RE:RE:RE:RE:RE:RE:RE:RE:RE:Canadian turkey holiday The US dollar will likely be the last shoe to drop but it will be the biggest shoe. I maintain, and will until the day I die, the US can't be the lone wolf increasing rates while faced with a world of rate cutters, NIRP and ZIRP. It is simply not possible in this globalized world we live in. This will negatively impact US exporters and really do a number on the trade deficit with China, India, etc, etc. King dollar must come down.
Another thing we are seeing is the rise of the Yuan and the SDR being granted to the Chinese currency. As more and more of the world transact in non-US dollar currencies, the worse it willget for the value of the dollar.
Many headwinds coming for the US dollar and all of them lead to lower valued currency and much higher value for gold.