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

To: GROUND ZERO™ who wrote (41648)	9/9/2011 3:38:09 PM
From: Siddhartha Gautama	Respond to of 71446

Impact? We'll get another cheap nation to outsource!!

To: GROUND ZERO™ who wrote (41648)	9/9/2011 4:04:11 PM
From: Real Man	Read Replies (1) \| Respond to of 71446

Greece is 95%, bigger PIIGs will also have to be restructured. The impact on the banking system in Europe and at home will not be pretty. Naturally, Central banks will try to print us out of this too, so there is high degree of uncertainty due to lack of predictability of their actions. I think without any CB action we will be looking at a pretty bleak picture, with banking holidays and such. CBs will act, but both to what degree and the result of their actions is very uncertain, because, while folks comment on "PPT", essentially the fate of monetary policy lies with some pretty clueless government buerocrats with unpredictable response.

To: GROUND ZERO™ who wrote (41648)	9/9/2011 8:02:06 PM
From: GST	4 Recommendations Read Replies (1) \| Respond to of 71446

<realistic likelihood of a major default of some kind in Europe within the next few months> High -- but it requires Germans to have a change of heart about QE -- they must be willing to inflate the supply of Euros to bail out their own banks -- and they are today on the path to reach that destination. Europe resisted QE -- but they can do it no longer. Greece will fall. German and French banks will be flooded with fake capital from the ECB. Then they will try to pretend that Ireland, Portugal and Italy will not go the same way. This is major financial head trauma -- and it is coming. The dollar will swell up -- but take any realistic look at the dollar and you see the same problems as Europe, only worse. Europe is going down first -- the dollar will have to wait its turn. And Gold? Soon enough $10k won't sound so crazy. Buy the miners -- they will lead the way.