This article will dive into the question on whether the dollar will crash as so many have predicted over the years. What it will point out is what I wrote about in my book Illusions of Wealth, that all fiat currencies eventually go to zero. Why? Because governments screw them up. But for now, the dollar is still king of …
Read MoreAug
3
2009
From Green Shoots to Drought? Making Economic Sense of Investing
By: Doug Eberhardt
Category: Gold, Stocks, U.S. Dollar
Tags: Add new tag, debt, Economics, Economy, GDP, Investing, Stocks
Jun
2
2009
Confused About Gold and the Dollar? Understand Their Relationship Before You Invest
By: Doug Eberhardt
Category: Gold, Inflation, Interest rates, Investing, U.S. Dollar
Tags: Bonds, Dollar, Gold, Gold Investing, Inflation, Stocks
It’s not known for sure where the concept that an ounce of gold could always buy a nice businessman’s suit came from, but the analogy is used today by many who want to paint a positive picture for gold. The premise of the story is used to reveal the fact that the dollar has lost 95%-98% of its purchasing power …
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