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


To: NucTrader who wrote (5731)4/1/2008 10:23:28 AM
From: Real Man  Read Replies (2) | Respond to of 71402
 
If it happens now, US gold will be quickly gone, even if
valued at $3K per Oz, and I mean Fed balance sheet, not
Fort Knox. If it's still there, of course. Current account
deficit must reverse.

What we are seeing now is utter panic and desperate moves
by the Fed and the Treasury, to save the system from
collapsing.



To: NucTrader who wrote (5731)4/1/2008 10:26:54 AM
From: 10K a day  Respond to of 71402
 
> That would make a lot of our debt around the world relatively worthless, <<

That worries you??? -G-