"The floors of the dollar’s downward elevator are about to open up wide.
The freefall is near. Armstrong’s few days are just around the corner.
The Winter is going to be very cold for the US dollar Be advised. Take precautions immediately if you have not already."
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"The question is how much of these two are related.
Keep in mind that the equity market in the Weimar Republic went to infinity and their currency went to zero. It is impossible to tell.
Note that the countdown of days is ending soon, and look at where gold and the dollar are.
Keep in mind that Armstrong is right in having said that when the currency goes into a freefall it happens all of a sudden without pre-announcement.
My view here is to stick with insurance and allow the wild people to play the general equities market.
Insurance will pay off.
You might recall my radio interview in March of this year. You also might recall Monty and Dan calling for a bottom in that period in the general equities markets.
Let me tell you bottoms are simple. Tops are hard. You leave when you are satisfied and a little at a time."
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"Yes, the death of the dollar is a slow death until one day soon at 11:14 AM when the bottom drops out.
As Armstrong so correctly has written, when it comes, it is sudden and out of nowhere without a specific reason.
It has always been that way and will always be that way."
Jim Sinclair at http://jsmineset.com/ November 9, 2009.
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