RE:RE:Dollar in dive mode todayFor those who don't know, the fed has a dual mandate, inflation and employment, which is unique amongst central banks. Re. U.S. $ vs other currencies, been said often, U.S. $ is the cleanest shirt in the laundry bag.....re Rouble, like the cdn $, it depends on commodity prices, so surely no surprise that it's currently strong......to add strength, there are severe currency restrictions in Russia, so no 'free currenct mkt' in rouble. Unlike Warthog, I see no cataclysmic collapse of the U.S $, but do strongly believe in holding 'real assets', including gold/gold stocks, as a hedge against every society's desire to live above it's means, and thus spend more than it should, print money and, incrementally, devalue it against real assets....though not, usually, against most other currencies, which are also devaluating, often ' in step ' with each other, more or less. The last thing you really want, as a country, is to have the only 'hard' currency of the lot...it devastates exports.......sort of like going the speed limit when all around you are going 10 mph above.....dangerous to you, dangerous for others.....you want to go, more or less, the same speed as others. The U.S., because of the role it's currency plays in trade and bank reserves, want's to keep it's currency just slightly stronger than most others.....not too much, not too little.
As to SBB, my considered opinion, buy buy buy