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To: Olog-hai; PGR88
Correct. But also remember our Stock Market is also a house of cards......the one everyone celebrates as breaking 17,000. When the US Dollar is removed as the world's reserve currency, our markets will implode. We have 77 million Baby boomers, with 10,000 retiring each day. They are relying on a combination of their 401Ks, IRAs, and Social Security checks to survive. The markets need the infusion of money that less and less younger workers can hand over. When the US Dollar is no longer the reserve and the Fed pumping Ponzi scheme ends, there will be blood in the streets. It will ALL come crashing down. And, the days of the US Dollar are numbered, and the noose is tightening.
13 posted on 07/03/2014 11:36:11 PM PDT by SkyPilot
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To: SkyPilot
It will ALL come crashing down. And, the days of the US Dollar are numbered, and the noose is tightening.

I remember how it was during 1930 Depression days, and I've been collecting coins ever since.

My reason? I was given a dime for a birthday present in the 30s and, without permission, I toddled over to a Japenese fruit market with my dime and came home with ten pounds of Thonpson Seedless grapes.

Another memory ... FDR wrote an executive order in the 30s that made it illegal to hold gold coins - they were confiscated by the US Govenment.

It was Mark Twain that wrote ... "Hide your wallets, Boys, the legislature's back in session."

14 posted on 07/06/2014 10:56:56 AM PDT by OldNavyVet
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