Loading ...Currencies Schmurencies
It’s been my view for a long time that the Dollar vs the Yen Euro Loonie Aussie et al is going to just tread water for a long while…as it has been
Every day we say Dollar falling off a cliff or..Dollar soaring…But the moves are miniscule
.5 % here .3% there
All of them are pathetic…all of them have BIG Problems.
NOBODY can even afford to allow their currencies to strengthen
Screw the DX
Gold …if it’s worth its weigh will continue to move UP vs all of them
Fair point, and you may be right. I’ll be following the charts carefully.
To be fair – it’s not just gold but all tangible asset classes that will move up as currencies depreciate – next winner out of them all happens to be real estate ( especially Toronto 🙂
Best winner ***not next winner ‘
That it is !
My niece owns half a house on a downtown Toronto side street ( maybe 900 sq ft and a tiny back yard.
the other half sold for 1.6 million recently.
sheesh