Quote:
Originally Posted by Cruisingdad
Oh... this is almost magical:
What say you to that, RIck and Windy!!! That is from your link, Windy. That is all it would take. Slowly buy gold, slowly dump the dollar, keep your yuan levereged well aginst other currencies that are falling, back your currency in gold, then make a really good case to dump the US dollar. Logical.
As a country, we better get our heads out of our butts and start putting in place a strong, well conceived strategy that averts what they are obviously doing or trying to do. And that strategy better not include warships (but I bet it will before it is all over).
- CD
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Apparently Washington no longer has to concern themselves with what happens on Main St. USA. Both Obama and Bush brought in Goldman Sachs to run the Treasury and don't forget Bernake was New York Fed. They are only concerned with what Wall St. wants.
You are looking at their strategy. The best anyone can say about it is that it's a delaying action in preserving the dollar as the reserve currency. They all seem to feel that's the entire 'ballgame' and their answer is to pump the DOW and hope for the best.
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Tropic Cat
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Last edited by TropicCat; 09-03-2009 at 06:30 AM.
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