The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: GROUND ZERO™ who wrote (41648)	9/9/2011 8:02:06 PM
From: GST	4 Recommendations Read Replies (1) of 71447

<realistic likelihood of a major default of some kind in Europe within the next few months> High -- but it requires Germans to have a change of heart about QE -- they must be willing to inflate the supply of Euros to bail out their own banks -- and they are today on the path to reach that destination. Europe resisted QE -- but they can do it no longer. Greece will fall. German and French banks will be flooded with fake capital from the ECB. Then they will try to pretend that Ireland, Portugal and Italy will not go the same way. This is major financial head trauma -- and it is coming. The dollar will swell up -- but take any realistic look at the dollar and you see the same problems as Europe, only worse. Europe is going down first -- the dollar will have to wait its turn. And Gold? Soon enough $10k won't sound so crazy. Buy the miners -- they will lead the way.

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