Pffft. If you believe that, then short the dollar.
Put your money on the line, then talk to me when your options expire.
I am long foreign currencies, as well as gold options. That’s where my money is. The currencies are up “only” a few percent from their purchase price, (a big move in the currencies) but the gold options have more than doubled but not quite tripled since my purchase. I intend to roll them over, not let them expire. How about you? Should I post the S&P 500, priced in various commodities? The stock market is going up because the dollar is going down, not because of some magic recovery. Same as in Zimbabwe, where the stock market is also going up (a lot, as a matter of fact).
Ummmnnnhhh...The Oracle of Omaha shorted the dollar a year+ ago; another major-league market player (Rogers) announced he’s getting out of dollar-denominateds just last week.
These folks aren’t exactly fools.
Put your money on the line, then talk to me when your options expire.
George Soros and his good buddy Warren Buffett have already made big bets that the Dollar is going to crash and burn. It's the same game that Soros played with the Pound (when he became known as "the man who broke the Bank of England"). All of the levers of power and influence that Soros has amassed are being used to try to wreck our economy and markets and the two of them stand to make a fortune if our economy tanks.
Of course they could equally lose big if it doesn't. I hope, I hope, I hope!
I sincerely believe that this is a technique he was taught by the KGB and that they sent him forth with seed money to be an "agent of influence" during the cold war. Yuri Andropov ran a program in Eastern Europe recruiting talented young people to send into the west, not to be spies but to "stir the pot" and mess with our system, particularly our financial system, from the inside. Soros "escape" from Hungary and his getting established in London so quickly has always looked way too convenient, particularly given his subsequent career.