"The day the Dollar died" MUST READ
>
> http://johngaltfla.com/blog3/2009/11/18/the-day-the-dollar-died/
>
> To all; the above link is a fictional account by John Galt about "the
> day the Dollar died". This is a MUST READ as I believe this "fictional"
> account is very very close to what will actually happen. I have written
> many times about the "many pieces" that this essay puts together so
> well. Market and bank closures, ATM's and credit cards not functioning,
> store shelves being stripped bare, precious metals becoming
> unnatainable, the unacceptance of the Dollar by foreigners and of course
> social unrest, I think it is all coming and very soon.
>
> You can believe this is "doom and gloom" and/or laugh at it. The
> ultimate collapse of the Dollar in my opinion is a certainty and a
> mathematical one at that. Can we get one last "short covering rally" in
> the Dollar? Yes, I believe we can. Is it worth trying to trade? I don't
> believe the risk reward is worth it because if you are wrong and the
> "day" arrives when you are "out" of your precious metals, it will spell
> long term financial disaster. Call me a "doom and gloomer" or whatever
> you like, those of you who know me or have read my past ramblings know
> that though I haven't been 100% correct or my timing has been early, I
> have generally been on the right track with my "smeller".
>
> I see this fictional piece by Mr. Galt as correct in both substance and
> timing. Between Chinese/U.S. financial tensions, fake Gold turning up,
> massive paper claims to a very finite precious metal supply, the looting
> of the U.S. Treasury and Congressional idiocy, over $1 Quadrillion of
> derivatives globally, foreclosures, bankruptcies, teetering balance
> sheets from Joe Blow to the U.S. Treasury, massive fraud, and of course
> no paper currency on Earth having any real backing of any substance, it
> all adds up to the perfect financial storm! Please read the above link
> and act accordingly! The raw math not to mention common sense says the
> storm is coming! Regards, Bill H.