Dollar Danger

I don't like talking about the markets anymore.

There are all sorts of wonderful commentators on the markets if that's what you're into, and I'm trying to focus on more creative pursuits at the moment.

But that doesn't mean I'm not watching the markets, just that I'm very bored talking about it.

I think folks that are paid in US Dollars need to be careful. I'm talking about retired folks on fixed incomes paid in US dollars. The US government has every intention of screwing you royally, and I feel that it's my duty to put up the warning flag for friends and family.

To wit: it is the intention of the Federal Reserve of my country to inflate commodities such as gold, oil, copper etc. etc. as much as possible i.e. reduce the value of the US Dollar as much as possible.

I'm not sure how much success they will have ultimately, but I do think they will push us towards another dollar crisis in the near future, perhaps even in the next few months.

I HOPE THAT I'M WRONG ABOUT THIS.

But Gold and the EUR/USD are looking very strong right now, and if they break out I think they could make quite a run before the whole thing collapses again.





So my advice in the shorter term is: continue to hold/buy gold, and hold Euros, sell dollars....UNTIL THIS UPTREND BREAKS...but who knows how long that will be WITH THE GOVERNMENT SANCTIONED MONEY COUNTERFEITERS HARD AT WORK.

And yes, the caps mean that I'm pissed about it. :)