............ is vanishing before our eyes
USD 77.67 -0.58
US Dollar Index (USD)
Delayed 30 minutes
The U.S. Dollar Index® is computed using a trade-weighted geometric average of six currencies. The six currencies and their trade weights are:
Euro 57.6 %
Japan/yen 13.6 %
UK/pound 11.9 %
Canada/dollar 9.1 %
Sweden/krona 4.2 %
Switzerland/franc 3.6 %
These contract specifications are subject to change. Please consult the FINEX if you have any questions.
Only problem is, the rest are just as worthless in real terms ....... and when the inevitable musical chairs ends in frustration, THATS when the precious precious stuff will decouple and assert it self as the only real currency ........
I mean HALF the world already knows this ........ ask the Chinese, Indians, Russians, Islamics and Olympians what they prefer ! They never believed in the "worthless relic" tag promoted by them who have been stealing the real stuff from under our noses.
Reminder ....... PGM represents clear title over unencumbered gold and pgms resources. Current cost of a parcel of around 15,000 ozs of these is a ridiculously cheap AUD 13,000 on closing price ......... thats under a buck an ounce. No time premium either like those bits of e-floss they call gold options ....... IOUs not worth the e-paper they are written on in a real crunch.
I know what I would rather have ....... and I am, increasingly so.
IMBOOC
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