlfinkle 2 years ago
the fed is rich the more u work the richer they become why u think Lincon Jefferson JFK were murdered for? China will soon be left with trillions of worthless monopoly kind money while the fed's owners have all the Gold but as if that was not enough u "OWE" them trillions BS man they owe u more the respect of your country u r freedom yout ford Knox Gold n the Trillions they stole from u, u r dead troops fighting their wars n the millions of iraqis agfans too
polygamous1 1 year ago
There will be no bank holiday. Such a thing is not necessary, we are no longer on a gold standard.
The dollar floats freely. What will the dollar be devalued against?
A dollar devaluation means the elevated value of some other thing.
A modern devaluation means inflation.
If you believe inflation is coming, take out as much debt as you can and purchase some naturally inflation hedged asset.
caveltor 2 years ago 2
All I can say is get ready for a really bumbbybbyby ride!
goscott4 2 years ago 3
Uncle Bob know his stuff! A God Send! Max keiser is also good! Either way, big trouble is coming!Prepare!
Hendo1974 2 years ago 14
He seems a bit grumpy in this one.
GypsyHustle 2 years ago 2
I like Bob Chapman most when he is aggrevated. He does not mix words, and still remains a gentleman. The world is lucky to have "Bob."
tesskansas 2 years ago 3
yes... I heard that also.
I made a video of a coming bank holiday by the way... I'm sorry, Bob !!!!
Hey, Marc.... everybody seems to listen to Bob Chapman today. He will be on George Noory also !
ewffaces7 2 years ago 2
4:40 - LMFAO!!
vinny1010 2 years ago