It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford

Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin

The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Sunday, 20 December 2009


Longer term the dollar is toast,if we are to believe Jim Rogers.However even he believes bearishness toward the dollar had become too extreme,and now we have the inevitable rally.Speculators had been borrowing dollars because of the low rates and buying risky assets.Now they are having to close these trades.Looks like more pain to come.

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