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


To: Real Man who wrote (23029)9/24/2009 1:03:57 PM
From: GST3 Recommendations  Read Replies (1) | Respond to of 71477
 
He is predicting a collapse in the credibility of the dollar -- that is not far fetched in my view.



To: Real Man who wrote (23029)9/24/2009 1:14:06 PM
From: DebtBomb  Read Replies (1) | Respond to of 71477
 
Maybe they cross at 10,000. The dow doesn't have to drop then. ;-)



To: Real Man who wrote (23029)9/24/2009 1:26:30 PM
From: DebtBomb1 Recommendation  Respond to of 71477
 
Faber thinks stocks aren't that overvalued here:
1. dollar is worthless
2. cash is trash....no return on savings
3. 100% sure we're going to hyper-inflate
Some are staying long until:
1. oil hits $125 again
2. fed hikes rates
At some point, like in 2007-2008, I think U.S. stocks top, and oil and gold keep on going. My guess would be at about oil $125? maybe in 2-3 years?



To: Real Man who wrote (23029)9/24/2009 4:24:55 PM
From: Tommaso  Respond to of 71477
 
I think I would be shifting back to stocks at DOW/GOLD= 2 myself. Like gold at $2500 and Dow at 5000. Especially if I could get low P/E stocks with 8% yield.