Wednesday, November 3, 2010

It's The Endgame For The Dollar And Most Are Unaware

Gold Will Outlive Dollar Once Slaughter Comes ... The world's monetary system is in the process of melting down ... We have entered the endgame for the dollar as the dominant reserve currency, but most investors and policy makers are unaware of the implications. The only questions are how long the denouement of the dollar reserve system will last, and how much more damage will be inflicted by new rounds of quantitative easing or more radical monetary measures to prop up the system. Whether prolonged or sudden, the transition to a stable monetary system will become possible only when the shortcomings of the status quo become unbearable. Such a transition is, by definition, nonlinear. So central-bank soothsaying based on the extrapolation of historical data and the repetition of conventional wisdom offers no guidance on what lies ahead. – Bloomberg
Dominant Social Theme: It's happening now. Look!
Free-Market Analysis: Is the current doom and gloom regarding the dollar (versus gold and silver) a bit ... manufactured. We only point this out because as soon as the mainstream media starts banging the drums for a given point of view, we become a bit skeptical. To find an article in Bloomberg predicting the "endgame" of the dollar as the world's dominant currency is a bit surprising from our point of view. It makes us, well, itchy.
We know the proper thing to do as an alternative, hard-money news source, of course. We should jump on the bandwagon. After all we've been predicting the unraveling of the larger Western economy for years now. That's the bottom-line thesis of the Bell. The power elite business cycle has been 15 years – and we are approximately two-thirds of the way through. manufacturers monetary, military and scarcity promotions and the free-market eventually un-does them. Given that we are in a long term metals bull market, we've expected gold to go very high and silver to follow. Our timeline for the larger bull market silver and gold...
More Here..

2 comments:

  1. The situation is so bad now that basically this article which is another "The End Is Coming" kinda story isn't even commented on.

    They are now so common place that people no longer argue about how "we're turning the corner" or "it's a cycle" people just don't want to talk about it except in whispers.

    ReplyDelete
  2. Yes it's odd nobody has commented on this story. Reasons:
    A. EVERYONE knows it.
    B. Don't Believe it.
    C. Don't Care
    D. At Work

    ReplyDelete

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