The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: John Vosilla who wrote (5520)	3/26/2008 11:06:23 AM
From: Real Man	Read Replies (1) of 71403

We'll see what the COT reveals this Friday. Last week it was pretty bipolar, so such sharp corrections should be expected, especially during this time of the year, when physical demand is not so hot, April through August. Usually they end when physical demand re-emerges, and it did last week. It's a correction in an interim bull market, IMHO, gold is going higher still. 321gold.com The wild card is the public slowly realizing how quickly the dollar is falling and jumping on the gold train. The investing public is definitely not on it right now. If they do, $1K gold will not be bubbly, we have to get a gold bubble still. In my view, a collapse of USD as the main (65%) reserve currency will lead to an enormous gold bubble eventually, rather than a shift to foreign currencies.

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