US Dollar Collapse Unlikely: Rising Dollar In The Short Term

There’s been a lot of talk about the death of the U.S. Dollar lately.

Ben Bernanke’s seemingly endless money printing campaign may indeed spell doom for dollar holders in the long run. In fact, some investors are convinced the dollar is going the way of the do-do bird.

Famous investors Jim Rogers, Marc Faber, and Peter Schiff think the dollar is eventually headed down the economic toilet.
Judging by recent currency trading action, they may be right…

U.S fiscal uncertainty put the greenback under pressure for most of the summer. The U.S. Dollar Index has been sliding steadily from June all the way through early November.

But that’s just part of the story…

The falling dollar has pushed commodity prices skyward. Precious metals are surging and oil was pushing $90 not long ago. Since the dollar is the reserve currency, nearly everything priced in it has seen quite a jump.

Given all the negative news, one would think a dollar collapse is imminent. Such a scenario would send the price of nearly everything into the stratosphere in a matter of weeks. (more)