Comment by
frankman on Feb 04, 2016 2:02pm
Easy answer for me to answer. The U.S dollar and treasuries are the go to currency worldwide PERIOD. That's why everyone prefers to be paid in U.S dollars. No other currency and the Euro and Europe are still trying to deal with massive debt (example trillion of debt for Italy). Few trust the Chinese and their secret society.
Comment by
frankman on Feb 04, 2016 4:10pm
Yes and I make that prediction(s) about the dollar during the current euphoria stage. Dollar down Euro up. Go figure huh? That's when I take profit. When others are euphoric. Then investors (suckers) are left holding the bag. Just like the euphoric Newstrike ‘investors” I warned.
Comment by
frankman on Feb 04, 2016 4:27pm
All countries have debt, but is viewed as a safe place to park your money (worldwide). Few want to hold the Chinese, Russian currency. Europe has the largest debt load with sliding economies. Think longer than a few months of currency trading. Or like I call the flavour of the day.