How the dollar could bring down EVERYTHING

From OfTwoMinds.com:
... [T]he risk trade is merrily bubbling away: global equities are melting higher, along with gold/silver, oil, seaweed futures, 'roo bellies, and everything else except the U.S. dollar, which is universally declared doomed.
Something about the complete correlation of all these markets and asset classes bothers me, as does the absolute consensus that the U.S. dollar has only one possible future: down.
Doesn't anyone else sense a disturbance in The Force when 'roo belly futures, coffee, quatloos, gold, Indonesian lumber, German bank stocks, bat guano, etc. all rise in lockstep together? I mean, come on, folks -- this is all one trade.
There is only one object of scorn on the other side of this global trade: the universally hated and loathed U.S. dollar...
Read full article...
More on the U.S. dollar:
This could be the day the dollar falls apart
Jim Rogers: "We're at a moment of truth for the dollar"
This chart could be the key to the dollar's next big move
View the original article here

Jim Rogers: Get out of the financial sector before it's too late

From Newsmax:
Investor guru Jim Rogers says life on the farm will bring far more riches in coming years than the trenches of Wall Street.
Rogers, a commodities evangelist for more than a decade, has tweaked his pitch, saying the producers of the world — whether individuals, companies, or countries — will become the new growth sector.
In short, Rogers told the Reuters 2011 Investment Outlook Summit in New York, being productive, saving the fruits of your labor, and owning hard assets hold the keys to a bright future.
"All these people who got MBAs made a mistake. The city of London and Wall Street are not going to be great places to be in the next two or three decades. It's going to be the people who...
Read full article...
More from Jim Rogers:
Jim Rogers rips into Ben Bernanke at Oxford
Jim Rogers: The only assets you must own today
Jim Rogers: Paul Krugman is an idiot... Obama barely knows anything about the world
View the original article here

Top currrency hedge fund: Euro crash could resume TOMORROW

From Zero Hedge:

John Taylor appeared earlier on the 2011 Reuters Investment Outlook Summit, and among various interesting things (namely another call for EUR-USD parity, and that he would "love to be owning gold right here"), he said that the U.S. is imminently headed for another recession, a development that will boost the USD and weigh on commodities.
Yet what is more interesting is that in his latest "Chairman's View", Taylor put down a specific date for the end of the recent recovery in European currencies: the date is tomorrow, the day of the Irish Budget decision, and also the day when Europe may see a coordinated effort for a bank run. Taylor also notes that...
Read full article...
More on the euro crisis:
Top currency hedge fund: Nothing can stop the euro crash
Forget Greece and Ireland, this is the only country that matters
This simple chart shows why the euro bailout is guaranteed to fail
View the original article here

Must-see video shows what happens the day the dollar dies

From The Daily Crux:
The National Inflation Association just released a video of what could happen during the first 21 hours of a dollar collapse.
The video shows the effects of hyperinflation after the Fed decides to have QE4. There’s a huge run on gold, China loses all faith in the U.S., and chaos rules the streets.
You can watch the video here:
http://www.youtube.com/watch?v=2N8gJSMoOJc

Could This Really Happen? Why Not!!! I Think It's Pretty Scary.
Leave A Comment.

More on the dollar:

Bond King Bill Gross: U.S. dollar set to get smashed
China dumping U.S. dollar for what could be the next world currency
Great chart of the history of the dollar

View the original article here

Why gold will always be the best currency

From Frank Holmes of U.S. Global Investors:

Our interactive timeline traces gold's history back to its earliest origins but one question it doesn't answer is: Why gold? Why did our earliest ancestors choose gold over copper, neptunium or any other of the earth's elements as a form of currency?
The hosts of NPR's "Planet Money" set out to answer that question by breaking down the periodic table of elements. They sought the expert opinion of scientist Sanat Kumar, chair of Columbia University's chemical engineering department.
Kumar reveals the secret to gold's value as a currency is simple science. Here's his process...
Read full article...
More on gold:
How to know if you own enough gold
The colossal force driving gold higher and higher
Why a runaway move in gold could be just around the corner
View the original article here