Can they keep the USD alive?

Please put all polls here.

Do you see the USD (as it is today) surviving for another 5 years?

Yes
24
71%
No
3
9%
Hard tellin'
5
15%
I don't care
2
6%
 
Total votes: 34

cmiller17363
Posts: 457
Joined: Thu Jul 13, 2017

Can they keep the USD alive?

Postby cmiller17363 » Thu Nov 30, 2017

Do you see the USD (as it is today) surviving for another 5 years? There is a similarish poll but let's do a fresh one. That one is almost 5 years old and things have surely changed. :grinch:
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Rik Bitter
Gold Jester
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Location: PA

Re: Can they keep the USD alive?

Postby Rik Bitter » Thu Nov 30, 2017

I don't think you'll get many people to go against the USD with a 5 year window. Which got me thinking, what time frame does the answer to the question start to get a little more difficult to predict? For me it's around 20 years, the deficit will likely double again 40T+ and a the debt bubble will be crazy hard for TPTB to maintain.

I need to get to work on my redoubt/hermitage.
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Bucketeer
Bearish Supporter
Posts: 2466
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Location: Warily watching the herd.

Re: Can they keep the USD alive?

Postby Bucketeer » Thu Nov 30, 2017

Rik Bitter wrote:I don't think you'll get many people to go against the USD with a 5 year window. Which got me thinking, what time frame does the answer to the question start to get a little more difficult to predict? For me it's around 20 years, the deficit will likely double again 40T+ and a the debt bubble will be crazy hard for TPTB to maintain.

I need to get to work on my redoubt/hermitage.



I voted 5 years, but I think Rik is right.....20 years is probably more likely. Hang on to your wheelbarrels.
Gentlemen prefer Engelhard.

Bill*
Gold Supporter
Posts: 21
Joined: Mon Sep 25, 2017

Re: Can they keep the USD alive?

Postby Bill* » Thu Nov 30, 2017

5 years may be too short but "nuttin' lasts forever".

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Bucketeer
Bearish Supporter
Posts: 2466
Joined: Sat Aug 23, 2014
Location: Warily watching the herd.

Re: Can they keep the USD alive?

Postby Bucketeer » Thu Nov 30, 2017

"They'll be fighting in the streets"..................Food riots.


Stash cash. Gold and silver will depreciate %50. An economy needs cash.
Gentlemen prefer Engelhard.

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Turtle
Posts: 574
Joined: Mon Aug 08, 2011
Location: Live Free or Die

Re: Can they keep the USD alive?

Postby Turtle » Sat Dec 09, 2017

Its gonna take a lot to kill it, but maybe Trump will institute gold standard or something.
:turtle: I liked them before it was cool... :evil:

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silverback
Posts: 88
Joined: Fri Dec 31, 2010
Location: SoCal

Re: Can they keep the USD alive?

Postby silverback » Sat Dec 09, 2017

I agree with Ron Pauls assessment that the petrodollar is key and when that structure is replaced with another currency ,its over. Watch for a {Gold backed} Yuan denominated oil exchange and you will have a time frame.I doubt the Chinese intend to wait {and waste} much longer....The end will come quickly when a Gold backed currency competes with a fiat currency .....which would you rather hold?


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