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

To: ggersh who wrote (28623)	5/13/2010 12:19:20 PM
From: Real Man	2 Recommendations Read Replies (1) \| Respond to of 71475

I have not read Mish lately. What is he saying? My quarrel with him in times way back when was based on my assertion that all debt crap will be unloaded on the governments, thus making his favorite treasuries unsafe. Yet he rode his horses as the treasuries skied late in 2008 The global meltdown I referred to was due to governments defaulting or printing due to all the crap that was unloaded on them. In other words, SHTF situation. He was denying it at the time, claiming US was like Japan. I think Japan is currently in the same boat regarding government debt. Did he change his mind lately, like, acknowledge that the government debt is also a huge problem, so his T-bonds are risky, and the risk is devaluation or default? P.S. I am reducing my exposure to gold stocks by a third, rotating it into non-gold shorts. The exposure was about 30% of my total PM exposure. Gold will likely Xplode, but I am not sure what gold stocks will do if the markets melt down.