Jim Rogers : If you haven't already downgraded US in your mind, do so now
We have. But the question is how far to downgrade the world's reserve currency? Which leads to the bigger question: How long should we consider this as the currency of last resort? Not an easy answer, however when it loses this special status -- Watch Out! That would be the last stand, clearly signalling the fall of the American Hegemony. The implications are immeasurable.
But if you haven't already done so in your own mind, do so now!
First Financial Insights
December 3, 2012
We have. But the question is how far to downgrade the world's reserve currency? Which leads to the bigger question: How long should we consider this as the currency of last resort? Not an easy answer, however when it loses this special status -- Watch Out! That would be the last stand, clearly signalling the fall of the American Hegemony. The implications are immeasurable.
But if you haven't already done so in your own mind, do so now!
First Financial Insights
December 3, 2012
Don't ask... Don't Tell
First of all, let me say hello to our friends in Germany, Sweden, India, Swizterland, Netherlands and the United Kingdom for their support, comments, insights and questions over the past month. Your thoughts keep us on our toes and provide much valued feedback. Please continue.
Here's a post from today's Investors" Insights I enjoyed and received permission to post concurrently.
Dr Peter G Kinesa
December 3, 2012
