China is making preparations for the ultimate demise of the dollar … and so should you.  Stories knocking the dollar never get much exposure in the mainstream media (many outlets wrongly consider it unpatriotic to bash the buck).

Dollar continues to rally…  John Taylor buys dollars…  Canada sees a deficit!  More bailout funding…  And Now… Today’s Pfennig!

We’ve been in a thirty-year bull market for US Treasuries, says Matthew Collins. And near-zero yields mean little reward for the risk of potentially buying into a bubble. Matthew says investors would do better to put their capital in select high-grade corporate debt or gold.

I should not have to tell you that this is going to be a big week, a monumental week, really – not only for the country, but for Wall Street.

The forces of the universe are pulling against one another. Tomorrow at noon, the nation will gain a leader that has inspired hope in millions of Americans. Economically, Obama’s stimulus plan is viewed as the last chance to keep the nation’s economy from retreating to a full-on depression.

I will be watching closely to see if Obama’s 6-foot-1-inch body shrinks at the exact moment he places his left hand on the bible as the weight of numerous global crises is piled on his back. It will take one heck of a leadership…

It seems everyone is turning against US Treasuries now. But Justice Litle says it might not be the best move. After a vicious fall at the start of the year, investors could flock back to Treasuries as the recent rally in stocks subsides. Justice says the arguments for shorting the dollar are far more convincing right now.

As expected, U.S. Federal Reserve policymakers slashed a benchmark interest rate yesterday (Tuesday). But they cut it by a bigger-than-expected amount, and did so in an unconventional manner.

In late 2002, I recommended buying a way to play high-yield bonds, for the first time ever, in my newsletter, True Wealth Our timing was excellent.