• This is a political forum that is non-biased/non-partisan and treats every persons position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Ron Paul Warns Of Dollar Collapse

Tovarish

Banned
Joined
Jul 6, 2013
Messages
417
Reaction score
54
Gender
Undisclosed
Political Leaning
Undisclosed

Former congressman says that precious metals will literally become priceless. “As long as we have excessive spending, and excessive computerized money, we are going to see gold go up,” Paul urged, noting that as the value of the dollar is destroyed, everything measured against dollars will increase in value. “If you look at the record of the value of the dollar since the Fed's been in existence, we have about a 2-cent dollar. And gold used to be $20 an ounce. So I'd say the record is rather clear on the side of commodity money.” Paul said. “Six thousand years of history shows that gold always retains value,” Paul added, “and paper always self-destructs.”» Ron Paul: Dollar Will Collapse, Gold Will “Go To Infinity” Alex Jones' Infowars: There's a war on for your mind!
 

ecofarm

global liberation
Supporting Member
DP Veteran
Joined
Jun 4, 2010
Messages
117,832
Reaction score
33,963
Location
Miami
Gender
Male
Political Leaning
Independent
Infowars

hahaha
 

ecofarm

global liberation
Supporting Member
DP Veteran
Joined
Jun 4, 2010
Messages
117,832
Reaction score
33,963
Location
Miami
Gender
Male
Political Leaning
Independent

Helix

Administrator
Moderator
DP Veteran
Joined
Jul 1, 2011
Messages
69,726
Reaction score
51,849
Gender
Male
Political Leaning
Independent
lol @ Alex Jones
 

Canell

Banned
DP Veteran
Joined
Mar 7, 2011
Messages
3,851
Reaction score
1,170
Location
EUSSR
Gender
Male
Political Leaning
Libertarian
Gold won't fix anything. In fact, it would be worse.
 

haymarket

DP Veteran
Joined
Sep 3, 2010
Messages
120,933
Reaction score
28,509
Gender
Undisclosed
Political Leaning
Undisclosed

Former congressman says that precious metals will literally become priceless. “As long as we have excessive spending, and excessive computerized money, we are going to see gold go up,” Paul urged, noting that as the value of the dollar is destroyed, everything measured against dollars will increase in value. “If you look at the record of the value of the dollar since the Fed's been in existence, we have about a 2-cent dollar. And gold used to be $20 an ounce. So I'd say the record is rather clear on the side of commodity money.” Paul said. “Six thousand years of history shows that gold always retains value,” Paul added, “and paper always self-destructs.”» Ron Paul: Dollar Will Collapse, Gold Will “Go To Infinity” Alex Jones' Infowars: There's a war on for your mind!

This is the same thing that libertarian mouthpieces have been preaching for years now - Peter Schiff comes to mind as one of them. Gold goes up. Gold goes down. It is not the mystical libertarian panacea for economic magic.
 

Tovarish

Banned
Joined
Jul 6, 2013
Messages
417
Reaction score
54
Gender
Undisclosed
Political Leaning
Undisclosed
This is the same thing that libertarian mouthpieces have been preaching for years now - Peter Schiff comes to mind as one of them. Gold goes up. Gold goes down. It is not the mystical libertarian panacea for economic magic.
I think the most important - is the collapse of the dollar. (that is - the collapse of the U.S. financial system.) Gold, silver, or seashells - nothing will change. Soon everyone will know. The best currency - food, medicine, whiskey, tobacco and ammunition.
 

Tucker Case

Matthew 16:3
DP Veteran
Joined
Jul 28, 2008
Messages
45,603
Reaction score
22,539
Location
Everywhere and nowhere
Gender
Male
Political Leaning
Progressive
If we have a total economic collapse, the only metals that will be "priceless precious metals" are lead and cold steel.
 

Tovarish

Banned
Joined
Jul 6, 2013
Messages
417
Reaction score
54
Gender
Undisclosed
Political Leaning
Undisclosed
If we have a total economic collapse, the only metals that will be "priceless precious metals" are lead and cold steel.
A very accurate observation.
 

Northern Light

The Light of Truth
DP Veteran
Joined
Jan 7, 2013
Messages
6,729
Reaction score
4,183
Gender
Undisclosed
Political Leaning
Undisclosed
Technically our economy collapsed in 2008, but the government has been using fiat money traded with foreign currency to keep the economy afloat.

So it's not really about avoiding collapse anymore, but preventing the symptoms from being seen.
 

