Us dollar devaluation!

[silverman]

Oliver Disler about Paul Volker and Willem Buiter and the US Dollar.
http://www.youtube.com/watch?v=LNDpf-b5AsY


WILLEM BUITER WARNS OF MASSIVE DOLLAR COLLAPSE
http://www.telegraph.co.uk/finance/4...-collapse.html

Enjoy, silverman

[Northern Boy]

I feel this will happen soon and extremely fast once it starts it will fall like an avalanche there will be no up and down . It will hinge on what Obama decides to do . The world is in watch and wait mode right now

[silverman]

Originally Posted by Northern Boy

I feel this will happen soon and extremely fast once it starts it will fall like an avalanche there will be no up and down . It will hinge on what Obama decides to do . The world is in watch and wait mode right now

Timing is difficult to say. Some experts say over a couple of months or 2 to 3 years.

I look at the price of gold which reaching new highs almost every day in British Pound, EURO or Swiss Francs...

I am pretty sure that President Obama will have to announce more than just to print more and more dollars....

I guess we know about this in the coming weeks!

Cheers, silverman

[gretsico]

gold is also in new territory in Aus. & NZ $$...