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.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (96674)	8/26/2008 5:14:23 PM
From: GST	Read Replies (2) \| Respond to of 110194

<you seemed to be suggesting as far back as 2006 that that was the logical thing to do.> You are of course completely wrong on this -- I have never said anything like that at all nor have I ever suggested shorting treasuries -- not even close. What I have done for many years is to say that being out of the dollar is better than being in the dollar -- and that has been true. You can be out of the dollar in many ways -- foreign currency and financial paper, precious metals or a variety of commodities for starters -- and of course foreign real estate in the earlier stages of the sad decline of the dollar. These are all plays on dollar weakness and raging US inflation made worse by the insipient decline of the US economy. You seem oblivious to how far the dollar has fallen over a period of many years. Treasuries have been inferior to bonds in euros, Canadian dollars and many other currencies. The dollar is in a long-long term decline -- and it will continue. Holding anything in dollars means you own something priced in a currency with a bleak future.