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Why the US dollar slide may be a sign of real danger this time

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South China Morning Post/Anthony Rowley/8-3-2020

photo of U.S. one dollar bills rolling off the printing press“The rare event of a general depreciation of the world’s leading currency suggests a fundamental lack of faith that could sink financial markets and undermine the global economy. Recent events suggest the dollar could erode from within as the US retreats from international obligations and its domestic economy weakens.”

USAGOLD note:  Increasingly, deep thinker analysts and economists are embracing the idea that the dollar’s role as a reserve currency and store of value is about to diminish – perhaps dangerously so.