Big Smack down Coming! End of the Petro Dollar?

[Viper_99]

Read this on the Silver for the People Blog: this is a quick timetable for the fall but it is interesting. He doesn't really source any of the information he just says...informed sources. I'm not sure about this timetable but it could be the tipping point. If the middle east demand gold for oil, America could just collapse. What are your thoughts?

Europe will fold this summer. This will initiate a flight to the U$D. As the dollar strengthens, gold and silver will, by U.S. Dollar measurements, falter and if you're stupid you'll sell. Only the smart will buy. Then, according to informed sources, sometime this September, the Petrodollar will fail. Our friends in the Mideast, and in Asia, will want gold and silver for their precious commodities.

And those holding gold and silver will have all the survival kit they need. Just sayin' that between now and then, we are going to get savaged. Gotta shake out the weak sisters. Apparently, my correspondents are amongst this crowd.

Just sayin' . . .

David Bond, Editor

Link: http://www.silverseek.com/article/silver-grumps

[harbl_the_cat]

(06-13-2012 02:34 PM)Viper_99 Wrote:  Read this on the Silver for the People Blog: this is a quick timetable for the fall but it is interesting. He doesn't really source any of the information he just says...informed sources. I'm not sure about this timetable but it could be the tipping point. If the middle east demand gold for oil, America could just collapse. What are your thoughts?

Europe will fold this summer. This will initiate a flight to the U$D. As the dollar strengthens, gold and silver will, by U.S. Dollar measurements, falter and if you're stupid you'll sell. Only the smart will buy. Then, according to informed sources, sometime this September, the Petrodollar will fail. Our friends in the Mideast, and in Asia, will want gold and silver for their precious commodities.

And those holding gold and silver will have all the survival kit they need. Just sayin' that between now and then, we are going to get savaged. Gotta shake out the weak sisters. Apparently, my correspondents are amongst this crowd.

Just sayin' . . .

David Bond, Editor

Link: http://www.silverseek.com/article/silver-grumps

Silver smack down?

Bring it on!

[Ivan]

interesting, I wounder if the source is Lindsey Williams. time will tell.

[Mr.Akamkk]

These predictions are coming from a number of sources that I have seen. The whole game at this point in time seems to be hinged on the Olympics in London and the election in November. Look at China and the amount they are importing and the fact they are selling their US bonds directly to the Treasury now. They are unloading the dollar like its a hot potato. The only other variable I can see iis the pending war with Iran. I don't know how that figures into it, and yes it is inevitable.

This is shaping up to be a HOT summer.

[nosirrahx]

I am decades away from a low metals price making me do anything other than laugh as I place another order, bring it on

[motionman]

It looks like a war in Syria is unraveling first.

[SilverTemplePilot]

[Viper_99]

Is this what is will be like in the US and Canada?

[II DALTON II]

Europe will not fold this summer. It is holiday season, The Olympics are on and it is the EURO 2012 cup. There is gonna be a crap load of currency changing hands.

I'd say it is 2013 when the problems will really pick up pace. End of Q1 I say.

[Ivan]

well the greek vote is this sunday and every one is expecting that it will pass and kicking the can down the road will go on. thats when we will start to get attention, we have elections, debt ceiling increase, bush tax is going to be over, unemployment benefits are ending. is there anything else i am missing? So all those thing can put pressure on the dollar, and we will be getting plenty attention soon in my opinion.