Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Haim R. Branisteanu who wrote (72391)	2/7/2010 2:08:33 PM
From: Maurice Winn	Read Replies (3) of 74559

Geitner promises to return US$ to $300 an ounce from $1100. <Geithner also stood by a U.S. commitment to maintain a strong dollar. > Look out you gold bugs. On the other hand, he might be telling fibs and they have no intention or means to return the US$ to a "strong dollar". Or, he might simply mean compared with the desperately diluted state-run fiat fantasies of Japan, Britain and the rest who are in a currency race to the bottom, hoping to head off Zimbabwe which is in the lead. The US$ has been irredeemably weakened by the look of it, with umpty$trillions splattered from horizon to horizon. Mqurice

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