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


To: Real Man who wrote (12327)10/4/2008 12:30:32 PM
From: ggersh  Read Replies (2) | Respond to of 71479
 
Vi, could it be that Mish is right in regards to all the money being created is going to lala land.....In otherwords the CD,s are all worthless, but banks are trying to raise capital to pay them off, everything was off budget so never really put into economy,.....

And since Banks are hoarding all dollars, Asset prices have to then come down as there is no way to buy any of them,

and then on the other hand you if you have enough dollars you can buy anything....

Just a thought on how I see deflation. Gold and silver will be worth what it takes to live...and dollar no matter what price it has is good enough to wipe an A##....BWDIK



To: Real Man who wrote (12327)10/5/2008 12:21:33 AM
From: loantech  Read Replies (1) | Respond to of 71479
 
And gold stocks?