The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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From: gregor_us	11/16/2009 1:22:57 PM
	8 Recommendations Read Replies (5) of 71456

This precious metal bull market that is brewing here is actually quite reluctant and orderly. Thus, I have to note the contrast between the public perception, and what's actually taking place in bullion, and in the equities. Obviously there's a ton of resentment and suspicion about the bull market in PMs because of the crisis, the political weakness in leadership worldwide, and the dawning realization that US Empire is similar to Britain's in 1949. At the moment, there is only one western style leader I can find that I respect: Rudd of Australia. Nobody's perfect, but the policies and the words are at least in alignment. It makes sense that their currency is strong, overall, to boot. Good for the Australians. They have always worked hard. This bull market in PM's is just getting started. That said, I anticipate a battle royale for the USD when the USDX gets near .7000. G PS: Marc Faber out overnight asking a poignant, intriguing question: "What if the breakout in gold above 1000 is like the INDU when it finally broke out in 82/83 after going nowhere since 1966?"

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