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

To: axial who wrote (20989)6/26/2009 2:08:59 PM
From: RockyBalboa  Read Replies (1) | Respond to of 71456
 
Now this is an interesting statement; applied to financial health it simply means, do not trade at all. Don´t buy the EUR, and don´t buy the clownbuck.



To: axial who wrote (20989)6/26/2009 4:44:30 PM
From: Real Man  Read Replies (3) | Respond to of 71456
 
There are choices.

The USD can either go down either to a finite value or to zero.

So far Ben has already promised to devalue the dollar by 2/3,
and that QE is now in process. It was done to prop derivatives
that blew up, along with 11 Trillion in guarantees.

However, if the derivative Ponzi scheme gets propped by the
printing press forever, the dollar will go to zero. So
far we are on the road to zero, IMHO, and it may come faster
than many suspect.


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