Post
Topic
Board Economics
Re: What would you do if the US Dollar crashed ?
by
DOGEYOLO
on 11/12/2014, 14:30:10 UTC
The dollar index will continue it's rally. If you really want to go bottom fishing for currencies that have turned to dogs recently, the Canadian dollar and the Australian dollar comes to mind.

The Euro has been pretty solid all things considered, but what if the ECB caves and instills a QE policy to encourage economic growth in the Eurozone... would gold, silver, and other precious metals continue its downward momentum making new lows? Yeah probably.

My bet is on the USD right now. All dips have been bought and it's slowly but surely creeping it's way higher. Plus so many of you have entertained the notion of the USD crashing (especially when the dollar index is not even that volatile to begin with) that I feel comfortable taking a long position in USD.

Just my .00005611 BTC.