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Dollar defies recipe for currency collapse

Discussion in 'Finance & Banking' started by Tropo, 12th Mar, 2009.

  1. Tropo

    Tropo Well-Known Member

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    17th Aug, 2005
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    NSW
    Dollar defies recipe for currency collapse

    The US Federal Reserve is printing money. The US government is also spending wildly today so there won’t be a depression tomorrow.
    It sounds like a recipe for currency collapse. Yet the dollar keeps picking up. And the trend seems unlikely to change soon. What’s going on? Well, consider the competition. more...Dollar defies recipe for currency collapse - Telegraph
     
  2. Chris C

    Chris C Well-Known Member

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    2nd Apr, 2008
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    Location:
    Brisbane, QLD
    No doubt that when it comes to fiat currencies the uSD is looking pretty good right now. Though I'll be interested to see what the market thinks of the USD's value against commodities in 6 - 12 months from now, when the debts have really started to mount and things are looking even darker still...

    I'm expecting oil, gold and argicultural based commodities to do very well, in the back half of 2009, if not earlier.