The mighty dollar? (1 Viewer)

[Herophant]

Hei there! Just wanted to hear your opinions on the value of dollars over the next months. Planning a trip over the pond to America this summer and as the Norwegian Kroner to dollar ratio has been developing extremely favourable -to me- lately I am considering exchanging my hard earned kroners to dollars now, but then maybe I should wait and get an even sweater deal? Rising oil prises is favourable kroner and degenerative to the dollar.

 

[LogicalReason]

If you wait a while the dollar is going to keep going down. Thank god that should scrue with the asian economies and start decreasing the trade deficit.

 

[Provoker]

The mighty US dollar is entering a state of decay and prolific degeneration. The over-inflated bubble the Americans call an economy is about to burst - with no gold reserves left to back up the whole system. The short-term fixes can only work for so long but the contraction and recession is inevitable.

 

[Pen]

If you wait a while the dollar is going to keep going down. Thank god that should scrue with the asian economies and start decreasing the trade deficit.

China owns much of our debt. Just watch how fast they call the bill due when the dollar reaches a trigger point. What happens to our economy then?

 

[LeftyHenry]

The mighty US dollar is entering a state of decay and prolific degeneration. The over-inflated bubble the Americans call an economy is about to burst - with no gold reserves left to back up the whole system. The short-term fixes can only work for so long but the contraction and recession is inevitable.

I don't think the dollar is backed by gold or silver anymore.