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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: NOW who wrote (36911)	11/29/2004 9:33:45 AM
From: Rarebird	Read Replies (1) of 206110

<will it oneday crumble....my bet is yes> When the US Dollar does crumble, and if it crumbles very badly, it will smash everything else except GOLD. When will it happen? It will take place when the US can no longer borrow. It astonishes me how naive most Americans are. The day is coming when the US Treasury sets forth on one of its regular refundings - rolling over old debt and rolling into new debt as well as borrowing more - only to discover that there are no longer any of the foreign buyers there which they have taken for granted for so long. China has clearly had enough and Greenspan has set off some alarm bells in Frankfurt last week. No, I'm not saying this event takes place tomorrow or next week or even next month. But the handwriting is now on the wall and the odds of it taking place are quite high moving forward over the next 4 years. The time to prepare was yesterday. But there is still some time left.... All I have is Time until I die.

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