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Showing posts with the label value of US Dollar

The Only Trend that STILL Matters

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February 2011: PSIA - The Only Trend that STILL Matters : from Porter Stansberry Investment Associates "...You could run the same example with almost any global commodity. And you can do the same exercise with domestic goods – like home prices... or even stocks. The fact is, the world's economy is being hamstrung by the volatility of our paper currency. The sooner it is replaced with real money (gold), the better. The world took a big step in this direction last month, when JPMorgan again decided to accept gold as collateral from hedge funds. (Isn't it amazing JPMorgan didn't accept gold as collateral?) Now, you may not intuitively understand these concepts. They are complex. You may not ever really get your mind wrapped around the world's monetary system. You might not really understand why gold returning to the banking system via collateral rights is momentous. But I know you can understand in a deep and meaningful way, what's truly happening here... Do...