Tengo....you are close. However, the Fed has decided to try and inflate to avoid a depression. They have chosen this path and will not raise rates. The fed will cut rates. HOwever, you are not totally wrong! The currency should collapse and then the fed will have no choice but to try and raise rates to attract capital to the bond market..It could make for hell! However, by the time this happens we should have inflation that will make us all shake. I would keep on buying a few eagles, rands and gold stocks..and when it does happen you should be sitting pretty. Good Luck
Crazy is a good name. Crazy is wishing for a collapse in the dreaded 'fiat' currency so misery will abound and goldbugs will blossom. It's an old story, an oft-repeated one, a boring one, one that isn't going to happen. Sorry.
I'd like to be bailed out of this TVX disaster but not at the price of watching people's misery.
Noah was bummed about people's impending misery, too, but Hashem said build the ark, and carry-on. Gold and silver are the truest money. We live in a time when the truth is unknown by most men. Preparing for the worst, is not the same as hoping for the worst.