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


To: carranza2 who wrote (46150)7/5/2012 1:48:13 PM
From: Tommaso  Respond to of 71463
 
>>>
For the individual investor, the answer is obvious: Get gold and leverage it via good miners.<<<

Yes, and as I have repeated too often, owning miners has much less political risk than owning gold bullion. If gold really did go to $2,000 and more per ounce, the government would not be able to keep its hands off it. Or so I think.

EDIT: I meant to say $3,000 and more. It could jump to $2,000 any time now. Not saying it will, but that would be only a 25% jump.



To: carranza2 who wrote (46150)7/5/2012 7:46:56 PM
From: Real Man  Read Replies (1) | Respond to of 71463
 
Yes , it all has been discussed many times by keen observers.
The unknown was the willingness of the Fed to print vast quantities
of money, such as increase of the monetary base 4-fold to support
the popped credit bubble by engaging in major devaluation of the dollar. No
longer unknown. Now that they engaged in vast printing, our faith in
integrity of the markets is undermined, if not totally destroyed.

In my personal view the inflation/deflation debate has been resolved,
the poom of ka-poom is on the way.