my last post for some time, page-7

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    USD will be a safe haven in woteva's scenario. My opinion is also there is going to be a big mess. And it is deserved. I say this for fundamental reasons. Nothing to do with anybody's anus. But, the fact that cycles point to this is weird.

    So gold in bought with AUD will be worth more when the USD increases. Also the deflatioary crash will allow those with funds to clean up. But dont clean up too early!

    It is gonna be a mess.

    Oh, a low of gold at 1500 usd with explosion in USD is GREAT for AUD miners.

    Let me add to wot's scenario. I do not trust ONE BIT any gold or miners or assets outside of a few very safe countries. West African gold... it will be confiscated. Any Muslim country gold... confiscated. Phillipine gold... confiscated. US will not confiscate, but they will stop citizens from escaping with any items of value from the USA.

    There will only be a few countries to have your assets in. I feel I should start examining the debt portfolios of countries. Countries with no sovereign and not much private debt will be the safe countries. I think Australia will be a safe one. Mind you, you see what can happen quickly... and money hungry labor govt and you have resource tax increases. And you have debt.

    And, again, woteva, I agree with. I am not 100% sure of the crash. We may end up straight into inflation. It is hard to know. We are going to have deflation THEN inflation (hyper) or inflation(hyper) just from around NOW.

    Of course the Bernanke's want to do the death defying act. And print just enough money (lots and lots... not triple lots) to inflate the deflate and make it all look normal. Ha ha. Remember he movie Party and Bernie's or something... the guy was dead, but they made him up to be alive and all went along fine. Bernanke... Bernie... strange link?

    The big problem is countries that will do well, China and Russia cannot be trusted at all. So you dare not invest there. There are very, very few countries I would trust. Australia is one... for the time being.

    If you read and listen to Peter Schiff, he predicts a bit like woteva. And he says if you set yourself up well, when the crash is finished you can live like a rich tourist in your your own country.

    That is why I like all opinions here. Something will happen... big. How to prepare. (Skol, they aint gonna pay the debt back a little at a time... that is not the future)
 
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