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Author Topic: The dollar is toast!  (Read 503 times)

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Offline Matthew

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The dollar is toast!
« on: March 18, 2009, 02:53:39 PM »
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    • Did you guys see that?

    Gold was down $27 this morning, the dollar wasn't doing anything much, etc.

    Then the Fed announces it will be buying Treasuries -- basically a harbinger of Hyperinflation, a proverbial "crossing of the Rubicon".

    This is something that has *never been done before* -- just so you know.

    Anyhow, after this news, the dollar is down 2.20 (I've NEVER seen such a drop in the 2 1/2 years I've been tracking this) and gold is now UP 27.50!

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    Offline Telesphorus

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    The dollar is toast!
    « Reply #1 on: March 18, 2009, 04:20:50 PM »
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    • Yes, the sell off today followed by the sudden spike - looks like someone had inside knowledge.
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