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: GROUND ZERO™ who wrote (38508)	5/20/2011 8:11:31 PM
From: Real Man	2 Recommendations Read Replies (1) \| Respond to of 71402

This analysis is right, the Euro could get weaker near term due to problems with PIIGS, Greece in particular is in the process of restructuring of it's debt. However, the situation with US States is similar to that with countries in EU, so Ben prints to devalue the currency. To answer your question about Gold and Silver, I believe potential dollar rally, prompted by end of QE program and sovereign debt issues in Southern Europe could, in fact, lead to a continued correction in the precious metals for the Summer. However, competitive currency devaluation is highly bullish long term. Correction does not necessarily mean down from here, it is a bull market correction. Silver got way ahead of itself. In other words, if one "trades around" volatile precious metals bull, one can easily be left at the station as the train departs to the next higher stop. I believe precious metals are in the final manic move similar to NASDAQ 100 in 1995-1999. It could last a few years. BWDIK.