I really can't see a collapse of the dollar unless the pound and euro are coming down with it.
how exactly would that work? USD falls and the EUR/USD cross falls at the same time?
If you really want to make money from the USD fall buy the might aussie dollar. Parity and beyond looms
Banwana Joined: 29 Apr 07Replies: 582 15 Oct 10 18:34 I really can't see a collapse of the dollar unless the pound and euro are coming down with it. how exactly would that work? USD falls and the EUR/USD cross falls at the same time?If you reall
ME countries are gradually trying to move away from the dollar and trade oil in a basket oflocal currencies which will be partially backed by gold.
This could spell big problems for the dollar.
Personally I am happy my money in gold for now, especially if there is gonna be another round of QE and possible further bank bailout.
i feel we a
ME countries are gradually trying to move away from the dollar and trade oil in a basket oflocal currencies which will be partially backed by gold.This could spell big problems for the dollar. Personally I am happy my money in gold for now, especiall
Iran converted 15% of their reserves into gold in the last 2 years.
Countries want out of the dollar and why wouldn't they when Ben Bernanke publically admits he wants inflation?
Iran converted 15% of their reserves into gold in the last 2 years. Countries want out of the dollar and why wouldn't they when Ben Bernanke publically admits he wants inflation?
He's not just publically admitted it, the Fed have printed around $2.5 trillion dollars out of thin air already. No wonder gold, silver, copper, wheat, cotton, oil and every commodity under the sun is going up in price.
He's not just publically admitted it, the Fed have printed around $2.5 trillion dollars out of thin air already. No wonder gold, silver, copper, wheat, cotton, oil and every commodity under the sun is going up in price.