Socialist policies and massive government spending, Robertson told Meeuwsen, could lead to heavy hyperinflation, sending prices through the roof and the value of the dollar through the floor.
"The Lord said the dollar is going to go down dramatically," Robertson said in the interview. "If I'm hearing him right, gold will go to about $1900 dollars an ounce and oil to $300 a barrel."
btw...ex.. I had to sell off most of my ITF, CRN etc to get a tax loss - but going to buy back - I think for the penny bargains will have good returns on the longer runs -
some of us will do very well -
Got Gold ITF, CRN - OT. one of Canada, BC large gold mines..dd..ex..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34562758 -- we had the "Tech Bubble" with lots of margin debt, then the "Real Estate Bubble" with easy lending, now the "Treasury Bubble". How bout the "bobo-Obama Bubble" with Trillion Dollar Deficit Spending Inflation