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Cable Update (GBPUSD)

  • #819,461
  • Mar 30, 2024 9:00am Mar 30, 2024 9:00am
Quoting Bones
you can defiantly see the end to the $ as it is within 20 years which is the pattern, look at the hubris, even with Zebi lol
You see it. I see it. The elected part of the US government refuses to see it.
  • #819,462
  • Mar 30, 2024 9:04am Mar 30, 2024 9:04am
WWIi was the excuse to spoil the gold from the people. That is, with Goverments complicity. Spain' s gold vanished 1936 when civil war. No need to participate thereafter. It was sent to Rusia and never returned so they say. . Fairytale for the idiots like you wavy.
I would say hiden in switzerland. Neutral .. slaves are to stupid. Instead, we got a printing machine till it all goes bust. And it will be the idiots fault again. Some big price will also have to be paid. Anyways, Bitcoin is here to free the slaves. Totaly soveregn. We will start the second 1700 year period out of 3 that civilizacions last(5100). It is the best. I Will not be seeing much of it due to my age.
Period starts around 2032. The elite want to start theirs before 2030. It will fail
Natural law is key. 2032
POSTMASTER
  • #819,463
  • Mar 30, 2024 9:31am Mar 30, 2024 9:31am
i got curious about all this expert talk about usa debt and dollar by people that dont even live in usa

its always the foreign experts that know best whats good for americans

so i went to wikipedia to get some quick facts i can research more in depth later.. https://en.wikipedia.org/wiki/Reserve_currency
seems there been many attempts at finding best way to fund money

Reserve currencies have come and gone with the evolution of the world’s geopolitical order. International currencies in the past have (excluding those discussed below) included the Greek drachma, coined in the fifth century B.C.E., the Roman denari, the Byzantine solidus and Islamic dinar of the middle-ages and the French franc.
The Venetian ducat and the Florentine florin became the gold-based currency of choice between Europe and the Arab world from the 13th to 16th centuries, since gold was easier than silver to mint in standard sizes and transport over long distances. It was the Spanish silver dollar, however, which created the first true global reserve currency recognized in Europe, Asia and the Americas from the 16th to 19th centuries due to abundant silver supplies from Spanish America.[3]

the dutch it seems tried using central bank currency methods too:

Reserve currencies have come and gone with the evolution of the world’s geopolitical order. International currencies in the past have (excluding those discussed below) included the Greek drachma, coined in the fifth century B.C.E., the Roman denari, the Byzantine solidus and Islamic dinar of the middle-ages and the French franc.
The Venetian ducat and the Florentine florin became the gold-based currency of choice between Europe and the Arab world from the 13th to 16th centuries, since gold was easier than silver to mint in standard sizes and transport over long distances. It was the Spanish silver dollar, however, which created the first true global reserve currency recognized in Europe, Asia and the Americas from the 16th to 19th centuries due to abundant silver supplies from Spanish America.[3]

It was therefore the Dutch which served as the model for bank money and reserve currencies stabilized by central banks, with the establishment of Bank of England in 1694 and the Bank of France in the 19th century. The British pound sterling, in particular, was poised to dislodge the Spanish dollar's hegemony as the rest of the world transitioned to the gold standard in the last quarter of the 19th century.

seems to me everytime civilizations and countries that tried the gold standard always failed
usually from war so seems like that is more important to dollars superiority and longevity than bonzeys 100 year span

maybe thats why we police the world and keep it in check more or less LOL



and lets not let FF's dollar hatred get in the way of facts LOL:

Attempts were made in the interwar period to restore the gold standard. The British Gold Standard Act reintroduced the gold bullion standard in 1925,[7] followed by many other countries. This led to relative stability, followed by deflation, but because the onset of the Great Depression and other factors, global trade greatly declined and the gold standard fell. Speculative attacks on the pound forced Britain entirely off the gold standard in 1931.[8][9]

