The coming US dollar crisis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The coming US dollar crisis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: gregor_us who wrote (14214)	11/9/2008 10:20:56 AM
From: Tommaso	Read Replies (1) of 71402

To the extent that the level of the dollar is the inverse of oil (and perhaps gold and food prices as well) this item may be significant: NEWS ALERT from The Wall Street Journal Nov. 9, 2008 China's government set plans for 4 trillion yuan, or $586 billion, in spending and stimulus measures through the end of 2010 aimed specifically to target people's livelihood in an effort to offset the impact of slowing global growth and unlock the spending power of its vast population. If some of the "spending power of its vast population" goes to bacon, gasoline, and to increasing a small stash of gold as an inflation hedge (instead of bank deposits and ultimately U. S. T-bonds), those items may rise in price and rise even faster with every downward tick of the dollar. That's the way I am going to bet, anyhow.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next