As soon as Obummer won the election was inaugurated and started speechifying and following through with his far left ultraliberal agenda and policies I knew it was only a matter of time for the dollar to go the way of the dodo. I still can’t believe the American people voted for this clown after all, all the warning signs were there, big red flashing lights and the American people just ignored them. Well now you’ve got your consequences America and if our country somehow manages to survive to the 2010 elections I will consider it a matter of sheer luck.
I’m not a gold bug either, but it is wise to seek investments that compensate for inflation. Right now I see energy and developing countries as that path. OIH and FXI are good vehicles. EWZ also.
I agree, and have said from the beginning that there will be no financial recovery until Obozo is out of office.