SI
SI
discoversearch

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 coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (20814)6/12/2009 11:26:27 AM
From: Real Man  Read Replies (1) | Respond to of 71456
 
Not yet anyway. They could get worse than back then since
the credit bubble was much bigger with a mountain of
derivatives on top. The mountain is still present, it
has not detonated, it was put on life support by QE.
The next logical stage of this collapse is the failure of the
Fed. But the Fed can't fail? Yes, we can. In fact, that failure
is already present.

The two alternatives are:

1. The bubble will get ever bigger, resulting in hyperinflation

2. It will collapse through bankruptcy of the country,
Argentina way.

Given that (2) seems to be now always countered by QE, (1) is
the only remaining option. I'd give (2) some chance too.
(1) will seem like recovery at first. Then all prices will
go ballistic.



To: Tommaso who wrote (20814)6/12/2009 1:08:58 PM
From: Real Man  Read Replies (1) | Respond to of 71456
 
I'm buying my gold stocks back today, in part. Lightened up
substantially at HUI=400.



To: Tommaso who wrote (20814)6/12/2009 1:56:32 PM
From: benwood  Respond to of 71456
 
Excellent point and reminder, Tommaso.