FOR the Singapore traveller, making a beeline for the United States for Christmas shopping may make dollars and sense.

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There is no doubt that cash rich nations such as PRC and the Gulf oil states are seeking ways to diversify out of the USD. The move will take decades but the impact on sentiment and demand for USD is already being felt in the exchange rates.

What will replace the USD is one reason why the transition will take time - there is no clear replacement currency.
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the strength of the dollar is reflecting the state of it's economy while the yuan is grossly undervalued.

A popular saying : those who are declared dead lives longer.

Who is the moron who wrote this article? The dollar is dead. It is now still the medium of exchange but the writer obviously has not been observant of the trends. He either is not the sharpest tool in the shed of hes just a shill for the dollar.

The USD will not die. It will just fade away.

Ask yourself..

Why does the US has the highest GOLD Reserves than any country in the world in its entire history ?

Why does it has the lowest currency reserves,... if there is any left ?

Why is GOLD creeping up , when stock market and economy is turning round ?

If you know the answer , you should know where we are heading ....

Originally Posted by fcxiao

The USD will not die. It will just fade away.

YES ! It will slowly but surely erode and fade away as they are not worth the paper they are printed on.

Why you may ask ? Well ..... take a look at this link and you will understand.

http://www.usdebtclock.org/

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Useful link !