so america stayed on the gold standard much longer than anyone else
short trump and go long the deepstate
  • #819,464
  • Mar 30, 2024 9:41am Mar 30, 2024 9:41am
Quoting Zebi
i got curious about all this expert talk about usa debt and dollar by people that dont even live in usa its always the foreign experts that know best whats good for americans so i went to wikipedia to get some quick facts i can research more in depth later.. seems there been many attempts at finding best way to fund money Reserve currencies have come and gone with the evolution of the world’s geopolitical order. International currencies in the past have (excluding those discussed below) included the Greek...
Check Martín Armstrong's blog. He is a north American. His database goes back 6000 BC through coinage. Wikipedia is no longer independent....
He is the only contemporary person to hit major target dates in politics and economy. He spent 7 years in jail for not handing his model to the CIA.
POSTMASTER
  • #819,465
  • Mar 30, 2024 9:44am Mar 30, 2024 9:44am
Quoting Robinhood1
{quote} Check Martín Armstrong's blog. He is a north American. His database goes back 6000 BC through coinage. Wikipedia is no longer independent.... He is the only contemporary person to hit major target dates in politics and economy. He spent 7 years in jail for not handing his model to the CIA.
Now, if you are on board with the banks, like 99% of members at this thread, no need to tell you who he is
POSTMASTER
  • #819,466
  • Mar 30, 2024 9:57am Mar 30, 2024 9:57am
Quoting Robinhood1
{quote} Check Martín Armstrong's blog. He is a north American. His database goes back 6000 BC through coinage. Wikipedia is no longer independent.... He is the only contemporary person to hit major target dates in politics and economy. He spent 7 years in jail for not handing his model to the CIA.

if you mean this guy...ill pass on him...thanks

Martin Arthur Armstrong (born November 1, 1949) is an American self-taught[1] economic forecaster and convicted felon who spent 11 years in jail for cheating investors out of $700 million and hiding $15 million in assets from regulators.[1]

https://en.wikipedia.org/wiki/Martin_A._Armstrong
short trump and go long the deepstate
  • #819,467
  • Mar 30, 2024 10:03am Mar 30, 2024 10:03am
Everyone above the UK is probably in a debt-ridden no way back situation, we haven't even talked about demographics, which can't be changed in a generation.
The UK is almost certainly going to break the 100% mark.
100% is a known fiat currency line in the sand.
There's no way back because it simply will not add up no matter what you do.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #819,468
  • Mar 30, 2024 10:14am Mar 30, 2024 10:14am
Quoting Zebi
{quote} if you mean this guy...ill pass on him...thanks Martin Arthur Armstrong (born November 1, 1949) is an American self-taught[1] economic forecaster and convicted felon who spent 11 years in jail for cheating investors out of $700 million and hiding $15 million in assets from regulators.[1]...
I knew you are on board. Sleep tight while you can.
POSTMASTER
  • #819,469
  • Mar 30, 2024 10:21am Mar 30, 2024 10:21am
Quoting Zebi
{quote} if you mean this guy...ill pass on him...thanks Martin Arthur Armstrong (born November 1, 1949) is an American self-taught[1] economic forecaster and convicted felon who spent 11 years in jail for cheating investors out of $700 million and hiding $15 million in assets from regulators.[1]...
I Guess you don't click on YT links either?
For that 1% honest traders, you can find the adequate documentary at YouTube THE FORECASTER
POSTMASTER
  • #819,470
  • Mar 30, 2024 10:30am Mar 30, 2024 10:30am
Quoting Robinhood1
{quote} I Guess you don't click on YT links either? For that 1% honest traders, you can find the adequate documentary at YouTube THE FORECASTER

