Max Keiser says $7 tril not enough, would take at least 20

by **Sixstrings** » Mon 24 Nov 2008, 19:09:45

http://www.youtube.com/watch?v=PSTt3wEDSbU

He's also saying the dollar will lose half it's value.

by **cipi604** » Mon 24 Nov 2008, 20:03:33

Max is a smart man with big balls. Regarding the 50% drop in value, he's optimist in comparison with Peter Schiff, which believes will go down maybe more than 80%.

by **mefistofeles** » Mon 24 Nov 2008, 20:42:26

At some point I think the Dollar collapse will be highly disorderly. If the dollar were to lose half of its value, or even 40% of its value in a short period of time, let's say a year, the market for dollars would collapse.

No one, at least in their right mind, would want to hold onto something that's falling like a rock. At that point dollar bills would probably more useful as kindling for fires.

by **Sixstrings** » Mon 24 Nov 2008, 22:13:31

What freaks me out about Keiser, though, is that he's a 911 conspiracy believer. Something about how the towers conveniently collapsed on a building that had all the ENRON records.

So much of the financial things he's saying ring true to me.. when he throws in really controversial views on other things, my brain does a short-circuit.

by **scienceteacher** » Mon 24 Nov 2008, 23:19:48

@sixstrings

What's the problem?

1. Enron documents were held in WTC7
2. WTC7 not hit by plane.
3. Weinstein (owner of WTC7) did say "we decided to pull the building"
4. Building WTC7 collapsed as planned.

It's quite simple really. We've been had.

It's over - bye bye dollar.

Get ready for the ride of your life - starts 1/1/09

Got gold - REAL gold? Bet not!

by **jasonraymondson** » Mon 24 Nov 2008, 23:38:03

$this->bbcode_second_pass_quote('scienceteacher', '@')sixstrings

What's the problem?

1. Enron documents were held in WTC7
2. WTC7 not hit by plane.
3. Weinstein (owner of WTC7) did say "we decided to pull the building"
4. Building WTC7 collapsed as planned.

It's quite simple really. We've been had.

It's over - bye bye dollar.

Get ready for the ride of your life - starts 1/1/09

Got gold - REAL gold? Bet not!

by **Micki** » Tue 25 Nov 2008, 02:25:14

$this->bbcode_second_pass_quote('scienceteacher', '@')sixstrings

What's the problem?

1. Enron documents were held in WTC7
2. WTC7 not hit by plane.
3. Weinstein (owner of WTC7) did say "we decided to pull the building"
4. Building WTC7 collapsed as planned.

It's quite simple really. We've been had.

It's over - bye bye dollar.

Get ready for the ride of your life - starts 1/1/09

Got gold - REAL gold? Bet not!

Max Keiser says $7 tril not enough, would take at least 20

Max Keiser says $7 tril not enough, would take at least 20

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