Sithara007
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April 15, 2015, 02:05:49 PM |
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Even they know, they don't have a better alternative right now. And if they have a better alternative, they don't even need to know the flaws of fiat money, they will just stop using it
The nature of a leveraged system like a fiat currency is that the more stable it is, the more incentives there are among the elites to leverage it and thus destabilize it. The thing can never be truly stable. After a century of leverage, and especially after 2008, if average people just put a small portion of their savings into a non-leveraged asset like gold or bitcoin, the dollar based system would probably be in big trouble. The reason the Fed still can't quite raise interest rates (though it would love to) is this fragility, that can't suffer any liquidation. I understand that views tend to be inflated on both sides of the debate. That's why it's probably best to keep bets on both sides. But one can not be at both side when the time will come. One has to take a side and prepare herself/himself for that by investing inn the appropriate mode of investment he thinks will be best for him/her.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
AVATAR & PERSONAL TEXT Leading Crypto Sports Betting & Casino Platform Feel free to drop your doubts bellow Report to moderator ♠ ♥ ♣ ♦ ▬▬▬ ▬ Stake.com / Play Smarter ▬ ▬▬▬ ♠ ♥ ♣ ♦ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L E A D I N G C R Y P T O C A S I N O & S P O R T S B E T T I N G Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Strongkored Legendary * Online Online Activity: 2072 Merit: 1061 View Profile Personal Message (Online) Trust: +0 / =0 / -0 Ignore Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY May 31, 2022, 08:28:59 AM Reply with quote +Merit #2 Bitcointalk Username: strongkored Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554Post Count: 5040 Forum Rank: Legendary Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt Stake
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BobK71
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April 15, 2015, 04:22:35 PM |
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But one can not be at both side when the time will come. One has to take a side and prepare herself/himself for that by investing inn the appropriate mode of investment he thinks will be best for him/her.
I would place most of my money on the side that is a pretty safe bet right now (ie the dollar and associated assets), and a small portion on the assets that are speculative right now but would be a huge win if they came through (ie against the dollar system.)
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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BobK71
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April 15, 2015, 04:25:54 PM |
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Even they know, they don't have a better alternative right now. And if they have a better alternative, they don't even need to know the flaws of fiat money, they will just stop using it
The nature of a leveraged system like a fiat currency is that the more stable it is, the more incentives there are among the elites to leverage it and thus destabilize it. The thing can never be truly stable. After a century of leverage, and especially after 2008, if average people just put a small portion of their savings into a non-leveraged asset like gold or bitcoin, the dollar based system would probably be in big trouble. The reason the Fed still can't quite raise interest rates (though it would love to) is this fragility, that can't suffer any liquidation. I understand that views tend to be inflated on both sides of the debate. That's why it's probably best to keep bets on both sides. BTW, I'm not sure if you are familiar with the developing world. In many countries, people carry two currencies in their heads and it's no problem. There is usually the local currency for most everyday transactions, and also some reserve currency (or equivalent) that is understood to be a more stable store of value. Every money related conversation becomes nuanced by currency, and people know the current exchange rate most of the time.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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tyz
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April 15, 2015, 06:33:22 PM |
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I just want to remember for Dollar and Euro collapse predictions for 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014 and now 2015. I am pretty sure the US-Dollar will survive some more decades. The Euro however will likely be buried till the end of this decade.
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tobyjaguar
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April 15, 2015, 07:52:45 PM |
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however low yield assets, conditioned by the FED, are pushing risk appetites...so the dollar is strong (and no one really wants that from investor to FED) and risky assets are creating yield, junk bonds, high risk-credit, etc. Not a very good investing environment. I like gold and bitcoin long term, toilet paper and liquor in the medium.
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leopard2
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April 15, 2015, 08:57:50 PM |
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The most fucked up currencies and most likely to go down the tubes are, in this order: EUR, JPY, RUR, USD EUR, the Esperanto of currencies ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) So while USA is worse than Greece (US national debt, state and city debt make Greece look rock solid), there is no alternative because others are even more fucked up...
