Gold Rises, the Dollar Falls: Is This Really a Good Thing? [View article]
Gotta love propoganda. Decades later and tGD is still being argued about. Of course, the squirrels just KNOW it was the acorn stimulus that revived the country.
Printing money and a weak dollar solves a lot of problems in DC. We're lucky they haven't done it sooner. Somewhere there is a piper who must be payed...and not with worthless US$.
Gold Rises, the Dollar Falls: Is This Really a Good Thing? [View article]
They are not experts. They are simply on TV.
Those of us who are shorting the US$ expect to be making plays thru 2012 (not that I'm predicting anything here). Schiff's books say it better than I can, but I also borrow advice from Rothbard, Mises, and Hayek.
"...my main goal is holding these precious metals as a store of value against a leadership regime intent on destroying our currency to create "prosperity". I will repeat this - all those celebrating the destruction of the dollar have to ask at what point it stops being a "good thing" and turns into a "bad thing"."
Not sure what you mean due to the subjective nature of words. I celebrate the dollar destruction because I'm profiting mercilessly from it. One man's good thing is another man's bad thing.
Gold Rises, the Dollar Falls: Is This Really a Good Thing? [View article]
Printing money and a weak dollar solves a lot of problems in DC. We're lucky they haven't done it sooner. Somewhere there is a piper who must be payed...and not with worthless US$.
Gold Rises, the Dollar Falls: Is This Really a Good Thing? [View article]
Those of us who are shorting the US$ expect to be making plays thru 2012 (not that I'm predicting anything here). Schiff's books say it better than I can, but I also borrow advice from Rothbard, Mises, and Hayek.
"...my main goal is holding these precious metals as a store of value against a leadership regime intent on destroying our currency to create "prosperity". I will repeat this - all those celebrating the destruction of the dollar have to ask at what point it stops being a "good thing" and turns into a "bad thing"."
Not sure what you mean due to the subjective nature of words. I celebrate the dollar destruction because I'm profiting mercilessly from it. One man's good thing is another man's bad thing.