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Strategies & Market Trends : The coming US dollar crisis
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From: gregor_us2/4/2010 9:05:51 AM
3 Recommendations  Read Replies (1) of 71475
 
We are getting close again to those 100 dollar upside days in gold. I think it's finally time to see some big dumping of sovereign debt, all of it. There's simply no such thing as "safe" sovereign debt. Rushing in to hide in one sovereign just means the market comes for you next. In other words, at the very moment money decides that, say, UK Gilts are safe--then they are not, in the moment immediately thereafter. And there's a mild stench also coming from USTreasuries.

G
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