Golden Minerals Company
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It appears another reputable analyst offers similar thoughts on the USD's imminent demise.
Regards - VHF
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Are We On A Collision Course With A Currency Crisis?
Sean Brodrick
September 22, 2010
Gold has surged to a new all-time high this morning, as the US dollar drops against all major foreign currencies – all of ‘em. Here’s a chart I have to bring to your attention.
You probably don’t want me to tell you what target we get from this, but I’ll tell you anyway. The MINIMUM target for the U.S. Dollar Index is 72 – a level it last saw during the 2008 financial meltdown.
In other words, we appear to be headed straight into the teeth of a currency crisis.
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vhf
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President
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Date Joined
02/15/2008
Golden Minerals Company
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AUM
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TSX
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Metals & Minerals
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