Nailed it!

You have been warned

Right now, the global move away from the U.S. dollar is slow but steady.

At some point, some trigger event will likely cause it to become a stampede.

When that happens, demand for U.S. dollars and U.S. debt will disintegrate and interest rates will absolutely skyrocket.

 

Advertisements


Categories: Uncategorized

2 replies

  1. It cost me $21 US for $20 Canadian.

  2. Yep, and that’s because of the Fed expansion of the U.S. money supply in the last 10 years or so. I remember growing up when the exchange rate was $1 Canadian for $0.67 U.S…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: