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25 July, 2009

Brazil, Canada Pull Money Out Of U.S. Treasuries

This is a bad, bad sign for the future of the dollar and the American economy as a whole.

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2 comments:

  1. The Euro is more stable and is increasingly more popular. Until things settle down it is the way it has to be.

    ReplyDelete
  2. You're still assuming that it will get better, but there is increasing evidence that even if it does, it will do so ever so slowly. The Euro may be more stable than the Dollar right now, but it too is just another pretend fiat currency. Real protection of wealth over the next decade or longer will require investing in tangibles, such as gold, silver, and oil.

    ReplyDelete

All comments on this blog are moderated, meaning they don't appear until approved by me. So, when your comment doesn't appear immediately, *DO NOT* throw a hissy-fit and assume I'm refusing negative comments (yes, it really happened). I approve pretty much everything that isn't obvious SPAM, negative or not, and I promise you that will include your hissy-fit comments, accusing me of a grand conspiracy to squash dissenting ideas (also really happened). The result, of course, being that you will look like a fool, and the rest of us will laugh heartily at your stupidity.