Currency Trading Blog
What will cause the US dollar to totally collapse?
Like what happened in Germany—>http://www.time.com/time/photogallery/0,29307,1879735_1846041,00.html
There is nothing supporting the US dollar except faith in the US government and world demand. Two of the three killer blows have already happened: 1) The hideous debt and deficit, 2) Faith lost in the US government due to that borrowing and mismanagement, and 3) The replacement of the US dollar as the defacto world currency. When the Euro replaces it (including the world oil trade)… The dollar is done for. Talk of replacing the Dollar—>http://www.google.com/#hl=en&q=the+de+facto+world+currency+has+been+the+United+States+dollar&aq=&aqi=&oq=&fp=5b7cf21b103219ea
What Obama has done—>http://blog.heritage.org/2009/03/24/bush-deficit-vs-obama-deficit-in-pictures/
Would you like to wager what the cities will become? What say you?
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The passing of Nationalized Health Care should complete the job.
Has anyone noticed the price of Gold ?
In January around $850 an ounce.
At this moment it is..1151 an ounce ( The 8th record high this month)
The worlds central banks are buying tons of Gold because they KNOW the dollar is being destroyed. This is an undeniable result of the uncontrolled spending in Washington (Among other thigns) and it is being done intentionally.
2010 – Take the country back !
Moving Average, RSI Automated Trade setup: Trading Blog, 17 Nov 2010
