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Emerging companies - Mid caps that can become large cap
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baracuda
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Quote baracuda Replybullet Posted: 18/Feb/2014 at 6:02pm

There is a strong news from US (People like Marc Faber, Jim Rogers, etc...) that dollar will collapse and a new currency (world currency) may come into being.

Many experts are saying a lot of things (to be noted is consistency) about US economy going to dust. This could affect the world economics in  a major way. Indian stock markets will get a hit for sure. Currency wise also there could be a major impact as an alternative or new currency will be born. This dust will take time to settle and will drain what ever we have seen as earned till now. Currency, debt, credit and Monetary may get the reset button.
 
Please see youtube videos (Dollar collapse, Rothschilds, New world order) to get a better picture.
 
I am not sure of keeping money in banks is a good idea. Guess I asked Omjee if I could remove all money from bank and buy silver or gold.
 
Please share your thoughts after researching the topic. Its tough to believe but it MAY happen.
 
Thanks,
VC.
 
Damani Fan!!!
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manishdave
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Quote manishdave Replybullet Posted: 18/Feb/2014 at 6:29pm
Originally posted by baracuda

There is a strong news from US (People like Marc Faber, Jim Rogers, etc...) that dollar will collapse and a new currency (world currency) may come into being.

Many experts are saying a lot of things (to be noted is consistency) about US economy going to dust. This could affect the world economics in  a major way. Indian stock markets will get a hit for sure. Currency wise also there could be a major impact as an alternative or new currency will be born. This dust will take time to settle and will drain what ever we have seen as earned till now. Currency, debt, credit and Monetary may get the reset button.
 
Please see youtube videos (Dollar collapse, Rothschilds, New world order) to get a better picture.
 
I am not sure of keeping money in banks is a good idea. Guess I asked Omjee if I could remove all money from bank and buy silver or gold.
 
Please share your thoughts after researching the topic. Its tough to believe but it MAY happen.
 
Thanks,
VC.
 


Jim Rogers has been talking about collapse of $$ since 25 years. Some day he will be right as his logic about debt is correct. But many times he says he is buying $$ as everybody is short $$. Gold bugs would suggest, best thing is to keep all money in gold and at your home and keep loaded gun to protect it.
I read ppl keeping drum of petrol in backyard on top of gold and gun.
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shivkumar
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Quote shivkumar Replybullet Posted: 18/Feb/2014 at 10:18pm
The dollar may not collapse with all the oil and gas being discovered in the US.
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FutureBull
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Quote FutureBull Replybullet Posted: 18/Feb/2014 at 12:04pm
USD will not collapse untill China decides to sell US treasuries worth 2 tn USD.The question is why would they sell and to whom? If at all they start the process they would take huge losses in the unsold part. It would still happen but at least few yrs away.
‘The market always does what it’s supposed to — BUT NEVER WHEN’.
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Quote Avadhoot Replybullet Posted: 19/Feb/2014 at 7:49am
China buys US treasuries to keep its currency competitive so that exports remain competitive.
If they sell treasuries then they shall have to buy gold which is an unproductive asset.
Another reason (probability is remote but can't be ruled out)is skyrocketing oil prices for whatsoever reason.
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kmukul
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Quote kmukul Replybullet Posted: 19/Feb/2014 at 9:56am
why are we discussing this in yes bank thread. its likely that usd isn't currency of choice 50 years from now, but whatever it is US will do very well, you guys are underestimating the strength of US system, there is no one like them in the world.
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Jimm0y74jp
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Quote Jimm0y74jp Replybullet Posted: 19/Jan/2016 at 12:19pm
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