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Francis Schutte » Comments » EDV

  • Has the Dollar Hit a Major Bottom? [View article]
    Excellent! You just nailed it. The problem with many analysts and investors is that they are impatient and trade a lot.


    On Aug 17 08:13 AM chap08 wrote:

    > Like most commentators, Prechter gets 50% wrong and only talks about
    > the ones he got right.
    >
    > As for the dollar, I can't tell you what it will do in the short
    > term (no one can), but in the long term:
    >
    > - It is overvalued against asian currencies. They keep paying the
    > price to keep the dollar up. This can't last for ever.
    >
    > - It is overvalued against gold. We'll be printing a hell of a lot
    > more greenbacks but they wont be making too much more gold.
    Aug 17 08:46 am |Rating: +2 0 |Link to Comment
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