Post
Topic
Board Speculation
Re: The Fed will not ease.
by
adamstgBit
on 04/06/2012, 20:06:03 UTC
I'm just putting this out there.

There will be no direct QE from the Fed, but it will be done through the back door of inflating currencies other than the USD. Because, their aim is not to create a net inflation for the USD, but for all the world's currencies as a whole. The net effect will be the world chasing after USD.

Do I think gold and BTC will keep pace with the USD? Yes I do.

If I am correct we will continue to see an erosion of USD as a percent of BTC trading volume. Currently 74% as reported by Bitcoincharts. And a concomitant reduction of Gox's market share as it is largely driven by USD volume, currently 61%.  

first you say this will mean everyone will want to use USD
then you say we will see less USD / BTC trading volume

please explain