Dollar and Economic Collapse Update (August 1, 2009)

[StockTradingMaster]

Good video

[Jacobrester]

This dude will be on Youtube video 5 years from now saying....."The dollar is going to collapse anytime now !"......He probably has been saying it for the last 5 years

[Tanarus20]

Hey Derek.

If the Dollar crashed and became worthless. In your best guess, how much would you think an Oz of silver would be worth? I heard it could go as much as $500 an Oz. What would be your best guess??

[Patriotgal1]

endlessmountain- As a Woman, I also find you attractive, AND intelligent, which is more important!! God's Bless!!!!!!!!

[Patriotgal1]

endlessmountain- you seem to have a very firm grasp of reality! I appreciate your video's, and will watch more! Spread the good word!

[Patriotgal1]

bussysam2- No matter what happens, you WILL get screwed by the banks. But- You will be too concerned with staying warm, and eating, to care about student loans. My PERSONAL advise?? Sell all unnecessary crap, stop paying for regular debts, borrow as much as possible, second mortgage if possible, and BUY SILVER!!!!!!! Hide it well. Buy it with Money Orders. I know, I've bought literally TONS of Ag, and Thousands of TOZ Au, in the last decade! Good luck in the coming collapse, and God's Bless!

[jasondaytrading3]

endlessmountain, just wanted to say, you're cute! and sexy... Jason

[bussysam2]

If the Dollar collapses, what happens to my debts like student loans and car loans? Do they get re-adjusted?

[endlessmountain]

Not sure yet. Interest rates will most likely go up and I am not sure what that means based on those whom have fixed interest rates.

[Easydollars]

Use your birth certificate to pay out the debt. You can use it as a bond. Access your exemption. there is no debt, its an illusion. money is created from nothing so you can get it sett off with a signature.

[comboverchum]

The dollar is doing far better than the N crown. But we cannot buy sir Ron ''''paul

[comboverchum]

It is not that øgly,It is make or breaketime balls is in my blood.Cheap value may continue.

[ismangeloso]

People just lived above their possibilities for many years and now there is litlle we all can do except cut expenses and adjust the standard of living. Obama is just putting the band-aid on the wound but it needs time and effort.

[guitarplayer4real]

@ismangeloso LOL:-p Keep telling yourself that! All this shitbag did was give the banks a shitload of money for bailouts, got everyone laid off with no prospect of ever getting their jobs back, took their homes and gave it back to the greedy banks and now laugh's in their faces as banks clean up on these properties once again You Dems are fucking idiots, prove you are not!

[dav7612r]

there isnt a single dictator or communist that is going to hand over power to one world leader and some of those dictators and communists even the USA won't f**k with. the castro's and kim jong il's will unleash nuclear power to protect it. you may as well push the red button now.

[dav7612r]

there are far too many differing opinions on governing to create one world government. it's already a constant struggle/clash between governing bodies. one goverment would turn into every "world leader" fighting for the top spot, an endless world war As far as bankers in charge of currency, what is there to be in charge of in that scenario? If all currency is one, there's no need for the number of banks that exist today. there would be one single central bank. absolute power corrupts absolutely.

[endlessmountain]

it seems we are in a one world government now. The evidence points to this and we do need more than just the UN as that is a part of this.

However, in reality the world does need to come together and it seems that IF it is not the case now, it is only a matter of time.

[messanger0169]

and look we got north american union...we are cool with Britain and the roman pope.....its starting

[dav7612r]

The NAU doesn't even exist. If it does, it's merely to combat the trade agreement the European Union set up by Europe. One world currency makes interest rates obsolete. How do banks make money? Interest rates. One currency would cripple every single banks ability to ear revenue. Not likely to happen. It's all consiricy theory.

[messanger0169]

if they focus on 1 world government bankers would most likely be in charge of currency

[messanger0169]

and most of the bankers of world are from USA they have been pulling strings for awile.....its just a matter of time....chip is alrdy enforced in some jobs in maryland and other places.....i believe we will have 1 world leader soon...and under him the pope cuz of 1 world religion which has alrdy took effect.....and the pres/ministers.....are probly going to end up representatives for there area or become like the board who decideds on presidents ideas if u hear where i am coming from

[dav7612r]

mustfarhan has a point. think about it. how many contries are heavily invested in the dollar and don't want to see it collapse? MANY. a dollar colapse not only spells doom for us, it spells doom for them also. NOBODY wants that to happen and EVERYBODY will do whatever they can to stop it.

[messanger0169]

but in order to do one world government....they will need it to fall so they can redu money....if ur in denial or not its going to happin all goverments alrdy want the 1 world currency..USA,Rome,canada,mexi­co,russia,china.....its just a matter of time....if u havnt noticed along time ago we would get alot more stuff for a dollar now we get alot less over yrs weve been geting less for a dollar..and u believe it is not droping...milk used to be $1.50..gas used to be $1-2 a gallon..u get my point?

