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Strategies & Market Trends : The coming US dollar crisis

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From: gregor_us8/3/2009 11:13:52 AM
2 Recommendations  Read Replies (1) of 71456
 
It's too bad Americans don't own anything that can reflate. Housing will only get more crushed in reflation. It will offer no protection at all. Income property in particular will potentially hyper-deflate as a leveraged inverse play on rising interest rates. I see "apartment building bankruptcies" potentially as far as the eye can see.

Land underneath houses could wind up catching a bid.

Anyway, Americans had all decade to buy cheap gold and especially Silver. One could still get Silver now but I don't think the masses will figure it out until we're at 30 bucks.

Just seems a shame that inflating the debt away will actually do something for the govt balance sheet (initially) but will do zero for average Americans. Homes won't rise, wages won't rise, and job growth is nowhere in sight.

Oh, and then there's oil.

G
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