After buying a record amount of gold in 2022, central banks are not letting up, with 2023 seeing the strongest start to the year in more than a decade, according to the World Gold Council (WGC). Its coming, PS; we are not ready for this that is coming, will we fight quietly and out loud. The problem comes down to people will change after a shft some for the worst. Setser explains that the immobilization of Russias reserves actually froze far more euro than dollar reserves, indicating that shifting reserves to Europe wasnt sufficient to offer real protection from coordinated sanctions. The year 2023 will be one that we never forget. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. And in a SHTF situation no cop or deputy is going to bother trying. After WW2, Germany passed a law allowing the expropriation of wealthy people for the greater good. I would come home be handed my baby sister and my younger sister would come home. A BRICS currency is unlikely to dislodge dollar any time soon - but it Nothing is in the world of money and finance. By 1973, the Bretton Woods system was replacedby freely floating fiat currencies. Its FEMA, We Need Your Stockpile, If You Have Been Storing Meat This Way, Stop Doing It Immediately, Deinfluencing You: 14 Items You Should Stop Stockpiling Right Now, 7 Things That You Should Never Do After An EMP, 15 Survival Foods That Are Better At Amish Stores, How To Start A Prepper Group In Your Community, How To Store Water In Your Car For An Emergency, How To Remove Radioactive Particles From Water In Case Of A Nuclear Fallout, How To Cook Steak On A Stone In The Wilderness. That can only mean one thing. So, in Afghanistans case even if relations normalize with the ruling Taliban elite or even if they are overthrown by a friendly democratic regime some of the money will never come back as it is already being given away. He lost me with his anti gun bullshit. Around the end of WW2 (World War 2), the Bretton Woods system was set up by a group of 44 nations in a conference held at Bretton Woods, New Hampshire (USA). The best way to protect against this is through sufficient diversification. I understand the You cant eat gold concept and the Brass and lead are the only precious metals I need concept. Rich Dad Poor Dad author Robert Kiyosaki recently predicted that the U.S. dollar would crash by January 2023 as investors become shaken by the volatility of the pound and euro. If we consider the markets as a warning system, they are still flashing green," he wrote. However, in an economic collapse you are going to need an even more intimate understanding of the natural world. Quantity has a quality all its own. "The idea that the dollar is going to imminently collapse is very overhyped. You sound pretty ignorant to me. Kitco News As the world moves away from the U.S. dollar as a world reserve asset, dollars will be dumped globally, causing a "tsunami of inflation" in the United States as the currency returns to American shores. Little did I realize there are people walking around that are incapable of following directions SMH. As per reports around half of Russias $600B worth of forex reserves which were outside Russia have now been frozen. And ANZ Bank (Australia and New Zealand Banking Group) sees the sharp monetary tightening enacted by the Fed creating a peak for the greenback during the first half of next year. Yet anyone who shoots A Coon knows even a head shot isnt going kill it in one shot. De-dollarization: What Happens if the Dollar Loses Reserve Status It aint gonna happen. If we have any land at all, even just a back yard, we all need to be growing more than just a couple of tomato plants. If it all goes to Hell in a hand basket by January of 2024, we redneck Republican (sic) morons will still be fine, clinging to our loaded guns and our well worn Bibles or whatever other books we enjoy (the Foxfire volumes are pretty informative) and rocking in front of the wood stove, staying warm and dry, while you, David the Liberal troll with terminal TDS, will be wandering out in the cold and dark, looking for shelter and food and finding that your friends of the same ilk are equally ill-prepared for what came down the highway while you were fiddling like the grasshopper in Aesops fable. Lately, I have been wondering if it will always be about diversification. Various banks & financial institutions have ceased operations inside Russia and also refuse to do any transactions with entities inside Russia. Half of the U.S. currency now in circulation was printed in the last 2 years. You may opt-out by. Will the U.S. Dollar Collapse Now That BRICS Are Developing Their Own Pikamoon Coin Price Prediction: Pikamoon has raised $3.5 M. Fetch.ai Price Prediction 2023-2030: Can Fetch.ai reach $10, $100? Is the U.S. Dollar Really in Danger? - The New York Times Quite a few other New Age concepts have been thoughtfully added by churches worldwide. You can use that information and