Gold and Silver

Gold and Silver are the "Ultimate Hedge" against Total Global Monetary and Economic Meltdown.

Economic Theme for 2011 - 2012: MELTDOWN. Here is the link to a 4-Part Series "Must See" Documentary.

Thursday, March 17, 2011

US Dollar at a Precipice, Gold and Silver Price May Rocket

US dollar collapse would be a surprise to most people but the signs are all around for everyone to see. As the US dollar approaches a critical support level, its declining momentum is accelerating, assuring a high probability of a break that has the potential to turn a smooth orderly decline into a runaway waterfall decline. A break below key support level on the US dollar index could signal the beginning of the end for the US dollar hegemony.

Here is a documentary called "The Day the Dollar Dies", a realistic depiction of what to expect when that day come. 


Video Link: http://www.youtube.com/watch?v=AuPgdZeAFjA

With so much US dollar floating all around the world, a sharp collapse could start a stampede out on the US dollar and into real assets including Gold ans Silver, more than enough to trigger a relentless short-covering panic that can push Gold and Silver price to the stratosphere. 

The dollar collapse will be catastrophic to the US economy because the Federal Reserve is essentially out of bullet, stuck between a rock and a hard place, rendering the Fed powerless to do anything to stabilize the situation.