OK, OK, I know many of you already think me a horrid pessimist on the current economic situation, if not an absolute Cassandra.
- You can certainly HOPE I'm wrong about the greenback.
BUT I was paying attention when the Oracle of Omaha (Warren Buffet, not George Soros) declared that the fate of the US Dollar was in the hands of Congress.
Those egomaniacal morons? A huge Scooby Ruh-roh!! ...if not a huge f**k-me-running!!
Read the following article. Read This Because the Dollar Is Doomed.
Think of Argentina.
I am NOT optimistic, given that everything the Government touches has the 'reverse' of the Midas touch...everything they touch turns to s**t, not gold, and our taxes go up into the bargain!
Speaking of gold...............(don't forget about silver)...................................
Saturday 5 September 2009
The Dollar Is Doomed.............from Rico
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2 comments:
Theo,
You, Sir, are no pessimist IMO !!
Horrid pessimist?
You should be proud of your realistic stance, and the help you give to the occassional deluded bull passing through this site.
Hopefully by preaching the truth you might stop some of them donating what's left of their money to the Wall St. thieves, or at least turn them into better hedged investors.
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