What I find fascinating is that the Dollar is not being shorted. At this point, everyone knows the US is no longer AAA, and interest rates are effectively zero. In a normal setting, the dollar would drop like a stone. It hasn't yet for the reason the article mentions, but it's pretty clear it will -- and soon. So to me, this seems to be an opportunity of a lifetime, to short the dollar with gold, silver, Singapore Dollars, etc. Am I crazy?
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Interesting article. Thanks.
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> So to me, this seems to be an opportunity of a lifetime, to short the dollar with gold, silver, Singapore Dollars, etc. Am I crazy?
Shorting the dollar only works if you can find something that will hold its value better.
It's not enough that the US system have problems, you can't make money unless you shift to a system will less problems.
I note that the Euro economies are taking an even larger hit. So much for their "superior regulation"....