What will happen to Gold when the US dollar fails?

[geewhizz]

Bob Chapman and Gerald Celente never mention this. Celente says that Gold will reach $2000 per troy oz, however, if the dollar fails, how could this happen.

Gold will probably be tied into the Chinese currency and may drop heavily for a short time until it recovers over a few years.

[veritasvoice]

Without going into economic details, it will still be worth more off the bat than paper.

[bluehorseman]

Not being an economist or anything I reckon that if it gets to that the countries with the most gold will become the standard - at the moment thats China for sure, they are in the throws of a buy up at the moment getting rid of their toxic US dollars and swapping them for comodities that is a contributing factor to why I think we are seeing such a low US dollar.

Any commodity producing country at the moment (and probably the future) will be strong, so thats stuff we can eat, oil, gold, minerals etc.

Someone was buying up the Kiwi dollar big time yesterday which doesn't make sense the only commodities we trade large in is milk- tptb work in strange ways.

[umbrex]

Bob Chapman and Gerald Celente never mention this. Celente says that Gold will reach $2000 per troy oz, however, if the dollar fails, how could this happen.

Gold will probably be tied into the Chinese currency and may drop heavily for a short time until it recovers over a few years.

Money is paper ...it's a fiat currency with no backing of any kind. We believe it has value, due to general consensus.

The value of the dollar is primarily set by how much of it is in circulation. Right now we are at the verge of a dollar collapse. Gold is valued in dollars, yuan, pounds, euros etc and has intrinsic value ..like in REAL value. So when the currency (ie dollars) inflate, the price of gold goes upup.

Many people hold gold and silver as a hedge against the soon to come, hyperinflation of the dollar. It's not like gold is tied to the dollar, as it is the yuan (hehe), but can be valued in any currency.

So imagine the inflationrate of dollars goes up 10.000% when china or some other player drops their reserves during the introduction of a new, one wolrd currency?!

what happens to gold ??

through the roof!

[hadabusa]

hm, but what will really happen when compared to a stable currency?

[umbrex]

hm, but what will really happen when compared to a stable currency?

gold can be considered a benchmark of real value ...that's why a currency backed by gold or silver is considered stable.

[bluehorseman]

what I would like to know is what is the possibility of New Zealand becoming a safe haven for nwo cohorts like Switzerland became in WWII? The kiwi is flying a bit high(excuse the pun) and I see that as one reason why, investors maybe seeing it as a safe place to dump their dollars due to our stable gov, high commodity reserves, nice conforming people. We are making our borders easier for the rich to get in last week the gov were making noises about letting immigrants in with 10 million instead of 20. :eek:

[bluehorseman]

Not being an economist or anything I reckon that if it gets to that the countries with the most gold will become the standard - at the moment thats China for sure, they are in the throws of a buy up at the moment getting rid of their toxic US dollars and swapping them for comodities that is a contributing factor to why I think we are seeing such a low US dollar.

Any commodity producing country at the moment (and probably the future) will be strong, so thats stuff we can eat, oil, gold, minerals etc.

Someone was buying up the Kiwi dollar big time yesterday which doesn't make sense the only commodities we trade large in is milk- tptb work in strange ways.

The dow is still high, the kiwi dollar still too strong - this trend is not good and with that powerful esoteric month September coming up I would bet the stars that we will see the big players crash the markets again around then. That can be the only explanation; the house of cards is being rebuilt again so they can knock it over when we are all admiring how good it looks.

[bluehorseman]

bump

[bluehorseman]

Hidden in plainsight, their words - if you want to find the crime, follow the money.

[hadabusa]

gold can be considered a benchmark of real value ...that's why a currency backed by gold or silver is considered stable.
uh, thanks for enlightement
:rolleyes:

same question again, youve missed the point.

in usa,it will be nominally worth many dollars.
wont matter, as dollars wont be buying anything.
and govt will confiscate it,again.

[umbrex]

and govt will confiscate it,again.

ever heard the phrase: "Silver is king"

;)

only "stable" currency is the sauds ...which is backed by gold i believe, so naturally, it wouldn't swing as much.

[archemis]

Gold is necessary to the Annunaki reptilians, to maintain the atmosphere around their home planet. The sumerians called this planet 'Nibiru' "the dwelling place of their Gods", Nasa have renamed it Eris. Please see Zecharia Sitchin's work re. the Sumerian tablets of creation, you can find it at Youtube and visit the Nasa site, if you haven't done so already. This is the reason that gold is being bought up at elevated prices and those annoying 'let us buy your gold' adverts are running via mainstream media. Please research this further for yourselves to prove / disprove.

In the meantime, try not to become scared or angry at what you find. Remember that negative emotions lower your and our planet's energy frequency, 'love' raises it up to level of ascension.

[hawk]

As much as they have already raped, robbed and pillaged this planet, it's wonder earth is dead by now. But gold is the only thing of value on this planet. They know,it which is why they value it so highly. But if you have any gold stocks or some gold coins, do not sell them! There was a law during the great depression that people were ordered to give up all their gold. They did,too. The world has never been the same again. Just because something is the law doesn't make it right or mean you have to obey.

[anahata]

If you've got gold try not to sell it but don't go buying it back at 'our' massive loss.

As for Earth, it's not dead or dying... it'll recover just fine.