Unlike many others I believe the USD can stabilize over time. A strong currency is meant to neither gain value long term, or lose value long term.
It is supposed to have cycles of overvalued and undervalued, at least vs other currencies, but perhaps not vs physical assets of real demand and intrinsic value.
Yes, I realize that no fiat currency in history has ever survived.
But the DXY is the USDs purchasing power vs other currencies, not vs gold/silver.
Against gold/silver, USD and all other currencies will continue to fall over the next 50 years.
Because gold/silver are the real money, and currency was always the receipt for your real money.
People have just forgotten this and/or have grown up not knowing it at all.
Contrary to a common belief...
Gold can be at $2500 and the DXY at 125 or 150.
Over time this is possible, it just means the euro, yen, aussie and other currencies VS the dollar will be CRUSHED.
12/27/2013
It is supposed to have cycles of overvalued and undervalued, at least vs other currencies, but perhaps not vs physical assets of real demand and intrinsic value.
Yes, I realize that no fiat currency in history has ever survived.
But the DXY is the USDs purchasing power vs other currencies, not vs gold/silver.
Against gold/silver, USD and all other currencies will continue to fall over the next 50 years.
Because gold/silver are the real money, and currency was always the receipt for your real money.
People have just forgotten this and/or have grown up not knowing it at all.
Contrary to a common belief...
Gold can be at $2500 and the DXY at 125 or 150.
Over time this is possible, it just means the euro, yen, aussie and other currencies VS the dollar will be CRUSHED.
12/27/2013