Wednesday, March 25, 2009

ron paul gets it


rather than explain what i think about this mini rally, i'd rather let this article on ron paul do the talking.
Here is a brief example of what ron paul thinks, "At some stage – Mr Paul estimates it will be between one and four years – the dollar will implode. “The dollar as a reserve standard is done,” he says. He sees little hope for other currencies where central banks have also created too much liquidity dating right back to the early 1970s."
basically, he is indicating that we are finally paying for the move off the gold standard and the nixon shock.
it's going to get really, really awful.

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