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Important Announcement from AdminBill 3/26/18
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Important Announcement from AdminBill 3/26/18
I feel it is important to remind members of WSOMN of the possibility that the coming week may bring a temporary financial instability in the markets. My suggestion is to be prepared for that possibility with your vehicles fueled and adequate supplies for your family on hand. Better to be prepared than not.
Should the Chinese shift to a gold backed currency on Monday the 26th that could have a ripple effect on Wall Street and stock markets globally during a potential day or two of market closures as adjustments are made.
It is possible that there will be a 2 to 10 period where the instability of the the dollar will make it difficult to conduct business. Try to have cash on hand for emergency use only.
This is by no means the way this plays out but better safe than sorry.
There is no proof whatsoever that the scenario I mentioned will happen. I am only suggesting that you be prepared for a possible hiccup for a short time. There is no real way to predict. We can only be prepared so do not take this to be what will happen.
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Ssmith- GURU HUNTER
- Posts : 20495
Join date : 2012-04-10
Re: Important Announcement from AdminBill 3/26/18
ADMINBILL is smart enough to KNOW that there is NOT ENOUGH GOLD IN THE WORLD for China to go gold-backed. He is just an cabbagehead that likes playing the game. Anything to keep him important and worshipped. No one has to worry about fuel, food, or cash. Nothing is happening in China. NOTHING.
Scotchie- VIP Member
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Re: Important Announcement from AdminBill 3/26/18
Admin Bill knows nothing!
roxy22222222- GURU HUNTER
- Posts : 2881
Join date : 2015-04-20
Re: Important Announcement from AdminBill 3/26/18
https://www.gold.org/data/gold-reserves
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RamblerNash- GURU HUNTER
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Join date : 2015-02-19
Re: Important Announcement from AdminBill 3/26/18
There will likely be instability in the market. The market is after all by it's very nature unstable, given the jitters over the Fed's intention to raise interest rates, international tensions, and possible trade wars, you would have to be a moron not to expect instability in the markets. Regardless, that will have no more effect of the availability or the value of the dollar. In fact were a major financial event to occur, the relative dollar would most likely go up. The US is the driving force of the US economy. China may not like it, Russia may not like it, the EU may not like it, but it is a fact. If the US get's the economic sniffles, the rest of the world get's economic pneumonia. That's why foreign finance ministers pay so much attention to every move by the UST or the Fed.
Good find on that gold chart RamblerNash ... it should put all the gold nonsense to rest, it won't though.
Good find on that gold chart RamblerNash ... it should put all the gold nonsense to rest, it won't though.
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Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
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Re: Important Announcement from AdminBill 3/26/18
Kevind53 wrote:Good find on that gold chart RamblerNash ... it should put all the gold nonsense to rest, it won't though.
It was the fifth link down when I did a quick search. I was looking for the one I posted here at DD awhile back, or the video that Nick made covering this, but that would of taken too long. It doesn't take too long to debunk these Gurus doing simple google searches.
Your right...It wont put the gold nonsense to rest. Folks would rather believe the Gurus lies over proven facts.
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RamblerNash- GURU HUNTER
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