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What's Going to Replace the Dollar?

thank you paul!

A good entry point for a long term Gold Bull may be around 700. I am waiting to pick up GDX when that happens...

What's Going to Replace the Dollar?

very interesting article, there seems to be logic in it. The Fed is printing money, the gov. stimulus etc.. yields the expected declinew in the value of the currency.

There are countering arguments, from articles I recently read, that describe a deflation cycle, not hyper-inflation as is suggested. The logic there, the loss in asset values such as stocks & bonds, homes, commodities have effectively reduced the money supply but a much larger amount than what's being introduced by the Fed. The Fed is fighting deflation and not expecting hyper-inflation as a result.

Anyone cares to explain which side of the story makes the most sense?

If you do jump on the gold bandwagon, deflation would kill that investment. If you hold the dollar too, the dollar gains in value in deflationary environments. Please comment, like to figure out which end is which! :-)