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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Poet who wrote (193043)3/24/2009 6:14:42 PM
From: ajtj99Read Replies (2) | Respond to of 306849
 
Countries are just letting off steam. There is no replacement for the USD for the foreseeable future.

The Euro may be torn apart. The Remninbi isn't even convertible. The Pound is getting pounded. The Yen is backed by a country that's in perpetual recession.

Other than Gold, I don't see another reserve currency.