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Odds 'n Sods:
I'm still predicting a dramatically weaker US Dollar in foreign exchange in
the months to come. As I've mentioned before, you should watch the US
Dollar Index (USDX) closely. If and when it
dips decisively below 72, watch out. From there, we might
see a precipitous
drop! (Back
in August of 2007, I first mentioned the "magic number " 72.
It is
a
sort of "line
in the sand" number for currency traders in their assessment of the US Dollar.
Anywhere south of 72 lies extreme peril--and below 55 perhaps the traders will start to question
the
very
existence
of the US Dollar as a viable currency unit. It
is
notable
that
the
USDX has
been
bouncing
off
the
new-found "floor" of
72 for the past three months. Continue to watch the USDX closely. It
is
an
important
barometer
that may
provide a
brief
warning of of a Dollar Collapse.
o
o o
Speaking of weaker currencies, Paul from Kentucky sent us this: Zimbabwe
to remove [more] 'zeros' from currency.
o o o
Jack B. mentioned this: Inflation
dogs Russia's booming economy. When inflation worsens, move even more
of your assets to tangibles.
o o o
Thanks to Cheryl N. for this article link: Costco
to Raise Prices as much as 15%. If you haven't done so already, it is
time to implement an Alpha
Strategy, in anticipation of mass inflation. The spiraling price of fuel,
just by itself, is making significant inflation inevitable. If you need to
exactly what to stock up on, see my "Rawles
Gets You Ready" preparedness course. It is geared toward stocking
up at "Big Box" stores such as Costco and Sam's Club.
o o o
It has been announced that Terminator:
The Sarah Connor Chronicles (TSCC) will return to the small screen on
September 8th. IMHO, it is the best quasi-survivalist show on television.
(But I'm probably not the best judge of that, since I don't get the chance
to see much television. We don't own a television set. The few
shows that we do watch
are either on DVD or via Internet streaming.) OBTW, this reminds me: One
of the stars
of
TSCC
is Summer
Glau,
who played
River
Tam in the
outstanding television series Firefly, and in the subsequent Hollywood
movie Serenity.
A
new Collector's Edition of Serenity was recently released. Great
stuff!
