| Author |
 Topic  |
|
|
Country
1000+ Penny Miser Member
USA
3121 Posts |
 Posted - 05/08/2010 : 21:21:36
|
So the question becomes, “Given that America’s severe fiscal crisis undoubtedly is well-known to Big Money, why on earth is Big Money flooding into the risky fiat currency known as the Dollar?” The answer is: because Big Money does not know what else to do with itself right now. Therefore, hundreds of billions of Euros and other currencies perceived to be at-risk are flowing into what Big Money views as the “least worst” currency at the present time: the Dollar.
...Big Money is going to want the real thing, physical, and it will not be available at today’s prices in the quantities Big Money will desire and require. Big Money is going to do its supply – demand calculations and realize that any price less than $5,000 per ounce for physical gold and $300 per ounce for physical silver is dirt cheap. And Big Money is going to be relieved that it has at last found an asset class that cannot be created to infinity by politicians and central bankers...
...Big Money, which up until now has been no friend of the common man, is being forced to abandon its long-time comfort zone, the burning house. It has run to Dollars for now, creating a false rally, and is about to discover the unparalleled financial virtues of precious metals. As it makes its move into metals, especially gold and silver, it will light the way for an enormous popular migration out of phony fiat currencies and into the world’s only true and honest money.
You must be logged in to see this link.
|
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
|
|
|
beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 05/09/2010 : 08:41:53
|
in recent weeks Gold, and to a lesser extent Silver, have been rising with the dollar, as opposed to their normal pattern of strengthening on dollar weakness. Just imagine how they could take off (a quick 25% gain??) when the dollar tops and begins, first to recede again, and then to plummet.  |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
 |
|
| |
Topic |
|
|
|
Dollar Rally is Hugely Bullish for Precious Metals
Forum Locked