[dav7612r]

I get your point. However the phenomenon you speak of is called inflation, there's also something called deflation. This happens because currency is fiat. If it were backed by gold as it once was prices would remain stable over time. Prices appear to go higher with fiat currency when if fact they really dont. Look into it. As far as one world currency, the USA controls most of the world banking system. Do you really beleive we're going to share that kind of power???

[messanger0169]

yes but see the difference between now and the great depression...is that bacc then they had major revolt and saved the currency.....but after that revolt we started a US army....bac then we used to only draft in times of need.....now we can have martial law to stop such a event.....its a matter of time between all the world leaders wanting same currency along with 1 world goverment....they have been working on this behind the scenes since daddy bush was in office

[mustfarhan]

there will be no dollor collapse...please!!

See my august and on going predictions... Dollor is going to be strongest then ever in up coming months.. for the real traders and people who need real info. visit my channel and see the latest prediction. see the date of video and see how its working? people are making videos about economy without no knowledge of it!

[endlessmountain]

Dollar never will collapse. Thank you for the laugh.

Are you listening to MSM or have you denied money as debt and other documentaries which explain how money is created.

[guitarplayer4real]

@mustfarhan Really? Have you reassessed that statement more recently. Tell my several laid off employees that have healthcare now but are in the food stamp line that its getting stronger. Since 2000 my business has paid 60k in taxes combined with my employees included. Since 2008, the very month liberal shitsacks took office, Uncle Obama has gotten nothing, nor do my employees have work yet after 2 years.

[oc5nsli341nforce4]

Once there is a bank run the stores will burn.

[dav7612r]

As a currency trader myself, I don't think the dollar is doomed just yet. If you look at eur/usd we're still in a retracement (weakening dollar after huge gain in strength). We have to bust 1.60 before im convinced the dollar is dead.

[mustfarhan]

Dollor is never gonna collapse.. Dollor is tooo strong in coming months and i see crude oil going below 34 usd and all other forex especially euro coming down against US dollor. check my predictions.. people know nothing about market and they are making videos.. any way check out. sell anything against US dollor

[dav7612r]

Trade what you see. Not what you think you'll see.

[endlessmountain]

that is what i have been doing with my purchase of silver and other assets. It is very easy to see the dollar collapse.

[wkruk1979]

im sure the secret service would love to see that

[messanger0169]

U know this collapse is bull shit....i mean we pay taxes on everything now days! there is no reason what so ever for dollar value to be droping i mean other countrys dont pay as many taxes as us if u dont relize the facts ur a fuccin stupud ass....this is for readers who think its our fault

[cadceddddd]

What can I say.....

Well, just keep on doing what you are doing! Enjoy the results of all your hard work! Nothin bad can ever happen and there will never ever be any problems during this century.  Don't worry about that pesky stock market, the big investment banks have your interests at heart. Eat burgers, drink beer and watch porn. Better yet, spend every last dollar that you have on that set of collector "Elvis" beer mugs. Probably the smartest investment you will ever make.

[mustfarhan]

Dollor is never gonna collapse.. Dollor is tooo strong in coming months and i see crude oil going below 34 usd and all other forex especially euro coming down against US dollor. check my predictions.. people know nothing about market and they are making videos.. any way check out my latest prediction on my channel. sell anything against US dollor

[florgat91]

would we consider this rally a new bull market ?

[endlessmountain]

If you need to get technical, we need to see how it can handle the down trend line that connects the 2007 highs with the Spring08 and August08 highs. When it can take that out and find support and lift higher, then it would be long term. With a newly rising 200 day and declining 1-10 year moving average on all indexes say bear market right now.

The US Dollar however is in a beautiful bear market which is fueling the rally higher on market indexes.

[flangelet]

I get a bit hacked off at this perceived wisdom that the 'gold market is being manipulated down'. Really? Are you sure? Gold isn't cheap.

I watch gold/commodity prices every day & central banks aren't really buying that much & nodody is pumping gold into the market to *force* the price down which would have to happen.

We are at the tail end of the biggest gold mining rush in history... production IS high.

Demand is higher since 2008Q2 because of the crisis. It'll subside as fear subsides.

[endlessmountain]

as fear subsides? It has subsided over the last little while when you look at the VIX index. There is too much evidence that the fear will increase to proportions humanity has never seen before

[flangelet]

Face it... the usa is doomed and will be in real trouble *sometime* after the US Treasury bubble bursts but before the repayment or rollover of the 3yr 5yr 7yr dated Treasuries comes due... perhaps.

[flangelet]

00:16 - You 'feel' the market?

