Submitted to StockTwits by hertcapital on 4/1/2013.
Considering that 5 of the top world economies are dropping the dollar, I think this scenario is outlandish but it it is worth considering. Also, if QE is dropped by USA, interest rates will soar and the interest on the US debt will go parabolic. I believe the dollar will be topping off here and is headed below 72. Think of all currencies the Yuan will become stronger currency, not the dollar.
Considering that 5 of the top world economies are dropping the dollar, I think this scenario is outlandish but it it is worth considering. Also, if QE is dropped by USA, interest rates will soar and the interest on the US debt will go parabolic. I believe the dollar will be topping off here and is headed below 72. Think of all currencies the Yuan will become stronger currency, not the dollar.
No comments:
Post a Comment