So Long, U.S. Dollar

perhaps they left it ""untouched"" for a reason.....

even the ""U.S. mainstream media"" can occasionally tell the difference between fact and fiction......h

USD loses reserve status; USD value tumbles; US manufacturing and exporting markets explode in a manner not seen since the early 1900s thanks in large part to the cheap USD. US re-dominates global trade. USD regains reserve status.

USDJPY 60% of retail are long, points to futher declines, wait till the herd start shorting then we see it rise. Same with the EURUSD all the retail crowd are short so expect some serious stop killing.

Don't kid yourself, according to the most recent estimates, retail traders are still only 10% of the volume......in other words......who with a larger account worries about this?

where do you think the banks make their money???

Why I not suprised ... it is just a matter of time before we have a new Reserve currency ... EURUSD is out of the long term channel ... now we can see about 1000 pip upgrade

US is a big market, there is no way that it can be discounted easily. Actually, low dollar is good for the country at this point. It is good for its export. Japan is in trouble, they're exporter not consumer, so their currency needs to be lowered...

usd/jpy new lows

Lol this article is retarded

USD loses its status, USD gets angry, USD goes starts another war, USD loses, USD gets depressed again, us retailers dominate USD crosses, us retailers gain ''reserve status''

Do i feel guilty for saying that? Sure do. But life is tough an you have to be tougher

Yes I can see it now, in 50 years my grand kids will come running to me with news as to want they found in the local grarage sale, a vintage US Dallar bill, one that they just bought for two renminbi.

'petrorenminbi' dont think the world could pronounce that let alone spell it.

What about that, buying suppertakers from China! A country that cant make two bolts with the same thread count nor pitch. I can see why the European insurance consortium is backing away from insurancing them. It an accedent wating to happen. O' Wate when they try to get warrentee work done, China's warrentee is we've washed our hands when you buy. I would not buy a child safty seat made in China.

A weak dollar will be good for the US in world trade instead of borrowing to cover our trade we could trade our way out of it. Our buying was funding the rest of the worlds manufacturing. 'The government will be unable to finance its debts' come on its debt is due largely because of its non compete clause with the developing nations. If they dont want the dollar then we can compete with them with a devaluated dollar. Would not mind paying them back with devalued dollar hay its only business....

As for me, the NY port authorities can turn back any container ships from China any time it wishes

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The US devalues its money for economic reason. Many countries are trying to do the same to prop up their exports. The advantage of the US is that it is both huge consumer and exporter, so it can never be discounted easily. Where do you think China sells its products? EU is a forced union, and China is a bubble waiting to burst.

I'll be happy to take any USD that people want to dispose of.