Sunday, November 30, 2008

WHAT WILL CRASH THE DOLLAR...?

EVERYONE IS LOOKING AT THE US ECONOMY FOR THE CAUSES OF A POTENTIAL DOLLAR CRASH...A "RUN ON THE DOLLAR"...

BUT MY HUNCH IS THAT THE TROUBLE WILL COME FROM OUTSIDE...

CHINA IS A GOOD CANDIDATE FOR PROBLEMS...

AND SO IS THE WEAK UK ECONOMY AND THE WEAK POUND...

IF THE POUND CRASHES...IT WILL LIKELY CAUSE A RUSH TO GOLD AND RUN ON THE DOLLAR ... IN SHORT ORDER AS GLOBAL INVESTORS SEEK SAFETY IN HARD ASSETS...

SO THE DOOMSDAY SCENARIO FOR THE DOLLAR COULD BE A FOREIGN CURRENCY COLLAPSE...THAT UPSETS THE GLOBAL APPLE CART...

WATCH THE UK...AND CHINA...THEY HAVE THE MOST TO LOSE...AND ARE IN THE MOST PRECARIOUS POSTIONS...