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Old 01-25-2009, 04:52 PM   #1
silverman
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Default US Dollar Devaluation!

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

Last edited by silverman; 01-25-2009 at 05:39 PM.
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Old 01-25-2009, 09:17 PM   #2
Northern Boy
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Default Re: Us dollar devaluation!

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
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Old 01-25-2009, 09:48 PM   #3
silverman
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Default Re: Us dollar devaluation!

Quote:
Originally Posted by Northern Boy View Post
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
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Old 01-25-2009, 10:44 PM   #4
gretsico
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Default Re: Us dollar devaluation!

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