Hi Maurice, <<natural contrarian ... wondering ... US$ might ... hold ground from now on ... Everyone ... predicting a US$ decline of greater or lesser proportions>>
Not true. Careful. Look again. The <<last graph, for Y2K onwards, has a decidely volatile nature, which means value is a very uncertain proposition>> means most are betting that the USD will hold value.
<<30% moves are very common throughout the history of the index, so it's no big deal>> to the chart and to history. If you get hit by it, again perhaps, or twice, maybe, then it may become a big deal when viewed from your window, though we of the thread may not hear your financially weakened whimper.
You do not really want to tempt fate, lose, and then have to come out of retirement again, do you?
Chugs, Jay |
