The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (9825)	8/2/2008 6:37:09 PM
From: LTK007	Read Replies (1) of 71456

Faber(newsletter 8/1/2008) has a chart showing the U.S. Seasonally Adjusted Monetary Base has EXPLODED upwards from 852billion going into May to 872bilion as of now, on chart it looks like a ROCKET SHOT to Da Moon ascending line. Also a chart showing that since 1980 Total-Debt to GDP ratio as been rising also relentlessly/witldly such that it has risen from 1.3 to 1 in 1980 to presently 3.50 to 1. Faber has a ! at end of statement.Max P.S.His remark regards GOLD on noting those charts i quote precisely "I still like GOLD in a safe deposit box--especially i look at Figure#3 and Figure#----but I wished gold would break down to around 800 level in order to provide a better entry point. The figure#3 ansd #12 are the charts i refer to above. i also stress regards gold he uses words "he wishes", he does not say it will go to that level.

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