So if the USD is no longer the reserve fund, what happens?
The doom-sayers predict massive inflation and the end of the USA as we know it?
Is that possible/ likely?

I am no economist, but even I know our economy is a house of cards. Will this be the time it crumbles?

What are you doing to maximize your chances of survival?

No agenda, just looking for answers. I have no knowledge of how this might play out.

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1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags

Nobody knows. It's all speculation at this point and only history will provide the ulitmate answer.

Though on balance I'd have to say it probably will not be good for the US. There are those who facilely shout "yay" from the rooftops and are happy with the idea of a reduced US influence in the world. Problem is they are ignorant of the reality that the increase in influence of the likes of China etc is not necessarity a good thing. It is not so much the possibiliyt of the loss of the dollars position of significance in the world that causes the triouble as the trouble the world will be in in that makes the idea of such a chance possible.

In other words those whot think history has played itself out and we are entering a time of reduced turmoil and war are pathetically naieve.

- Peter.

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2021 Chevrolet Spark
Formerly...
2000 GMC Sonoma
1981 240D 4spd stick. 347000 miles. Deceased Feb 14 2021
2002 Kia Rio. Worst crap on four wheels
1981 240D 4spd stick. 389000 miles.
1984 123 200
1979 116 280S
1972 Cadillac Sedan DeVille
1971 108 280S

Why don't we put it more concisely. You are either the fawker or the fawkee. Either you are outside the barrel shoving it into the guy in the barrel or you are the guy in the barrel taking it from the guy outside the barrel.

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01 Ford Excursion Powerstroke
99 E300 Turbodiesel
91 Vette with 383 motor
05 Polaris Sportsman 800 EFI
06 Polaris Sportsman 500 EFI
03 SeaDoo GTX SC Red
03 SeaDoo GTX SC Yellow
04 Tailgator 21 ft Toy Hauler
11 Harley Davidson 883 SuperLow

if something that drastic happens, why wouldnt the US key the dollar to the value of the new currency similar to what China does today?

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1982 300CD Turbo (Otis, "ups & downs") parts for sale
2003 TJ with Hemi (to go anywhere, quickly) sold
2001 Excursion Powerstroke (to go dependably)
1970 Mustang 428SCJ (to go fast)
1962 Corvette LS1 (to go in style)
2001 Schwinn Grape Krate 10spd (if all else fails)

Hint:

http://www.imf.org/external/np/exr/facts/gold.htm

"However, it is still an important asset in the reserve holdings of a number of countries, and the IMF remains one of the largest official holders of gold in the world"

If they push for a commodity standard, i.e. Gold, the value their holdings would dramatically increase.

IMF = 1
USA = 0

The scary part is that Fed Notes and US securities are a main part of the balance sheets of many world central banks. The US dollar collapsing will probably topple may other currencies like a domino train.
History has shown that buying silver an gold has allowed people to survive quite well.. But as I think the US is planning another gold confiscation, I'd think that silver is safer...
This guy at golddealer seems to have the most competitive prices around. http://www.golddealer.ca/index.cfm?aid=13

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All it takes for evil to prevail is for good men to stand by and do nothing.

Too many people tip toe through life, never attempting or doing anything great, hoping to make it safely to death... Bob Proctor

'95 S320 LWB
'87 300SDL
'04 E500 wagon 4matic

not only gold, but the video of the cop tasering the guy's balls? YIKES!

Citing a TED lecturer:

China's economy is poised to surpass that of America's by 2020, according to post- financial crisis predictions.

Last I heard, that cop was still out on the streets.

__________________
All it takes for evil to prevail is for good men to stand by and do nothing.

Too many people tip toe through life, never attempting or doing anything great, hoping to make it safely to death... Bob Proctor

'95 S320 LWB
'87 300SDL
'04 E500 wagon 4matic

If the US was to have a significant economic collapse, the condition of our investment portfolios would be the least of out problems. Hopefully, there would be enough notice to get out while the getting is good.

I believe notice is being served now...

__________________
All it takes for evil to prevail is for good men to stand by and do nothing.

Too many people tip toe through life, never attempting or doing anything great, hoping to make it safely to death... Bob Proctor

'95 S320 LWB
'87 300SDL
'04 E500 wagon 4matic

I think its just a usual "IMF" "Alert" by the fine folks holding a LOT of gold stocks whos tired of the prices not steadily rising--- But I might be wrong,

Oh 5hit --get your money OUT of the bank Now--before they lock you out...
and go ahead anfd get that Mog, lots of beef jerky, bullets/ AK and head for the hills!

Well, at the very least, the bullets and beef jerky can still be used... And a bit of extra cash in hand ain't gunna hurt you...

__________________
All it takes for evil to prevail is for good men to stand by and do nothing.

Too many people tip toe through life, never attempting or doing anything great, hoping to make it safely to death... Bob Proctor

'95 S320 LWB
'87 300SDL
'04 E500 wagon 4matic

Somewhere I read/ heard that if society breaks down, it takes only a few days before there is total anarchy.
For the first day or two, there is the "pulling together", " We're all in this together" feeling.
Then as petty crooks begin to realize that there is no law enforcement, they begin general looting.
A few more days and gangs of thugs take over.
The advice given, was to grab whatever provisions and get out of the cities.

Is it that serious?

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1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags

Mormon families are encouraged to have a one year supply of food on hand and own firearms. I'm good for about a month before having to begin hunting for food.