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A Strong U.S. Dollar Isn't in Anyone's Best Interest

“A strong dollar is in our national interest,” still echoes through the air in the District of Columbia. Never mind that the strong dollar was largely responsible for the housing boom that led to the current bust."


WHAT! The Dollar was falling fast during the Boom, cheap money and a weak Dollar is what drove housing prices so high. How can a strong Dollar drive prices up?

What Is Going On With Gold?

Paul - Yes I know. But at 20% we cannot afford to make the interest payment on our debt. We have much more debt then we had in the early 80's and our debt is now in short term treasuries!

we're caught between a rock and a hard place and we have nowhere to move...

Inflate or die

On Jan 08 11:14 PM paultaut wrote:

> 12345: If the inflation rate rises to the levels of the last time,
> the late 70's through early 80's, It took interest rates of almost
> 20% to turn the tide.
>
> Since I think inflation will be much worse, it may take that much
> more to stem it. I will expect the dollar to be dropping steadily
> at that point. My target is 40-50.
>
> For now however, the deflationary perception will continue to rule.
>
>
> Kitco.com has a section devoted to Gold Precious Metals. In that
> section you will be able to read excerpts from various Gold related
> Newsletters, Faber, Ruff, Aden Sisters, etc.
>
> Read what they have to say about the USD and Gold.
>

What Is Going On With Gold?

Paul - Interest rates cannot go up to 25% at 25% the U.S cannot afford the interest payment and we would default.

What Is Going On With Gold?

U.S Economoy Superior to the Japanese? Really?

If we're superior then why do we need to borrow money from the inferior Japanese Economy just to stay afloat?

The U.S Economy is a Ponzi scheme that is rapidly falling apart.