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

To: DebtBomb who wrote (35259)	2/15/2011 11:24:55 AM
From: Real Man	2 Recommendations Read Replies (2) \| Respond to of 71479

DX is meaningless, because it's Euro, and Europe is in just as deep s$%$t as we are. Measure DX in gold grams and we are already there. My message is - we'll see quite a bit of inflation, in things we have to buy. DX will fluctuate, but I agree with you, given that Europe is much more reluctant to print, it will go lower, possibly much lower. BOE is not all that shy with printing, but the pound is not Euro, and it seems, given global derivative schemes, printing just quickly spreads to all markets from whatever source it's coming from, higher yielding currencies tend to benefit from the process. I believe it will take a global collaps or a derivative meltdown to change the current financial system. In other words, I don't think regulations will do it or CAN do it, the way things already are. Kicking the can until "it" comes is all they can do now, but as they keep kicking, prices for everything will sure go up.