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<p>[QUOTE="Stupidcoinguy, post: 750812, member: 17208"]Speaking for the dollar only, I don't believe that gold is ever shoot down form this point on. It might very by a little over $100 downwards occasionally, but on the long timeline it is just gonna keep increasing.</p><p><br /></p><p>My reasoning being that the United states is never going to pay off it's debts to the rest of the world. It just isn't gonna happen. Rather I believe that eventually the dollar will be replaced by something else, probably an international currency or something. And I thing it will happen within the next 50 years. probably sooner.</p><p><br /></p><p>I continually here all my buddies at work say the same thing, "America the great, we will never fall," and actually I tend to agree with them. I don't believe we will ever fall, but I do believe our dollar will. Our dollar is simply a ploy to steal from other countries, and because we are so powerful, I believe we will keep doing so until no one will except our dollar, then we will move on to something else. It really is worth it for the U.S. to keep doing what we're doing, simply because we gain so many valuable things from it.</p><p><br /></p><p>It's the sheer size of the U.S. ego mixed with an inability to pay anything off that will insure the gradual increase until eventual destruction.[/QUOTE]</p><p><br /></p>
[QUOTE="Stupidcoinguy, post: 750812, member: 17208"]Speaking for the dollar only, I don't believe that gold is ever shoot down form this point on. It might very by a little over $100 downwards occasionally, but on the long timeline it is just gonna keep increasing. My reasoning being that the United states is never going to pay off it's debts to the rest of the world. It just isn't gonna happen. Rather I believe that eventually the dollar will be replaced by something else, probably an international currency or something. And I thing it will happen within the next 50 years. probably sooner. I continually here all my buddies at work say the same thing, "America the great, we will never fall," and actually I tend to agree with them. I don't believe we will ever fall, but I do believe our dollar will. Our dollar is simply a ploy to steal from other countries, and because we are so powerful, I believe we will keep doing so until no one will except our dollar, then we will move on to something else. It really is worth it for the U.S. to keep doing what we're doing, simply because we gain so many valuable things from it. It's the sheer size of the U.S. ego mixed with an inability to pay anything off that will insure the gradual increase until eventual destruction.[/QUOTE]
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