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Strategies & Market Trends : The coming US dollar crisis
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To: Tommaso who wrote (6159)4/15/2008 6:04:47 AM
From: Real Man  Read Replies (1) of 71475
 
There are calls for debt monetization, exactly what the
Fed did when they took Bear's debt on their balance sheet.
So far it's not happening en masse - the Fed does not print,
they know better. They even drained the currency a bit. They
are very afraid of what their rates drop already did to the
dollar.

In the end, they will have no other choice, and when they start
massive monetization, gold will take out 1K, 2K, and 3K in
no time at all....

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