GOLD 0.51% $1,391.7 gold futures

$2.1 trillion black hole ...

  1. 24,765 Posts.
    "... One need only read the following article to see the absurdity of the proposition that the US dollar can stay strong. The interest on this $2.1 Trillion [so far] or excess debt alone will eventually swamp the budget....

    ...the dollar’s day in the sun is drawing to a close and soon it will reverse. By the way, after 9/11 the dollar rallied for 4 months and then fell for 7 years. Thus far the dollar rally is about 3 1/2 months old..."

    Full article at http://216.157.72.247/index.php/2008/11/05/jims-mailbox-20/

    By Monty Guild
    www.GuildInvestment.com

    Comment:

    While the US dollar money supply skyrockets and the US dollar collapses where is gold more likely to go to, US$300 or $1,500 plus?
 
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