Fenton

DP Veteran
Joined
Nov 17, 2012
Messages
29,771
Reaction score
12,231
Gender
Male
Political Leaning
Conservative
I think the most important - is the collapse of the dollar. (that is -
the collapse of the U.S. financial system.) Gold, silver, or seashells - nothing will change. Soon everyone will know. The best currency - food, medicine, whiskey, tobacco and ammunition.
Ridiculous.

So your'e saying the collapse of the US dollar will make gold worthless all over the world ??

Do you know how easy it is to do bussiness in foriegn currencies ?

How about you run off and educate yourself before making ridiculous staements about our "doom".
 

Fenton

DP Veteran
Joined
Nov 17, 2012
Messages
29,771
Reaction score
12,231
Gender
Male
Political Leaning
Conservative
Technically our
economy collapsed in 2008, but the government has been using fiat money traded with foreign currency to keep the economy afloat.

So it's not really about avoiding collapse anymore, but preventing the symptoms from being seen.
Oh good post.

Yes Obama's entire economy is being held up with printing as he kicks the can down the road and with the implementation of ObamaCare there will be no private sector growth to head off more and more QE.

Its his biggest lie yet.
 

specklebang

Discount Philosopher
DP Veteran
Joined
Jan 13, 2012
Messages
11,524
Reaction score
6,769
Location
Las Vegas
Gender
Undisclosed
Political Leaning
Other
Got this offer today from the lowest priced dealer I've ever found:


90% Silver U.S. Coins ($100 Face Value Bag)

Approximately 71.5 oz. of pure silver. Each bag contains $100 face value of 90% Silver U.S. Coins that are 1964 & before. Coins are either one denomination of dimes or quarters or a mixture of our choice. You may call to request either dimes or quarters and we will do our best to fill your request. Coins condition vary from almost uncirculated to good condition, pictures are just a stock photo and represent coin type and not condition.

Price: $1,679.88 ($23.49 an ounce)

This is the same "junk silver" that used to sell for $1.00 BELOW spot.

Man can not live by currency alone so I also collect medicine.....just in case....
 

head of joaquin

Banned
DP Veteran
Joined
Oct 19, 2012
Messages
12,029
Reaction score
3,530
Gender
Male
Political Leaning
Progressive
It's pretty said that libertarians and their leader "Uncle Freedom" can only repetitively hope for economic collapse, and have nothing much more to say except hyperinflation is just around the corner, and has been for 230 years.

God, is Paul stupid or what?

But at least he proves the deepseated anti-modernist pathology of libertarianism. He really doesn't like credit and the ability of people to have a decent living via mortgages and loans, not to mention expand their businesses, and he knows that the gold standard would basically lead our economy boldly into the 1880s.
 

Deuce

Outer space potato man
DP Veteran
Joined
Feb 6, 2010
Messages
75,601
Reaction score
33,228
Gender
Male
Political Leaning
Undisclosed
Technically our economy collapsed in 2008, but the government has been using fiat money traded with foreign currency to keep the economy afloat.

So it's not really about avoiding collapse anymore, but preventing the symptoms from being seen.
Gold is a fiat currency.
 

head of joaquin

Banned
DP Veteran
Joined
Oct 19, 2012
Messages
12,029
Reaction score
3,530
Gender
Male
Political Leaning
Progressive
Technically our economy collapsed in 2008, but the government has been using fiat money traded with foreign currency to keep the economy afloat.

So it's not really about avoiding collapse anymore, but preventing the symptoms from being seen.
No, there is no technical economic definition of collapse. But I imagine it would look something like what conservatives would consider paradise -- a few rich people and a whole lot of poor people who will work for any amount they offer.
 

Tovarish

Banned
Joined
Jul 6, 2013
Messages
417
Reaction score
54
Gender
Undisclosed
Political Leaning
Undisclosed
Ridiculous.

So your'e saying the collapse of the US dollar will make gold worthless all over the world ??

Do you know how easy it is to do bussiness in foriegn currencies ?

How about you run off and educate yourself before making ridiculous staements about our "doom".
America is dead. Although still twitches in convulsion. (Trying to prove to the world that it of life.) Soon begins to decompose and the smell of rotting even naive fools will understand who is who. And you're right - it's ridiculous.
 

Occam's Razor

Banned
DP Veteran
Joined
Jan 30, 2011
Messages
2,069
Reaction score
1,122
Location
Oregon
Gender
Undisclosed
Political Leaning
Other
Gold is a fiat currency.
Hmmm... holding gold in my hand right now... seems pretty real to me.

