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

To: Real Man who wrote (25605)	12/16/2009 7:47:12 AM
From: DebtBomb	Read Replies (2) \| Respond to of 71475

We are past the point of no return, IMO. bernanke said long ago....I will never allow deflation. He also said, I was not going to be the next federal reserve chairman to reside over the next great depression. They will PRINT, and when that doesn't work, they'll PRINT more, and when that doesn't work, they'll even PRINT more. I've got news for him....it won't work. Spending is collapsing with 10,000 baby boomers retiring every single day. And, 5 year financial nuclear bomb option arms are about to blow to hell. They'll have to PRINT until 2022....that's when demographics improve. IMHO.

To: Real Man who wrote (25605)	12/16/2009 1:42:27 PM
From: ayn rand	Read Replies (2) \| Respond to of 71475

Gold's 'Money' Value is $4,000 to $11,000 “Very few people think of gold as money. If you think of gold as money, that level is a range between $4,000 and $11,000 an ounce—that’s the price gold will have to be to support the money supply.” “I’m a deflationary hard-dollar guy but if you’re an inflationist, if you really want to inflate the dollar, have the Fed conduct open market operations in gold and you’ll be a buyer in the gold. Gold will find its level at $4,000—and that’s a 75 percent devaluation of the dollar,” he said. Rickards said he’s been bullish on gold for a while and said he sees gold rising to $2,000 an ounce “without breaking a sweat” in 2010. “That’s on fundamentals without treating it as money,” cnbc.com