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Some thoughts from Ducky from Dinar Detectives
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Some thoughts from Ducky from Dinar Detectives
I took a break from all this dinar stuff for about 12 months. I did check in on Dinar Detectives about once a week and kept in touch with Dan. As I told him, I just kept seeing the same thing repeat itself… Gurus calling it and telling all of us how well connected they are. Dan’s response was short and sweet, “Yep.” I also sent an occasional email out to the members of the Big Beach Party. There are only about 800 members and I’d like to think that most are level headed and believe in what I believe in: I do believe in all the RV, but from what we have all learned, No one person will know when this will happen.
I also have a trusted friend that 10000000% believes in the “New Republic” and the “New UST” and all that conspiracy stuff. Now, just because I trust him, doesn’t mean I believe in what he states. I would trust him with watching my kids…. but I don’t have to agree with his beliefs. This make for a good debate. He does state that he is involved with all the PP/WGS stuff, but as far as I’m concerned I do believe that what he is telling me is the truth, at least this is what he has seen and is being told.
All this New Republic stuff sounds wonderful, but if the PTB are that strong, why in the world would they give it up? They wouldn’t…. Also, why in the world would the USD devalue 50% OVERNIGHT!!!! Causing millions of people to go hungry… Lose their homes… just think about it, a person making $1,000 per week would continue making that (may be, that’s if he/she doesn’t get laid off) but he/she could only purchase 50% of what they got the week before. Also, for all of you cashing in the IQD/VND at any new rate would have its value cut in half…. Not the amount that you receive, but what you can buy. New car today costs $50,0000. After the devaluation it will cost $75,000. Same goes with homes, food, utilities, everything……… It doesn’t matter if it’s made here in the USA or overseas. When O took office, the price of crude oil was $41.76 (February 2009 see chart below). Today it’s the high $90s. Our gas prices have doubled. Our food prices and everything has almost doubled. Imagine this happening “overnight” all for the “New Republic.” Furthermore, he gives no reason why the USD would lose 50% of its value…
There are those who have read Basel III and those that haven’t. The one that HAVE NOT are the same ones that are stating Basel II requires all currencies to be either asset backed or gold-backed currencies. Do yourself a favor and read Basel II requirements. Summary of Basel III changes
■Minimum common equity requirement 2 to 4.5%
■Capital conservation buffer 2.5% – met with common equity. If under, greater constraints on earning distributions are imposed
■Total common equity requirement is 7%
■Higher capital requirements for trading, derivatives, securitization at end 2011
■Tier 1 capital from 4 to 6% over the same period
■Countercyclical buffer in the range of 0 to 2.5% of common equity according to national circumstances
■Supplemented by non risk based leverage ratio
■Pillar 1 treatment will start on the 1st January 2018
The hogwash that you are reading from all these rumor mongers (Gurus) is just Nesara/WGS/PP/Those that are “Sovereign” is just going why overboard and they use a poorly translated article to their benefit.
Do yourself a favor and stop listening to the RM/Gs (rumor-monger/Guru). They have yet to get it right and I doubt they ever will. Kaperoni is one who puts out pretty good info and analysis, but you best bet is listen to yourself and doing your own research.
2008-2011: Value of the Dollar vs. Price of Oil
The Price of Oil and the Value of the Dollar
Rep. Kevin Brady
Joint Economic Committee - Republicans
May 16, 2011
"A consequence of the Federal Reserve’s policy of easing was to put downward pressure on the value of the dollar. The chart [above] shows the trade weighted value of the dollar since the announcement of QE1 in November 2008 as well as the price for Brent Crude Oil. Since that announcement the trade weighted value of the dollar has declined approximately 14 percent.
How has the U.S. Dollar’s Decline Affected the Price of Oil?
In much the same way that one can use the Consumer Price Index (CPI) to measure the cost of living, one can index the price of oil, an international commodity, to the value of the dollar measure the impact of the dollar’s declining value on the price of oil. The chart [above] tracks the dollar price of oil and shows the price based on indexing the dollar to its trade weighted value when QE1was announced by the Federal Reserve.
...
Estimating the Effect of the U.S. Dollar’s Decline on Gasoline Prices
Arguably, there are other factors affecting the price of gasoline than just the price of oil. However, the retail price of gasoline in the United States moves in tandem with the price of oil. In fact, the correlation between the two is greater than 98%. Given that oil is the primary input to gasoline and the close correlation we can perform a similar analysis to determine how much of the current price of gasoline is attributable to the declining value of the dollar.
…In other words, the dollar’s decline [since QE1 in 2008] accounts for 56.5 cents of the $3.963 current price of gasoline."
http://www.intellectualtakeout.org/library/chart-graph/2008-2011-value-dollar-vs-price-oil
This may be an old article, but you can get an idea where we are today.
I also have a trusted friend that 10000000% believes in the “New Republic” and the “New UST” and all that conspiracy stuff. Now, just because I trust him, doesn’t mean I believe in what he states. I would trust him with watching my kids…. but I don’t have to agree with his beliefs. This make for a good debate. He does state that he is involved with all the PP/WGS stuff, but as far as I’m concerned I do believe that what he is telling me is the truth, at least this is what he has seen and is being told.
