On a global scale your article is 100% accurate at this time. On a local scale, many people are already moving to dollar alternatives. How long will it take the local ideas to grow into national ideas?
Mark Herpel editor community currency magazine editor@dgcmagazine.com
Reserve Currency Talk: Inequity Written All over It [View article]
Well that is sort of correct but NOW, today, they are buying commodities and not Treasuries. That's right copper, zinc, gold etc. They can't shake the dollar, you are correct but they don't have to sink anything additional into US Debt, that much they have made clear. Mark
On Apr 22 09:55 AM Mad Hedge Fund Trader wrote:
> Will this never end? Will people pleeease stop incessantly talking > about the possibility of China dropping the dollar as a reserve currency? > What else are they going to use? Monopoly money? Taiwanese dollars? > Collectable postage stamps? At nearly $2 trillion, the Middle Kingdom’s > reserves are so enormous that no other currency in the world could > accommodate the switch, and no other security offers the necessary > depth and liquidity but Treasury bills. Chinese attempts to buy anything > in size causes its price to immediately skyrocket, such as we saw > in the relatively Lilliputian commodity markets last year. And really, > how like is it that China embarks on policies that quickly halve > the earnings of the country’s exporters, as well as its 30 year > hoard of accumulated savings? The demise of the dollar has been predicted > more often than the ditching of Microsoft’s Windows as the global > PC operating system, and is just as likely. Hate the greenback as > much as you like, but there just isn’t any other alternative. I have > been hearing these arguments ever since the US went off the gold > standard in 1973. First there was a perennial Arab threat to price > crude in a basket of currencies. Gee, they never seem to complain > when the buck is going up. Then there was the speculated emergence > of the “Yen Block”, in the eighties, back when Japan was dominating > international trade and the yen was bumping up against ¥80 to the > dollar. Remember the book “Japan as Number One? Ha! Double Ha! Then > we got all that European whining after the launch of the euro when > the weak dollar was everyone’s one way trade. Let’s face it, Europeans > hate using someone else’s currency as the primary reserve instrument. > Before the dollar, sterling was in widespread use and was equally > despised. So rather than waste time discussing this issue anymore, > let’s talk about something more important, like which of those two > flies over there will jump off the wall first.
The WSJ Is Right - U.S. Should Return to a Gold Standard [View article]
This move back to real money has already started and it will move from the bottom up, community by community, state by state. www.indianahonestmoney... it's also pending in Colorado, getting ready to be filed in Ohio and there are 3-4 other states with similar legislation including Washington State. This is a movement by people not governments, the federal reserve..opps I mean the federal government would never make this change again. From the bottom up. Mark DGCmagazine.com
The U.S. Treasury's Golden Shell Game [View article]
Nice easy to read and understand article. I think GATA.org has been working on this one for some years now with very little success. Not sure I even want to 'know' what the reality is, but it appears sometime soon, if they revalue that gold up to market prices...they will have to show the current audit. Personally I think the Bush cronies have cooked the books to pay for their middle east aggression and that most of these ponzi-shell-games will be exposed in the next 4 years. Good article. Mark
Wow....that's all I can say (insert sarcasm) you have opened my eyes. Tomorrow I'll gather up my gold dinars, maple leafs and eagles, plus the three kilos in my briefcase and waddle on down to the local pawnshop where if I'm lucky they will still be buying gold for dollars....is that what you are saying is smart for me to do? Should we also sell out of all our digital gold bullion holdings? Lucky me I read your post before I made that mistake of holding all that gold. Ok so from tomorrow forward I'll just hold on to my little green pieces of paper and wish for the best. Sh*t son, wake up, paper is poverty. Mark editor of Digital Gold Currency Magazine
A New Place for Investors to Find Silver [View article]
Tarek was kind enough to grace the cover of our most recent magazine issue. He's very sharp guy and his business model is right on the money. Shipping included.
AVAILABLE NOW a new collection of 100 oz. Pyromet .999 Silver Bars ready to ship immediately! These will not last long. Assay certificates come with these bars, and Shipping and Insurance is included in every sale. AVAILABLE NOW and Immediate delivery! 00 oz Johnson Mattheys 100 oz Engelhards 1 oz Gold Krugerrands 1 oz Sunshine Rounds 1 oz A-Mark Rounds
Gold: Protect Yourself from Future Inflation [View article]
Excellent example. I enjoyed your logic very much but don't forget when you buy gold, as you suggest, to own actual gold bullion, not some paper representation of gold like an ETF.
