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Originally Posted by Big_Red
Thanks for the insight. How do you think it will effect gold?
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Asking me?
I really don't know much about tracking of gold prices Big_Red.
In theory, this should up the value of gold and think that has happened over the last year. The flip side is... any other "external factor" (ie not related to dollar values) could also have a positive/negative effect on gold values. Gutty feeling is it is prob more secure to stick with one or two stable currencies and invest with them.
Another flipside is - if ya happen to hold any strongish currencies, - there are countries that still take US dollars as a "norm" and some of these places have amazing opportunties for investment. It may be a time to consider buying up some asset value stuff (property etc) which is priced in US dollars - ie basically buying cheap and in a scenario where the capital appreciation will increase substantially each year.