This is topic Last Warning! Three-Pronged Collapse ... Stocks, Bonds and Real Estate in forum Off-Topic Post, Non Stock Talk at Allstocks.com's Bulletin Board.
Today I want to give you one final warning on the crisis I see coming. I've told you some of this before, but I feel it's so important that it needs to be repeated one last time. Gold's rally back over $600, and recently to more than $640 an ounce, is telling us — in no uncertain terms — that a financial crisis of major proportions is about to strike.
The dollar is telling us the same thing — that the “full faith and credit” of the U.S. Government is plunging ... that all is not well. Just look at how the dollar has been falling against many of the world's currencies ...
The dollar used to be worth more than six British pounds; now, it's worth about half of a pound.
A greenback used to be worth three Swiss francs; today, the two are almost equal.
The U.S. currency has already lost nearly 30% against the euro, which is barely six years old.
And the dollar is at a nine-year low against the Thai baht, a country that recently experienced a military coup!