Living Off Dividends

The Dollar's Tipping Point

great advice. I've been stocking up on physical gold as well.

How to Explain Fiat Currency to Silverbugs

ask them if they know how many zeros are in a trillion!

Rising Crude Oil Is Driving the Dollar Down

ethonal will not take over oil in the US. corn is just too expensive. it was a foolish idea to begin with. Now food costs are increasing and so is oil. demand for oil is increasing every day in india and china. they will keep the price high and maybe it will go to $200/barrel in the next 5 years.

offering subsidises for solar power would've been smarter. but farmers have bigger lobbies than solar panel companies.

even subsidizes on fuel efficient vehicles would help reduce our dependence on foreign oil. The US has the worst fuel efficiency of any country.

Rising Crude Oil Is Driving the Dollar Down

Interesting theory, but I don't think the Dollar and Oil prices are necessarily correlated. The US imports EVERYTHING, from toothpaste for inmates, petfood and anything that you use on a daily basis. The US is producing NOTHING and sending all its Dollars abroad instead.

So, I think the reason why the dollar is dropping because governments all over the world are hold way too many dollars and are now diversifying out of it - Basically they're becoming net sellers.

Japan and China have somthing like $2 trillion USD between them. WTF are they going to do with all that? With no end to the trade deficit in sight, there doesn't seem to be any way to unwind it. Its the selling of these dollars that is pushing pressure on value of USD.