SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Real Man who wrote (28578)5/11/2010 5:38:28 AM
From: maceng26 Recommendations  Read Replies (2) of 71475
 
Bought some more euros as the last lot got stopped out.

My view is that it's all crap. ALL OF IT. Interwoven and highly sophisticated financial instruments but plain crap all the same.

One type of crap cannot be allowed to get much higher or lower then other crap as it's makes the whole system even more prone to total failure. Trade between countries is disrupted if valuations between various types of crap become too severe.

Volatility between various types of crap will go up as time goes on.

It's all going to zero except for gold and silver, but not for the want of trying by the CB's -g-

Thats it. My monetary thesis in a nutshell -g-
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext