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  • Don't Expect the Dollar to Repeat Its 2008 Performance  [View article]
    Those suggesting a new currency from the middle east as a serious competitor to the US Dollar as a reserve currency are IMO not being realistic. The quantity of funds necessary for a reserve currency would dwarf the small economies of the middle east. The US Dollar will not be seriously threatened as the world's primary reserve currency for many years, despite the ridicule heaped on it by the gold community.

    I respect gold as a hedge commodity and own it. Gold investors please keep in mind I am commenting on a new middle east currency as a viable global reserve currency, not being critical of gold as an investment.
    Jan 04 23:26 pm |Rating: 0 0
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