Comments on Market Skeptics: Asian Demand For Luxury Items Disappears

Thanks for following my blog. I will write an ent...

2008-12-29T02:55:00.000-08:00

Thanks for following my blog. I will write an entry answering your questions later, but for now here is a quick summary of what I see happening.

I believe the dollar's collapse is already underway, and the dollar will hit a new low soon, probably in the next two weeks. When the dollar does hit a new low, investors will start to worry and sell treasuries. From there, my guess is that it takes a month or two before we start seing full blown hyperinflation.

It may sound crazy, but by the end of next year I see an ounce of gold at least one million dollars. That's 1100 times where it is today, but it's easily achievable with nine or ten months of hyperinflation.

I will answer the rest of your questions in more detail later this week.

PS: Where do you see those numbers in 6mos.?

2008-12-27T21:35:00.000-08:00

PS: Where do you see those numbers in 6mos.?

Dear Eric,I would like to congratulate you on a VE...

2008-12-27T21:30:00.000-08:00

Dear Eric,

I would like to congratulate you on a VERY well run blog based on quality, quantity and consistency of content. Some of us here on the internet appreciate a devoted blogger who makes attempts to updated content on a daily basis (you're definitely on my favorites list.)

I've felt motivated on several occasions to contribute comments whereas normally I don't because other bloggers don't make the effort or have the quality analysis I find on your site.

I would like to challenge you to extrapolate though, based on current information, of where you see the Dow? What you expect the unemployment rate to be? And where you do see inflation at? (the official number because we all know you need to add at least 5 percent to that.)

I think States are going to go bankrupt within the next 6mos, Californias already said it will run out of money by Feb. 09 which will trigger an avalanche of other states New York and AZ come immediatly to mind with NV not far behind.

Major Retail chains are gonna hit the deck in the next 6mos from what tea leaves I am reading. Obamas coming online in late Jan. armed for bear. Now givin that, can you sketch out a little prediction of the aforementioned numbers.

We know all know the SH@t is gonna hit the fan, we just don't know when and you sound like a sharp dude.

Designer clothes on sale? It never happens here in...

2008-12-27T15:18:00.000-08:00

Designer clothes on sale? It never happens here in Israel.
Well, "the biggest global crisis since the great depression" is breaking some "Never"s.