Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Wyätt Gwyön who wrote (23671)	10/21/2009 4:02:18 PM
From: GST	Respond to of 71475

There will be rampant global inflation and erosion of the purchasing power of many currencies as measured against all commodities and gold -- for a start -- with sharply ascending currency values in countries where there are large current account surpluses -- this will include commodity heavy economies like Canada. The yen is harder to call -- it has been pushed down in value by so many for so long for so many reasons that it might rise like a beach ball held under the water once the downward force is removed. On the other hand, their trade position is falling apart and their population is aging -- it will make it very challenging for them to roll over their silly levels of public debt. For myself, I focus on gold, the Cdn dollar and commodities -- that is where you will see the dollar in free fall.