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

To: Real Man who wrote (5729)	4/1/2008 9:28:26 AM
From: NucTrader	Read Replies (2) \| Respond to of 71402

Theoretical question for ya. I accumulate or own a lot of the yellow metal (Fort Knox, which in reality may be empty, of course). USA is first in the world to return to the gold standard. $2,000 USD per ounce. That would make a lot of our debt around the world relatively worthless, provided of course we had ample gold reserves to back up such an exchange rate?

To: Real Man who wrote (5729)	4/1/2008 11:55:48 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 71402

Well, this is how it works: -Declare Armageddeon, and make some interesting assets along the way a steal -Lower Rates and fill people up with clown bonds -declare a new Gold standard "an ounce a day keeps the hunger away" -Sucker in a lot of shorts at already deflate prices... -sell inflated puts to the others but then, as elections approach -expand the TAF facility indefinitely -hike the rates -collect put premiums and buy stock -abolish the clownbuck system in the process -ensure that clowns are appointed at all other CBs -teach them how to efficiently devalue a currency -make them buying clownbucks as needed ...