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

To: westpacific who wrote (31792)	11/8/2010 7:29:39 AM
From: MythMan	Respond to of 71409

there is no chart here.

To: westpacific who wrote (31792)	11/8/2010 7:39:56 AM
From: westpacific	3 Recommendations Read Replies (4) \| Respond to of 71409

Here is why FED wants inflation... So, here’s the bottom line on money printing, or QE if you prefer. If nothing happens, the whole thing was a waste of time. If inflation takes off, the Fed will have to choose between holding bonds and letting inflation get worse or selling bonds and going bankrupt in the process. Since no entity goes down without a fight, the Fed will naturally hold the bonds and let inflation take off. Do not ask about the exit strategy from QE; there is no exit. Right now the Fed’s balance sheet shows about $57 billion in total capital. Current assets are about $2.3 trillion. The current money-printing plan will take total assets above $3 trillion. At that level, it only takes a 2% decline in asset values to wipe out the Fed’s capital. Put differently, it only takes a 2% drop in the average value of assets on the Fed’s balance sheet for the Fed to go bankrupt. And this is in an environment where various markets frequently go up and down 3% in a single day. kingworldnews.com West

To: westpacific who wrote (31792)	11/8/2010 1:01:37 PM
From: pogohere	Respond to of 71409

It's a set up--listen to the insiders: Zoellick Pushes Gold Standard Debate 11/08/10 - 12:42 PM EST NEW YORK (TheStreet) -- The gold standard debate is now back on the table thanks to recent comments in the Financial Timesfrom Robert Zoellick, president of the World Bank. With a global currency war front and center at the Group of 20 meeting this week in South Korea, Zoellick raised the possibility of a gold standard. Zoellick said that the world needs a "Bretton Woods II," which would be a global "cooperative monetary system" involving multiple currencies like the dollar, euro and yen, and also gold. Zoellick said gold should be used as an "international reference point of market expectations about inflation, deflation and future currency values." Zoellick says that gold is not just old money but that markets are using the metal as a viable alternative to paper currencies. (more) thestreet.com and who is Bob Zoellick? Robert Zoellick From Wikipedia, the free encyclopedia Robert Bruce Zoellick 11th President of the World Bank Group Incumbent Assumed office July 1, 2007 Nominated by George W. Bush Preceded by Paul Wolfowitz 14th United States Deputy Secretary of State In office February 22, 2005 – July 7, 2006 President George W. Bush Preceded by Richard Armitage Succeeded by John Negroponte 13th United States Trade Representative In office January 20, 2001 – February 22, 2005 President George W. Bush Preceded by Charlene Barshefsky Succeeded by Rob Portman 3rd Under Secretary of State for Economic and Agricultural Affairs In office May 20, 1991 – August 23, 1992 President George H.W. Bush Preceded by Richard T. McCormack Succeeded by Joan E. Spero Website www.worldbankgroup.org Robert Bruce Zoellick (German pronunciation: ['tsœl?k], but usually English pronunciation: /'z?l?k/; born July 25, 1953) is the eleventh president of the World Bank, a position he has held since July 1, 2007.[2] He was previously a managing director of Goldman Sachs,[3] United States Deputy Secretary of State (resigning on July 7, 2006) and U.S. Trade Representative, from February 7, 2001 until February 22, 2005. President George W. Bush nominated Zoellick on May 30, 2007 to replace Paul Wolfowitz as President of the World Bank.[4] On June 25, 2007, Zoellick was approved by the World Bank's executive board.[2][5] en.wikipedia.org