The end of the dollar as we know it

Current uncertainty and worries are clearly reflected in the financial markets. Investors are fleeing into assets that are deemed safe, such as gold, U.S. Treasuries and the dollar. They still flock to the U.S. on a massive scale, whereas a lot of the current insecurity derives directly from the White House. At the same time, we are seeing more and more commentaries around the question of whether a shift is taking place, slowly but surely, from the dollar toward other currencies. 

The dollar will not be replaced as the global currency anytime soon. At the same time, the tentative measures that countries are taking to reduce their dependency on the dollar show they are anticipating that a post-America era is in the making. This trend is bound to strengthen now that the U.S. is regarded as an increasingly fickle opponent and unpredictable ally.

DYI: 

There is no doubt the pull away from the American dollar has begun; however we are only at the beginning of the beginning!  Think of England when they were at their pinnacle for their currency during our American civil [or war of Northern Aggression] any basic thinking British or American citizen would know that the handwriting was on the wall.  Once America’s war was over the industrial revolution already in place would go into high gear.  Be as that may have been, it would not be until the 1930’s the world’s countries accepted the U.S. dollar over the British Pound.

In the meantime gold and silver should be accumulated during any dips in price.  We may experience in the short term a deflationary smash or at least downturn hopefully pushing down the price for metals.  America in the end will do what all ageing superpowers do when their backs are up against an economic wall….They’ll attempt to print their way out causing growing inflation.  Gold/Silver bullion or coins along with their respective mining companies will flourish while U.S. stocks will decline and stagnant with interests rates playing catch up to ever higher and higher inflation.

DYI