Friday, March 2, 2007

DOLLAR DOOMSDAY: CURRENCY CHAOS LOOMS?

The unwinding of the Dollar Bubble and the Yen Carry Trade are events that go to the core of the economic system... They are truly existential systemic risks.

With this level of economic machinations going on... the usual happy talk, buy back announcments, and CEO hype will not change things...

Krugman's Doomsday scenario...which has been well known for sometime could start to evolve as 2007 progresses....

This could bring about Gold Bashing on a scale never seen before...but like Soros and the Pound many years ago...sometimes the inevitable becomes truly INEVITABLE!

Stay Tuned...