Gold futures are fiat. Paper trades of gold are fiat. In fact, there are many many times more paper gold than physical gold on the planet. However, if you already have possession of physical gold, the inflated market supply is not really a concern.
 

Campbell

Banned
Joined
Jan 8, 2013
Messages
2,138
Reaction score
473
Location
East Tennessee
Gender
Male
Political Leaning
Liberal

Former congressman says that precious metals will literally become priceless. “As long as we have excessive spending, and excessive computerized money, we are going to see gold go up,” Paul urged, noting that as the value of the dollar is destroyed, everything measured against dollars will increase in value. “If you look at the record of the value of the dollar since the Fed's been in existence, we have about a 2-cent dollar. And gold used to be $20 an ounce. So I'd say the record is rather clear on the side of commodity money.” Paul said. “Six thousand years of history shows that gold always retains value,” Paul added, “and paper always self-destructs.”» Ron Paul: Dollar Will Collapse, Gold Will “Go To Infinity” Alex Jones' Infowars: There's a war on for your mind!
Sounds like he's tied up all his portfolio in a South African gold mine.....like any red blooded Republican Libertarian would do if they wanted the dollar to collapse.
 

fmw

DP Veteran
Joined
Feb 2, 2013
Messages
12,361
Reaction score
3,358
Gender
Male
Political Leaning
Libertarian
America is dead. Although still twitches in convulsion. (Trying to prove to the world that it of life.) Soon begins to decompose and the smell of rotting even naive fools will understand who is who. And you're right - it's ridiculous.
Bing bing. You get the blue ribbon for extreme anti Americanism. Congratulations.
 

Tovarish

Banned
Joined
Jul 6, 2013
Messages
417
Reaction score
54
Gender
Undisclosed
Political Leaning
Undisclosed
Bing bing. You get the blue ribbon for extreme anti Americanism. Congratulations.
Why anti-Americanism? I call a spade a spade. You're worried about the future. On this you blame me in anti-Americanism. So you lighter live? But the position of the ostrich is not for the thinking person. You can refute?
 

fmw

DP Veteran
Joined
Feb 2, 2013
Messages
12,361
Reaction score
3,358
Gender
Male
Political Leaning
Libertarian
Why anti-Americanism? I call a spade a spade. You're worried about the future. On this you blame me in anti-Americanism. So you lighter live? But the position of the ostrich is not for the thinking person. You can refute?
You are an anti American. It is obvious. You call spades spades without even understanding the spade. I am not worried about the futture. I have blamed you for nothing other than being anti-American which is obvious to everyone. I didn't understand the last two points and truthfully I don't care that I don't understand them.
 

DaveFagan

Iconoclast
DP Veteran
Joined
Mar 20, 2011
Messages
10,090
Reaction score
5,049
Location
wny
Gender
Undisclosed
Political Leaning
Conservative
You are an anti American. It is obvious. You call spades spades without even understanding the spade. I am not worried about the futture. I have blamed you for nothing other than being anti-American which is obvious to everyone. I didn't understand the last two points and truthfully I don't care that I don't understand them.

Can you view tovarish as an outsider looking in. He hasn't been subjected to the blathering of Rash Limpdick or the MSM propaganda tirade. Perhaps he can see clearly that which has been obfuscated intentionally. Fiat money, gold, values, free markets. Free markets, that's a good one to note. You do know about that department of the US Treasury known as the PPT (plunge protection team) that intervenes in "free markets" to generate ups and downs in those markets. Sorta controlling those "free markets." Sounds just a trifle un-American, don't you think? Manipulation at every turn.
 

fmw

DP Veteran
Joined
Feb 2, 2013
Messages
12,361
Reaction score
3,358
Gender
Male
Political Leaning
Libertarian
Can you view tovarish as an outsider looking in. He hasn't been subjected to the blathering of Rash Limpdick or the MSM propaganda tirade. Perhaps he can see clearly that which has been obfuscated intentionally. Fiat money, gold, values, free markets. Free markets, that's a good one to note. You do know about that department of the US Treasury known as the PPT (plunge protection team) that intervenes in "free markets" to generate ups and downs in those markets. Sorta controlling those "free markets." Sounds just a trifle un-American, don't you think? Manipulation at every turn.
He is an outsider looking in to something with which he has biased information and no experience. You won't get an argument that the federal government is the biggest impediment to the American way of life. I believe that unequivocably.
 
Top Bottom