Big Dog's Boom Boom Room Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: elmatador who wrote (91405)	10/3/2007 10:21:17 AM
From: Spekulatius	Read Replies (3) of 206121

Why do you think that the US$ is depreciating? I think the US$ fundamentals are no worse than those of the Eurozone. On a buying power comparison the US$ is dirt cheap. The Europeans travelling here can attest that. US has more debt but the Europe has far worse demographics, which is a huge LT liability. Looking we had wide swings in the value of the US$ before and the pendulum will swing back. I remember the headlines in the late seventies "You can't buy a cup of coffee (which cost somewhat less 2 Deutsche Marks then) for a US$). The US$ was considered trash then It's almost impossible to find somebody bullish on the US$, yet the US is still the largest economy and outgrowing the Euro zone. Strange isn't it? Being a contrarian is always a lonely place and this is not different. FWIW the best bet maybe HK$, which is still pegged to the US$. However HK economy is much more attached to the China than to US nowadays. With the Yuan appreciating this cannot go forever, I think.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next