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Dollar Plunges at Fed Meeting Conclusion

By: Charleston Voice


-- Posted Thursday, 22 March 2007 | Digg This ArticleDigg It!

The world is coming to realize that the Federal Reserve and its Enforcement Administrator, the US Treasury, have no place to hide. Do they "rescue" the dollar now with higher interest rates, or see to it their political co-conspirators are re-elected? Either way it doesn't matter to the banking cartel. They make money for their private banking cartel no matter what the direction. Can the dollar have enough juice left to even be jump-started by their banking allies around the world?  Do you really think Red China closely in on a trillion dollars now in US dollars will back up the truck to buy even more?  How will the Asian currencies respond? Be advised though, that 2008 is an election year, and the manipulators may decide to take the bad medicine now by defending the dollar, leaving 2008 to put their smiley faces back on in time for re-election. Whatever their dodge, it's a full throttle shift for gold and silver.

 

Whatever is planned, America's middle class will pay the bill. It's not America's "work ethic", "entrepreneurial spirit", or "patriotic fervor" that are the reasons foreigners buy our debt bonds. They buy those bonds because the US Government has a highly efficient tax collection and reporting infrastructure, unequaled anywhere in the world. Foreign investors know that every step will be taken to wring out of the American people what is necessary to honor their paper debt obligations. You don't believe for a minute that middle class Argentines or Zimbabweans have benefited by worthless paper money, do you? Whatever should be in our future, the "old" (present) dollar will be exchanged for a revalued number of new notes. Maybe 10 olds for one new "dollar". Who knows?  How many Ameros can you buy with fifty "old" US dollars? Those hanging on with dollar savings are sitting ducks for one massive devaluation. However, you MUST have a dollar safety stash along with your gold and silver coins. A dollar crash could occur overnight (or in 5 minutes, as in the stock drop 2 weeks ago). Stock trading may be halted. You won't know. Just know one thing - it is your wealth that is needed to save the banking cartel, and the cartel will do whatever is needed through the enforcement apparatus of the US Treasury to save themselves.

 

The fedgov's reach will expand enormously. You'll likely find paid snitches, snoops, and tax revenue bounty hunters ready to report anyone with cash or precious metals "hoards". So, keep your business to yourself or close family members as to what you do!! It'll be shelter, food, and a dependable energy source that will be your needs. You might not even have internet access, or if so, then probably only after you register with a fedgov watchdog agency - unless you're one of the exempt privileged of the ruling class.

 

Heads up! Ignore the siren calls appealing to "patriotism", and your fellow man's welfare. Follow your dollar, giving at church. You can help both by helping yourself and seeing that you responsibly preserve what wealth you can. Only then will you be useful in re-building this republic. Think outside the box, practically, and use the common sense God gave you. Now that you've waded hip-deep through this tirade, look below and you'll see what I mean.

 

http://quotes.ino.com/chart/?s=NYBOT_DX&v=s

 


-- Posted Thursday, 22 March 2007 | Digg This Article


This article is brought to you by the Charleston Voice E-mail List. To subscribe FREE to the distribution list, send an e-mail to: bilrum@knology.net with 'SUBSCRIBE' in the subject line.

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