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<p>[QUOTE="DrHenley, post: 1774758, member: 50741"]There is a perception that the almighty dollar is good no matter what the Fed does, and no matter how many are in circulation (electronically as well as physically). As long as that perception is maintained, things will go along like they have, more or less. It is the proverbial "House of Cards."</p><p> </p><p>Cyprus made the dollar look good to the international community. Gold had already been tarnished, and as someone put it (and I paraphrase): "There weren't any clean shirts, and the dollar was the least dirty shirt in the hamper, so that's what they grabbed." Then Cyprus dumped their gold and the near term course was set in concrete.</p><p> </p><p>When we get to the point where the Dow depends entirely on a few words from Bernanke and completely ignores the actual performance of the companies and the country, we are divorced from reality. And here in Lala Land, you can throw out the rules because there aren't any.</p><p> </p><p>Me, I haven't sold a single coin, and don't intend to for the foreseeable future. My safe is full of "overpriced" silver and platinum, and some not-so-overpriced gold. I am nowhere near a hardcore prepper, but I do have a modest amount of food, water, fuel, guns, ammo, cash and PMs. (enough to make me "feel" prepared)</p><p> </p><p>When the house of cards falls, I'm sure the experts will call it a "Black Swan Event." Like nobody saw it coming. Yeah, right...<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="DrHenley, post: 1774758, member: 50741"]There is a perception that the almighty dollar is good no matter what the Fed does, and no matter how many are in circulation (electronically as well as physically). As long as that perception is maintained, things will go along like they have, more or less. It is the proverbial "House of Cards." Cyprus made the dollar look good to the international community. Gold had already been tarnished, and as someone put it (and I paraphrase): "There weren't any clean shirts, and the dollar was the least dirty shirt in the hamper, so that's what they grabbed." Then Cyprus dumped their gold and the near term course was set in concrete. When we get to the point where the Dow depends entirely on a few words from Bernanke and completely ignores the actual performance of the companies and the country, we are divorced from reality. And here in Lala Land, you can throw out the rules because there aren't any. Me, I haven't sold a single coin, and don't intend to for the foreseeable future. My safe is full of "overpriced" silver and platinum, and some not-so-overpriced gold. I am nowhere near a hardcore prepper, but I do have a modest amount of food, water, fuel, guns, ammo, cash and PMs. (enough to make me "feel" prepared) When the house of cards falls, I'm sure the experts will call it a "Black Swan Event." Like nobody saw it coming. Yeah, right...:rolleyes:[/QUOTE]
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