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<p>[QUOTE=&quot;medoraman, post: 1245875, member: 26302&quot;]Thank you for the compliment, but my opinion would not be more informed than many others here. I think you are already seeing in the dollar weakness a rollback of the dollar as the world&#039;s reserve currency. Many Eastern European countries have people trading in dollars for Euro&#039;s every day. If the Yuan becomes more convertable I expect the same to have in SE Asia and central Asia with people trading in dollars for Yuan. I believe we will just see more dollar weakness and costs of imports into the US going up, but the value of exports also going up. In short, we will not have the luxury we have had, and the US will start to drift back to greater exports and fewer imports like we were decades ago.</p><p><br /></p><p>This is why I position my investments with exposure to other countries, even if its a US firm foreign sales will boost thier profits in dollar terms. If this scenario plays out, you want assets with sales exposure in the rest of the world, be them US or foreign companies, and owning hard assets that will go up in dollar terms. Any asset that is strictly a US asset, (like your house, or US stocks that only sell in the US), I believe will decline versus international assets.</p><p><br /></p><p>Just an opinion and explanation of my asset strategy right now. Its probably worth what you paid for it! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Chris</p><p><br /></p><p>P.S. On the numismatic front, its another reason I typically do not buy US coins now, but collect ancient and world coins. Ancients are denominated in Euros mainly, and world coins always have the ability to go up in their home country, and if that country&#039;s currency is going up against the dollar, a chance for a double gain.[/QUOTE]</p><p><br /></p>

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