The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Activatecard who wrote (25400)	12/10/2009 4:12:16 PM
From: Real Man	1 Recommendation of 71456

The dollar is supposed to have a large bounce on Sovereign problems in Dubai, and especially Greece and Spain downgrade. Gold was supposed to sell off at 1K. Note where gold was at the time of the announcement of IMF gold sale on September, 18: imf.org Hint: At a major resistance and March 2008 high. The IMF sale was a standard gold suppression scheme. US credit rating agencies Sovereign downgrades are a standard dollar boost scheme. US is the biggest World debtor, enjoying AAA Sovereign rating due to the fact that most of its debt is off balance sheet. Both methods worked in the past and in 2008. Severe problems could arise when these don't work. IMHO. BWDIK?

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