SALTAWAY

The High Dividend Stock Investor's Collapsing Dollar Survival Guide, Part 1

How does saying that "everything is better than the USD" square with the recent rise in the dollar against the currancies you are alluding to? Yes. The Yuan is used but you may notice that it is pegged to the dollar and therefore can be used as a substitute for USD. The dollar is weak but ALL the other currencies are getting weaker faster right now (Euro, CAD, etc). We are the best of the worst so to speak.........that's the bottom line right now. PS Prepare for cheaper vacations in Europe and the UK in about a year!


On Mar 03 06:22 PM smsti wrote:

> Did you ever lend money? Imagine you are a lender. If your debtor
> is not paying back, are you going to lend him again? And again, ...
> If your debtor seems to become insolvent, will you lend him even
> MORE? I don't think so. It is better to accept loss and call police
> then loose even more money. And it is US who is debtor in that story.
>
>
> More important; it is about confidence: when one large lender is
> in tough doubt and rather decides to sell dollars, we can see race.
>
>
> There are many competitive currencies and all are better than USD
> now. In Asia yuan is used for trading instead of dollar. Do you think
> it is because they believe in dollar? There is gold, silver, oil
> and other commodities. New currency is being used in persian gulf.
> There is also euro. And everything is better than USD backed by debt
> and FED printing presses.