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To: loantech who wrote (389411)6/26/2009 12:06:32 PM
From: Real Man  Read Replies (1) | Respond to of 436258
 
Thanks. I have this chart in the head of USD crisis thread.
It's inverted monthly POG, or the value of USD in gold
(the correct way to plot gold). It is dead linear, going
to zero in mid-2011, with all implications of that.

So far uncle Ben confirms it. He devalued the dollar by 2/3
effectively, by jamming the monetary base by 210%. Well,
he promised to do that, hasn't jammed to the full potential
yet. 30 billion a week monetization, every week. Gold
should really go to 3K minimum fundamentally, but
"they" are holding it back. <G>

I simply don't know what happens to US stocks. The country
is in economic depression, but the printing is enormous and it
can support the stock market. In fact, this is exactly why
it's going higher now. To a degree stimulus does work,
but with reservations - we'll see much higher inflation.

fx.sauder.ubc.ca*&fd=1&fm=1&fy=2001&ld=31&lm=12&ly=2009&y=monthly&q=volume&f=png&a=lin&m=0&x=