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To: hennie pennie
Gold is a good way to short the dollar. As this health care abortion appears now to be closer to passage, the various governments of the planet who own dollars are buying as much gold as they can to protect them from the downside risks of their US securities which they all have.

This is just the beginning of the double dip and they see it coming.

The eventual downgrade of our debt from AAA is now a lot closer and if that happens it will be devastating.

31 posted on 11/22/2009 6:32:19 PM PST by Cold Heat
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To: Cold Heat
This is just the beginning of the double dip and they see it coming.

Yea, but if healthcare reform dies, which I very strongly suspect it will, all bets are off. And if we retake congress next year, out dollar may again be worth something.

So ride the bubble while you can but don't stick around too long.

41 posted on 11/22/2009 6:38:13 PM PST by zeebee (Ask a teenager now, while they still know everything.)
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