Peter Shiff (let's not turn this into a Shiff topic please, just quoting a USD bear) 'predicts' a USD index between 50 and 40 as a possible long time bottom with the worst case scenario below that and if they adjusted course 50 could be avoided even today. How about you guys?
......................................... Perhaps there should be a new term regarding the major currencies.... ie "equilibration confidence" The battle of the fiats is on.... Brazil imposes 2% tax.... Euro polys are going to be forced to equilibrate.... China will be forced to equilabrate.... All countries where "selling export stuff" is of significance.... Will be forced to equilibrate..... If the major currencies do not....then the strategy would be one of acquisitions.....lots of cheap US $ based assets....