All this New Republic stuff sounds wonderful, but if the PTB are that strong, why in the world would they give it up? They wouldn’t…. Also, why in the world would the USD devalue 50% OVERNIGHT!!!! Causing millions of people to go hungry… Lose their homes… just think about it, a person making $1,000 per week would continue making that (may be, that’s if he/she doesn’t get laid off) but he/she could only purchase 50% of what they got the week before. Also, for all of you cashing in the IQD/VND at any new rate would have its value cut in half…. Not the amount that you receive, but what you can buy. New car today costs $50,0000. After the devaluation it will cost $75,000. Same goes with homes, food, utilities, everything……… It doesn’t matter if it’s made here in the USA or overseas. When O took office, the price of crude oil was $41.76 (February 2009 see chart below). Today it’s the high $90s. Our gas prices have doubled. Our food prices and everything has almost doubled. Imagine this happening “overnight” all for the “New Republic.” Furthermore, he gives no reason why the USD would lose 50% of its value…
There are those who have read Basel III and those that haven’t. The one that HAVE NOT are the same ones that are stating Basel II requires all currencies to be either asset backed or gold-backed currencies. Do yourself a favor and read Basel II requirements. Summary of Basel III changes
■Minimum common equity requirement 2 to 4.5%
■Capital conservation buffer 2.5% – met with common equity. If under, greater constraints on earning distributions are imposed
■Total common equity requirement is 7%
■Higher capital requirements for trading, derivatives, securitization at end 2011
■Tier 1 capital from 4 to 6% over the same period
■Countercyclical buffer in the range of 0 to 2.5% of common equity according to national circumstances
■Supplemented by non risk based leverage ratio
■Pillar 1 treatment will start on the 1st January 2018
The hogwash that you are reading from all these rumor mongers (Gurus) is just Nesara/WGS/PP/Those that are “Sovereign” is just going why overboard and they use a poorly translated article to their benefit.
Do yourself a favor and stop listening to the RM/Gs (rumor-monger/Guru). They have yet to get it right and I doubt they ever will. Kaperoni is one who puts out pretty good info and analysis, but you best bet is listen to yourself and doing your own research.
2008-2011: Value of the Dollar vs. Price of Oil
The Price of Oil and the Value of the Dollar
Rep. Kevin Brady
Joint Economic Committee - Republicans
May 16, 2011
"A consequence of the Federal Reserve’s policy of easing was to put downward pressure on the value of the dollar. The chart [above] shows the trade weighted value of the dollar since the announcement of QE1 in November 2008 as well as the price for Brent Crude Oil. Since that announcement the trade weighted value of the dollar has declined approximately 14 percent.
How has the U.S. Dollar’s Decline Affected the Price of Oil?
In much the same way that one can use the Consumer Price Index (CPI) to measure the cost of living, one can index the price of oil, an international commodity, to the value of the dollar measure the impact of the dollar’s declining value on the price of oil. The chart [above] tracks the dollar price of oil and shows the price based on indexing the dollar to its trade weighted value when QE1was announced by the Federal Reserve.
...
Estimating the Effect of the U.S. Dollar’s Decline on Gasoline Prices
Arguably, there are other factors affecting the price of gasoline than just the price of oil. However, the retail price of gasoline in the United States moves in tandem with the price of oil. In fact, the correlation between the two is greater than 98%. Given that oil is the primary input to gasoline and the close correlation we can perform a similar analysis to determine how much of the current price of gasoline is attributable to the declining value of the dollar.
…In other words, the dollar’s decline [since QE1 in 2008] accounts for 56.5 cents of the $3.963 current price of gasoline."
http://www.intellectualtakeout.org/library/chart-graph/2008-2011-value-dollar-vs-price-oil
This may be an old article, but you can get an idea where we are today.
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Some thoughts from Ducky from Dinar Detectives
Solid article, good stuff, thanks.
*****************
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
- Posts : 27254
Join date : 2011-08-09
Age : 24
Location : Umm right here!
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Some thoughts from Ducky from Dinar Detectives
I was told a few years ago that the US has been put out to pasture. I posted this several times thoughout the years. If you sit down and look at the information available to us, this is indeed what is occurring.
Political structure....collapsing
Financial structure..collapsing
Moral Fibre............collapsing
Food Ind...............collapsing
Religious Structure.collapsing
Social Security, Gov
programs..............collapsing
Almost every aspect of our society is in dire straights.....Its right in front of us......GO to your local store.....Shovels from China, Garlic...China...our basic needs are being imported...Items that are available here. Its as easy to see as 1,2,3....1,2,3...1,2,3........
Political structure....collapsing
Financial structure..collapsing
Moral Fibre............collapsing
Food Ind...............collapsing
Religious Structure.collapsing
Social Security, Gov
programs..............collapsing
Almost every aspect of our society is in dire straights.....Its right in front of us......GO to your local store.....Shovels from China, Garlic...China...our basic needs are being imported...Items that are available here. Its as easy to see as 1,2,3....1,2,3...1,2,3........
topspin2- Elite Member
- Posts : 395
Join date : 2011-07-25
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