Treasuries and the U.S. Dollar: Twin Bubbles [View article]
People are predicting demise of the US dollar without ever mentioning against which currency. The only currency that has a chance to be stronger ris the Chinese yuan. But even there I see risk. The yen is already trading close to the all-time high and no one ever knows the state of their financial system. The euro is likely to head way down against the dollar too. I can see gold going higher against all currencies but it's not happening yet for some reason. I am buying TBT and DRR.
-
People are predicting demise of the US dollar without ever mentioning against which currency. The only currency that has a chance to be stronger ris the Chinese yuan. But even there I see risk. The yen is already trading close to the all-time high and no one ever knows the state of their financial system. The euro is likely to head way down against the dollar too. I can see gold going higher against all currencies but it's not happening yet for some reason. I am buying TBT and DRR.
Nov 13 00:37 am
|Rating:
0
0
All Comments by igggy »Treasuries and the U.S. Dollar: Twin Bubbles [View article]