The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: orkrious who wrote (88462)	11/5/2007 1:51:06 PM
From: Horgad	Read Replies (2) of 110194

"...contracting credit means most everything goes down (except gold of course)." The question that has been bothering me forever is which would perform better in such a scenario...cash or gold? Assuming that some confidence can be maintained in the dollar, I could see everything going down against cash even gold. Gold would fall less and slower than other stuff, so it would be increasing in purchasing power, but still falling against the dollar. Or do you think that since the dollar is now really just a worthless IOU that it will blow up with all the rest of the debt and only gold will be left standing?

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