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

To: Tommaso who wrote (17427)	2/7/2009 10:52:37 PM
From: Real Man	Respond to of 71454

Right. Silver miners and silver both crashed a lot more than gold, but that remains more of a chronic inflation play, since silver is more industrial than monetary. The weird thought? Financials - if we do get hyperinflation, manufacturing will disappear and financial speculators and other crooks will rule the day. Wall Street, what's left of it. Debtors will get bailed out and savers and retirees wiped out. That's a sad story of the bankruptcy of the nation, but it's a possibility. More of the same financial bubbles as we've seen in 2004-2007, as every speculator and their mother get on board speculating on everything that rises in price, effectively just shorting the currency. Just as everyone thinks they can't come back... The problem is, we have been moving in that direction forever (30 years or more?), and unless some drastic reforms happen and policies are put in place to restore manufacturing, we will likely keep moving in the same direction.