[XBob]

ah, the bars have closed, and the rats have arrived (not you, the others ToddsNoPatriot and TexasBoring)

Yes, your point about devaluation is well taken:

"The Fed is printing money and we are now in a currency war with much of the world, especially the Asian countries. The dollar will be devalued to solve the problem. Greenspan thinks that this will all happen benignly; I think that he's wrong."

It's already happening. The overseas markets for metals and certain other commodities began a dramatic change late last summer - in August/September time frame and the dollar is plunging while prices have increased by about 40% already.

It's been going on for sometime now, and is just really starting to get rolling as the industrial production chart I just posted shows - a leveling off since about 1998 now.

[Colorado Buckeye]

It's already happening. The overseas markets for metals and certain other commodities began a dramatic change late last summer - in August/September time frame and the dollar is plunging while prices have increased by about 40% already.

The CRB has been rising for some time and the dollar has been falling for two years. The prices of oil and gasoline are up and we haven't even made a dent yet with the Chinese. The 8.3 Yuans still buys 1 dollar. It's going to be interesting moving forward.