[Ludi]

$this->bbcode_second_pass_quote('Revi', 'H')ere's an article about what could happen: link
I always take what the goldbugs say with a grain of salt, but this guy makes some good points. He's the one who says late March/April things could happen.

[TheDude]

$this->bbcode_second_pass_quote('', 'N')ow I would not necessarily mark the $’s demise in 2009, where as can be seen above 89 years could grow longer, however 2010 could in fact provide an interesting test in this regard. We know this because despite the rue monetary authorities are attempting to portray right now that tightening is actually an option moving forward, it’s likely quantitative easing (QE) and monetizations will need to be stepped up next year as a result of all the spending this year, seeing the Obama Administration break all the records in this department.

So, those who are thinking 2010 will be a ‘good year’ should readjust their viewpoints in my opinion, and in fact really stretch those brain cells to include the concepts of bank runs, hyperinflation, and the $’s demise. This is because if equities turn lower at some point this coming year the test will be on – and QE / monetization practices will have to be ramped up again or wholesale Japanese style deflation will be the result.

[Ludi]

So should we get our money out of banks by then? (if we haven't already)

[gollum]

$this->bbcode_second_pass_quote('TheDude', 'T')hat would make a good poll - what would you do with a $5k check from the "Fed"? Buy weapons to protect yourself from same? Buy an 1/8 of a Chevy Volt? --snip--

[timmac]

$this->bbcode_second_pass_quote('hope_full', '')$this->bbcode_second_pass_quote('', 'A')nd the population of California is somehow sustainable? we're not as far from Haiti as many would like to think just look at the condition of our cities.

[oowolf]

For those of us who are financial ignoramuses, but otherwise fairly intelligent, Stoneleigh and Ilargi over at the automatic earth blog do a pretty good job of translating Financialese into plain english.

[Roy]

$this->bbcode_second_pass_quote('', 'T')hat would make a good poll - what would you do with a $5k check from the "Fed"?

[Revi]

Let's assume that the Goldbugs are right and there is something that will happen in the next few months.

What are we going to do?

I really don't know, but it seems like it's a possibility.

[threadbear]

Bernanke might get the boot, in what seems like a wave of faux populist indignation by the likes of O-blah-ma, and other pols anxious not to end up on the wrong side of a pitch fork. Do you think that his replacement, would raise interest rates, risking yet another round of potential pitchforks?

Get ready for the mother of all dollar devaluations if Bernanke is trundled off to Neverland, another Lost Boy of high finance.

[Homesteader]

$this->bbcode_second_pass_quote('Revi', 'L')et's assume that the Goldbugs are right and there is something that will happen in the next few months.

What are we going to do?

I really don't know, but it seems like it's a possibility.