The Dollar Will Collapse Within 3-4 Months
• ZeroHedge.comAt its current rate of collapse, the US Dollar will do this within the next 3-4 months. This means the greenback will break into a new all-time lows by 2H11, which will precipitate the coming inflationary collapse.
Just once I would like one of these guys who profit from their advice to DEFINE a key term like "collapse". He says the dollar is "collapsing" at a rate that will lead to "inflationary collapse" in a few months. Does anyone know what that means? If you ask 100 people what it means I bet you will get 100 different answers. For example, I define "collapse" as: daily price increases across the board and foreign debt being liquidated (treasury bills unsaleable). We can agree that will happen but none of us can predict if it will be this year, next year, or next decade. And the timing is important. I have been watching the slow decline since Harry Browne predicted "collapse" for the early '70s. Here we are FORTY years later and I'm still sitting on all that gold and silver I bought waiting for the collapse. Is it collapsed yet? Seriously, if I find out I'm going to die and miss the collapse I will really be pissed at Harry. In fact, if the collapse comes in 10 years and I'm still alive I will have so little time to enjoy telling everyone: "I told you so!" that I might as well have invested the money and lived off the interest.