the US$ should stay as a superior currency for a year or two. Cash in a crash.
as usual I’m finding another peterb post to be brilliant, and teaching me a thing or two. I agree with your entire post.
Did I mention I dumped all my gold a few days ago at $910/ounce.
I sold it and moved into a 2X long position on the stock indexes. Here comes our Fool’s Rally. Wait and see. Also I’m guessing money flows from gold into that stock market Fool’s Rally, pulling down gold prices, leaving gold fully exposed to the recession’s deflationary forces.