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Truth is the new hatespeech.
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Mehek
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April 15, 2015, 09:02:32 PM |
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Sithara007
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April 17, 2015, 03:42:01 AM |
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But one can not be at both side when the time will come. One has to take a side and prepare herself/himself for that by investing inn the appropriate mode of investment he thinks will be best for him/her.
I would place most of my money on the side that is a pretty safe bet right now (ie the dollar and associated assets), and a small portion on the assets that are speculative right now but would be a huge win if they came through (ie against the dollar system.) Yeah that will be very wise decision because Dollar is thought to be the strongest one right now. But do diversity your investment so that you will have less risk and more profit.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
AVATAR & PERSONAL TEXT Leading Crypto Sports Betting & Casino Platform Feel free to drop your doubts bellow Report to moderator ♠ ♥ ♣ ♦ ▬▬▬ ▬ Stake.com / Play Smarter ▬ ▬▬▬ ♠ ♥ ♣ ♦ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L E A D I N G C R Y P T O C A S I N O & S P O R T S B E T T I N G Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Strongkored Legendary * Online Online Activity: 2072 Merit: 1061 View Profile Personal Message (Online) Trust: +0 / =0 / -0 Ignore Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY May 31, 2022, 08:28:59 AM Reply with quote +Merit #2 Bitcointalk Username: strongkored Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554Post Count: 5040 Forum Rank: Legendary Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt Stake
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GreenStox
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April 17, 2015, 05:53:25 AM |
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How many times do I have to tell it, it won't be a dollar "collapse" it will be hyperinflation!
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Sithara007
Legendary
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April 17, 2015, 08:37:51 AM |
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How many times do I have to tell it, it won't be a dollar "collapse" it will be hyperinflation!
How many times, have you already told, my dear friend? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
AVATAR & PERSONAL TEXT Leading Crypto Sports Betting & Casino Platform Feel free to drop your doubts bellow Report to moderator ♠ ♥ ♣ ♦ ▬▬▬ ▬ Stake.com / Play Smarter ▬ ▬▬▬ ♠ ♥ ♣ ♦ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ L E A D I N G C R Y P T O C A S I N O & S P O R T S B E T T I N G Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. Strongkored Legendary * Online Online Activity: 2072 Merit: 1061 View Profile Personal Message (Online) Trust: +0 / =0 / -0 Ignore Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY May 31, 2022, 08:28:59 AM Reply with quote +Merit #2 Bitcointalk Username: strongkored Profile Link: https://bitcointalk.org/index.php?action=profile;u=640554Post Count: 5040 Forum Rank: Legendary Are you able to wear our Signature, Avatar & Personal Text? will wear upon receipt Stake
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GreenStox
Sr. Member
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April 17, 2015, 07:55:37 PM |
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How many times do I have to tell it, it won't be a dollar "collapse" it will be hyperinflation!
How many times, have you already told, my dear friend? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Like 3 times already in this thread and many more times around the forum. Everybody prepares for a collapse, but there wont be, the banksters will never let their ponzi scheme fall, they will try to keep it on life-support as long as they can with printed money. It will be hyperinflation, globally, not just for the USD, Zimbabwe-style.
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spazzdla
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April 17, 2015, 08:25:50 PM |
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WTF are you talking about guys, there will be no DOLLAR "COLLAPSE"
It will not be a collapse, it will be hyperinflation, you dont seriously think that their government will default on all that debt?
They will print it away, and prices will rise madly, it will be hyperinflated!
I think that is what he means.. when $100 000 000 000 buys you a coffee your currency has collapsed.
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GreenStox
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April 17, 2015, 08:31:02 PM |
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WTF are you talking about guys, there will be no DOLLAR "COLLAPSE"
It will not be a collapse, it will be hyperinflation, you dont seriously think that their government will default on all that debt?
They will print it away, and prices will rise madly, it will be hyperinflated!
