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Strategies & Market Trends : The coming US dollar crisis

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To: coug who wrote (28049)4/14/2010 11:43:02 AM
From: DebtBomb  Read Replies (1) of 71454
 
Here's the thing....ben is PRINTING into peak oil.
We're about to fall off the peak oil cliff and Cantarell is almost toast.
Matt Simmons is talking $400-$600 oil.
Faber thinks ben will PRINT oil to $700.
Celente said he heard from people all over the world that the elite's plan is to devalue by printing or flat out devaluation.
Here's the other thing....China is worried about their dollars and treasuries. If they figure out they'll never get their money back (like the bank that lent to the guy that bought five mcmansions with no money down and no job), they might pull off the nuclear option on the dollar.
The financial armageddon is coming, IMO.
I'll take equal amounts of oil and gold. ;-)
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