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

To: stsimon who wrote (17984)2/28/2009 11:33:42 AM
From: Tommaso12 Recommendations  Read Replies (1) | Respond to of 71456
 
>>>Personally, I find betting on the destruction of the U.S. dollar to be more of a fantasy trip for survivalists rather than a reasonable investment strategy<<<

Personally, I find that betting on the destruction of the U. S. dollar is more like betting on the continuing operation of the law of gravity.




To: stsimon who wrote (17984)2/28/2009 11:01:20 PM
From: GST5 Recommendations  Read Replies (1) | Respond to of 71456
 
The Fed is powerless to stop the collapse of the dollar -- unless the Fed can suddenly wipe clean the slate of what we already owe to foreigners, what we have promised to retirees, what we spend in public consumption that we do not finance from taxes, and what we buy from abroad in excess of what we sell. If the Fed can reverse all of this, then the Fed can control inflation and the fate of the dollar. Otherwise, the fate of the dollar is not in the hands of the Fed.



To: stsimon who wrote (17984)2/28/2009 11:02:52 PM
From: Real Man  Read Replies (3) | Respond to of 71456
 
Dow/gold ratio declined from 43 in 1999 to 7 in 2009. During
that time gold quadrupled, gold stocks increased 10-fold,
while the DOW was cut in half. Is 10 years long term? Nikkei
declined from 38000 in 1989 to 8000 in 2009. Is 20 years
long term? The bottom of DOW/gold ratio was around 1 or 2
in the past century. Thus, one has to conclude, only the
dividends in the DOW correspond to real long term return.
P.S. The DOW/gold ratio is currently at 7, lower than where
it was when I was born. Is that long term? <g>




To: stsimon who wrote (17984)3/1/2009 2:16:53 PM
From: LTK007  Respond to of 71456
 
i am not a survivalist, i make a point of that, i do not even own a gun, but i am not in oppostion to my intelligence.

Your remark is an insult to people that simply have the capacity to think, that can see the immensity of rational deduction behind the argument for the eventual death of the dollar.
Sir you best come up with reasons for your view rather than petty remarks. Max


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