Re: Major Dollar Decline Coming Soon

TYHEE GOLD CORP

(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Hysteria

Rank: President [?]

Points: 2013 [?]

Votes: 48 Score: 4.1 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Major Dollar Decline Coming Soon

posted on Jan 07, 2010 04:51PM

GWTW,

The scenario you outlined would be the best of both worlds, because, personally, I hope my currency stays strong while my gold investments rise in real terms. It may happen in the short run.

However, do you think the commercial banks are going to be on the losing side of this massive trade for too long? How much more short do you think they need to be in order to trigger a decline in the dollar? I am not predicting hyperinflation, but a 10 point +/- drop to new lows. Do you think the commercial banks will be overrun by the small and large speculators seeking safety in the USD? Just curious.