FAQ: Is the US dollar headed for a collapse?
We all know that the dollar is in sad shape. From Giselle Bundshen allegedly not accepting US dollars in payment and Jayz waving around Euros in his videos to Jim Rogers, the guy that helped George Soros break the Bank of England in 1992 by shorting it and is now looking to divest from the US dollar entirely. My gold broker is even suggesting that the US dollar is headed for a major downturn. (I am sure he is looking for me to continue to buy gold but still….)
Who here feels the US dollar is headed for a collapse. If not, explain why you think so.
Yes, sadly the US government is constantly printing more money with anything to back it up to pay for the wars in Iraq and Afghanistan. This cannot go on forever.
posts you may find of interest:
- Jim Rogers Predicts the Collapse of the US Dollar
- Global US Dollar Collapse
- Q&A: Warren Buffett and Jim rogers believe the dollar is long term decline because of debt.Will this help silver?
- Do you think the stock market or economy will crash or head to a depression in 2012 or 2013?
- Is it about time to invest in gold and silver since the dollar is losing it’s value? goldsenze
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