Financial Collapse if Russia Sells U.S. Dollar

[BrotherKantu]

Gold Catalyst: Economist John Williams: Financial Collapse if Russia Sells U.S. Dollar Holdings TNR.v MUX GDX

With Ukraine in the headlines Greg Hunter discusses with John Williams the complications for the US Dollar Reserve Currency Status of the ongoing Financial War. China has sold the record amount of US Treasuries in December and buying the record amount of Gold. Today US Dollar has crashed below 80.00 again and closed at 79.66. Russia has already warned US that any sanctions will come back to those who will implement it. With China siding with Russia we can expect the acceleration of De-Dollarisation now.

 

[khan afghan1]

If the dollar crashes Pakistan should repay the loan taken from IMF
and world bank

 

[pakistani786]

Nothing will happen , yet, just relax.

 

[BrotherKantu]

If the dollar crashes Pakistan should repay the loan taken from IMF
and world bank

You got it right my friend. You also need to convert your savings if in dollars to some thing more trust worthy, like GOLD.
Pakistan needs to diversify its reserves too.

 

[BrotherKantu]

Nothing will happen , yet, just relax.

Yes, will be golden opportunity for you to load up at that time, because dollar will be sold by the kilos.
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[United4Pak]

Russian assets will be frozen anyway. If the start selling. Who would they sell if nobody in the world is allowed to trade with Russia?

even if they are allowed to sell would it not be a self goal as the more they sell dollars the lesser value they get for their remaining reserves which I don't think are that much anyway.

if the news had a slightest of weight we would see gold prices shooting up but gold prices have been struggling.

 

[PIND-WALA]

Its very likely. However there are other indicators which indicate dollar collapse or a possible correction over the next 2 years.

 

[pakistani786]

As long as the world is trading in US dollar, nothing will happen to it, people will keep buying US dollar.

Why would it be golden opportunity for me ? I am not living in Russia.

Yes, will be golden opportunity for you to load up at that time, because dollar will be sold by the kilos.
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[hans]

USA lost it glory ... way back.

I bet my sweet Re1 .... USA can't afford another cold war.

If china steps in days r numbered.

USA created Taliban to bleed both china and Russia. Both now r closing in on the US... and its interest.

Arabs kings r pissing in there pants.

Just wait and see... How this wahabi golden age comes to an end....
Built for a 1000 years ... will end in a few years.
Sunni sect will be free of these wahabi killers soon.

 

[Star Gazer]

USA lost it glory ... way back.

I bet my sweet Re1 .... USA can't afford another cold war.

If china steps in days r numbered.

USA created Taliban to bleed both china and Russia. Both now r closing in on the US... and its interest.

Arabs kings r pissing in there pants.

Just wait and see... How this wahabi golden age comes to an end....
Built for a 1000 years ... will end in a few years.
Sunni sect will be free of these wahabi killers soon.

I think you are too immature. Wahabi is a way of thinking not killing.
As for Sunni,Wahabi divide it is only because of the political reasons and not because wahabi or sunni are enemies.

 

[shassan655]

I do agree that there will be allot of volatility for Dollar, but I sincerely do not thing it will Crash. Oil is traded in US-Dollars, If OPEC announces that it will trade oil in Euro, then definitely it will Shake the Dollar. But US would never let it happen.

Look at Saddam, he started trading in Euro. Look at Qaddafi in Libya, what happened, Democracy but butt...Qaddafi, was pursuing his African Nations League to trade in Gold, which African has in abundance.

I am thinking of buying Gold and I have a speculation, the more GOLD you buy, you will get allot better return in the next 10 to 15 years then if you had bought Stocks, Treasury Bonds, etc.

