The Currency Graveyard: The End of the Dollar Standard [INFOGRAPHIC]

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The Currency Graveyard: The End of the Dollar Standard [INFOGRAPHIC]

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So what do you think? Is the end of the dollar standard near and will a new reserve currency be adopted?  We can all hope hard and honest money will replace the dollar, but looking at the history of collapsed currencies, the outlook does not look that great.  Along with the dollar coffin, I have included a few collapsed currencies in the graveyard as well: Zimbabwe, Venezuela, Russia, Romania and Ukraine.  Though our economy is more complex, it does not make us any more immune to the inevitability of fiat currency collapses.
If the treasury bond bubble bursting doesn’t occur soon or a squeeze in precious metals isn’t in the near future horizon, news from foreign countries may be enough to cause the end to the dollar as the world reserve currency. Whatever the final straw is, the death of the dollar is near.

 

Morningstar Investment Conference: Gabelli Funds On Where To Invest Amid Inflation

InflationNumerous news headlines have trumpeted major concerns about inflation, which has been at 40-year highs. But how should investors handle inflation as it pertains to their portfolios? At the Morningstar Investment Conference on Monday, Kevin Dreyer, co-CIO of Gabelli Funds, outlined some guidelines for investing in the age of inflation. Historic inflation Dreyer started by Read More

 

Via The Austrian Insider

The Currency Graveyard: The End of the Dollar Standard

The End of the Dollar Standard Infographic

Infographic source: Goldsilver.com

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