KIT

As the Dollar Continues to Collapse, Where Will You Put Your Money?

I'm with you far too many rich are not about to become poor.

There is a game of chicken going on right now. Buy US bonds at a loss or we (US) will buy them and destroy your investments in USD and increase inflation in all other countries with high commodities prices. This will cause the powers to be in other countries to lose elections. In the end the others will buy bonds or they will exchange their currency for USD to save their economies


On May 25 09:50 AM cameroni wrote:

> Nice article,
>
> But lets not hit the panic button on the US Dollar too hard just
> yet. The whole globe is invested in it in a very big way. Worries
> that creditors will start pulling out the rug from under us and forcing
> a major sell-off of all things American and debt related are truly
> overblown. A true dollar failure would have extreme and devastating
> global implications. I do not think for a moment that the biggest
> creditors are all about to shoot themselves in the feet on this one.
> They may be dismayed by what they are seeing with QE but at the end
> of the day most Governments want stability in financial markets and
> they will cooperate with the dollar devaluation because it is actually
> in everyones best interest (the lesser evil).
>
> Every Government will take a loss on this one but it is better than
> the alternative of a total dollar failure. I follow the dire warnings
> being issued by Peter Schiff and others and while the message is
> convincing it is still a prediction and for him and others, a simple
> marketing tool to build business through fear. I listen, I take it
> with a grain of salt, and then I do my own thinking.
>
> Let's not lose all faith and write the US off so quickly. Caution
> is the byword of the day but "it ain't over till the fat lady sings".
>
>
> Cam