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demise of the dollar?

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Old 10-09-2009, 09:38 AM
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demise of the dollar?
http://www.independent.co.uk/news/bu...r-1798175.html
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Old 10-09-2009, 01:24 PM
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Doesnt seem too authentic to me. Wouldnt be a smart move on their part...but iono....some countries have done some ridiculous things.
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Old 10-09-2009, 01:32 PM
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Originally Posted by Dnayukns
Doesnt seem too authentic to me. Wouldnt be a smart move on their part...but iono....some countries have done some ridiculous things.
why doesnt it seem authentic? this is quite a realistic and plausible scenario
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Old 10-09-2009, 07:55 PM
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Dollar is dead, other countries are already trying to switch commodities, such as refined oil, to a different currency, leaving the US out of the loophole. Not bad in my opinion. The dollar has been weakening vs other currencies dramatically.

Gold and Silver still on the rise... I wonder if anyone believes the US Currency is a piece of **** yet and invested in commodities and other currencies.
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Old 10-10-2009, 11:11 AM
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Originally Posted by irrational x
why doesnt it seem authentic? this is quite a realistic and plausible scenario
True, but im saying its probably more rumor and speculation than actual fact. I doubt they will let the dollar die - or is that just my faith in the US talking? haha
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Old 10-12-2009, 08:28 AM
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Originally Posted by iLoqin
Dollar is dead, other countries are already trying to switch commodities, such as refined oil, to a different currency, leaving the US out of the loophole. Not bad in my opinion. The dollar has been weakening vs other currencies dramatically.

Gold and Silver still on the rise... I wonder if anyone believes the US Currency is a piece of **** yet and invested in commodities and other currencies.
not entirely correct. everyone is moving to a breadbasket of currencies to reduce risk.
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Old 10-12-2009, 08:57 AM
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Euros or Ameros FTW!!!
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Old 10-12-2009, 03:19 PM
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http://www.wallstreetwatch.org/reports/sold_out.pdf
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