Quote:
Originally Posted by damian2001
If any of you can see into the future of the US economy then please tell us.....
My guess is you are talking out of your ass.
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I had predicted way back in March that US $ will fall rapidly, that CAN $ will surpass US $, that AU $ will hit parity as well and many other currencies such as Euro, Indian Rupee, Real will rise rapidly. I was sure gold will cross $800 when it was sitting at 670
stupid me.....I just turned out to be too greedy not to convert my US $ and am now looking at geting CAN $900 for a thousand US.
I am pretty sure that US $ will crash before middle of 2008, gold will easily reach $950 in next 4-5 months while other currencies will rise.
A recession in US and slowdown in global economy is only 4 months away.
And those of you who talk from heart rather than head....guys what goes up must go down.
UK and France once ruled the world but the US did overtake them and stayed ahead fr so many decades.......but don't think for a minute that it will be always that way. New president or not, the perfect recession storm is coming your way