Tulip vs US Dollars

I am just thinking out loud...along the line of the emperor new cloths and tulips.

The tulip mania was one of the recorded economic bubble, at the peak of tulip mania in February 1637, some single tulip bulbs sold for more than 10 times the annual income of a skilled craftsman. I guess everyone back then 'knew' that the tulip is ridiculous as a valuable asset, but yet because it was worth x value at that particular time, it was still traded.

Fast forward to 2010, if we look at the debt clock of the USA and also the debt of all the other countries, some are >50% of their GDP. Just because USA is now the reserve currency, it is still traded.

My question comes from the background that my trading account funds are in USD because I like one of the Platform in USA, I was thinking if I should switch over to other currency funded platform or find a way to hedge the USD. Because I was thinking even if I gain x% in my trading, should there be a devaluation of the USD, I would be back to square one.

The scenerio of gold->USD->some other new reserve asset, may just happen in the future, I just hope that it would be gradual and not like a tulip mania.

Would love to hear other's view.

I used to worry bout this sort of thing but when I raised my concerns with my broker they said withdrawn funds are given back to customers at the same exchange rate as when the funds were deposited

Are you sure about that? Are you sure he didn't mean the same way they were deposited, ie check, bank transfer, credit/debit card, paypal etc?

Can't you hedge another way, I dunno maybe use USD as the funding currency for something with a higher yield to cover currency risk, and maybe produce capital growth as well as interest?

Probably better ways to do it but that's one way I guess.....

My deposit is from Australian Dollars to an Australian Bank. So yeah lol... Gotcha

lol....smartass!