Gold and the Dollar: Value is in the Eye of the Beholder [View article]
The biggest threat to US economy is a stable Euro. With massive debt of over $55 trillion (source: truthin2008.org), the only way we can prevent a disaster is to make sure that there is no stable alternative to US$. The world has been our banker because of faith in US$ and this is why they have been lending money to us despite massive national debt. If a stable alternative currency such as Euro replaces US$, who is going to finance our debt laden high standard of living?
Gold and the Dollar: Value is in the Eye of the Beholder [View article]