The Financial Collapse is Coming. Buy Gold Now - GoFuckYourself.com

Bladewire · 08-20-2018, 07:07 AM

#ThanksTrump

The Financial Collapse is Coming. Buy Gold Now

“The collapse is coming.”

“Bloodbath.”

“The US economy WILL crash”

“…The dollar, considered the international currency, has become a risky tool for payments.”

These are just a few snippets international financial experts are using to reinforce the message that the US economy and dollar will, soon enough, lose its worth. The national debt, trade wars, unemployment, and foreign investors selling on the American dollar are just a few current factors that could have devastating effects on your greenbacks and leave you looking for different ways to invest.

With the dollar on the decline and precious metals at staggeringly low prices, these factors may have opened a small window where gold and other precious metals can be bought at a discount.

US DEBT EFFECT
As the National debt continues to climb, its effect on the dollar can be drastic. Historical evidence would suggest that high levels of government debt could potentially trigger a sudden collapse in the value of fiat money. With the national debt constantly growing, the fear of an economic collapse is very real and many seem to agree- something is on the verge of happening.

“The huge US debt will destroy the American economy and lead to a global economic collapse, which is just around the corner,” Kim Dotcom, the founder of the now-defunct Hong Kong-based online company Megaupload tweeted on Sunday. He goes on further to say, “Your USD will become worthless. With US economic collapse all old money currencies will crash.” He has previously called the US debt situation “unmanageable” and cannot dig itself out of its own hole with economic growth, new debt or printing more money. If the US dollar does lose its value quickly, it would create hyperinflation within the economy and thus send it into a free fall.

With more and more fears concerning the collapse of the US economy under the massive weight of the national debt, now nearing $21.5 Trillion and adding nearly a trillion more annually, more and more investors are seeing the value of jumping ship from the American dollar and investing into something more tangible- gold.

NEGATIVE MARKET SENTIMENT
Foreign traders and governments are shedding American stocks and bonds while also dropping the dollar, thus weakening it further. The Russian Finance Minister is reported to have said that Russia has significantly reduced their investment in American currency citing the dollar as a “risky tool for payments.” Many fear that if the Chinese government follows Russia’s lead regarding US market sentiment, the American dollar and stock market could spiral.

And the timing seems like it is as good as gold. With gold being at its lowest level in years, big money speculators are perhaps being too negative on gold. The last time the numbers were this low was December 2015, where gold responded with a “monster rally” according to Jim Cramer of Mad Money. Now, gold is at its lowest rate, currently just under $1,200 an ounce and holding steady. According to a Bloomberg report, gold has reached a stable floor with realistic hopes that all signs point to gold rising in the wake of a weakened American dollar and economy. That report recalls gold’s performance in the past, which confirms this speculation. In July 2015, gold bottomed and within two weeks rallied 11 percent. The second such time was in November 2015, and gold bottomed within three weeks before ultimately rallying 32 percent. At these market levels, gold may be bought at a discounted price and could realistically be expected to gain at a steady rate.

TRADE WAR IMPACT ON STOCK MARKET
In a trade war, specifically the conflict the US government is currently experiencing; there are no real winners- it limits economic growth, it raises prices for consumers while also raising costs for businesses. On a global level, this trade war could also have detrimental effects on the stock market and the American dollar.

The stock market is already feeling the effects of the trade war. The Dow slipped in 9 out of 10 sessions in late June while China and the United States traded blows in the form of export tariffs. Jeff Kleintop, Chief Global Investment Strategist for Charles Schwaba cites trade as a “much scarier prospect” than investors might give it credit for at present. “Imports and exports often cancel out as it relates to the economy,” Kleintop said. “But with 50% of the profits of most of the companies in the big indexes being driven by international trade – and that wasn’t true 30 years ago but is today – it does have a really big impact on the stock market…”

George W. Bush imposed similar steel tariffs as Trump (Bush exempted Mexico and Canada from the tariffs) in a recent example of trade war tariffs in March 2002 scheduled to be in effect until 2005. The WTO would later rule against the tariffs two years after they were put into place. These charts illustrate what happened to the dollar index of this specific period.

