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Strategies & Market Trends : The coming US dollar crisis

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To: benwood who wrote (25539)12/14/2009 11:58:09 AM
From: DebtBomb  Read Replies (1) of 71456
 
Schemes unheard of....who knows. I see gold $1500 by March 1st. Just my opinion.
Dow/Gold ratio meets at 1. Gold could hit $10,000....who knows.
In the 70's gold went from what? $50 to $850?
This run could go to $4500 based on something similar....me thinks higher though....everything is different now.
The Fed is trapped IMO, ZIRP....ask Vi. They really got their tit caught in the wringer this time.
There's nothing they can do but devalue. There's no way out, IMO. They can't print 106 trillion to fix everything.
They are powerless IMO....except to screw with the dollar.
Just my opinion.
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