Mr.G

Bad News for the Economy Is Good News for the Dollar

the day to get out of the dollar will be loud and clear bullfrog-a good indication to get out of the dollar and into a physical precious metal like gold/silver is to watch if either the swiss franc or euro take a huge drop off (like 15-25%) - dont get greedy and think the same wont happen to the dollar shortly after that - it is the best of the worst right now

U.S. Dollar: Best of the Worst?

yeah -in the short run commodities will continue to tank but as the injection of liquidity from the fed /treasury takes place plus all the money on the sidelines - plus central banks around the world printing out their own currency - yes inflation is right around the corner -the price of gold reflected that yesterday as both the dollar (increased against other currencies ) and gold increased at the same time -the fed 's policies as well as world banks is to dilute the problem with so much currency it becomes a more manageable problem being having so many dollars around will deflate the cost of the crises or credit derivatives but inflate the cost of assets

On Oct 07 02:36 PM andrew Abraham wrote:

> Members of MyInvestorsPlace.com have been chatting that they expect
> massive inflation...interestin... currently commodites are cratering..What
> do you think???

U.S. Dollar: Best of the Worst?

this isnt the 1930's where govts have to find more gold to back their dollars/currencies .They are all fiat currencies and can literally be printed out of thin air (there is an unlimited supply ) - all the CB's around the world are being forced to create money(even if it is only to buy dollars)- the dollar wont crash because evryone is creating new money at the same time- In the last 2 weeks alone (before the new 900 billion auction and the bailout)the govt has been printing at 200% increase -
why else would gold go up while the dollar does ? because there is a worldwide devaluation of currency and gold unlike other commodities has no real industrial demand and doesnt reflect future demand in this respect (majority of commodities are tanking due to the assumption there will be less economic activity in the future)but in fact is showing there will be future inflationary pressure due to the current creation of currencies..

Massive Opportunity to Short the Dollar

another way to short the dollar is take physical delivery of gold/silver -which is a bargain at the current prices -the franndie bankruptcies insures that the rally in the dollar is short -watch bond prices and yields closely and compare them to corporate -if us govt bond borrowing gets as expensive as corporate bond borrowing that is a long way down for the dollar as investors will be realizing that the US govt is at risk of default or cant possibly throw that much money at the problem without having to pay a premium to do so .rising yields on bonds while prices are dirt cheap are a sure sign the global economy is losing faith in the dollar