I think that is what he means.. when $100 000 000 000 buys you a coffee your currency has collapsed. Technically yes but, since all other currencies are worse shape, the dollar will always be strong, so for example the EUR/USD will sink to about a 0.01 level, and it would look though as the USD is strong. Also the Dollar index will always go up, so the dollar will strengthen relative to the otther currencies, but what will actually happen is that the other currencies sink faster than the dollar so it would look like as the dollar is strengthening. Yes there will be 1 day then everyone will be a $ billionaire, but by then you will be an € quadrilionaire and so on, however you will still only have 10 ounce of gold, even though if you are a $ billionaire. So the tecnhical term is still hyperinflation, not dollar collapse.
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Natalia_AnatolioPAMM
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April 17, 2015, 09:35:37 PM |
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How many times do I have to tell it, it won't be a dollar "collapse" it will be hyperinflation!
so the same ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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GreenStox
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April 17, 2015, 09:47:13 PM |
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How many times do I have to tell it, it won't be a dollar "collapse" it will be hyperinflation!
so the same ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) No its not because you can still make money from this "collapse" by shorting EUR/USD, long USD/JPY and so on. If it were a real collapse then everyone would lose money. Read my previous post to understand better.
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hetecon
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April 17, 2015, 10:06:58 PM |
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Hyperinflation has not happened in 2015
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GreenStox
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April 17, 2015, 10:15:01 PM |
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Hyperinflation has not happened in 2015
No but there is already a 7-8 % inflation in the USA and Europe, and the Central Banks cannot raise interest rates because they cant pay the interest on the debt then. So because they cant raise the interests rates ever again, the inflation will just grow and then get out of control one day. Wait 2-3 more years and then we will talk.
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vvv8
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April 17, 2015, 10:24:32 PM |
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Hyperinflation has not happened in 2015
No but there is already a 7-8 % inflation in the USA and Europe, and the Central Banks cannot raise interest rates because they cant pay the interest on the debt then. So because they cant raise the interests rates ever again, the inflation will just grow and then get out of control one day. Wait 2-3 more years and then we will talk.Exactly. The thing is, when hyperinflation does hit, the general public will feel it, hence why it is called hyper-inflation. When they feel it, they will begin to understand that everyday they hold onto the Dollars, they are losing value in those dollars. People will start to panic and want to store their wealth in something more stable, this will make the hyperinflation worse.
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GreenStox
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April 17, 2015, 10:27:36 PM |
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Hyperinflation has not happened in 2015
No but there is already a 7-8 % inflation in the USA and Europe, and the Central Banks cannot raise interest rates because they cant pay the interest on the debt then. So because they cant raise the interests rates ever again, the inflation will just grow and then get out of control one day. Wait 2-3 more years and then we will talk.Exactly. The thing is, when hyperinflation does hit, the general public will feel it, hence why it is called hyper-inflation. When they feel it, they will begin to understand that everyday they hold onto the Dollars, they are losing value in those dollars. People will start to panic and want to store their wealth in something more stable, this will make the hyperinflation worse. Yea but even if they dont, hyperinflation will eventually happen. That of course unless all governments stop borrowing once and for all. Yea but who will pay for all those wars, welfare ,pensions, subsidy and bureocracy? Not a chance, they will not cut their spending. So hyperinflation is inevitable
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OROBTC
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April 18, 2015, 03:20:25 AM |
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...
I am late to this party, but my thinking is that the US$ will be fairly strong against almost all of the other major currencies in 2015.
NIRP (negative rates) in Europe will likely drive money here to our Treasuries. And conditions are bad there in Europe... I note Italy where we have friends, sea-borne migrants from Libya apparently just tossed some Christian migrants overboard. Murder. And there are lots of Muslims in Europe along with many other problems (based on Socialism).
Yes, the USA has its own problems and corruption, and on a near epic scale. But, IMO the US Dollar will reign supreme for a while.
Still, that is just my opinion. You may want to buy gold (etc.) if you do not own some. Why not join "the other 1%" (owners of physical investment gold)?
Bitcoin is another diversification...
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