Inflation is the only way out for a debtor nation. This will help improve the trade situation and reduce the value of the massive debt. This must be done without a total sell off in the dollar, just a long slow decline. This means the Fed continues their game, allow and foster inflation while talking just the opposite, a classic confidence scam.
I highly doubt the "total collapse" scenario, it isn't good for anyone and other nations will work to keep propping the $$. Besides, the system has lasted this long because the Fed has a whole lot of tricks and they are far from done using them.
Expect gold and silver to rise in a roller coaster move up for the next 10 years. By then we should see 2000 gold , maybe more.
Don't think that makes you rich, a gallon of milk will be 5 bucks as will a Mcdonalds hamburger.
The system will go on.
" Basically from 2001 to 2005. I feel secure in this as the POG did not rise much at all in either the Euro or the SWF during those years."
That was because of active market manipulation in New York and London. They were actively trying to drive down the price of gold. The new paradigm we are in is the product of the awakening of the desire for a little gold. More people can now afford gold, and that has triggered a world wide gold rush. This is why it is going to be almost impossible to drive gold much under $600 an ounce. The channels have shifted to a higher plain. Ignore reality to your own peril.
SS I know I am in the minority party but I believe the Gold bull is still in phase II and that most of what many have called phase I was actually a USD bear market not a gold bull. Basically from 2001 to 2005. I feel secure in this as the POG did not rise much at all in either the Euro or the SWF during those years. Only in the USD. From 2005 on POG has risen against all currencies. If that turns out to be correct then we still have some minor gains to enjoy for the rest of the next few months till early next year when most likely a real sharp correction will knock 25% off the POG and then start phase II. I know one thing for sure. We will know in hindsight 100% but until then it is all guess work. Phase II should be the longest phase and may last up till 3 years or more. I also realize that in todays hyper speed information age that old timeframes may be worthless as everything is moving faster. BTW another barometer I use is the historic gold - oil ratio which got way out of whack and is now returning towards the mean. As oil climbs higher (and I believe it will) POG will rise with it and beyond it in % gains. We shall see.
CCJ, Cameco Corp is up 748% since Dines resommended it on June 23, 2003; and, Dennison Mines, Den.To (DENMIF) is up 536% since he recommended it on December 1, 2003.
Take a little time to do some DD before you ask a question that will make you look ignorant and silly.
The five that are up more than 100%. Try CCJ for example which is one of the largest in the world.
Obviously you don't subscribe, or can't understand his stock recommendation status reports that are in each TDL.