OneHungLo · 08-20-2018, 07:11 AM

Quote:

Originally Posted by Bladewire

#ThanksTrump

The Financial Collapse is Coming. Buy Gold Now

“The collapse is coming.”

“Bloodbath.”

“The US economy WILL crash”

“…The dollar, considered the international currency, has become a risky tool for payments.”

These are just a few snippets international financial experts are using to reinforce the message that the US economy and dollar will, soon enough, lose its worth. The national debt, trade wars, unemployment, and foreign investors selling on the American dollar are just a few current factors that could have devastating effects on your greenbacks and leave you looking for different ways to invest.

With the dollar on the decline and precious metals at staggeringly low prices, these factors may have opened a small window where gold and other precious metals can be bought at a discount.

US DEBT EFFECT
As the National debt continues to climb, its effect on the dollar can be drastic. Historical evidence would suggest that high levels of government debt could potentially trigger a sudden collapse in the value of fiat money. With the national debt constantly growing, the fear of an economic collapse is very real and many seem to agree- something is on the verge of happening.

“The huge US debt will destroy the American economy and lead to a global economic collapse, which is just around the corner,” Kim Dotcom, the founder of the now-defunct Hong Kong-based online company Megaupload tweeted on Sunday. He goes on further to say, “Your USD will become worthless. With US economic collapse all old money currencies will crash.” He has previously called the US debt situation “unmanageable” and cannot dig itself out of its own hole with economic growth, new debt or printing more money. If the US dollar does lose its value quickly, it would create hyperinflation within the economy and thus send it into a free fall.

With more and more fears concerning the collapse of the US economy under the massive weight of the national debt, now nearing $21.5 Trillion and adding nearly a trillion more annually, more and more investors are seeing the value of jumping ship from the American dollar and investing into something more tangible- gold.

NEGATIVE MARKET SENTIMENT
Foreign traders and governments are shedding American stocks and bonds while also dropping the dollar, thus weakening it further. The Russian Finance Minister is reported to have said that Russia has significantly reduced their investment in American currency citing the dollar as a “risky tool for payments.” Many fear that if the Chinese government follows Russia’s lead regarding US market sentiment, the American dollar and stock market could spiral.

And the timing seems like it is as good as gold. With gold being at its lowest level in years, big money speculators are perhaps being too negative on gold. The last time the numbers were this low was December 2015, where gold responded with a “monster rally” according to Jim Cramer of Mad Money. Now, gold is at its lowest rate, currently just under $1,200 an ounce and holding steady. According to a Bloomberg report, gold has reached a stable floor with realistic hopes that all signs point to gold rising in the wake of a weakened American dollar and economy. That report recalls gold’s performance in the past, which confirms this speculation. In July 2015, gold bottomed and within two weeks rallied 11 percent. The second such time was in November 2015, and gold bottomed within three weeks before ultimately rallying 32 percent. At these market levels, gold may be bought at a discounted price and could realistically be expected to gain at a steady rate.

TRADE WAR IMPACT ON STOCK MARKET
In a trade war, specifically the conflict the US government is currently experiencing; there are no real winners- it limits economic growth, it raises prices for consumers while also raising costs for businesses. On a global level, this trade war could also have detrimental effects on the stock market and the American dollar.

The stock market is already feeling the effects of the trade war. The Dow slipped in 9 out of 10 sessions in late June while China and the United States traded blows in the form of export tariffs. Jeff Kleintop, Chief Global Investment Strategist for Charles Schwaba cites trade as a “much scarier prospect” than investors might give it credit for at present. “Imports and exports often cancel out as it relates to the economy,” Kleintop said. “But with 50% of the profits of most of the companies in the big indexes being driven by international trade – and that wasn’t true 30 years ago but is today – it does have a really big impact on the stock market…”

George W. Bush imposed similar steel tariffs as Trump (Bush exempted Mexico and Canada from the tariffs) in a recent example of trade war tariffs in March 2002 scheduled to be in effect until 2005. The WTO would later rule against the tariffs two years after they were put into place. These charts illustrate what happened to the dollar index of this specific period.

