<<It is almost impossible to imagine a future for the dollar that is anything but down>>
... an Israeli attack on Iran may boost the Dollar on safe haven rush for sometime as it destablizes Saudi Arabia and entire region that produces oil, and this is an almost inevitable event as current trend line extends
... a US withdraw from Iraq may do the same, that is destabilize Saudi Arabia, and forcing Israel's hand in the matter of Iran, and this too is an almost inevitable event as current trend line extends
both of above takes assumes that Israel cannot 'afford' to take a chance on Iran sporting nukes, which one supposes can be within 5-8 years, and so the Dollar may be relatively safe for at least that period
... so, perhaps Canadian energy would be a good core hold, always, and negativity toward the Dollar must be tempered, measured, paced, and watch & briefed
... gold ought to continue its upward move against the Dollar, since the move to gold historically always indicated approaching emergencies, spiking into the clear and present arrival of such emergencies
chugs, j |
