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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: philv who wrote (22723)3/21/2005 3:34:26 PM
From: sea_urchin  Read Replies (1) of 81078
 
Phil > The howls of frustration and anger from the gold gurus such as Sinclair, Embry, etc. together with their predictions of even higher prices in the near future are easily predictable.

Here's another one -- from the repository of goldbug dreams -- Kitco.

kitco.com

>>A tsunami of dollar selling is about to begin, and will make the recent dollar decline seem like a small bump in the road.

It may take a few months for this to play out. You may have time to buy silver at under $10/oz. for a few more weeks or months. But after GM declares bankruptcy, which may take between 3 months to a year, get ready for the dollar to crash by more than 90% in the following 6-12 months.

Germany's hyperinflation in the 1930's took about a year and a half. Recently, Argentina's took place nearly overnight. Who knows which way the dollar will die, whether a quick death, or a more slow and painful one?

Either way, the dollar is dead. Long live gold and silver!<<

So, don't let the present little flutter in the USD concern you. Whichever which way the dollar dies, it's already dead, Kitco has told us. Go gold. Long live gold and silver. Down with the dollar. Down with fiat money. Down with Greenspan. Down with the Federal Reserve. Down, down, down....................
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