The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: carranza2 who wrote (49224)	1/5/2013 9:36:22 PM
From: Tommaso	Read Replies (2) of 71456

I have just read much of "Currency Wars" for the third time today. Can be had on Kindle. Must be read. The summaries of what happened 1921-1933 and 1967-1980 are so objective and well documented that the analysis of what is going on now and what may happen seems hard to disbelieve. Things could be worse. Nuclear armageddon threatened in the 1960s was much worse (could still happen). The American Civil War was worse. World War II was worse in many places. Things are worse in Syria right now and other places as well. But purely in terms of monetary and financial arrangements. what is going on world-wide has never been worse. It's been worse in individual countries, but never for the entire world. What really scares me in "Currency Wars" is a prediction of a 90% windfall profits tax on gold. I would think that such a penalty would be much less likely on, say, the stock of a Canadian gold mining company. But governments have done all sorts of insane things. At one point my government wanted me to go kill Vietnamese even if it meant getting killed myself. That was the law. So if my government could take my life when it pleased, it can take my gold when it pleases.

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