Comment: Texas Little El

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Texas Little El

Texas Little El said; "Two more scandals and that will do it. The dollar will drop, QE3 will end and silver, gold and copper will head for the moon."

The dollar will drop means by default the Euro, Yen and Pound (80% of the dollar) will rise. Explain to me how these economies and their Central Bank activities are better than that of the Fed and U.S. policies. Keep in mind, I well understand the ramifications of Fed policy. I just want to see why you are bullish in those 3 currencies versus the U.S. dollar based on economic data, perception and Central Bank activity.

No right or wrong answer, just explain your point of view further if you could. Thx.

Author of Buy Gold and Silver Safely
Next book: Illusions of Wealth - due out soon
Also writing book We the Serfs!