im from that older generation that likes reading not watching utube videos
short trump and go long the deepstate
  • #819,471
  • Mar 30, 2024 10:41am Mar 30, 2024 10:41am
Quoting Bones
Everyone above the UK is probably in a debt-ridden no way back situation, we haven't even talked about demographics, which can't be changed in a generation. The UK is almost certainly going to break the 100% mark. 100% is a known fiat currency line in the sand. There's no way back because it simply will not add up no matter what you do. {image}
there's different cases, the US has lower taxes so it would be "easier" to solve it (in fact it isn't because they have guns lol ).
in Europe it's much harder to raise taxes, they are already high.
Japan is Japan, they just do whatever it is they do
  • #819,472
  • Mar 30, 2024 10:48am Mar 30, 2024 10:48am
Quoting Zebi
i got curious about all this expert talk about usa debt and dollar by people that dont even live in usa its always the foreign experts that know best whats good for americans so i went to wikipedia to get some quick facts i can research more in depth later.. https://en.wikipedia.org/wiki/Reserve_currency seems there been many attempts at finding best way to fund money Reserve currencies have come and gone with the evolution of the world’s geopolitical order. International currencies in the past have (excluding those discussed...
The requirement for reserve currencies have been obsolete for quite a while now with instantaneous global exchanges that run virtually 24/7!
  • #819,473
  • Mar 30, 2024 11:41am Mar 30, 2024 11:41am
Quoting Zebi
{quote} im from that older generation that likes reading not watching utube videos
Enjoy your vaccination if you are Human buddy. Could read and watch on mainstream media
POSTMASTER
  • #819,474
  • Edited 12:53pm Mar 30, 2024 12:05pm | Edited 12:53pm
Quoting Polimini
{quote} there's different cases, the US has lower taxes so it would be "easier" to solve it (in fact it isn't because they have guns lol ). in Europe it's much harder to raise taxes, they are already high. Japan is Japan, they just do whatever it is they do
Fiat currencies? Please name one.
The reason you can't come back is you need to grow faster than the debt, {deficit?} + interest.
If you have 100% debt and grow at 4% and interest is 4% that's standing still.
There are 4 ways to deleverage/default its the only way out.

1-"Belt-tightening"
2-"High inflation"
3-"Massive default"
4-"Growing out of debt'
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #819,475
  • Mar 30, 2024 12:38pm Mar 30, 2024 12:38pm
checking pa usdx , very tough to hold bull , and try crazilly should once for all before tanking enough ! lets see
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #819,476
  • Mar 30, 2024 12:54pm Mar 30, 2024 12:54pm
Quoting Bones
{quote} Fiat currencies? Please name one. The reason you can't come back is you need to grow faster than the debt, {deficit?} + interest. If you have 100% debt and grow at 4% and interest is 4% that's standing still. There are 4 ways to deleverage/default its the only way out. Archetype 1"Belt-tightening" 2"High inflation" 3"Massive default" 4"Growing out of debt'
interests on the debt are negligible in these kind of sovereign debts (for the major countries), sure now it's higher but won't be for long. The US is paying around 3%, it's not the 5.5% interest rate.
I already said the fastest way is raising taxes, but you can also cut spending. Make more and/or or spend less. Growth is very limited for major countries to solve this problem.
  • #819,477
  • Mar 30, 2024 1:09pm Mar 30, 2024 1:09pm
Quoting Polimini
{quote} interests on the debt are negligible in these kind of sovereign debts (for the major countries), sure now it's higher but won't be for long. The US is paying around 3%, it's not the 5.5% interest rate. I already said the fastest way is raising taxes, but you can also cut spending. Make more and/or or spend less. Growth is very limited for major countries to solve this problem.
you can't lower IR with inflation, US own forecasts say interest will be one of the biggest payments of the entire budget
name the fiat currency that ever came back from over 100%
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #819,478
  • Mar 30, 2024 1:22pm Mar 30, 2024 1:22pm
Quoting Polimini
{quote} interests on the debt are negligible in these kind of sovereign debts (for the major countries), sure now it's higher but won't be for long. The US is paying around 3%, it's not the 5.5% interest rate. I already said the fastest way is raising taxes, but you can also cut spending. Make more and/or or spend less. Growth is very limited for major countries to solve this problem.
lol, The first thing is to balance the budget, They are not going to do it, and that is why all Fiat fail.
Raise taxes?? the government needs to shrink. Sack the entire FED establishment and many other departments. Ban money printing.
What there going to do is go further off the cliff,
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #819,480
  • Mar 30, 2024 2:01pm Mar 30, 2024 2:01pm
Quoting Robinhood1
{quote} Enjoy your vaccination if you are Human buddy. Could read and watch on mainstream media

i left an irc trading chattroom on mirc because of antivaxxers, gun nuts, trumptards and qanon crazies to come here and i find them here too LOL
short trump and go long the deepstate
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