Oh dear! Bad start to any economics video.

Timing is the most important & least predictable (it's apredictable in fact!) part of investment.

NOBODY... repeat... NOBODY ... repeat.... NOBODY can predict the timing of the market.

Investing is like playing chess; you position your pieces so that events blunder into them and you gain money as a result.

I have stocks that will skyrocket sometime in the next 3yrs... and that's as close as I can call it!

[raulvideo]

Dollar collapse is real.

Be prepare for the nest massive evacuations, quarantine, Vaccinations, H1N1 fears again in the season flu. buy all the food you can get. food, Tami flu stocks, guns and medicine is the market today!!!!

Are you better today? or in 2005-2006-2007??

I'm so ignorant.

[Billpete002]

Hey endlessmountain, your estimate on end of 2009 beginning 2010, coincides with the second wave of foreclosures (Option ARM and Alt-A)

[lzmaninc]

Bring Back Capitalism!

free "Bring Back Capitalism" bumper sticker at BringBackCapitalism . com/free.html

[chinacat22]

When is this big collapse coming? I am sitting here in my basement with my rifle and canned food, but it is getting lonely down here. When is the big collapse?

[endlessmountain]

If i knew i would tell you, but my best guess is end of 2009 or start of 2010 which is the half way point of the current cycle. This is when these types of things have the best chance of happening.

The dollar fell again today, but being prepared in well then enough times makes it easy.

Because if you are ready and waiting that is better than not waiting and rushing when you are too late.

[dav7612r]

The only way a collapse is happeneing is if other countries raise interest rates higher and faster than the U.S. U.S. interest rates literally have nowhere to go but up, strengthening the USD. Big Ben won't sit by idle as others raise rates. He'll counter and raise rates himself. When you consider the state of economies worldwide they're just as bad off as the USA.

[goldspring187]

you might have to run to the dollar store for another case of KD

and for that matter dont forget the KY

[goldspring187]

good vid

i believe that 'cash for clunkers' is just another government operation to spy on citizens

just listen to glen becks thoughts

watch?v=mqfuZ7hiap0

the idea is for you to hand over your total computer rights so you can sell a POS car..i guess they thought it wouldnt seem so intrusive if it had something to do with cars..it basically states your computer is property of gov!

some good reads

safehaven . com / article-14073 . htm

marketoracle . co . uk / Article12442 . html

[CombineEmpire]

Dollar got HAMMERED again today guys. Closed on the lows as stocks closed on highs. This is looking quite serious, and I feel something is very out of place.

[chromedreamz]

OK when Dow gets back to -say- $7000, do you think Dollar will rebound, therefor Gold/silver plummetting again????

[endlessmountain]

The dollar is capable of bear market rallies as gold and silver is capable of bull market pull backs.

I do not see these metals taking massive hits to the down side, until they have broke out very nicely. If this does however happen this will spark the revolution even faster.

I am saying this because I can't see how they can bring gold back below 850 and how silver can even see $11 again.

[every3600years]

5* another great vid! Thanks!

[Doenietmeermee]

silver 1,000 USD/Oz.? I thought little less, matter of major resistance at 999 USD do you not think? :) *****

[endlessmountain]

its about picking the maximum dollar figure before the dollar is no longer accepted. At Silver at 1K, then break could be $25/loaf or higher.

After all, even though I think silver is going higher on its own, the dollar is done!

[Choros22]

The main reason for increased earnings of these companies is because of cost cutting, i.e firing people and reducing wages and investment levels. This is most certainly not an indication of an improving economy.

[slappy09]

GO STEELERS!

[harveybirdmannequin]

Dennis Kneale is one of the biggest hacks on CNBC. Kudlow gives him a run for his money. Those two are obviously talking up their own agenda and losing and abusing any journalistic integrity anyone thought they had.

It is beyond impartial what those two are doing. It is criminal. They are using their positions in the financial media to try and manipulate the markets for their own gain.

[jamezbond78]

I liked the Cardinals vs. Steelers analogy. Very funny but true!

[vikingscool]

US Dollar is worse 3 times than 35 bridge in Minneapolis. Our dollar are at risk. Take action to audit the FED!

[honestybestpolicy]

If anyone out there is familiar with Sheldan Nidle, please share and give your 2 cents.

[InkedXyz]

Sheldan Nidle who predicted the end of the world on December 17, 1996? If its the same guy, I think history speaks for itself. Um... we are all still here, right? :) Its always better to be safe than sorry. Storing some goodies won't hurt you. Believing all is well and not having goodies could.

cheers.

[RomeoMD25]

If anybody wanted to know how GW Bush? would look BLACK, now we know !!!!

Anytime when Barry, I mean Barack Obama speaks, my ears bleed...that man is so fake and it's disgusting that people (the sheeple) worship this fool...they'll regret it soon? enough.

