Martin Armstrong
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Paul
- Platinum Member
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- Joined: 10 Oct 2011, 16:27
Re: Martin Armstrong
"Taxes are a barbaric relic of the past"
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Paul
- Platinum Member
- Posts: 837
- Joined: 10 Oct 2011, 16:27
Re: Martin Armstrong
"Taxes are a barbaric relic of the past"
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Indiana Jones
- Freegold Member
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- Joined: 05 Oct 2011, 16:00
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Re: Martin Armstrong
True, but Gold hasn't lost its luster as form of “purchasing power protection" in any currency ....
Everything that needs to be said has already been said.
But since no one was listening, everything must be said again.
But since no one was listening, everything must be said again.
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Rasta
- Gold Member
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- Joined: 07 Oct 2011, 15:16
Re: Martin Armstrong
Can the World Really Abandon the Dollar As A Reserve Currency?
There is a separate and distinct difference between the currency being used in trade and the currency being used to store wealth. They do not have to be the same thing and are entirely two different animals.
Until debt ceases to be money that simply pays interest, the dollar will not vanish as a reserve currency. There is no replacement as of yet. Even when China becomes the largest economy, that will not displace the “reserve” status of the dollar until there is a deep market to park cash. That is separate and distinct from trade being conducted in a variety of currencies. We have to revise the world monetary system. When we reach that point, then we can deal with creating an alternative for a “reserve” currency that is entirely distinct from trade currencies. Even the USA had two currencies during the 19th century – the domestic silver dollar and the international heavier trade dollar on par with international standards. Two tier monetary systems have commonly existed for a very long tome.
Eventually there will be an awakening, a balancing of the scales and a bill to be paid, and for that I hold gold - Jim Sinclair
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Rasta
- Gold Member
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- Joined: 07 Oct 2011, 15:16
Re: Martin Armstrong
Fed – No Surprise – The Next Bubble
The next bubble will eventually burst after 2015.75 and it will be centered in government debt this time. Interest rates will increase and bondholders start to realize they should diversify. Once that takes place, banks will have to bid for cash sending real rates higher. That is where the debt bubble will explode.
Eventually there will be an awakening, a balancing of the scales and a bill to be paid, and for that I hold gold - Jim Sinclair
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bailouts4ever
- Bronze Member
- Posts: 127
- Joined: 08 Oct 2011, 15:36
Re: Martin Armstrong
2015.75? 
Didn't get that...
Is that 75% of 2015, making it September 1, 2015?
Or what is 2075? Don't think the system will do it till then...
Or is it 2015+75? Making it 2090? Then I'll relax as it turns out to be a future problem
Didn't get that...
Is that 75% of 2015, making it September 1, 2015?
Or what is 2075? Don't think the system will do it till then...
Or is it 2015+75? Making it 2090? Then I'll relax as it turns out to be a future problem
0.00 € is what your account statement will show on a long enough timeline.
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Rasta
- Gold Member
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- Joined: 07 Oct 2011, 15:16
Re: Martin Armstrong
That is 3/4 into 2015, September 2015 indeed.
Eventually there will be an awakening, a balancing of the scales and a bill to be paid, and for that I hold gold - Jim Sinclair
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bailouts4ever
- Bronze Member
- Posts: 127
- Joined: 08 Oct 2011, 15:36
Re: Martin Armstrong
Really? Ok. Got it now.
Puh, that means on August 31, 2015 we'll all still be fine... Had a BBQ planned for that day! You're all invited to come! We could join together at the grill, have some beers and wait till midnight...
I'll leave it there...
Ok. Got it now. Puh, that means on August 31, 2015 we'll all still be fine...
Had a BBQ planned for that day! You're all invited to come! We could join together at the grill, have some beers and wait till midnight...I'll leave it there...
0.00 € is what your account statement will show on a long enough timeline.
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Paul
- Platinum Member
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- Joined: 10 Oct 2011, 16:27
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Adamus
- Gold Member
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- Joined: 06 Oct 2011, 08:29
Re: Martin Armstrong
Effe kijken of ik de zaaikalender van dat jaar al kan hebben.Paul wrote:2015.75 = 01-10-2015