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Thanks Dac - When I heard Obama this morning talking about how...

  1. dwads
    102 Posts.
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    24/02/09
    13:45
    Post #: 4832282
    Thanks Dac - When I heard Obama this morning talking about how we was going to halve the debt by the end of his first term I immediately thought he will devalue the $.

    Can someone explain to me what will benefit from a USD devaluation. Most things are pegged against the USD so surely a devaluation makes commodities double in price. Does this mean that share prices for commodity producing stocks will go up or will it just remain the same ?

    Value at posting: $15,095
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