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Forecast: U.S. dollar could plunge 90 pct PDF Print E-mail
The News - Economy
Written by Administrator   
November 26, 2007

A financial crisis will likely send the U.S. dollar into a free fall of as much as 90 percent and gold soaring to $2,000 an ounce, a trends researcher said.

"We are going to see economic times the likes of which no living person has seen," Trends Research Institute Director Gerald Celente said, forecasting a "Panic of 2008."

"The bigger they are, the harder they'll fall," he said in an interview with New York's Hudson Valley Business Journal.

 Source : United Press International

 
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