Bailouts Will Soon Drive the Currency Markets [View article]
Digital gold, or allocated bullion, is a safe way and very convenient. Companies like GoldMoney.com or Bullionvault.com work great along with some coins and locally bought gold.
Sort by:
Latest | Highest ratedGold, Cigarettes, Kilowatt Hours, and the U.S. Dollar [View instapost]
Kilowatt Cards--> www.kilowattcards.com/...
Carbon Coins--> www.sccbank.com/
Digital Gold Currency--> www.goldmoney.com
Community Currency--> www.berkshares.org
On a global scale your article is 100% accurate at this time. On a local scale, many people are already moving to dollar alternatives. How long will it take the local ideas to grow into national ideas?
Mark Herpel
editor community currency magazine
editor@dgcmagazine.com
Reserve Currency Talk: Inequity Written All over It [View article]
Mark
On Apr 22 09:55 AM Mad Hedge Fund Trader wrote:
> Will this never end? Will people pleeease stop incessantly talking
> about the possibility of China dropping the dollar as a reserve currency?
> What else are they going to use? Monopoly money? Taiwanese dollars?
> Collectable postage stamps? At nearly $2 trillion, the Middle Kingdom’s
> reserves are so enormous that no other currency in the world could
> accommodate the switch, and no other security offers the necessary
> depth and liquidity but Treasury bills. Chinese attempts to buy anything
> in size causes its price to immediately skyrocket, such as we saw
> in the relatively Lilliputian commodity markets last year. And really,
> how like is it that China embarks on policies that quickly halve
> the earnings of the country’s exporters, as well as its 30 year
> hoard of accumulated savings? The demise of the dollar has been predicted
> more often than the ditching of Microsoft’s Windows as the global
> PC operating system, and is just as likely. Hate the greenback as
> much as you like, but there just isn’t any other alternative. I have
> been hearing these arguments ever since the US went off the gold
> standard in 1973. First there was a perennial Arab threat to price
> crude in a basket of currencies. Gee, they never seem to complain
> when the buck is going up. Then there was the speculated emergence
> of the “Yen Block”, in the eighties, back when Japan was dominating
> international trade and the yen was bumping up against ¥80 to the
> dollar. Remember the book “Japan as Number One? Ha! Double Ha! Then
> we got all that European whining after the launch of the euro when
> the weak dollar was everyone’s one way trade. Let’s face it, Europeans
> hate using someone else’s currency as the primary reserve instrument.
> Before the dollar, sterling was in widespread use and was equally
> despised. So rather than waste time discussing this issue anymore,
> let’s talk about something more important, like which of those two
> flies over there will jump off the wall first.
The WSJ Is Right - U.S. Should Return to a Gold Standard [View article]
www.indianahonestmoney...
it's also pending in Colorado, getting ready to be filed in Ohio and there are 3-4 other states with similar legislation including Washington State.
This is a movement by people not governments, the federal reserve..opps I mean the federal government would never make this change again. From the bottom up.
Mark
DGCmagazine.com
The U.S. Treasury's Golden Shell Game [View article]
Good article.
Mark
Enlightening the Gold Bugs [View article]
Mark
editor of Digital Gold Currency Magazine
A New Place for Investors to Find Silver [View article]
Mark
editor@dgcmagazine.com
Finding the Lowest Premium for Physical Silver [View article]
AVAILABLE NOW a new collection of 100 oz. Pyromet .999 Silver Bars ready to ship immediately! These will not last long. Assay certificates come with these bars, and Shipping and Insurance is included in every sale.
AVAILABLE NOW and Immediate delivery!
00 oz Johnson Mattheys
100 oz Engelhards
1 oz Gold Krugerrands
1 oz Sunshine Rounds
1 oz A-Mark Rounds
Mark
editor@dgcmagazine.com
Gold: Protect Yourself from Future Inflation [View article]
Mark Herpel
editor@dgcmagazine.com
Bailouts Will Soon Drive the Currency Markets [View article]
Mark
editor@dgcmagazine.com