Thanks for filling in the blanks about the history, and possible future fate, of the U.S. dollar in the world of currency trading.
It’s not that I am particularly interested in the history of the U.S. dollar and it’s role over the years. But I am particularly interested in the future purchasing power of our present holdings in phyzz and in PM-related equities. My outlook for the future of these holdings involves expectations that reverse back and forth between a hopeful future and a grim one. My current viewpoint in this wavering cycle is one of strong optimism that global forces, involving especially Russia and China’s attitudes and actions towards precious metals, will determine the global role of the U.S. dollar, and that if we can hold on to our present PM-related holdings then these assets are going to have acceptable purchasing power in the future rather than holding these assets in fiat form.