Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: jimsioi who wrote (11904)	2/10/2008 2:23:45 PM
From: GST	Respond to of 29622

The time frame is critical -- the long term prospects for the dollar are grim indeed, truly grim -- the risk on the long end is now even larger than the risk on the short end. We are unwilling and unable to pay the freight for investors to risk being in dollars and it will continue to wipe out the dollar -- as it has for the past few years. From peak to bottom it is likely the dollar will lose 70% or more against other currencies -- in many cases we are more than half way there. For the privilege of seeing your assets wiped out, we offer to pay sub-par short-term rates -- it is a joke. The only issue for those who hold dollars is how to get rid of them and how fast. We are approaching the point where the world sees the dollar as a subprime currency.