And oil, that we actually have assets which can back the dollar.
I’d prefer to hold all my US “dollars” in coins. Fiat paper sucks.
King Dollar.
It’s the only logical conclusion.
The Euro? Not with Europe's staggering economic problems. The Japanese yen? Not with Japan's crushing debt and increased economic competition from South Korea and China. The South Korean won? Not with a possibly unstable Kim Jong-un ready to attack South Korea at a moment's notice. China? The Chinese yuan has not been accepted as the world's reserve currency. Gold and silver? Given the wild up and down rides of the value of both precious metals in recent years....