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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: SARMAN who wrote (1188)	9/28/2007 3:01:03 PM
From: Tommaso	Read Replies (1) \| Respond to of 71455

>>>would the dollar be worthless?<<< If the dollar is worthless, then gold is worth an infinite number of dollars. Why did you stop at $1,000? For a more serious guess, I am now awaiting delivery of the economic history of France that I ordered. The successive devaluations of the French franc through much of the 20th century might offer some clue as to what the U. S. might be embarking on. France was, during that period, a formerly great European power still full of presumption as to its importance in the world. It was very far from being a close parallel to the U. S., but there may be enough similarities to make some estimates. France did in fact have its own Vietnam war, literally, which it lost, and then a protracted involvement with Algeria, which it finally had to abandon, coming close to civil war in the process (late 1950s).

To: SARMAN who wrote (1188)	9/28/2007 10:44:59 PM
From: stockycd	Read Replies (1) \| Respond to of 71455

SARMAN, Since I am a scientist, I tend to look at systems from a scientific perspective. One idea that I studied in an advanced physics Quantum Mechanics class about 15 years ago was the concept of entropy. In the context I wish to use the word it means that the universe will, over time, move to a greater degree of chaos. This seems to be true (in general) for the world and for macro systems. There are peaks and valleys, but overall the world and specifically financial systems are moving toward and ever increasing chaotic state. The entropy of a system is only accelerated by greed and "events". Who knows what's going to happen to the dollar or to gold....One things for sure, the forces that dominate the path of any currency or commodity will become more chaotic as time moves forward. The trick is to adapt to those forces and try to make a couple bucks for ice cream on the weekends. cd