GREY:KXLAF - Post by User
Comment by
mellow99on May 05, 2011 7:05am
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Post# 18532938
RE: RE: The US$ were hoping for a much much BIGGER
RE: RE: The US$ were hoping for a much much BIGGERthat is an interesting point you make, re the Feds did not want the US$ higher, or do they really.....NO country wants his currency down...World currencies are multi powers in and of themselves....It isn<t so much the US$, as it is the total US$ DEBT$, in the trillions of US$ now...and it is funding and refunding of this incredidaly massive US$ DEBT, that they rely on the rest of the world for funding$....The lower the US$ goes, the HIGHER interests rates the world will demand....There isO way out for US$, they will have to allow inflation, and a much lower US$ in order simply to stay afloat and alive...no way out...
And so these MEGA markets intervensions are only a very temporary thing....that is what has been on going for the last 25 years or so...BUT today the entire world has become part of the world economyChina, India plus etc...have and will have a HUGE say in that world economy, and it is their monetary muscle that willl dictate the faith of the US$, which is what we are all witnessing now and will be witnessing in coming months and years...They are fed up holding on to ever worthless US$ paper....
These MEGA interventions will do nothing but eventually weaken the US$, as rea;ity sets into view....NO ...just hold on to your anti US$ positions...its got no where to go but DOWN!!!Don,t get cught up in that HUGE sucking sound that is the US$...get rid of debt, and protect yourselves with physical Gold, as welll as Gold stocks and other commodities stocks that is where the real actiion is and will be for the forthcoming future....Good luck to all...holding very tight to PDG....It is and will be a HUGE winner....
Don,t listen to what they say....just watch what they do....they are desperate now....
Mellow99