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Message: Re: How can the dollar stay strong???...DONTCRY
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May 14, 2009 08:15AM

Re: How can the dollar stay strong???...DONTCRY

posted on May 14, 2009 11:30AM

" Yes, the $US will collapse, but how long before that occurs depend on some other factors. Armstrong gives odds that the summer of 2009 is a time zone to watch for such, but the potential of the dollar hanging on until May, 2011 has not been eliminated."

I guess Armstrong's views on the dollar are not based on cycles but on fundamental analysis. As I understand it, Armstrong's economic confidence model is a global model, so predictions about individual currencies can not be derived from his cycles. The decoupling of Gold (and Silver) from the dollar and its conversion into a currency (the strongest of all) can be derived from his model, since strong investment gold and it turning into a currency coincides with a lack of economic confidence.

Personally, I have an idea about which currencies (other than gold) will perform well and which will not over the next two years. Let me restrict myself in saying I am fine with the Cando.





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