If the bailout trillions will cause inflation, erosion of $'s value and therefore price increases for Gold, won't the same logic be applicable for Share prices - so it looks far fetched that the Dow/Gold ratio will ever be 1:1
Intense Inflation Pressure: Fed, Bank of England Have Their Hands Tied [View article]
Jerry Dill:
"The death of the american dollar does have one positive. It will now be better for businesses who sell goods overseas and operate in the US."
The other benefit of the death of the USD is that the debt can now be paid in a currency of a lot less value than when it was taken - part of the reason why inflation is still being tolerated and more money is being printed. God Bless the common american and his children who will have to face the consequences of this inefficient and selfish Fed and Govt.
Ben Bernanke: Talk May Be Cheap, But It's Not Worthless [View article]
Solarchampion - you almost sound as if you are paid to side Big B, but consequences have to be faced for the misdeeds of the present and past govts. That cannot be avoided, watch yr ass if you are not invested in something of value other than stocks eg. bullion, metals, energy etc.
Dow Will Equal Gold in 2009 [View article]
Intense Inflation Pressure: Fed, Bank of England Have Their Hands Tied [View article]
"The death of the american dollar does have one positive. It will now be better for businesses who sell goods overseas and operate in the US."
The other benefit of the death of the USD is that the debt can now be paid in a currency of a lot less value than when it was taken - part of the reason why inflation is still being tolerated and more money is being printed. God Bless the common american and his children who will have to face the consequences of this inefficient and selfish Fed and Govt.
Ben Bernanke: Talk May Be Cheap, But It's Not Worthless [View article]