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Some Dollar Points

May 10, 2011

Just wanted to note one fact: the dollar is going to 0. it could certainly lose another 50% of its value vs other countries, its done so every 10-25 years. I personally believe we will see something akin to the Euro, where the dollar will “always” exist but it will/can be exchanged into either a North American currency (with mexico and canada) or even a NATO type currency. I also want to note that while the Euro & USD seem to trade a bit inversely to eachother this relationship will at some point change and the two will track eachother.

I believe there-in lies the value of gold & to a lesser extent silver. It will hold its value relative to USD & EUR and will be exchangeable back into currency at higher prices.

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