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<p>[QUOTE=&quot;jolumoga, post: 1709632, member: 41780&quot;]I will have to respectfully disagree.&nbsp; The main reason why the dollar appears so strong is because all major economies are competitively devaluing their currencies to boost GDP.&nbsp; The dollar is also considered a safe-haven due to America&#039;s superpower status.&nbsp; A clue to how weak the dollar is, were it to have half-decent competition, is the strength of the euro relative to the dollar (each euro is worth $1.29).&nbsp; I believe the reason why the euro is so strong is because the markets are impressed with Draghi&#039;s &quot;sterilization.&quot;&nbsp; Recently, Australia cut interest rates, and before they did Japan embarked on a $1.4 trillion QE program to lower the value of the yen.&nbsp; </p><p><br /></p><p>I do not believe paper currencies are stronger than ever, or that their outlook is improved.&nbsp; What has happened is that investors were spooked by the prospect of a global deflationary depression, and the global QE has worked to temporarily prevent it.&nbsp; However, we are in uncharted territory with all of this QE, and whether it leads to hyperinflation in the long run appears to be a very legitimate concern.&nbsp; After all, all major economies are now dependent on continuous easing by the central banks.[/QUOTE]</p><p><br /></p>

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