Economic Collapse

Dear readers. Here’s an interesting, though very technical, article on the USD collapse and it’s implication for commodities as well as the panic based temporary USD climb since the collapse of -08. Some interesting observations… The key one being that the 200 day moving averages of both the US Dollar Index (USDX) and the Continuous Commodity Index (CCI) have now reached its daily trading level - this should mean that the trend will be reversed during the summer and later this autumn. However(!) another stock market panic could again temporarily give the USD fuel even though the Fed have increased the monetary base by (at least) 111% during the last year!

…So, this article is interesting, even though I don’t agree with everything… The author believes the US stock indices will continue climbing for the rest of this year… Maybe in nominal terms, not likely in real terms… We’ll see…

Dollar’s Commodity Impact
Adam Hamilton, May 22, 2009
http://www.zealllc.com/2009/usdxcci.htm

by Ellen Brown

Global Research, May 19, 2009
http://www.globalresearch.ca/index.php?context=va&aid=13673

“It was horrible. Horrible! Like lightning it struck. No one was prepared. The shelves in the grocery stores were empty. You could buy nothing with your paper money.”
– Harvard University law professor Friedrich Kessler on the Weimar Republic hyperinflation (1993 interview)

Comments by Jim Sinclair on the article below:

How the World Will Look in 2012
In the effort to protect you from all contingencies, it appears the writer of this article has come to a perfect summation of the ‘What if it all hits the fan.”
You have the key to everything written by Armstrong. You have Alf’s important pronouncements. Now print out and put on your bulletin board how the world will look in 2012. PLEASE STUDY THIS IMPORTANT ARTICLE.
Respectfully,
Jim

The Worst Case Scenario (Someone Has to Say It)
http://seekingalpha.com/article/134820-the-worst-case-scenario-someone-has-to-say-it

Well worth the time to read.