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

To: carranza2 who wrote (60732)	2/5/2010 3:16:44 PM
From: Archie Meeties	Read Replies (1) \| Respond to of 217802

The question is always; how fast does a currency devalue and compared to what? Currently the Dollar index is about 5-10% lower than the 1991-1995 period and what 5% higher than it's 2007-2008 lows? The extremely low default risk takes severe correction off the table. Throw in the instability of the eurozone and some grim problems in Japan, and it's hard to make a strong bear case for the dollar. This is unfortunate for the US, as a weak currency, especially against artificially controlled currencies (won, yen, yuan) is an impediment to expansion. I'm open to the possibility that because of the massive creation of debt of late, all currencies may become weak vs. some commodity. Still trying to sort through that possibility. My thought has been that the best performing commodities in such a scenario would be those with utility. IE, tungsten, copper. Sold 1/2 of my DZZ @15.01