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Friday, October 15, 2010

The United States is Zimbabwe !! (VIDEO)

"The supreme irony of the Information Age is that it gives new respectability to uninformed opinion."

I said it not 23 days ago.

Twenty three days.

I discussed lower prices on the U.S. Dollar, and when that happened, the 'blather-panic' would begin. The same thing happened last year. And the year before that. I could find articles on how hyperinflation is going to happen in the U.S. clear back to 1983.

In the following video, I discuss one of the most common fallacies regarding the state of the U.S. Dollar as a currency at the moment.

(Video Included. If you're seeing this entry elsewhere and cannot see the Video? Click here to view the entry ...)

If hyperinflation were to occur? That is, a continuing, building, exponential increase in inflation?

It'd be the end of all modern economies.

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Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 14 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.

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