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0 US Dollar: The Mother of All Bubbles News to Gold Prices — Tags:  
This is my fundamental currency thesis that I have been following since 1997, and it appears to be valid so far. I do not see the resolution in hyperinflation per se, but I do think the new dollar will have a value of about 10% of the current dollar. In other words, they will knock a zero off the current dollar on surrender for new dollars. For example, if you have $100,000 in savings, and it will afterwards be worth 10,000 in new dollars. Eliminating 90% of its foreign debt obligations will certainly help to repair the US Balance Sheet. It is possible that this is accomplished in inflation, rather than a more formal evaluation, and over a long period of time, say twenty years or so.

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