The Dollar Dam is Breaking
Richard Benson
Dec 4, 2006
Treasury Secretary, Henry M. Paulson, is rushing off to China next month and will lead a delegation to Beijing for the inaugural meeting of the U.S. - China Strategic Economic Dialogue. He'll be taking high-ranking Administration officials with him, including Federal Reserve Chairman, Ben S. Bernanke. Because Hank and Ben are responsible for stabilizing the financial markets and need to work together to try and stabilize the dollar, their activities in China will undoubtedly be closely watched worldwide.
The China trip means that the ticking time bomb at the bottom of the dollar dam needs to be defused before it blows up.
Hank and Ben are also part of the Working Group in a team which includes the heads of the SEC and the Commodity Futures Trading Association, commonly referred to on Wall Street as the "Plunge Protection Team" (PPI). This Team has the entire United States Treasury at their disposal and this trip to China could undermine faith in the Administration's ability to fix the massive Trade Deficit problem in an orderly manner.
Preventing another 1987 "Black Monday" is on the Agenda, but the investing public will never be told that it is.....more
http://www.321gold.com/editorials/benson/benson120406.html
At last: 
So, with the U.S. stock markets up smartly the second half of this year, now is a wonderful time to cash in your chips at the stock market casino and head for the exit door before the mad rush.
Remember, if you own dollar assets, a falling dollar can cause havoc to most American and foreign investors. Only those who invest in foreign financial assets or real assets (such as commodities or gold and silver) are likely to be safe and not swept away when the dollar dam breaks.