hopefully some skills to create your own SHTF career. How it started: timing + muscle + lots of gold. But a couple of ounces of gold or silver could mean that youll be able to remain in your home (or keep driving your car) when everyone in your neighborhood is being forced to move out. Q.ais Global Trends Kit invests in a wide range of different asset classes, all across the world. Smart thermostats of course. It was a carefully engineered plan that unfolded in the mountains of New Hampshire nearly 80 . Oh yes, another reason to have precious metals is that the Central Banks of the world are buying and stockpiling it as fast as they can. "There really is no alternative.". Russia recently has indicated its willingness to even accept Bitcoin for its oil and gas. This is no bull shit. In a true economic collapse, I think that a variety of wealth is going to prepare you the most. Dollar slides as Fed rate hike outlook tumbles after SVB collapse But it affects people's perception and sentiment in the gold market. Really, are you all so goddam stupid that you believe and react to this sort of bullshit scaremongering article. Read here, Vietnam War and the Gold Peg: The central role of the dollar in world trade eventually forced the US to run a persistent trade deficit. Ah yes the myth of tumbling 22lr and killing everything. Could The U.S. Dollar Collapse? - Forbes This service requries you to go to some place to say build/repair/medical aid something. Is the US dollar going to collapse in 2022? - Quora Thats the dumbest statement ever, make sure you wear your I HATE TRUMP shirt when you are asking for help in a redneck area. The US has seen. While they would like to have global trade denominated in yuan in principle (as a matter of national pride) one doubts if they want their exports (which are a big part of their economy) to become more expensive. This is nothing but clickbait to sell more ads, grow a brain peopleoh sorry, I forgot youre all redneck republican morons. Happy New Year all yall! Australian dollar: -0.1% at 67.71 US cents; . That means youre going to have to continue to make mortgage payments and pay property taxes. Frye, do you have insurance on your home or vehicle? A return to a system like BANCOR (neutral reserve currency) proposed by Keynes in 1944 would require active cooperation between many nations across the world. [i.e forced to the new payment system kicking and screaming vs gradually adopting it voluntarily]. So, what does something like that look like. Most of the farms are gone, and the stands. The DXY is still significantly higher than its low in 2008 but are things changing? Do This Before Its Too Late, 70+ Ingenious Projects To Help You Survive The Upcoming Economic Crisis, How To Make Money Off Grid: Making A Living From Your Homestead, How To Get 295 Pounds Of Extra Food For Just $5 A Week, 9 Hiding Spots In Your House Where Looters Always Look First, How To Build Self-Watering Raised Garden Beds, How To Eat For A Week With No More Than $20, The Desperate Measures The Government Is Secretly Resorting To, 8 Long Lasting Pioneer Recipes You Need To Learn By Heart, How Some People Got Rich During The Great Depression. Radiant Capital Price Prediction 2023-2030: Can RDNT Reach $100? Answer (1 of 18): When the US military is drastically weakened. When a currency collapses, investors can see their assets plummet in value, purely on the exchange rate alone. Some are narrow chem-trails and some are wide and spread out wide.some are white and now some are a yellowish orange in color!! The U.S. would buy oil from Saudi Arabia and provide the kingdom with military aid/hardware, In return, the Saudis would use their oil wealth (which had gone up a lot especially given the price rise) to buy US Treasuries (i.e.US Debt). It has the energy to penetrate the skull, but doesnt have enough energy to exit which causes it to ricochet and tumble, literally shredding the brain. Cooking! Will the US dollar crash in 2021-2022? - Quora niio. All of this is to say, for the U.S. dollar to collapse would take something pretty major. The US dollar is the world's dominant currency, and it is backed by the full faith and credit of the US government. However, the cost of all this printing of US dollars comes with bad consequences for other nations who now are mired even deeper in financial repression. Silver will be the best investment in Fall 2022, and that the US Dollar will collapse. Then what can you do if they renege? Yeah I believe a lot of what you posted is true Ive been prepping for years expecting the worse ,but hoping things dont get that bad, Resourcing off the natural worldheres a lesson from the Great Depression: the land was so over hunted by people from all former walks of live that deer, rabbits and even squirrels were almost hunted to extinction. I grew up with a single mom who was a professional singer. Investments are inherently tied to the currency theyre held in. This