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Pastimes : The Philosophical Porch
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To: Rarebird who wrote (4952)11/21/2009 5:39:45 PM
From: Claude Cormier  Read Replies (1) of 26251
 
The dollar is likely to bounce one day as it is never a one way street. It will certainly bounce against other currencies. But not necessarily against gold, at least not significantly.

The CBO calls for 9 trillion of additional debt in the next 10 years of which more than half will be from interest charges on the debt. In that context, who would pay a premium for the US dollar. Not me. Will you?
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