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


To: Paxb2u who wrote (25555)12/14/2009 6:11:09 PM
From: DebtBomb  Respond to of 71456
 
Who knows....they come up with schemes unheard of....here's a scenario that could be similar to a bank holiday, markets frozen, and dollar devalued:
The Day the Dollar Died
johngaltfla.com



To: Paxb2u who wrote (25555)12/14/2009 8:03:49 PM
From: ayn rand  Read Replies (1) | Respond to of 71456
 
got silver?

Silver Set To Soar As It Did In The 1970s

Silver remains very undervalued on a historical basis (charts below) and is undervalued even against gold. While gold has begun to receive some interest from a small minority of retail investors, silver remains the preserve of relatively few contrarian investors and the media and financial press rarely, if ever, covers silver.

And yet silver is quite likely in the intermediate stage of a bull market that will rival or surpass that of the 1970s.

After an 18 month period of correction and consolidation, silver looks set to challenge that high in the coming months.

We continue to be bullish on gold and particularly silver and believe that silver will likely surpass its non inflation adjusted high of $48.70 per ounce and its inflation adjusted high of some $130 per ounce in the coming years.

goldcore.com



To: Paxb2u who wrote (25555)12/15/2009 9:51:28 AM
From: Lhn5  Respond to of 71456
 
How would a major devaluation of the dollar affect China? Europeans are already blaming the dollar for business moving from Europe to the US. May there be a time, now or soon, when FXP is a good investment...the double short China ETF? Also seems like China's stimulus program actually worked but did they build buildings to sit empty and bridges to nowhere?