Let us look at all commodities.Gold is the least consumable commodity as human beings can do without gold in perilous times.Worst that can happen with gold is that it's value dwindles and is not utilizable in bad times.On the contrary, US $ can be utilizable even in bad times for exchange and/or purchase of daily utilities.Who can use gold for buying groceries ? There is nothing wrong with dollar except the fact that our economy is not properly handled. US must step up its own production of daily needs rather than import and put dollars in the hands of other countries thereby puting more dollars in the hands of it's own citizens.Oursourcing of jobs is a bad idea and the same jobs can be offered to US citizens.Also recently oil price is now reasonable for US economy.The big three automakers must run their companies more economically thus paving the way to less and less imports. Further,we must acknowledge the fact that US is a much much better country in respect of natural resources.
Dow Will Equal Gold in 2009 [View article]
There is nothing wrong with dollar except the fact that our economy is not properly handled. US must step up its own production of daily needs rather than import and put dollars in the hands of other countries thereby puting more dollars in the hands of it's own citizens.Oursourcing of jobs is a bad idea and the same jobs can be offered to US citizens.Also recently oil price is now reasonable for US economy.The big three automakers must run their companies more economically thus paving the way to less and less imports. Further,we must acknowledge the fact that US is a much much better country in respect of natural resources.