Champ....do you think USD will drop in comparison to Euro?
or compared to AUD/NZD?
or against all other currencies?
or do you think the USD index may stay around 80/85 and instead ALL currencies will simultaneously drop against Gold?
and what's your timeline for USD drop??.....as I'm getting really impatient;-)
I am really hoping USD will drop back to low 70's on USD index...and continue its longterm fall.
But maybe its just wishful thinking....
i would have thought printing trillions of dollars would be akin to a company issuing 10's of millions of shares and diluting the value of each share/dollar, but so far the opposite effect has happened.
Reasons given are deleveraging causing funds to buy USD to settle (and how far through that process are we?)...safe haven cash buying, other currencies are at even worse risk to USD causing USD to rise even though US in bad shape etc.
Do you think it is "just a matter of time"?....but when companies dilute shares the effect is an instant plunge...how long for the effect to kick in with USD?
Give me a date Champ....when do you think USD index will hit 70 again??
(I am sure many can show me why my thinking is too simplistic regarding dilution analogy...please feel free to flame me, i am just a simple burned Goldbug who feels now like he got it all wrong.)
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