Re: Dollar is crashing; EOM

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Warp10

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Re: Dollar is crashing; EOM

in response to

Dollar is crashing; EOM

MaxValueHolder

posted on Jul 02, 2010 09:08AM

If a person were to continue the logic of this current Dollar & Gold relationship, you'd tend to think that it would be prudent to wait for the Dollar to become totally worthless, then buy gold as it would probably be close to free in Dollar terms.

Therefore, to further continue this logic, a person should sell all gold they own for $1200/oz. right now, then buy it back a whole lot cheaper with cheaper Dollars.

I have to tell ya, it was hard to write that since it makes no sense whatsoever, but that's currently what's happening. Stupid, stupid, stupid. BUT, as as been mentioned already, paper covers rock.