CaptBob

The Always Precarious Dollar (and Its Impact on Gold)

The only thing holding up the dollar is other country's pursuing the same "strategy" with their own fiat currency's. It looks like a race to the bottom!!.
Our gain in trade balance will only result in the dollar holders around the world exchanging them for other currencies as fast as we can accumulate them. At least we can use them to rescue Banks and Housing-(simultaneousl... since they're joined at the "Mortgage"), and won't have to print more, but we will anyway I'm sure, there's always an excuse once "you're addicted" it's just sooo easy.
Pity Asia and the Mid-East still won't buy from us--well maybe food--, can't let the price of that slip.