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Strategies & Market Trends : The coming US dollar crisis

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To: TheSlowLane who wrote (24087)11/10/2009 7:00:16 AM
From: Real Man  Read Replies (1) of 71463
 
Thanks. I am looking to enter a diversified junior position
for the mania. It is too Risky to play them individually.
Unfortunately, my expectation for the US currency is rather
dire. I now expect US dollar to lose a minimum of 2 zeroes in the
coming 3-5 years.

No, the Fed has not done it yet (meaning the Fed did not print
enough for that yet), but 2009 sure was a good start, they
devalued the dollar 70%. I fully expect it to continue, since
the government is insolvent and has no other way to pay
for all the programs it invents.

So, Gold and DOW are both going to 6-7 digits. We should see
a gold mania like no other mania soon.
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