Doug Casey - "I am absolutely convinced the Euro is going to fall apart".

[fenxism]

Who 'dictates' to the Credit-worthiness institutions as to what rating they will give to the countries in the EU? As long as they are perpetuating the myth of credit-rating, they continue to get away with their rip-off game. It has been this way for decades, only now the stakes are enormous and the cliff is in plain sight. How DO they sleep at night?

[SHABBAZZ4EVER]

SELL US$, SELL EUROS, BUY GOLD !!!

[toshibavoodoo]

great

[Frequencitee]

Thanks NOW!

Bob Chapman spoke of this recently and, to give his perspective, the failure of the Euro-currency will be both the cause and effect of instability within the union, as more countries lose wealth to those conditions within central banking that persist.

Many of us agree, that there needs to be a medium for storing wealth. Some choose the metals, others land or real estate, etc....

With respect to the metals, there is another reason to hold physicals. In my opinion, there is a h

[Frequencitee]

...igh probability that there will be a need for an interim form of trade, while countries transition to yet another fiat both locally and within the union.

Also, in my opinion, I can't ignore the signs that this is a planned effort to win support for a new currency, with a global unit of measure; wherein, global resources are pooled under the umbrella of the IMF and a currency is issued by the World Bank, backed by human and natural resources.

[Frequencitee]

The greatest transference of the wealth of human and natural resources has yet to occur.

[ShillBasher]

No judgment on you personaly but this piece is far too simplistic to be taken seriously. It's a bit like saying the earth will ultimately fall out of the heavens because there's nothing holding it up.

My opinion is that all currencies are in the process of being de-valued. The important thing to ponder on is: devalued against 'what'. If currencies are valued against a basket of currencies then the basket isn't a good yardstick. Gold/ Silver/ Oil/ Gas/ Food etc would be a more realistic guide

[143DREWID]

@ShillBasher

simplicity is almost always the easiest to avoid. especially when simplicity presents the truth.

the world is flat, and the sun revolves around earth. for thousands of years. until "we" believed what we knew; not what "we" were told.

Belief is a spell cast by words. 95% of the time in a poisonous viral form. Check your hard drive.... in your own mind.

This is not a challenge in any form. SEEK the remaining 5%.

[NowisEvollovetion]

I could not have said it better myself DREW,

The mind (and it's corrupted programme) tends to think that unless answers are complicated, well they cannot be true.

Keeping things as simple as is possible is for me always the best option.

Thank you.

[ShillBasher]

Hmmm, I'm not exactly sure what you're on about or how it relates to my comment?. Actualy.. don't worry, I think I'm gonna have to leave you to your deep thoughts, friend : )

All the best.

[goodagofilms]

@ShillBasher

A Turtle is holding it up.

[Vertedism]

@goodagofilms

Its turtles all the way down!!

[goodagofilms]

@Vertedism

Absolutely HahAhA. Your the only one to get it!.

[Vertedism]

@ShillBasher

If the European economy is in decline, the Euro will be a less attractive currency for foreign investors to buy on the FOREX market. Thus a fall in demand will cause the value of the Euro to decline. All currencies are depreciating in value, but I think this video is saying it will depreciate more than other currencies. You can think of it this way. All currencies are in decline measured against commodities, and the euro is in further decline measured against other currencies.

[Vertedism]

Also unlike the dollar, which will (for the moment anyway) always have some demand propping it up as it is required to buy commodities such as oil from Opec, the Euro doesn't have anything. Tourism maybe?

[ShillBasher]

I know. My point is that they are taking turns to fall. If you put carry trades and stock markets asside they are ALL falling in value when priced in (inflation adjusted, non-maipulated) commodoties.

The most important thing we must all know is why they are falling and how we can protect ourselves against it. It would also be wise to research who is likely to come out of the other end ahead of this daft monetised race to the bottom. This game can't last forever, China knows this!.

[UTEPKSC]

Great Video... The sheeple most likely will not wake up in time. :(