Friday, September 28, 2012

Stash Cash for the Crash

The stock market cannot be held up now by QE 3 or whatever you want to call it.  Also the "safe havens" whatever they are are not safe havens either like GOLD and SILVER are supposed to be during financial crisis.  So let's look at the US DOLLAR chart:

That looks good and there are still a lot of trees so I don't expect a paper shortage at any time.  Also the demand for dollars seems to always increase as people never have enough of them and the rich are never satisfied with more than they could wish.  So I believe in a simultaneous INFLATION/DEFLATION SCENARIO where the US DOLLAR gains value while certain assets are depreciated but the consumer cost is adjusted higher and higher for necessary goods.  Very clever isn't it?

So it looks like you better stash some cash for the crash:


http://markets.money.cnn.com/markets/overview/modules/chart.asp

Gold and Silver about to tip over:

...developing...
Live 24 hours gold chart [Kitco Inc.]
Live 24 hours silver chart [ Kitco Inc. ]