This is an advertisement to buy gold lol!!

kudgel · 08-20-2018, 07:20 AM

Do you really think gold will save you IF there's a real financial collapse of unprecedented proportions? Gold, like diamonds, isn't even rare to begin with. Its value comes from trust and artificial inflation due to monopolies, it has no practical utility, just like money. No amount of gold will save you if the masses are rioting, starving and desparate because they lost their houses, their jobs and their reasons to live.

The answer is you should invest in people through better infrastructures, access to healthcare and education so you never, ever elect another scumbag as POTUS. Unbridled capitalism leads to totalitarian regimes where everyone loses but the elite.

Bladewire · 08-20-2018, 07:21 AM

Trump has begun the destruction of our economy out of pure selfish greed

OneHungLo · 08-20-2018, 07:54 AM

Quote:

Originally Posted by Bladewire

Trump has begun the destruction of our economy out of pure selfish greed

No he's not

Good lord, get a grip on yourself.

CurrentlySober · 08-20-2018, 08:00 AM

I bought a ring the other day... Does that count?

tfto · 08-20-2018, 08:15 AM

Quote:

Originally Posted by OneHungLo

This is an advertisement to buy gold lol!!

So now Bladelier is posting advertisements as actual (according to Bladelier) news?

Bladewire · 08-20-2018, 08:53 AM

Quote:

Originally Posted by CurrentlySober

I bought a ring the other day... Does that count?

It does count and it looks great!

Rochard · 08-20-2018, 09:06 AM

Let's hope not.

CurrentlySober · 08-20-2018, 09:09 AM

Quote:

Originally Posted by Bladewire

It does count and it looks great!

onwebcam · 08-20-2018, 09:14 AM

Translation: Bladewire hedged a great economy with gold. Always great to buy on the way down.

MFCT · 08-20-2018, 09:33 AM

Blade, you're starting to sound like some right-wing nutter Alex Jones-type conspiracy theorist. Get a grip on yourself (no, not in that way).

Quote:

Market Summary > Dow Jones Industrial Average
INDEXDJX: .DJI
25,774.98 +105.66 (0.41%)

Markets always have corrections sooner or later. That's normal.

OneHungLo · 08-20-2018, 09:42 AM

Quote:

Originally Posted by tfto

So now Bladelier is posting advertisements as actual (according to Bladelier) news?

Yes...lol!! He's literally posting landing pages for gold bullion

astronaut x · 08-20-2018, 11:09 AM

Quote:

Originally Posted by CurrentlySober

Yes, I did notice it's the color of poo

CurrentlySober · 08-20-2018, 11:11 AM

Quote:

Originally Posted by astronaut x

Yes, I did notice it's the color of poo

Poo with blood in...

The BEST kind

Bladewire · 08-20-2018, 11:56 AM

Quote:

Originally Posted by MFCT

Blade, you're starting to sound like some right-wing nutter Alex Jones-type conspiracy theorist. Get a grip on yourself (no, not in that way).

Markets always have corrections sooner or later. That's normal.

Look Chang · 08-20-2018, 07:49 PM

I carefully keep my savings in my mouth ...

Matt 26z · 08-20-2018, 11:16 PM

They have constantly been predicting the next big crash since 2009. Going on ten fucking years of a sure thing that's right around the corner.

Brad Mitchell · 08-21-2018, 10:09 AM

With a quote from Kim Dot Com, it must be true...

Brad

Bladewire · 08-21-2018, 10:47 AM

Quote:

Originally Posted by Brad Mitchell

With a quote from Kim Dot Com, it must be true...

Brad

"According to the CFTC's CoT data, managed money short positions have outweighed long positions for four weeks now, amounting to a near-record short position. Traditionally, it's the opposite; gold sits in a net long position, meaning managed money longs outnumber shorts. We've only seen this kind of pattern twice, and both times, gold has rallied."

"..this bloodbath is leading to a buying opportunity. The biggest reason for that lies in "commitment of traders" data, which details open interest on futures and options on futures markets each week."

Gold is having an ugly year, but ‘this bloodbath is leading to a buying opportunity’ | CNBC

It's hard out there for a gold bug.

Gold is having a terrible year, losing nearly 8 percent in the last three months and 11 percent from its 2018 high as the U.S. dollar has gained ground against foreign currencies, weighing on the dollar-denominated asset.

