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

To: Giordano Bruno who wrote (31291)	10/25/2010 12:43:48 AM
From: GST	Read Replies (1) \| Respond to of 71479

<many investors have doubts as to whether the greenback can retain its value and remain the world’s primary reserve currency.> I think it is a given that it cannot retain its value -- and the issue is what to do about it. A basket may work years down the road, but for now it is a matter of limiting the turmoil. Amidst this turmoil gold will rise as one of the few predictable appreciating alternatives to the dollar. We will never again have a 'gold standard' -- but we will have currency chaos as the dollar slips and slides as any currency would in the face of a current account deficit that words cannot fully describe.