The opposite will happen. As you’ve seen the past few days when the US stock markets fall the US dollar strengthens. The US stock market should test the 5,000 mark on the DOW. That should put some oomph in the value of the US dollar. Add the fact that China holds a large portion of the US debt and a US dollar devaluation is something that just isn’t going to happen. Gold is the sucker’s of all suckers’ bets. The time to have bought was at 200 dollars an ounce back in 2001. The time to sell is now not at 500 dollars an ounce in two years’ time.

#105 Darlene

The answer is simple. The followers (Sucker Sheeple) will not come back to the Temple if things are bad for too long. They need to hear the Good News or they lose faith.

Remember, those collection plates must be kept full and flowing into the backroom coffers lest the Ponzi scheme be exposed.

#110 Jonathan

Oh really? Here is a little REAL HISTORY about your belief.

Cobden, 1843: “A law which prevents free trade is a law which interferes with the wisdom of Divine Providence, and substitutes the law of wicked men for the law of nature.”(Page 41, ‘The Collapse of Glablism and The Reinvention of The World’

I suggest studying the history of that philosophy and realizing that it led Britain into not only the Opium wars with China, but WWI and WWII. Check out the results of the Corn Wars and all that followed.

Your religious fervor for the mantra of free trade is based on belief only, not facts. As John Ralston Saul said “Unregulated competition is a naive metaphor for anarchy.”
John Ralston Saul

History clearly shows the results of unregulated trade and it is perhaps the greatest threat to democracy in existence. The Free Traders believe that economics were and are more important than people. They ignore basics and historical facts in favour of their mindless mantra like any other funnymentalist.

Oh, terrific. Which means never.