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

To: DebtBomb who wrote (24467)	11/19/2009 2:27:28 PM
From: gregor_us	3 Recommendations Read Replies (3) \| Respond to of 71442

The fear of being in USD cash is approaching a tipping point, and you can tell that the market is finally sniffing it out that gold--and even(gasp) gold equities are potentially less risk, than cash. I don't think this crisis is resolved until significant changes occur in all the traditional "risk" categories. Cash and USTreasuries will have to move to the risk category, and gold, gold stocks, and forex like CAD and AUD to the low-risk category. Once that process finally is well underway, then I think we can look out on the horizon and actually contemplate a return to historical norms. Sadly, I agree with your views. Because I think that what may be inevitable between here and there is some truly awful stuff. We have to have a system reset. And that's not gonna be fun. G

To: DebtBomb who wrote (24467)	11/19/2009 2:42:00 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 71442

I agree... whatever the problems in currency markets are, like early today, gold drops and recovers. That said, currency swings and that of the gold are sometimes gut-wrenching but imo, still a signal of strenght (and $ weakness). The GDX Junior performance could be better but its resilience is nothing to complain. It outperformed the GDX by 2.5% in a sideways market.

To: DebtBomb who wrote (24467)	11/19/2009 3:16:25 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 71442

i vote for whatever makes the bankers the most money. weimar doesn't allow them to loot the treasury as easily and the pitch forks will come out on the politicians. don't get me wrong, we will probably end up there eventually, but i think we hit some curves that benefit the bankers between now and then. plus government sachs can trade the volatility. it is easier and less risky to trade spx 1200-700-1200 than spx 1200 to 2200 (which will likely induce an all out currency crisis well before we get to 2200).