Health care … financial reform … TARP bailouts … and now $140 billion to extend unemployment benefits. Washington is still stomping on the spending gas pedal and it is only a matter of months before our government debt load exceeds the total value of our country’s entire GDP. Hasn’t anybody in Washington paid any attention to what happens to a country (Greece) when its politicians spend TOO DARN MUCH!
Thanks to some buying of U.S. Treasury bonds by China and its Asian neighbors, the dollar has enjoyed a rally … but it won’t last long. The U.S. dollar is doomed and this week I tell you what ETF is best positioned to profit from a falling dollar AND the one currency ETF that I expect to appreciate the most against the U.S. dollar. Watch my video to learn how you can become a double winner from the forthcoming dollar crisis.
Best wishes,
Tony
About Uncommon Wisdom
For more information and archived issues, visit http://www.uncommonwisdomdaily.com
Uncommon Wisdom (UWD) is published by Weiss Research, Inc. and written by Sean Brodrick, Larry Edelson, and Tony Sagami. To avoid conflicts of interest, Weiss Research and its staff do not hold positions in companies recommended in UWD, nor do we accept any compensation for such recommendations. The comments, graphs, forecasts, and indices published in UWD are based upon data whose accuracy is deemed reliable but not guaranteed. Performance returns cited are derived from our best estimates
but must be considered hypothetical in as much as we do not track the actual prices investors pay or receive. Regular contributors and staff include Andrea Baumwald, John Burke, Marci Campbell, Selene Ceballo, Amber Dakar, Roberto McGrath, Maryellen Murphy, Jennifer Newman-Amos, Adam Shafer, Marty Sleva, Julie Trudeau, Jill Umiker, Leslie Underwood and Michelle Zausnig.
Attention editors and publishers! Uncommon Wisdom issues can be republished. Republished issues MUST include attribution of the author(s) and the following short paragraph:
This investment news is brought to you by Uncommon Wisdom. Uncommon Wisdom is a free daily investment newsletter from Weiss Research analysts offering the latest investing news and financial insights for the stock market, precious metals, natural resources, Asian and South American markets. From time to time, the authors of Uncommon Wisdom also cover other topics they feel can contribute to making you healthy, wealthy and wise. To view archives or subscribe, visit http://www.uncommonwisdomdaily.com.
From time to time, Uncommon Wisdom may have information from select third-party advertisers known as “external sponsorships.” We cannot guarantee the accuracy of these ads. In addition, these ads do not necessarily express the viewpoints of Uncommon Wisdom or its editors. For more information, see our terms and conditions.
|
© 2010 by Weiss Research, Inc. All rights reserved. |
15430 Endeavour Drive, Jupiter, FL 33478 |
{ 6 comments… read them below or add one }
Even with the US and all the problems with the dollar, Isn’t it possible that because the markets get terrified of investing in euro assets, and starting pouring back into the dollar for safety. Couldn’t that cause the dollar to rally hard for a fairly long time.
“Praised by faint damns”–wow!!
If the dollar is going to tank, who is it tanking against? And I mean the currencies that are transparent, not the yuan.
Been watchin’ Usd/Jpy fall for two years, until recently; I completely agree on dollar returning to 85 yen. Just looking at dollar futures last night, dollar has fallen from 89 to 86 and looks like shepherds hook. Been long $AUY for a month. Just read a guy sayin’ dollar is least ugly so will maintain or gain strength. I think Gold strength suggests that no one is buyin’ that argument anymore. No one believes officials or Wall Street anymore. Numbers are bogus math for unemployment and manufacturing. GDP headed to zero and volatility hanging at 40 year highs. With this gang of socialists trying to ruin the country there is no chance of recovery. Middle east promises huge catastrophes. Even the suckers are wakin’ up to these snake oil salesmen. Bloomberg has become PR agent for scum like Warren Buffett and Lloyd Blankfein. Bloomberg printed Buffett’s Happy Fizzies party all week. What about Moodys? Who? Trust is what is necessary and they continue with the bullshit. No trust, no system. Thanx
If the dollar falls, then our asian buyers of our debt might stop buying. They might say it’s time to fork over the money that is owed to them. So how is a debt paid when the dollar has no value? Give them gold? Land? Oil wells? IOUs? Family passes to Great America?
If one wishes to buy gold, what currency should be used? US dollars or some other currency?
I am no wiz kid, but I can safely say that this country is in serious trouble. Get ready to stick your head between your legs and kiss your ass goodby.
your video ans listeners comments are most helpful. Thank you……….