If the U.S. Is in a Financial Crisis, Why Is the Dollar Rallying? [View article]
As the reserve currency with most commodities trading in Dollars. The dollar and Yen have been safe havens, the Yen has appreciated 25% more than the dollar.
This flight to safety will end, the final drop will start and inflation will start to creep in and finally soar as as the massive virtually simultaneous Global stimulus packages start. If anyone actually believes the USD will rise in the face of rising commodity prices, all they have to do is look back to 2003-2007.
Meanwhile, please note that the USD peaked out at 1.20 dropped to .71 before spiking to the present level. A similar drop will take it down to .40, IMHO
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As the reserve currency with most commodities trading in Dollars. The dollar and Yen have been safe havens, the Yen has appreciated 25% more than the dollar.
Nov 24 11:16 am
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All Comments by NOWHEREMAN »If the U.S. Is in a Financial Crisis, Why Is the Dollar Rallying? [View article]
This flight to safety will end, the final drop will start and inflation will start to creep in and finally soar as as the massive virtually simultaneous Global stimulus packages start. If anyone actually believes the USD will rise in the face of rising commodity prices, all they have to do is look back to 2003-2007.
Meanwhile, please note that the USD peaked out at 1.20 dropped to .71 before spiking to the present level. A similar drop will take it down to .40, IMHO