But this bloodbath is leading to a buying opportunity. The biggest reason for that lies in "commitment of traders" data, which details open interest on futures and options on futures markets each week.

So bad, it's good
As expected, the herd has chased gold's move lower. Poor market sentiment right now leads me to wonder, if everyone has gotten out of gold, who's left to sell?

According to the CFTC's CoT data, managed money short positions have outweighed long positions for four weeks now, amounting to a near-record short position. Traditionally, it's the opposite; gold sits in a net long position, meaning managed money longs outnumber shorts. We've only seen this kind of pattern twice, and both times, gold has rallied.

The first time was in July 2015. Gold bottomed within two weeks, and rallied 11 percent. The second such time was in November 2015, and gold bottomed within three weeks before ultimately rallying 32 percent.

This signals that gold is creating a bottom near the psychological $1,200 mark. Gold was trading at $1,221.50 per ounce on Monday.

Brad Mitchell · 08-21-2018, 10:54 AM

Time to start melting processors!

Brad

08-20-2018, 07:07 AM	#1
Bladewire StraightBro Industry Role: Join Date: Aug 2003 Location: Monarch Beach, CA USA Posts: 56,232	The Financial Collapse is Coming. Buy Gold Now #ThanksTrump The Financial Collapse is Coming. Buy Gold Now “The collapse is coming.” “Bloodbath.” “The US economy WILL crash” “…The dollar, considered the international currency, has become a risky tool for payments.” These are just a few snippets international financial experts are using to reinforce the message that the US economy and dollar will, soon enough, lose its worth. The national debt, trade wars, unemployment, and foreign investors selling on the American dollar are just a few current factors that could have devastating effects on your greenbacks and leave you looking for different ways to invest. With the dollar on the decline and precious metals at staggeringly low prices, these factors may have opened a small window where gold and other precious metals can be bought at a discount. US DEBT EFFECT As the National debt continues to climb, its effect on the dollar can be drastic. Historical evidence would suggest that high levels of government debt could potentially trigger a sudden collapse in the value of fiat money. With the national debt constantly growing, the fear of an economic collapse is very real and many seem to agree- something is on the verge of happening. “The huge US debt will destroy the American economy and lead to a global economic collapse, which is just around the corner,” Kim Dotcom, the founder of the now-defunct Hong Kong-based online company Megaupload tweeted on Sunday. He goes on further to say, “Your USD will become worthless. With US economic collapse all old money currencies will crash.” He has previously called the US debt situation “unmanageable” and cannot dig itself out of its own hole with economic growth, new debt or printing more money. If the US dollar does lose its value quickly, it would create hyperinflation within the economy and thus send it into a free fall. With more and more fears concerning the collapse of the US economy under the massive weight of the national debt, now nearing $21.5 Trillion and adding nearly a trillion more annually, more and more investors are seeing the value of jumping ship from the American dollar and investing into something more tangible- gold. NEGATIVE MARKET SENTIMENT Foreign traders and governments are shedding American stocks and bonds while also dropping the dollar, thus weakening it further. The Russian Finance Minister is reported to have said that Russia has significantly reduced their investment in American currency citing the dollar as a “risky tool for payments.” Many fear that if the Chinese government follows Russia’s lead regarding US market sentiment, the American dollar and stock market could spiral. And the timing seems like it is as good as gold. With gold being at its lowest level in years, big money speculators are perhaps being too negative on gold. The last time the numbers were this low was December 2015, where gold responded with a “monster rally” according to Jim Cramer of Mad Money. Now, gold is at its lowest rate, currently just under $1,200 an ounce and holding steady. According to a Bloomberg report, gold has reached a stable floor with realistic hopes that all signs point to gold rising in the wake of a weakened American dollar and economy. That report recalls gold’s performance in the past, which confirms this speculation. In July 2015, gold bottomed and within two weeks rallied 11 percent. The second such time was in November 2015, and gold bottomed within three weeks before ultimately rallying 32 percent. At these market levels, gold may be bought at a discounted price and could realistically be expected to gain at a steady rate. TRADE WAR IMPACT ON STOCK MARKET In a trade war, specifically the conflict the US government is currently experiencing; there are no real winners- it limits economic growth, it raises prices for consumers while also raising costs for businesses. On a global level, this trade war could also have detrimental effects on the stock market and the American dollar. The stock market is already feeling the effects of the trade war. The Dow slipped in 9 out of 10 sessions in late June while China and the United States traded blows in the form of export tariffs. Jeff Kleintop, Chief Global Investment Strategist for Charles Schwaba cites trade as a “much scarier prospect” than investors might give it credit for at present. “Imports and exports often cancel out as it relates to the economy,” Kleintop said. “But with 50% of the profits of most of the companies in the big indexes being driven by international trade – and that wasn’t true 30 years ago but is today – it does have a really big impact on the stock market…” George W. Bush imposed similar steel tariffs as Trump (Bush exempted Mexico and Canada from the tariffs) in a recent example of trade war tariffs in March 2002 scheduled to be in effect until 2005. The WTO would later rule against the tariffs two years after they were put into place. These charts illustrate what happened to the dollar index of this specific period.

