Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: carranza2 who wrote (32037)	11/12/2010 7:31:13 AM
From: Giordano Bruno	Respond to of 71474

China wants nothing to do with a currency basket. China wants the whole enchilada.

To: carranza2 who wrote (32037)	11/12/2010 8:03:16 AM
From: ggersh	Respond to of 71474

I'm with you on the conspiracy bit, but I'm sure this is only a coincidence. -g- Every time the USD needs a bit of support, it seems that the financial media trot out the latest PIIG in trouble for a good but temporary lambasting. If I were conspiratorially minded, I am not, I would suggest manipulation.

To: carranza2 who wrote (32037)	11/12/2010 10:17:08 AM
From: TobagoJack	Read Replies (1) \| Respond to of 71474

Euro troubles can be 'fixed' by disappearing euro n reinvent the mark. Usd issues can be 'resolved' by either (i) re-pegging to usd to gold, run out of gold, and reset the usd, or (ii) Allowing USA assets to be bought out by recyclers of usd, until there is no more to buy, then reset the usd. Either way, the troubles would end, unless team USA chooses a third course, first tee-ing up corporate assets (AIG did well and is doing well by hk ipo), then letting go of the gold, and finally do a zero-state reset. The issue, at the sorry end, should not, would not only be, and could not just simply be about the usd, but would most certainly be about all paper money.