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

To: RJA_ who wrote (9895)	8/6/2008 6:51:05 AM
From: TH	Read Replies (1) \| Respond to of 71456

RJA, I am familiar with Bart's work on the ECB gold sales and IMO, it is a proof of Central Banker focus on preventing a substantial rise in the POG. Can we beat them? I am not as certain about that. I hold the opinion that the Central Clowns (irrespective of which country they call their own) believe they are above the rules of free markets. They justify this of course under a premise that they are providing stability for their people. In short, I think there is no end or limit to what they can and will do to achieve their objectives. And they fear gold more than anything except perhaps deflation. Here is something scary. Even Heinz is concerned that gold may suffer a serious setback. Message 24823847 As for Vi's experience in Russia, well I certainly respect that, but America is not Russia. It is in every countries best interest to have a strong dollar and strong US consumer. I have long held the belief that the consumer is the real key to the game. Once awareness increases that the US consumer is dead/tapped out, then and only then will the game change. IMO the stimulus checks were exactly about keeping the perception that the consumer was spending still alive. Thanks for your thoughts. TH