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Strategies & Market Trends : The coming US dollar crisis

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To: Cogito Ergo Sum who wrote (19813)4/19/2009 2:09:35 PM
From: Tommaso1 Recommendation  Read Replies (1) of 71456
 
All that's happened with both oil and the loonie is that a world-wide panic and flight to safety has caused a stampede into the dollar and U.S. treasuries, causing the biggest bubble of them all: the Great Dollar Bubble of 2008-2009.

Just as tech stocks and then the general stock markets were finally perceived as the mere paper they were, and houses were finally perceived as overpriced and overindebted, the dollar will be recognized as vastly overvalued paper. The supposed commodity bear market is just a respite in an inflationary upward march, of which the price of gold is a fairly good proxy:

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