US dollar crashing

[gambit]

Guys,

We were supposed to break apart back in Jun 2010 according to a Russian 'academic' and everyone jumped on that bandwagon.

 

[lem34]

Currency swap and barter trading are two good options but the implementation of either option is a very slow procedure. It might take decades for China to completely reduce her dependency from the dollar and that means 'may be' US dollar will crash after I am an old man and not any time soon...

I have never said its going down the tubes tomorrow. My position has always been since June last year is that it will it happen over 10 years or so. Sooner or later we will hit a tipping point. The writing is on the wall. The reason it does not happen over night is that China for example would lose out if it dumped overnight. Any of you that have worked in equity or currency markets should be able to confirm that if you have a large position to unwind you take your time or you get shafted