US Dollar – Still King

for every time we have a good economy and thrive expect a downfall

 

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Since the recession all currency has slumped.

 

I really hope america's economy stay's stable and well advancing. I would hate to go through a bad depression.

 

i hope they are just going to make 1 universal currency.
i hope its going to be the euro, but the dollar is also fine

 

I dont think they would make a universal currency unless gold or silver because every country would want to use their own currency.

 

A universal currency is the worst idea ever devised... I have strong beliefs on the matter...

 

The dollar is not fine per the price of precious metals...

 

Tell me about it. What happens when that currency was devalued? Super high inflation like the kind they have in Zimbabwe. At least I think that's what would happen. Having multiple currencies is a good thing, even if there is still the goal of having the strongest currency.

 

I also didnt like the fact most of the eu went to the euro. Glad the uk stayed with the pound.

 

Euro got hammered because of the bad financial condition in Greece and some other EU nations. That doesn't mean that the USD is a better currency compared to Euro. Future doesn't belong to Euro or the USD or the Yen. It belongs to the Yuan and Ruble and Real.

 

I'm still heavily invested in the NYSE, I believe American ingenuity and resilience will rule in the end. At least long enough to take me through retirement.

 

US market is going through nicely at the moment, but there is a serious chance of another global meltdown if the crude prices go above $125 per barrel. The rising crude will cause ruin to US / EU, and everyone will suffer as a result. To complicate the matter further, the elections are only a few months away. Lets see who is going to have a fight with Obama in 2012.