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HistoryStudent | 03-11-2010 03:38 PM
READ & SURVIVE "...if you have the time..." http://www.libertycoinservice.com/currentnews.pdf Best wishes - "be content with enough because it's MORE that really gets you in trouble...!" :ok:

HistoryStudent | 03-11-2010 05:41 PM
Re: READ & SURVIVE "...if you have the time..." An Impending US Dollar Devaluation - and silver & palladium potential (vronsky) Mar 11, 15:12 The present strength in the US greenback is a temporary phenomenon reflecting the acute crisis in the Euro block...especially in Greece, Spain, Portugal and Italy. Soon it will have run its course, and President Obama/Bernanke's inflationary strategy will again reassert itself, where the US dollar will decline. Please see the US dollar's long-term trend: * [url] http://stockcharts.com/h-sc/ui?s=$USD&p=M&st=1983-05-31&id=p18505140839&a=134406090&listNum=-2&listNum=-2 [url]* President Obama is dragging 5 'crosses': - Astronomical Trillion Dollar Budget Deficits to finance Stimulus Plans I & II (soon to be announced) - Perennial Trade Deficits, and - Unacceptably high UNEMPLOYMENT...at 26 year high - Plunging real estate values, reminiscent of the 1930s Great Depression - INCREASING NUMBER OF BANKS GOING BELLY-UP To be sure the only way to lighten the crushing burden is to INFLATE THE ECONOMY...by continuing to increase the Money Supply and vastly expanding financial liquidity - which will inevitably be translated into currency debasement. The only question is how fast the dollar will fall? Will Obama opt to devalue ala President FDR, who by decree devalued the dollar by 69% (with respect to gold) on January 31, 1934...or will Obama follow the lead of President Jimmy Carter, who orchestrated a gradual 21% devaluation from 1976-1080 (basis US$ Index)? Under President Carter's watch the price of gold soared well over 400% - THAT'S OVER FOUR HUNDRED PERCENT !!!!!!!!!!!!!!! Indubitably, the US Dollar will be devalued...propelling gold to a new all-time high...for years to come. And as you well know, silver usually out-performs gold in a bull market. P.S. Here's what happened under President Carter's 4-year watch: While the US$ Index gradually fell 21%, Gold soared over 400% (Four Hundred Percent), and Silver zoomed over 900% (Nine Hundred Percent) Global economic deterioration and burgeoning national debt will inevitably lead to currency devaluations around the world. Consequently, precious metal prices - especially silver - will go into orbit. To be sure it is NOT an exaggeration to forecast silver will in the not too distant future retest its all-time 1980 high. See historic long-term chart: http://www.tigersoft.com/Tiger-Blogs...08/index.5.jpg Likewise for the reasons given above, PALLADIUM may well retest it's $1050 high of 2001: http://stockcharts.com/h-sc/ui?s=$PALL&p=W&yr=12&mn=0&dy=0&id=p02491035553 -------------------------------------------------------------------------------- :bull-smile:

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