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Gordon Taylor
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>Has the Dollar Lost its Safe haven status?  - Axel Merk - Merk Fund
The ole greenback just ain't what it used to be ... 20 long years ago ... an old, old tune about a mare, but the dollar fits in there nicely. With China set to overtake the US economy this year, I think we're going to see the end of it's reserve currency status shortly thereafter. We won't be able to print our way out of debt then and something has to give. I think it'll be our economy short term with 25-27% inflation and in the long term as we struggle to gain a foot hold again.

Silver is so undervalued it's ridiculous and the very reason I'm buying all that I can. Looks like it'll open on May Day under $19 again and I'll buy even more!

Great article Axel and I think you're exactly right. I'm getting out of everything that isn't metal and buying mostly Silver, one would have to be blind not to see it's under-valuation. I think it's going to be a perilous ride coming soon.


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Beginning of the headline :The greenback isn?t what it used to be. At least for now, when there?s a ?flight? to U.S. Treasuries; historically a sign of ?safe haven? demand; the U.S. dollar has not only not benefited but has increasingly been on the losing end. Is this a temporary sign of special circumstances or has the dollar lost its safe haven appeal? There may be profound implications for investor?s portfolios seeking downside protection. Let?s get right to the point. A sour mood in the markets, often referred to as a... Read More
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