ScottEX

Long Dollar, Short Oil, Hold Gold?

In a way I tend to think the US debit is actually partly owned by the world. Maybe as Regan said it is big enough to take care of itself....


On Jul 06 09:16 AM Walter Soonenberg wrote:

> Dollar is cooked...finished. Step back a bit and get a better perspective.
> Yes, short term strength very likely but 18 months out the Grim inflationary
> Reaper will call and the dollar will further collapse. Gold in hand,
> foreign currency (Asian preferred) only hedge. The US Debt load
> is simply too large. Somehow, most "wise" investors blissfully ignore
> this fact. Long Aussie Dollar, Remimbi, Norwegian Krone.