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HR 3200 and the Tapout of the Dollar

The inevitable passage of healthcare reform this autumn via HR 3200 will add $1 Trillion in costs to our government's obligations at a time when Treasury auctions are showing weakness.

China, Japan, and other big buyers of US debt get it, while the American people don't.  The dollar, already having absorbed overhand rights from the sheer size of the bailouts and stimulus packages, will now go to the mat and tapout, much like an MMA fighter caught in a straight armbar.  Whether it takes five weeks or five months, the coming devaluation will feature enough "shock and awe" to rival last year's global financial crisis.  The smart money has already moved to foreign assets and gold.