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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Taikun who wrote (3831)1/30/2006 11:20:28 AM
From: Seeker of Truth  Read Replies (1) | Respond to of 218000
 
Hi Taikun,
By "collapse of the USD" I meant just that, not collapse of, for example, our Canadian dollar. Commodities are priced in any currency you can think of, not just the USD. If the USD collapses why should Brazil charge less for their alcohol in terms of reals? Why should France charge fewer euros for their perfume, etc.
I think we will see this happen. The prices of things in the US will explode and the value of "foreign" currencies in relation to the USD will soar.
JMHO