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News Link • Federal Reserve

The Dollar Will Collapse Within 3-4 Months

The US Dollar's inflationary death spiral continues. We've now taken out the 2010 low leaving only two more lines of support before we're in completely uncharted territory. At its current rate of collapse, the US Dollar will do this within the next 3-4 months. This means the greenback will break into a new all-time lows by 2H11, which will precipitate the coming inflationary collapse. Small wonder then that both Gold and Silver recently hit new highs for their current bull markets. With the greenback dropping like a rock, and rumors of QE 3 swirling around the financial community, what sane investor would bet against inflation? On that note, now is the time to be shifting capital into inflation hedges. Those who buy Gold and Silver will likely do very well in the coming months (my personal view is Gold will clear $1,500 and Silver $40 this year). We’re also going to be seeing an increased wave of buyouts in the natural resources sector as larger firms look to increase their resources via mergers and acquisitions rather than spending the money to find and develop new mines. The natural resources sector will also benefit as large institutions (pensions, mutual funds, etc) finally begin piling into inflation hedges across the board. Given how little exposure the Big Boys have to inflation hedges even a small percentage of assets under management, shifted into these sectors, could result in sharp price spikes. In other words, buckle up, cause things are about to get REALLY interesting.

1 Comments in Response to

Comment by Don Duncan
Entered on:

Just once I would like one of these guys who profit from their advice to DEFINE a key term like "collapse".  He says the dollar is "collapsing" at a rate that will lead to "inflationary collapse" in a few months. Does anyone know what that means? If you ask 100 people what it means I bet you will get 100 different answers. For example, I define "collapse" as: daily price increases across the board and foreign debt being liquidated (treasury bills unsaleable).  We can agree that will happen but none of us can predict if it will be this year, next year, or next decade. And the timing is important. I have been watching the slow decline since Harry Browne predicted "collapse" for the early '70s. Here we are FORTY years later and I'm still sitting on all that gold and silver I bought waiting for the collapse. Is it collapsed yet? Seriously, if I find out I'm going to die and miss the collapse I will really be pissed at Harry. In fact, if the collapse comes in 10 years and I'm still alive I will have so little time to enjoy telling everyone: "I told you so!" that I might as well have invested the money and lived off the interest.

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