Tuesday, January 05, 2010

The Dollar Bubble

The Dollar Bubble starring Peter Schiff, Ron Paul, Marc Faber, Gerald Celente, Jim Rogers, and others. Prepare now for the U.S. dollar collapse.


Willy2 said...

The problem for the US is that foreign creditors have a choice what to do with their USDs:

1. Buy US Treasuries.
2. Sit on their cash.

See what happened to the TYX and TNX. Listen to this interview as well.

Steven said...

I agree that the U.S. dollar is in a lot of trouble in the long run because the Fed is now caught in a position where it cannot withdraw the stimulus or stop the money printing because it would devastate the economy. As such, one of the few ways for people to protect themselves from this fiat currency debasement is to continue to add to gold positions on pullbacks. And I recently came across an article titled "Canadian Gold Stocks Rally as Gold Price Opens 2010 Higher" at http://www.goldalert.com/ which discusses the outlook for a bunch of gold-related sectors, including several gold mining companies based in Canada that have benefited and should continue to benefit from the bull market in gold.

BxCapricorn said...

We'll just reflate the bubble and act as if nothing really happened. We did it in 1984, 1987, 1991, 1998, 1999 and 2009. Have you ever considered that abnormal behavior, for humans, is normal behavior?

Anonymous said...

BxCapicron Corrupt behavior is normal in a world without moral absolutes. Everything is realtive to what you want.