[Trazom24]

Second thing. You're right on about the lowering expections thing. The markets are all about results vs. expectations. So by using this formula it is possible to prop up stock prices by simply lowering expectations time and again.

The caveat is this cannot last for ever either. Eventually as profits erode or disappear all-together, the new lowered expecations will appear to be a joke and the stock prices will have to come down.

This trend will gain momentum in exponential fashion.

[Trazom24]

Good video Derek. I've enjoyed watching them for about a year now.

Two things. I am not so hopeful that economic reality will come to pass anytime soon. For every program we know of (Plunge Protection Team), I'm betting there are 3-4 additional ones we are not aware of.

Ultimately you're right, they can't keep stretching the rubber band in multiple directions and hope to keep it intact. But don't underestimate how long this can go on.

[endlessmountain]

They are not able to do what they want to as easily anymore because the People are getting smarter and are more awake now. They can try, but its rare they will be that successful

[drutter]

"Better than expected" is just an overused saying tacked onto bad economic numbers.

[freshlivn]

great vid ,thanx bud

[dojufitz]

Derek

was that whiskey? lol....

[endlessmountain]

water, but sometimes I wish it was.

[CCOTOPMEDIC]

THANKS DEREK!

[talkal0t]

Derick I like your vids because there both technical and at the same time crazy, I don't know if you know what your talking about or are you just a complete NUT! LOL but anyways I appreciate what you do my friend. Cheers

[rosewood223]

fuck u

[centervilletn]

interesting article from market oracle on the 31st says this week the dollar could collapse...

[DEMCAD]

The dollar is doomed and there's getting around it.

[dgmoocher]

Have heard some things about "Gold Money" offshore. It has currencies and metals which can be used as trading currency. Anyone out there know about these guys?

[Hendo1974]

Lyndon LaRouche today just said the whole global economic system will collapse in early October 2009, also shown on youtube

[dgmoocher]

Just save some of us from California some room up in Canada okay? We can adapt! We can change! :)

[cwicss]

C,mon up, bring yer touque eh, maybe some of them california beach bunnies too.....

[ABETRMAN]

YOU GO DEREK!

FIVE.0*****

[marnus9809035]

great vid!

[scanlonized]

Everything is fine. Recovery is near. Look at the stocks up up up. GDP is whatever gubmint wants it to be just like the market prices. People buy as much stock as try can, go broke, then the gubmint bails them out, props up the stock price, and pays their dividends. To suceed is to fail big. Never sell, buy and hope, then the US gubmint will make you hole. It only takes 500 milli seconds to become a millionaire!

[endlessmountain]

Well, its only fair that Goldman Sacs can make multi billions of dollars at every day peoples expense. Banks are good this way. When we live in a world where rich are getting richer, which is a major reason for this collapse, then the only way for a recovery is for the rich to give back in mass quantities.

[lindabebe835]

Good analogy with Gold prices and gravity. Keep the vids coming. they are great. :)

[lindabebe835]

Hyperinflation probably 1 1/2 to 2 yrs out. Stock up on food. Buy gold/silver. Get a weapon. Get out of the major cities.

[galikazoid]

thanks for your efforts

great analysis

[1mealperday]

when Gold crosses 1,000.00 it will make news, which will help to cause sudden runup

[Crow4gold]

Thanks for the Video. I enjoy listening to your research. Thanks for breaking everything down in human terms...

[WolfRun40]

very good job breaking things down . Thanks

[luciodelgado]

Endlessmountain!

If there is a bank holiday in the US will it be the same in Canada. During the great depression in Canada there seem to be none.

[endlessmountain]

we follow the united states, and similar measures could easily happen here also. We go down with them, not as hard and we have our dollar backed more, because of its commodities (IMO)

This means that not hit as hard. But, its not going to be bank holidays in the states, and Canadas financial institutions running so fine when we are affiliated heavily with them. It might mean that maybe only US accounts are in temporary suspension? who knows, but it will affect us. Our dollars also fiat

[gazoorap]

beryankee does have an exit strategy

he gets on a gulf stream and partys with his buddies in dubi

as americans fill up the fema camps

because they found out we are a communsit nation

its all perfectly legal

dont worry at least it wont be boring.

im so sick of all this flip that house crap.

[dwfierce]

COOOL!

[Danster82]

how much of the GDP do you think was made up from financial earnings? 50-60%?

Now considering they dont actual and cannot create wealth thats 50-60% leached from the real producing economy.

I dont think the GDP means anything anymore when the majority of its numbers come from so called wealth from financial sector.

[gilbertpsp]

so what will it lead to hyperinflation and when?

[l1ynu9]

derick i think you are so cute....

[endlessmountain]

thanks :)