Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: AuBug who wrote (44210)	7/9/2007 10:03:57 PM
From: siempre33	Read Replies (2) of 78419

"The dollar will collapse when the Bank of Japan starts raising interest rates and kills the carry trade." Peter Schiff dissects the intentions of the BoJ.... "..the Japanese need to carefully consider what they are doing. They need to ask themselves whether propping up the U.S. economy, merely delaying its inevitable collapse, is really worth the destruction of their own currency and the chaos that would create for their own economy. Do they really want to commit economic hara-kiri just to keep their short-sighted vendor financing scheme going a while longer? Hyperinflation would be the monetary equivalent of an atomic bomb. Will the Japanese really let us do it to them again? If they come to their senses soon, as they must do to avoid this fiasco, this time it will be the Japanese who drop the economic bomb on us!" wealthdaily.net

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