Ramzi

Last Gasp of a Doomed Currency

Matthew ... you'd be naive to think that this article will actually cause a drop in the stock markets or the dollar ... Mr. Schiff is stating his opinion it's up to you to accept or reject. I believe he is right in saying the US has no recourse but to print more dollars and increase money supply; the US will follow the rest of the world in inflation rates and the therefore the increase in money supply will cause the dollar to drop. I don't think gold will be a safe haven ... hey I lost all my equity in my house but I have gold coins I think I am gonna make a home out of my gold coins. best reservoir of money now is to open a business where you can increase your prices with inflation and people will still have to buy your stuff or at least in stocks that have this characteristic e.g. Pepsi? Pharmaceuticals?