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Strategies & Market Trends : The coming US dollar crisis
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To: LTK007 who wrote (17191)2/3/2009 5:28:08 AM
From: Real Man  Read Replies (1) of 71455
 
I am not saying it won't be painful now. To the contrary,
very painful. I just disagree with so many looking at fiat
based charts and crying out loud "1929". No, it's not.
2000=1929 in this cycle. We are in year 1932, and it has
been painful for the middle class for good 10 years now.
We just had a lost decade, are still going down, and
it's unclear where the turn gonna be. As usual, with secular
moves. DOW/gold ratio has room to drop 90% from here to
a real secular bottom, even though it's already down 80%
from the peak in 2000. And, most likely it will! -g-
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