 

[Sohail Shuja]

If only inflation could trigger an economical crisis, then I think we would never have been able to count Japan as one of the world's most vibrant economy, same goes true for the France and Italy in their times before the EU as the French Franc and Italian Lire were always less than a rupee... but still they were and are world's top most economies..... Economic fundamentals rely heavily on the volume of trade.... so if Russia sells its dollars, it will depreciate its own assets and hence would have a negative impact on its own economy. On the other hand, if the dollar goes down, the US exports will be cheaper for other countries to buy and the imports will be more expensive. Therefore, the economic turn will increase the export and lessen the imports. The total effect on economy (balance of trade) will be positive.

I think it is just a naive opinion that this has a potential to damage the US economy. US economy is now thriving on oil money from Libya and Iraq as Iraq has again become the world's top most oil exporter. So, it is the resources that matter, not the paper money. I mean in my point of view, if the US Fed reserve increases the inflation before Russia could sell its dollars, the value of the Russian assets will decline automatically. So, from this perspective, I personally think that US still has maintained its position in the driving seat.

 

[blatant]

beautiful uninterrupted sleep....let the dreams roll on :)

Russian assets will be frozen anyway. If the start selling. Who would they sell if nobody in the world is allowed to trade with Russia?

even if they are allowed to sell would it not be a self goal as the more they sell dollars the lesser value they get for their remaining reserves which I don't think are that much anyway.

if the news had a slightest of weight we would see gold prices shooting up but gold prices have been struggling.

 

[jaanmark]

nothing going to damage the US economy, as long as just empty promises on the notes and people still believes on it.

Take it easy , do as Obama do. just talks and talks on TV

 

[United4Pak]

beautiful uninterrupted sleep....let the dreams roll on :)

Its not dream if u open your eyes it is reality happening already. Assets are being frozen. Gold price has not changed.

why not you enlighten us what you think?

 

[crankthskunk]

Russian assets will be frozen anyway. If the start selling. Who would they sell if nobody in the world is allowed to trade with Russia?

even if they are allowed to sell would it not be a self goal as the more they sell dollars the lesser value they get for their remaining reserves which I don't think are that much anyway.

if the news had a slightest of weight we would see gold prices shooting up but gold prices have been struggling.

Just a curious question, which world do you live in???????

 

[Mikkix]

only thing that can hurt US by Russia is to stop doing trade in dollars and continue operations through currency swap or swaping their goods or services with countries like China, Iran, Venezuela, Korea and Central Asian republics and India. But question is do these countries agrees on it?
I dont think so unless China, Arabian countries may call US to payback their loan but in this case US will and MUST SEIZE dOLLArs for international trade and launch a new currency on their back. So win win situation for US :)

 

[blatant]

i thought i had my eyes open wide

i am more tempted to listen to pundits like max keiser and few others to tell me of financial fates and issues with currency regulation. Your views SURPRISINGLY are in very stark contrast with most of them.

:)

Its not dream if u open your eyes it is reality happening already. Assets are being frozen. Gold price has not changed.

why not you enlighten us what you think?

 

[United4Pak]

Just a curious question, which world do you live in???????

i have been reading your predictions and analyses on this forum for a long time and i definitely don't live on your goo goo gaa gaa land.

 

[United4Pak]

i thought i had my eyes open wide

i am more tempted to listen to pundits like max keiser and few others to tell me of financial fates and issues with currency regulation. Your views SURPRISINGLY are in very stark contrast with most of them.

:)

If pundits were so good we would at least have some warnings of the great recession and not be in this situation where we are now. Anyhow, this is my analysis and not the word of god. If I am wrong then I am wrong but I don't feel that dollar is to go down as it has been predicted for the last 20-25 years. If it was to happen then it would mean a new system is to replace which we don't have. Neither from Russia, China nor from any muslim country. Therefore, all this talk of great collapse is just talk until there are any signs of things happening. Funny thing is that there are some pseudo intellectual who enjoy the benefits of this American dollar, capitalist economy and the jobs in financial industry while sitting in their drawing rooms in the west and predict the downfall of dollar. How ironic is that? It is rather a wish than actually is the case that they tend to paint. I don't want to judge but what benefit do they get out of it is beyond me that they come on line and predict a downfall probably to get some quick bucks in teh money exchange trades.