law specifically mentioned the victims of war. A window into a new way of doing global economic business. A nation does not have to remain in fear that antagonizing Nation A where it parks its forex reserves or angering Nation B which has the global reserve currency can inflict economic pain if it does not do the bidding of the other nation. Second is China with $17.7 trillion, and way back in third is Japan with $4.9 trillion. Right now, one junk silver dime from 1950 has a value of about $3. Mar 29, 2023, 2:47 AM It's likely there'll be pain ahead for both the US dollar and the economy as the Federal Reserve winds down its interest-rate hikes, HSBC said Wednesday. Render Token Price Prediction 2023-2030. The Triffin dilemma isthe conflict of economic interests that arises between short-term domestic and long-term international objectives for countries whose currencies serve as global reserve currencies. Will the Dollar Lose its Reserve Status? The 2020s decade has been one of massive upheaval with all sorts of problems: pandemic, supply chain issues, massive central bank printing, inflation, geopolitical tensions, great power rivalry, war, commodity price shocks, etc. The US dollar's global supremacy is reportedly eroding at an exponential rate, with countries backing away after witnessing how America used USD to impose sanctions against Russia. Russia even before 2022 had been gradually increasing its trade with China in yuan/rubles (i.e., moving away from the dollar). The US is facing a dollar collapse by the end of 2021 and an over 50% I told my son ( who can cook ) , If you can read, you can cook because the directions on on the box/bag/can. Dollar Decline vs. Dollar Collapse (2023) - Investguiding But, its not impossible. This eliminates the need to convert the dollars into rubles they get for oil/gas payments which are now harder given the sanctions. We were very well protected, and when the packs of monkeys started raiding housing, even breaking in through windows and doors, the Marines would shoot them. In Colorado, this year, thermostats were locked during the summer. Not all of this might be related to life needs, but a power grab while everyone is distracted.). If hard times are coming than you need at least one person in your home who knows how to cook using less expensive cuts of meat, offal, and how to stretch every meal. And its not just gangs, if you are in an area where gangs arent prevalent you could still be under the watchful eye of a neighbourhood Control Freak Agent (aka curtain twitcher), or where wealthy entitlement spills over into unexpected, unprecedented and brutal repercussions for anyone not like us. With Russia being frozen from the Western banking system it will be hard to get dollars to transact with the rest of the world. Fears that the US dollar will collapse are nonsense, and doomsayers are If you wanted one to put up a little fight to fire up a young hound you had to shoot them in the rearend. Where I live 5-6 days a week we are sprayed!! China being an export-led economy would not want to fall into the same trap as the United States. Download Q.ai today for access to AI-powered investment strategies. That being said, yes the USA dollar will collapse one day. I am part of a local farmers market and one thing we have seen is that there is nowhere near enough local vegetables being sold to feed most of the people here in this area and I live in a rural area! The US government due to these foreign purchases of US debt was able to keep borrowing costs lower and was unencumbered to generate even larger sums of debt which it used to finance wars, social welfare programs, etc. In 2023 you should begin building off grid infrastructure to support you and your family when the lights go out or when the government decides you have used too much power. Furthermore, there has been a notable global trend toward the reduction of the use of the US dollar for transaction settlements. In fact, the reason why the U.S. was able to move off the gold standard was because it had so much economic value. They offered a few key explanations: The U.S. Dollar Is. Now, theyre backed by the weight of the United States, reflecting everything within the economy. The U.S. dollar has been able to gain and maintain this special status because of the strength of the economy. Given the current commodity price spikes, many nations (unless they diversify quickly to other sources which take some time and cost) might be forced to pay Russia by these new mechanisms due to the lack of choices. Strange to say, however, Britain's economy still runs on pounds. It became clear that our government needs us to move away from the old idea of the US dollar and into Fed Coin. This is the future and one of the only ways you can avoid that future is if you start to develop an on grid/off grid balance. Dam collapse toll: More than 100 people . Leadership YOU WILL NOT SURVIVE AN EMP STRIKE WITHOUT THIS, IF