The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (31649)	11/3/2010 6:42:06 PM
From: Real Man	Read Replies (2) of 71445

I don't expect drastic moves up in any market, but then who knows. We are in uncharted territory. Gold could easily do a 1979 on us. There are manyfolds in monetary base expansion thanks to Ben, but due to all that unpaid debt in the system stuff became multidimensional and complex -g- He just increased the base 5-fold or something. That means some stuff could potentially be up 400-500%. The scariest thing - he is not done yet, and there is little indication anything but putting him tied up on the path of a freight train will stop him! I am with Jesse, Schiff, and Dr. Doom aka Faber, expecting the dollar to be devalued more than 99% over the next few years. This puts gold at $100,000 or more. This kind of devaluation is NOTHING unusual for countries in crisis, Ben is of course the source, and he is nuts! In fact, it is rather mild. So, .... we are scroomed.

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