hoye,dent,faber, roubini, page-8

woteva, can you clarify a few things for me:

What do you mean by blow off?
What do you expect the GRC to be? ie Gold/Silver backed? SDR? A physical currency actually used by people world wide.

Sometimes it's a little hard to read whether you are posting based on your own expectations or those of others that you follow...

I personally do not expect a global reserve currency within the next couple of years unless it's some sort of basket of existing currencies (I wouldn't really consider that a currency anyway). I think we may see the replacement of the USD in this next few years however.

Certainly there are interesting times ahead and while I'm not so sure of the large move being as close as you expect I do think we will see good gains over this time and I don't expect we will be seeing under US$1000....