YOU SEE THIS PLANT IN YOUR BACKYARD BURN IT IMMEDIATELY, HOW TO GET 295 POUNDS OF EXTRA FOOD FOR JUST $5 A WEEK, THE AWESOME DIY DEVICE THAT TURNS AIR INTO FRESH WATER, 5 INGENIOUS WAYS TO REFRIGERATE YOUR FOOD WITHOUT ELECTRICITY, HOW TO MAKE YOUR HOUSE INVISIBLE TO LOOTERS, This website uses cookies. The so called Elites Have all but killed the animals and now they are going to keep the skies cloudy so no one will be able to grow anything!! But, nobody does anything, after all what can you do? The know your neighbour stuff not just to find allies, but to find your enemies too. Today most of the worlds trade is conducted in USD (U.S Dollars). Moreover, countries often buy euros and yen to maintain their currency shares constant with the US dollar. Traditionally in the Petrodollar system, many Central Banks also parked their Forex reserves and gold with the US and other Western nations for safekeeping. Is the dollarpocolypse underway or is this just another example of global hysteria? So why have it? A case of eggs to put in lime water. US Dollar Collapse Predictions: The Dollar is on its way out mohaljoshi07 May 23, 2023 US Dollar Collapse Predictions: Here are many reasons why the Dollar is on its way out The US Dollar has lost nearly 15% value in the last 7 months. Will the U.S. Dollar Collapse Now That BRICS Are Developing Their Own Currency? Truly I do. Start building your neighborhood back by having events, gatherings, and even starting a small community garden. Cosmos Price Prediction 2023-2030: Can Cosmos Reach $10000? You do not need a bus load of spec ops soldiers on your block How To Get 295 Pounds Of Extra Food For Just $5 A Week (Video), Weird Survival Items That Might Save Your Life, The Most Effective Amish Home Remedies You Havent Heard About, Okay, Hope yall are ready. Notice the following assessment from last Fall: "Unless the US stops printing money, the dollar will collapse." October 27, 2020 So while technically the U.S. dollar could collapse, the chances of that happening any time soon are incredibly slim. If theres any kind of economy at all, even a black market economy, then gold and silver will be the preferred medium of exchange. The U.S. is still the biggest economy in the world by far, with an annual GDP of $23 trillion. Will the Dollar Collapse in 2023? - SourcifyLending https://medium.com/road-less-ventured/why-bitcoin-could-become-the-world-reserve-asset-4100f54b1093, Brad Setser, an economist and expert on international finance, Impact of Interest rate Increase on the US Stock Market. That means that its considered as the safest currency there is, with many other countries keeping U.S. dollars in reserve. While now is the time to get to know your neighbours if you dont already, now is also the time to learn to listen to your gut instinct and take time to get to the bottom of who those neighbours are. You will get it, but your blue state allies will slam the door in your face! This was referred as to the Petrodollar system where oil was exclusively priced in US dollars and the oil-producing nations in return plowed their oil revenue money back into the United States. When will the dollar collapse? - Quora Others include trade imbalances, loss of status as a global reserve currency, natural disasters or war. China has benefitted from the dollar system (running up trade surpluses year after year) where they can have their exports cheaper due to dollar strength so they would not mind having the reserve currency as something other than their own currency. Hope you protect yourself and your family with the same force that will be directed at you and your love ones. Legendary investor and billionaire Stanley Druckenmiller in an interview last summer said that he does not expect the dollar to be the reserve asset within 15 years. We have been working through struggling supply chains for the last 2 years. If you think its stupid, do as most stupids do shut the f*** up. The Mexican peso, which has been stronger than the dollar all year, lost 2.32% versus the greenback at 18.94. A group of marauders approaching from a long distance may still be challenging to hit with a silent (on their end) .22. This is down to the U.S. dollar's status as the global reserve currency. Right now, we get most of what we need from a company. 17hmr is a much better small game round. Unlike gold which is physically hard to move given its weight and the cost of security/transportation Bitcoin has no such challenges. Recent actions by Russia and China have led some to. Its better to be prepared and not need it, than need it and discover you are not prepared. First is how secure is that area you have to travel to and how well do you know those people? Rednecks will not be fine. Yet, in 2023, the bank remains heavily dependent on the dollar for its survival. Thats what I was explaining, in a roundabout manner. Posted Tue 20 Jun 2023 at 9:31pm Tuesday 20 Jun 2023 at 9:31pm Tue 20 Jun 2023 .