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

To: RockyBalboa who wrote (9153)	6/20/2008 2:32:04 PM
From: The Wharf	Respond to of 71406

Long term yes only if the increased costs in gold producing countries sees no relative "deflation". Deflation in newly growing nations i cannot see. Growth demands supply. Deflation to me is the result of increased currency to avoid default. It is just about impossible for me to project decreased wages in growing nations. Debt base here is too high it forces wage increases and to ease this situation is very difficult to do. I could be way off here but it seems to me it not wise to sell gold. If you think of the US as a scale on one end you have possibility of high inflation and on the other is a very huge debt problem . The balance appears to me to be very delicate so it won't take much to tip the scale in either direction in my opinion. i just can't see deflation happening in Asia and certainly can understand the why of the Euro. China due to the earthquake is going to have additional pick up in internal growth. I agree on Euro and I thank you.