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Strategies & Market Trends : The coming US dollar crisis

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To: DebtBomb who wrote (23649)10/21/2009 10:51:32 PM
From: the navigator1 Recommendation  Read Replies (1) of 71407
 
the exit will be very small

chris martenson just did a very good piece on what will happen when the moneyed folk realize where the dollar is going and decide to exit and just how small that exit window will be when the big boys try to get through it all at once.

chrismartenson.com

No Exit - The Coming Wealth Trap

what i like about his writings are the level of detail, research and documentation. here is an excerpt:

My analyses have been trending towards trying to predict where and what the wealthy will do once they see that the old model is broken. This is a partial explanation for why I continue to be an advocate of gold, as it represents one of the larger monetary doorways out there, although it is pathetically small compared to the piles of paper wealth that currently exist.

When the wealthy begin to try and crowd through a variety of entirely too-small doorways, we will all experience this as “inflation” and “rising prices” in some things and declining prices in the paper assets being sold. Like today, it will be a mixed bag, making for a challenging investment environment.

Large portions of wealth, jammed up at the doorways, will be lost entirely. Other wealth will squeak out of the doorway and be late to the party. Only the early money will have any realistic chance of being preserved.
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