The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: GST who wrote (11935)	9/28/2008 1:36:38 PM
From: Tommaso	Read Replies (1) of 71454

The charts from the Fed show that monetary inflation has already happened, on a huge scale. It can take up to two years for the full effect to work its way into prices and even longer into wages. Will you be making any changes to your financial holdings? What do you recommend? Gold seems the standard thing, though like a lot of other people I am kind of spooked by the violent gyrations of recent days. I already have large gold exposure anyway. I think, however, that I may (to my regret) go on and accept losses and get out of the leveraged agricultural fund DAG. I think the ag commodities are sure to rise, but that DAG is an ETN spoensored by Deutsche Bank, and Deutsche Bank's capital base is very highly leveraged. DAG is unsecured senior debt and would simply vaporize in a bank reorganization or collapse. Other less risky ag plays have also fallen a lot. I may put the money into MOO, an ETF invested in an array of agriculture-related common stocks, which also has good international exposure. It appears that our entire government is conspiring to prevent a stock market collapse, so MOO may be a decent speculation. Maybe even an investment.

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