RE: RE: RE: RE: RE: Question/SurveyGarbage.....you think all of these countries that are owed massive US debt would be on board for them just cancelling their currency? And do you think the US would do that? It would collapse their society, and then we'd be in way too much $hit for you to enjoy your HOU gains....
The fact of the matter is, everybody and their dog knows that the USD is going to collapse, right? .....Well, how many times have you seen something happen that EVERYBODY knew was going to happen? If you are an intelligent investor, the correct answer is.....zero.
When everybody lines up on the same sid eof the trade, that is an explosive reciper for the opposite result.....as it stand right now, oil, gold and equities are in a huge bubble because the USD has been shorted to oblivion to take advantage of the largest carry trade in history.
The second the Fed takes away this built in "free money" machine by tightening interest rates, there is going to be a massive deleveraging as people sell stocks and commodities to cover their USD short positions....
There is right now a larger short position on the USD then has ever been in history......that alone should make you pause. There are more forces at work here then the average retial can even fathom, so I wouldn't be so confident in your predictions.