that is certainly a contrary opinion. not every contrary action works out. investing on hope is not the way to make money. the unwinding of government excess has not even begun. you are likely way to early.
May 4, 2011 SouthAmerica: Believe it or not this is real news from CNBC: CNBC: Did US Special Forces Just Rescue the Dollar? - May 4, 2011 http://finance.yahoo.com/news/Halft...911.html?x=0&sec=topStories&pos=7&asset&ccode I am not making this up, but the CNBC piece said: "History shows us that the country with the strongest military is always the reserve currency," said Cortes, founder of Veracruz. "I think the ability of those heroes, of SEAL Team 6, to project power globally shows us that U.S. military is uncontested in its dominance and I think the currency will re-assert accordingly." This guy must be kidding. This thing is becoming âPatheticâ: Bin Laden to the rescue of the US dollar. The Osama Bin Laden staged death was designed as a desperate act to save the collapse of the US dollar. ***** Here is a video with the detail information regarding Osama Bin Laden latest affair http://www.imdb.com/title/tt0120885/ .
My concern here is time frame: America is on it's way down! American will recover! Will both happen? probably, will they happen in the next 5 years? perhaps one will. will they happen in the next twenty years? perhaps, but probably only one or the other (I'm leaning to recover). On the other hand if we look back at it in 100 years, and the dollar is internationally worth half what it is, would it be gradual (how gradual?) or sudden (how sudden?). for that matter, in a century there may not BE a dollar; there may be a "western currency" or even a "developed nation's currency". So unless you feel confident that you can predict it to with a couple of years, back off-you are doing nothing useful, nor demonstrating knowledge; merely speculation. Personally? I can't predict what happens until i know who wins the next presidential election. I'll give you this though: if Obama wins the dollar will shrink some more, employment will continue to go up, and net saving balance of both the gov't and the public will go up. does that make "the dollar" strong or weak?
. May 5, 2011 SouthAmerica: Reply to Doctor100 You said: âSo unless you feel confident that you can predict it to with a couple of years, back off-you are doing nothing useful, nor demonstrating knowledge; merely speculation.â After you read these threads you will get the point: Brazzil magazine Published: February 13, 2005 âItâs 2008. The U.S. Has Dragged the World into a Depressionâ By Ricardo C. Amaral http://www.brazzilmag.com/component...-has-dragged-the-world-into-a-depression.html *** You can see a discussion about the article on the Elite Trader Economics forum at: http://www.elitetrader.com/vb/showthread.php?s=&threadid=124509&perpage=6&pagenumber=1 ***** The US dollar and the biggest default in history http://www.elitetrader.com/vb/showthread.php?s=&threadid=121313 ***** Central Banks and the US Dollar http://www.elitetrader.com/vb/showthread.php?s=&threadid=81958 ***** SouthAmerica: Two friends of mine mentioned to me that they had seen the enclosed video, and that Bill Gross, Jim Rogers and I were quoted on this video regarding the coming collapse of the US dollar. Over 500,000 people have seen this video so far, and I am quoted around the minute 38 to 41 into the video presentation about the collapse of the US dollar. This was the first time that I heard of Porter Stansberry. http://www.youtube.com/watch?v=nI-BIVWlc7A .
May 6, 2011 SouthAmerica: Here is the real reason why the United States is attacking Libya in an effort to overthrow Gaddafi. Gaddafi gold-for-oil, dollar-doom plans behind Libya 'mission'? - May 5, 2011 http://www.youtube.com/watch?v=GuqZfaj34nc&feature=channel_video_title .
May 8, 2011 SouthAmerica: Regarding the US dollar and US economy: The Dollar Bubble http://www.youtube.com/watch?v=eZA0qNsf4m0&feature=related END THE FED! http://www.youtube.com/watch?v=rFf4TxiFDho&feature=relmfu U.S. Government Lying About Inflation and Jobs Market - Feb 11, 2011 http://www.youtube.com/watch?v=Ejjie26Xjs8&feature=relmfu .
May 17, 2011 SouthAmerica: Today I started putting some information together on my new Blog, and I will add new information on a regular basis and try to connect the dots one step at the time. The Final Collapse of the US Dollar http://thefinalcollapseoftheusdollar.blogspot.com/2011/05/final-collapse-and-meltdown-of-us.html .