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

To: ggersh who wrote (29262)7/14/2010 9:04:51 AM
From: Real Man  Read Replies (1) | Respond to of 71412
 
SHTF. In other words, both high inflation and high
unemployment - and, possibly, high interest rates later on.
A lot of bankruptcies and a significant collapse of the Boyz
WS shop, the financial system.

Hopefully not, but it sure looks like where we are headed
thanks to very high debt levels at all levels, public and
private. Government default by devaluation?

Money has to reside SOMEWHERE. So, we need to watch in which
direction scared money will run. A currency crisis requires
it to run out of the country, but where, if the whole world
is in the same situation? So far it has been US and German
govt. bonds and gold.



To: ggersh who wrote (29262)7/14/2010 9:34:25 AM
From: Real Man1 Recommendation  Read Replies (1) | Respond to of 71412
 
I think there will be political change this November.
The Republicans are likely to be back, then austerity measures
will be implemented, tanking the economy like in Greece.

Ben will save us?



To: ggersh who wrote (29262)7/14/2010 9:41:59 AM
From: SG  Read Replies (2) | Respond to of 71412
 
Gersh,

What was $10 mill worth in today's dollars?


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