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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (16518)1/21/2009 9:55:46 PM
From: ggersh  Respond to of 71456
 
Everyone is trying to figure which currency is safe...what i want to know is where all these Dollars are going? A black Hole?
Paying off, derivative monster, Overseas?

"Historically, currencies do not exhbit the same characteristicts like interest rates, or stocks. You don´t need to cover currencies, like stock. Why buy (back) a currency which becomes gradually weaker? The local government prints more of them...(so it goes for the EUR, too: by adding more countries to the system, partly with insufficient economic power, the EUR became bloated, or diluted...)."

So right. And adding countries spread the risk?