Interesting!
Ivan
My comment on the other thread whether this trader holds a short position on the dollar. [chuckle]
Don't mind me. This was just an excercise to determine the nature of the mysterious Mr. Previs. Apparently he is a real person, and does work for Jefferies International, Ltd. .
Now whether the 'Amero' is something going or not--I'm sure its wishful thinking for some folks, but Bush and Co. just can't pop up one day and say: Well, we're all using a new currency now!
But just to have some conspiracy fun---what would happen if other parties decided to divest themselves of dollar holdings, and as a consequence, devalue the dollar (the devaluation is already happening, but a divestment over a short term could push a crisis)? Now, how would an argument be made to control such devaluation, especially since the relatively interest rate in the US gives the Feds not so much freedom to maneuver?