YES! MORE LATER.
UKRAINE COULD CRASH THE GLOBAL ECONOMY AND SHUT DOWN THE BERNANKE PRINTING PRESSES OVER NIGHT!!
I THINK EVERYONE SENSES THAT BERNANKE WILL NOT SIMPLY "PRINT" HIS WAY OUT OF THIS PROBLEM... OK THAT IS THE "EASY WAY" OUT...BUT ONLY FOR A FEW WEEKS OR MONTHS...NOT FOR THE LONGER TERM...
PRESENTLY, THE MORE THE FED PRINTS THE HIGHER THE DOLLAR SOARS... AND THE LOWER COMMODITIES PLUNGE!
WHATS WRONG WITH THAT PICTURE...? A LOT!
WE ARE GOING TO FIND OUT SOON...IT IS NOT GOING TO BE "THAT EASY!"
FOREIGN CENTRAL BANKS SIMPLY CAN NOT SIT BACK AN WATCH THEIR CURRENCIES COLLAPSE IN THE FACE OF THE "STRONGER" DOLLLAR...IT MAKES THEIR DEBTS HARDER TO PAY...
FOREIGN CENTRAL BANKS WILL PUT THE KYBOSH ON THE FED'S MONEY PRINTING STRATEGY SOON... AND GOLD COULD RESUME IT'S RIGHTFUL PLACE AS THE INVESTMENT OF LAST RESORT IN TIMES OF GREAT CRISIS...
OR DO YOU REALLY THINK THAT GOLD IS GARBAGE NOW...AND THE PRINTING PRESS IS OUR NEW GOD OF MONEY...?
