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PierreLaRogue
15 Oct 10 17:14
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Date Joined: 31 Aug 07
| Topic/replies: 1,408 | Blogger: PierreLaRogue's blog
american stocks? gold, silver ect? what would they be priced in? watching bernanke today talking about new tools, the only tool i could see was him.
Pause Switch to Standard View dollar collapse what would happen to
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Report Banwana October 15, 2010 6:17 PM BST
A dollar collapse would bring down more than one currecy.
Report Live4 October 15, 2010 6:27 PM BST
Still dollars, there will just be a few more zeros. 

What other currencies would a dollar collapse bring down?
Report Banwana October 15, 2010 6:34 PM BST
I really can't see a collapse of the dollar unless the pound and euro are coming down with it.
Report Mrben October 16, 2010 2:08 AM BST
Banwana Joined: 29 Apr 07
Replies: 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.

LaughLaugh


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  loomsBlush
Report wykhamist2 October 22, 2010 1:12 AM BST
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
Report J2BLUE. October 28, 2010 9:19 PM BST
Anyone fancy a gold backed Yuan as the next world reserve currency?
Report Whippet October 28, 2010 10:38 PM BST
I think the US would rather start another world war than let that happen.
Report PierreLaRogue October 29, 2010 12:39 AM BST
Yep we all know what happened to Iraq when they tried to use euro's instead of dollars, financial terrorists.
Report BillyBunnsLane November 2, 2010 11:20 AM GMT
..and whats going to happen to Iran if their Oil Bourse continues to be 'anything but the dollar'...
Report J2BLUE. November 2, 2010 1:04 PM GMT
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?
Report Live4 November 5, 2010 12:14 AM GMT
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.
Report J2BLUE. November 6, 2010 12:55 PM GMT
Live that is over $2500 per person living in the states.

And people wonder why there is inflation.
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