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Evolving Gold is focused on exploring its significant discovery at Rattlesnake Hills, Wyoming, an alkalic gold system, similar to the Cripple Creek gold district in Colorado, and on gold properties adjacent to the Carlin district of Nevada.

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Message: Unwinding of Currency Swap = Looming US Dollar Crisis!
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Unwinding of Currency Swap = Looming US Dollar Crisis!

posted on Jan 29, 2010 07:30AM

http://seekingalpha.com/instablog/121744-mark-anthony/46203-unwinding-of-currency-swap-looming-us-dollar-crisis

Time to run to precious metals as your financial safe haven. Don't run to euro, as the eurozone is crumbling down. Don't run to Japanese yen. Japan has an even worse debt problem. When Japan collases under its debt it must sell US treasuries to salvage its own currency, which will trigger a domino effect leading to the fall of the dollar. The only thing safe are precious metals and commodities.

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