The U.S. Dollar: A Six Month Outlook [View article]
How on Earth can you have an article about the future direction of the dollar and not mention our massive, beyond-the-point-of-no... crushing national debt?? I write beyond the point of return because, at this juncture, we simply can not stop borrowing! How many hundreds of millions of dollars does the gov't sell (read: print) to creditor nations each and every day? What's going to happen when they realize the dollar is a "broken promise"? Hint - it's happening now.
Go to silver, folks. Heck, any commodity will do. It's not that you'll necessarily be *making* money (in relation to what it can buy), but you might stay afloat as everyone else drowns in the quicksand of cheap, freshly printed greenbacks.
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How on Earth can you have an article about the future direction of the dollar and not mention our massive, beyond-the-point-of-no... crushing national debt?? I write beyond the point of return because, at this juncture, we simply can not stop borrowing! How many hundreds of millions of dollars does the gov't sell (read: print) to creditor nations each and every day? What's going to happen when they realize the dollar is a "broken promise"? Hint - it's happening now.
Jul 03 12:26 pm
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All Comments by arawak »The U.S. Dollar: A Six Month Outlook [View article]
Go to silver, folks. Heck, any commodity will do. It's not that you'll necessarily be *making* money (in relation to what it can buy), but you might stay afloat as everyone else drowns in the quicksand of cheap, freshly printed greenbacks.