Talk of dollar devaluation getting stronger by the day.

[goadam1]

Re: Talk of dollar devaluation getting stronger by the day.

I am afraid, this talk is getting too loud with Bloomberg/MSM/Politico joining the choir. Together with the news like this http://www.itulip.com/forums/showpos...42&postcount=1 we may be due for a serious dollar bounce/gold drop. The Chinese would be really happy to see it.

I liked it better when it was all stealthy and our little secret. Now dollar death is being turned into a product for wall street. I remember the late phase of the last gold mania. This one could move a internet speed. What do we do if gold has a huge spike and gets ahead of itself before other signs of a cycle change have happened?

[medved]

Re: Talk of dollar devaluation getting stronger by the day.

I liked it better when it was all stealthy and our little secret. Now dollar death is being turned into a product for wall street. I remember the late phase of the last gold mania. This one could move a internet speed. What do we do if gold has a huge spike and gets ahead of itself before other signs of a cycle change have happened?

I don't think the huge spike is due tomorrow. I think, it will be long term gold price growth (inflation!). Any spike that is too good (bad?) to be true, should be traded. I started doing it back in 2005 and don't plan to stop anytime soon.

[touchring]

Re: Talk of dollar devaluation getting stronger by the day.

Another step closer to devaluation of the banana currency.