OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Thanks for filling in the blanks about the history, and possible future fate, of the U.S. dollar in the world of currency trading.

It’s not that I am particularly interested in the history of the U.S. dollar and it’s role over the years. But I am particularly interested in the future purchasing power of our present holdings in phyzz and in PM-related equities. My outlook for the future of these holdings involves expectations that reverse back and forth between a hopeful future and a grim one. My current viewpoint in this wavering cycle is one of strong optimism that global forces, involving especially Russia and China’s attitudes and actions towards precious metals, will determine the global role of the U.S. dollar, and that if we can hold on to our present PM-related holdings then these assets are going to have acceptable purchasing power in the future rather than holding these assets in fiat form.

Thanks for that Moggy. Can’t come soon enough AFAIC. We’re going to see some crazy stuff in the next few years!

Always good to hear from you!  The rest of my Oasis family, appreciate your posts.  Interesting times.

Me? I think the beginning of the US Dollar decline started in 1913. I hear it lost 98% since then. That story read like it was written by the deep state themselves. And did you see the sponsors? Multinational mining companies. They don’t want tariffs and restrictions.

If anything after all these decades after 1913, and a reversal of the past unfolding, it might make sense that the dollar gains value over time. Going back to the gold/silver global currency standard also may unfold.

Note $1200 One Ounce Gold Eagles have $50 stamped on them. That was a choice or decision from 1986. As if the Fed Note didn’t count, figuring it was a temporary currency that would eventually fail. Funny, the Fed Note has US Dollar stamped on it. The Fed Note is illegally doing funny business as US Dollar. So yes, maybe we will see the decline of the Fed Note (fake dollar) That would make sense.

Believe it…the USA horoscope for October indicates that Trump has had a plan that involves the military and tribunals and intends to carry out this plan around the time of the October New Moon in Libra, sign of law and order.  Interestingly, this New Moon conjoins the USA natal 10th house Saturn…the president.

https://youtu.be/BxUb6Co_hWw

I read lots of economic books back in the 1970s and have a pretty good handle on the history. And have posted long ago about the evolution of the financial system since 1913. So I read the story, which seemed to have far more explanation than needed, until I got to the part below, and STOPPED reading.

PART:

“On December 29, 1969, the yield on the long-term government bond hit 8.05 percent. With interest rates, both long term and short term, at such high levels, the demand for gold bullion was finally broken, and the dollar price of gold fell to around $35 an ounce by 1970. For the moment, the dollar-gold exchange standard had been saved.” The Industrial Cycle and the Collapse of the Gold Pool in March 1968, critiqueofcrisistheory.wordpress.com

In February 1970 the closing gold price on the London market averaged US$34.99. On August 15, 1971, U.S. President Nixon ended the convertibility of the dollar into gold. With gold finally demonetized, the Fed and the world’s central banks were now free from having to defend their gold reserves and a fixed dollar price of gold.”

Comment:

The stories I read said Gold was trading privately in the black market at $140/oz, with the Official price at $35/oz. The artificially low $35 Official price encouraged foreign central banks (a no brainer) to send back US consumer spent dollars on imports or vacations to Europe.

(France the worst) and exchange $35 Dollars for Gold worth $140. We lost half our Gold reserves, (trade deficit, spending on imports) before Nixon stopped it because of public protests in front of the Whitehouse.  Our or their Gov’t was selling our Silver at .92 cents and Gold at $35.

Back in those days the motto was “Europe First”. The dirt bags have been net baggage for the USA.

After the foreigners were “cut off” the chump US Gold gravy train, they proceeded to after 1971 to absorb our Industries. You name it. Consumer electronics, textiles, cars, tools etc. The “drainage” or embezzlement culminated in the summer of 2008. How could the author leave all that out??? Unless it was explained further down.

EMERGENCY REPORT: Signed Executive Orders reveal Trump is planning mass arrests, military tribunals for deep state traitors like Comey, Clinton and Obama

As the documents cited here clearly show, President Trump is planning to carry out mass arrests of deep state traitors, including Andrew McCabe, Peter Strzok, James Comey and even Barack Obama. This is fully covered, with accompanying documentation from the U.S. Federal Register, in the links and video below. (This author is fully supportive of this effort to save America and arrest the traitors.)

The confirmation of Kavanaugh to the U.S. Supreme Court is the key to getting this done in a timely manner, which explains why the deranged Left is going to such outrageous extremes to fabricate false allegations against Kavanaugh and stage coordinated, well-funded protests to try to block the U.S. Senate from confirming him.

more https://www.naturalnews.com/2018-09-23-emergency-report-signed-executive-orders-reveal-trump-is-planning-mass-arrests-military-tribunals-for-deep-state-traitors-like-comey-clinton-and-obama.html#

The taxidermist used an extra large wolf form, the largest made, and said he still had to take lots of “tucks” to shrink him to fit the form. Compare him with a large German Shepard and add about 50% and you realize his size.

I have suffered lots of mixed pain and pleasure over the years for shooting him. Pain because I have always preferred living WITH nature and the wildlife, not killing it, and pleasure because after removing that leader the rest of the pack took my ranch off their circuit and I had no more predation from them. Before his demise they came through the ranch about every two weeks, running their circuit of about 50 miles, and I would suffer losses or be doctoring wounded cattle. My conclusion was their modus operandi in running their circuit was not necessarily to kill when they encountered their quarry, but to slash and wound and disable as much as possible; then continue on their circuit, knowing the next time through they would find those animals sick and easy prey to kill.

Anyway, he, and they, were just doing their “job” as nature intended, and I was just protecting what I considered to be mine.

https://youtu.be/o0gfQldncmI

That is one AWESOME wolf!  🙂