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


To: Paxb2u who wrote (26084)1/6/2010 9:52:23 AM
From: ggersh2 Recommendations  Read Replies (2) | Respond to of 71452
 
Pax, that's the assumed scenario. Gold IMO is a store
of wealth, so it doesn't matter whether it's worth
$500 or $10,000 as all those Dollars are worthless.

Interest rates won't matter also unless they accompany
a reality that they can be paid, which is at the heart
of the whole matter. All the debt in the world can't be
paid, period. EOS.

As for hyper $ won't start down, it just becomes a
known fact that it's worthless. Almost the exact
perception held right now. The end in near, just as Vi
says it is as the system is busted. How long they can keep
it together is the only real question.Could be weeks, month's
years. My guess is months. -ng-

Hope that helps you. -g-