Tuesday, March 2, 2010

Least Worst Place

A few weeks back we posted about some good news concerning the U.S dollar....yes, you heard me correctly...some POTENTIAL good news about the dollar.

It seems as the financial world is showing signs of coming apart at the seams...investors will be scrambling to find the LEAST WORST place to store their hard earned cash...and the USA may very well be that place.

This could be good news for us because if everyone wants dollars...it could keep their value up, even if we are printing them at enormous rates thereby de-valuing them. So as WE push the value down by printing...the world keeps demanding more of them....keeping the whole illusion in check...at least a little while longer.

NEW YORK – The dollar strengthened Monday as the market worried about Greece's debt crisis and political unease in Britain ahead of general election.

Read it here; http://business.inquirer.net/money/breakingnews/view/20100302-256227/Dollar-firms-on-jitters-over-Greece-Britain

So let me put this another way...Greece and Spain could default, Great Britain could default, Japan may be next in line and then the list could really fall fast. So make no mistake about it...a one world currency is on the horizon and it could happen faster than a Chilean earthquake....but the US dollar may hold up until the rapture of the church. Yippeee!!!

And THAT is your good news of the day.

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