E.D. Hart

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  • 8 Ways to Profit if OPEC Dumps the Dollar
    Excellent article. I continue to find the optimists with heads in the sand amusing as I look at data that shows the lost decade of equities even more lost after factoring in the decline of the dollar. Most people dont even know how much the dollar's decline has cost them. Many dont know we are in a bear market with bull rallies, which is interestingly the inverse of the bull market in commodities with a current bear correction. This author has exactly the right idea...but he is ahead of his time and many are not ready for his message. Only in hindsght will people look for an explanation of what happened to US dollar hegemony. The British at the turn of the century also thought that the "sun never set on the British Empire" only to see their currency lose its status of worlds reserve. Arrogance is not wise.
    Aug 12 19:30 pm |Rating: +1 0 |Link to Comment |View article

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