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

To: Real Man who wrote (25602)12/16/2009 7:33:36 AM
From: DebtBomb2 Recommendations  Read Replies (1) | Respond to of 71475
 
It's all propaganda. Re-wind....March 2003....dropping bombs on Iraq. cnbc says now the dollar will skyrocket and gold and oil will crash. Additionally they said, don't buy gold because it's what terrorists like and use. Gold was like $275.
They want you to keep buying paper crap. It's simple. If you keep buying printed paper crap, they can keep on printing and looting.
Buy gold....it will blow up the banks....they're short. ;-)
China wants it bad baby....sooner or later....they'll have to give in and exchange clownbucks for gold.
IMHO.



To: Real Man who wrote (25602)12/16/2009 10:16:17 AM
From: Paxb2u1 Recommendation  Read Replies (1) | Respond to of 71475
 
Vi---What happens to printing and gold if/when the FED announces a change in interest rates? Would gold(and the equity mkts) head down initially? Wouldn't the $ rebound ? If these things are true, why would gold continue up after the initial reaction? Would gold decouple from the $ ? I like gold for the long term but just trying to lay out some sort of scenario. TIA Peace


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