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Monday, March 7, 2011

RE ETF daily news blogger comment

I don't know if he is onto something, but the trend, I believe,  is certainly out of the dollar:

The world will be in an utter panic to get rid of 


dollars. And the stock market is not going to 


provide protection from this kind of inflationary 


storm so a lot of those dollars are going to end up 


in the commodity markets, and especially in the 


precious metals. When that kind of money hits a 


thin market like gold, and especially silver, it 


will drive gigantic gains. 




Maybe he is wrong, some believe that the dollar 


is actually a sort of safe haven in such 


circumstances, 


but I am on the other side a bet that he is 


wrong...

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