08-20-2018, 08:00 AM	#6
CurrentlySober Too lazy to wipe my ass Industry Role: Join Date: Aug 2002 Location: A Public Bathroom Posts: 37,869	I bought a ring the other day... Does that count? __________________ My AI Handywork... 2 Kings 18:27 👁️ 👍️ 💩

08-20-2018, 09:06 AM	#9
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 70,248	Let's hope not. __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

08-20-2018, 09:14 AM	#11
onwebcam Fake Nick 1.0 Industry Role: Join Date: Oct 2005 Location: Rent free, your head Posts: 26,766	Translation: Bladewire hedged a great economy with gold. Always great to buy on the way down. __________________ PLEASE WAIT WHILE BIDEN ADMIN UNINSTALLS ITSELF..... ██████████████████▒ 99.5% complete.

08-20-2018, 07:49 PM	#17
Look Chang Sex Tourist Industry Role: Join Date: Sep 2010 Location: On the beach Posts: 13,235	I carefully keep my savings in my mouth ... __________________ Bests Hot & Juicy Asian Adult Sites : SEDUCTION -> FELLATION -> CONCLUSION

08-20-2018, 07:20 AM	#3
kudgel Registered User Industry Role: Join Date: May 2008 Posts: 66	Do you really think gold will save you IF there's a real financial collapse of unprecedented proportions? Gold, like diamonds, isn't even rare to begin with. Its value comes from trust and artificial inflation due to monopolies, it has no practical utility, just like money. No amount of gold will save you if the masses are rioting, starving and desparate because they lost their houses, their jobs and their reasons to live. The answer is you should invest in people through better infrastructures, access to healthcare and education so you never, ever elect another scumbag as POTUS. Unbridled capitalism leads to totalitarian regimes where everyone loses but the elite.

08-20-2018, 07:21 AM	#4
Bladewire StraightBro Industry Role: Join Date: Aug 2003 Location: Monarch Beach, CA USA Posts: 56,232	Trump has begun the destruction of our economy out of pure selfish greed

08-20-2018, 11:16 PM	#18
Matt 26z So Fucking Banned Industry Role: Join Date: Apr 2002 Location: ¤ª"˜¨๑۩۞۩๑¨˜"ª¤ Posts: 18,481	They have constantly been predicting the next big crash since 2009. Going on ten fucking years of a sure thing that's right around the corner.

08-21-2018, 10:09 AM	#19
Brad Mitchell Confirmed User Industry Role: Join Date: Nov 2001 Location: Southfield, MI Posts: 9,728	With a quote from Kim Dot Com, it must be true... Brad __________________ President at MojoHost \| brad at mojohost dot com \| Skype MojoHostBrad 69 industry awards for hosting and professional excellence since 1999

08-21-2018, 10:54 AM	#21
Brad Mitchell Confirmed User Industry Role: Join Date: Nov 2001 Location: Southfield, MI Posts: 9,728	Time to start melting processors! Brad __________________ President at MojoHost \| brad at mojohost dot com \| Skype MojoHostBrad 69 industry awards for hosting and professional excellence since 1999