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Strategies & Market Trends : The coming US dollar crisis
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To: dybdahl who wrote (7443)5/18/2008 3:49:30 PM
From: Real Man  Read Replies (1) of 71475
 
You can say that about gold, although it is inherently a
protection against currency devaluation. Gold does not
have a yield, nor does it produce anything. You can't easily
print gold, though, and that's it's story -g-

Dollars were a very good investment in 1993 Yugoslavia and
1923 Germany. We don't have an honest inflation data, so who
knows. Williams attempts to reconstruct the honest data, and
arrives to a similar conclusion - inflation in USA is running
at 12% per annum. The real GDP only briefly went positive in
2004.

shadowstats.com
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