Friday, October 22, 2010

The U.S. Dollar May Be On The Verge Of Total Collapse

Investment Weekly

Things are starting to get VERY ugly out there. The US Dollar
has collapsed 13% in the last four months alone... while Gold
has skyrocketed from $1,170 per ounce to a new all time high of $1,364 per ounce... in just TWO MONTHS!

Let's be blunt here: a 13% drop in a currency in just four months
is a HUGE deal. While idiots like Treasury Secretary Timothy
"Turbotax" Geithner likes to blather about how China is manipulating
its currency, the US Federal Reserve is literally TRASHING the
Dollar... setting the stage for a full-scale currency collapse in the US.

Indeed, the US is now the second largest owner of US debt. As if
that weren't crazy enough... we're actually PRINTING money just
to buy our own debt.


Is it any wonder foreigners are dumping US Treasuries? We treat
our own currency like it's toilet paper! We are truly heading for some dark times ahead.

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