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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (167388)5/12/2009 9:03:08 PM
From: koan  Read Replies (1) | Respond to of 362864
 
Boy, the dollar has really been falling hard and the metals have been smoking. Last thursday the long bond got crushed and then on Friday the dollar fell almost 2%. And the dollar is still falling.

My theory is that they will devalue the dollar about 40% (what most countries did in the great depression-FDR devalued 46%) starting at 88. See kitco below and click on the top left tab and then scroll down and look to the left where you can see the dollar is now about 82+:

www.kitco.com