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Strategies & Market Trends : The coming US dollar crisis

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From: ayn rand11/16/2009 8:10:02 PM
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Jim Rogers thoughts on gold:
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He sees gold heading north of $2,000 in the next decade

Ben Bernanke should (still) close the Federal Reserve, then resign

He likes the Japanese Yen best at the moment of the currencies, but wouldn't buy it just now

Even if deflation does win the day in the near term, it does seem like gold is destined for $2,000 before this secular commodity bull market is over. If you're an investor, the best thing to do is probably to continue to accumulate gold, without worrying about the price.

As a trader, though, I'd be very cautious about gold in the short term. I think we're at a key inflection point in the inflation/deflation battle, and personally I'm wary that 2010 will usher in the return of DE-flation in a big way.

commoditybullmarket.blogspot.com
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