Helios, US fiat is toast and QE2 will only deepen their problems whether its 2 trillion or 4 batches of 500 billion America is heading for the gutter. They are no longer exporting anything and have become a nation of consumers. All their production has been relocated to China. You cannot consume your way out of a recession and printing is the last thing they should be doing. Zimbabwe, Argentina, Yugoslavia and a host of african nations have all suffered from printing and the US will follow the same path no matter how smart they think they are. Silver will flourish in this environment. $100 per ounce is not unreasonable in my opinion Link below to hyperinflation nation which is in 3 parts...well worth watching Cheers, Al. http://www.youtube.com/watch?v=SzmYI_4XCbM&feature=channel
AYN Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held