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A Frightening Worldwide Currency Crisis - Rollover

Don Knotts YouTube Video Site
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Economist and Author, David Morgan reenatcs a dramatic scene from the Movie "Rollover" (1981), a frightening worldwide currency crisis he says we should be prepared for in our lifetimes.

Channel: News & Politics
Uploaded: December 31, 1969 at 4:59 pm
Author: silverguru

Length: 06:29
Rating: 4.8061223
Views: 98867

Tags: currancy  finance  money  stocks  bonds  crash  economists  David  Morgan  stock  market  gold  silver  metals  rollover  

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1337chsacker (December 31, 1969 at 4:59 pm)
Do you think there will be federal or law abiding police when shit hits the fan? Every man for himself scenario? The x39 might have a use date. I shoot every weekend and cycle though it, so my stock is always rotating with new ammo, use the oldest. Sealed in spam cans 762x54r never goes bad, have shot a whole can from 1954 and every one went bang from my 1943 izzy. I'm praying for a peaceful Revolution. I'm praying no one dies. If omfg revoultu2.0beta wtf extreme does not happen, thank god!
jaba987 (December 31, 1969 at 4:59 pm)
I wont be the Arabs but it will be the Chinese
flangelet (December 31, 1969 at 4:59 pm)
Gold AT BEST holds its value compared to some other commodities. Given up on making money and being richer than you were before the shit hit the fan in 2007-2008, hur? Content to be as poor as you were when the crisis was half-way through? Your choice! LOL Hint. China wants stuff. Why not buy into what they need? Or do you like being poor?
flangelet (December 31, 1969 at 4:59 pm)
Ammunition has sell-by and use-by dates. You cannot resell it without hitting federal laws and I doubt you'll use most of what you transferred your wealth into. May as well have burned your dollars, pal! I bet you're praying for Revolution v2.0beta to kick off real soon? What's your plan if it doesn't?
flangelet (December 31, 1969 at 4:59 pm)
Gold CAN be used as a store of value but only if you think MadMaxWorld is ahead. Gold's a very bad investment since buyers pay a large premium, as most dumb yanks have! And selling, one gets nowhere near the spot price, which most ameri-chumps will accept! Its real 'spread', therefore, is awful & so gold's ALWAYS a bad investment for most private investors, especially in times of crisis at crisis prices. I've tripled my wealth since Nov08 without gold! Good luck protecting your pittance!
flangelet (December 31, 1969 at 4:59 pm)
Most of the dirty americans ranting about gold here seem to miss the point that most of the wealthy people on Earth live OUTSIDE the failing usa & so OUTSIDE the dollar. I am NOT american & don't give a fig for 'em or their $. Who cares if the US catches fire? It's a crumbling shithole full of animals. F 'em! Gold prices were flat in Europe which shows it's only an american panic. This tells you more about the parlous state of the $ than about gold. Nothing really special about gold...
1337chsacker (December 31, 1969 at 4:59 pm)
I did not intensionally misquote you. I said it was a mistake, shows what a typical american half-wit YOU are. Dumbass, I was agreeing with you. Stupid fucks.
flangelet (December 31, 1969 at 4:59 pm)
LOL you intentionally misread & misquote me in order to refute me... LOL What a typical american half-wit you are! American inflation is here to stay. Your dollar is doomed. WTI is finished. Next stop; Oil in Euros or a basket of currencies. Gold can't be the basis of running a modern economy. There isn't enough of it & it's not practical. Gold isn't peaking because the $ isn't bottoming. Gold has a lot further to rise just as the $ has a lot further to fall. Gold is FLAT in Europe! LOL
1337chsacker (December 31, 1969 at 4:59 pm)
Also, buy tons of ammo. Whatever cal you can. I have 5k rounds of 762x39, 8,700 rnds of 762x54r, 11,500 rnds of .22LR (as a type of global collapse currency, in alabama, everyone and they're brother has a .22. Good barter material.)
1337chsacker (December 31, 1969 at 4:59 pm)
I do agree, fiat is manageable when a central bank tied to the world IMF bank, that is out to steal it all, is not in control. But I disagree here, THE PEOPLE, not the gov, should be in control. THE PEOPLE should vote on the changes and money in circulation, based on demand.

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