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: GST who wrote (24468)	11/19/2009 3:07:45 PM
From: Skeeter Bug	1 Recommendation Respond to of 71446

>>It was a political coup in the US to get Congress to write a blank check for our banks -- and the way to get that done was to convince people that we were all about to die if there was no blank check written within 24 hours -- no need to think about it, just do it.<< GST, i agre with your analysis. however, note their methods. instill fear, take money. now, i believe they need more money for 2010. the question then becomes, how they instill fear and when. i think we see the unlimited debt card in Q1 and it kicks the market in the teeth. they claim the unforeseen bad economy means the banks need more moulah and they extract it. again. not to mention they trade the ups and downs. the end game is inflation. i see at least one more deflation scare before mega inflation kicks in. i'm not convinced that gold falls much this time as people may well race into gold as well as dollars. the stocks could get beaten down a bit, though.