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<p>[QUOTE=&quot;medoraman, post: 1127136, member: 26302&quot;]I know its scary, but lets look at the alternatives. The Yuan is not an international currency, and even if it was remember they are still Communist led, and policy there is dictated by their own currency concerns. The Yen, even before the tsunami, is strong currency but extremely dependent on exports by a rapidly aging country. The Euro is getting strong pushback by their weak players on austerity measures. &quot;minor&quot; currencies like CDN and AUD are dependent on natural resource exports, otherwise are weak economies. </p><p><br /></p><p>What alternative currency would you buy in times of troubles? You can disagree and say CDN is a better bet, or the Euro will fix itself, but all other currencies either have problems or are dependent on international economic growth to keep their value. If you take away, I don&#039;t see a better reserve currency. No, I do not consider PM&#039;s to be a reserve currency, it is far too small for the dollars we are talking about. About a day of international currency transactions would buy all of the gold or silver in the world.[/QUOTE]</p><p><br /></p>

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