Tuesday, April 29, 2008 7:41:56 PM
If the Dinar stays where it is the USD will fall another 100% and we will make double our money, well sort of!
Look at it this way, the Iraqi Dinar is a hedge against the falling/tanking/pos U$D that no one in the world wants to hold.
In 2010 - 2011 when oil is sold in a basket of currencies what will be happening to the U$D?
Between now and then how will the USD begin to pay for Social Security and Medicare? Only one way, borrow or print up more money causing the U$D to tank.
http://www.financialsense.com/Market/allison/2008/0428.html
Look at it this way, the Iraqi Dinar is a hedge against the falling/tanking/pos U$D that no one in the world wants to hold.
In 2010 - 2011 when oil is sold in a basket of currencies what will be happening to the U$D?
Between now and then how will the USD begin to pay for Social Security and Medicare? Only one way, borrow or print up more money causing the U$D to tank.
http://www.financialsense.com/Market/allison/2008/0428.html
Before you criticize a man, walk a mile in his shoes. That way, if he gets angry, he's a mile away and barefoot.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
