The US has essentially one advantage and that is they issue their governments debt in US dollars. In other words, they have no mismatch of assets and liabilities. So, that's imperative to printing money. When you read the notes and the speeches from Mr. Bernanke, it's very clear that he would rather take the weaker dollar, than to have domestic style deflation. So, I think that there are several factors that point to a declining dollar, but I have to say the other currencies are not much better. - in LewRockwell.com
Tickers: IShares Silver ETF (SLV), SPDR Gold ETF (GLD), PowerShares DB US Dollar Index Bearish (NYSE:UDN)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
