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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (54628)9/20/2013 9:32:14 AM
From: Machaon  Read Replies (1) | Respond to of 223348
 
most of our currency floating around is counterfeit and, as they say, not worth the paper it's written on...
Every country's currency is counterfeit! This entire world is on a fiat monetary system. Hence, in my opinion, each country's money has a value based on the economic strength of that country in comparison to the economic strength of all other countries, and the accounting tricks, and smoke and mirrors of each country's central bank.

The US is still top dog in economic strength and in monetary power, regardless of how many dollars are printed. Our dollar is being devalued by the excess printing, but it still is the most powerful fiat currency. In which country does the rest of the world put it's trust? The US dollar.

Inflation is a way of life. The excess printing of dollars will cause more inflation, but as long as our currency is the top dog, inflation will be modest at worst, IMHO.

Speaking of currency....... if you don't mind, what is your current position/thoughts on gold and silver?

Thanks!



To: GROUND ZERO™ who wrote (54628)9/20/2013 12:23:59 PM
From: fred woodall3 Recommendations

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  Read Replies (2) | Respond to of 223348
 
Ron Paul in 2011' clearly stated the dollar is being destroyed and he would abolish the Federal Reserve.

Would be difficult for anyone now to make a case the country is better off with O in office. The dollar, Afghanistan, Syria, Putin, food stamps, healthcare, race, NSA all in the news. Details of each news story is riddled with ignorance and deception. How can they be so clueless unless of course it is on purpose?