We are likely to enter severe currency wars very soon. This means that the race to the bottom between the currencies will accelerate starting in 2014. The dollar is most likely to be the leader to the bottom but the yen is also a strong contender.
The chart below shows how all currencies are collapsing against real money or gold since the creation of the Fed in 1913. All the major currencies are down 97-99% against gold in the last 100 years. So there is not far for them to reach their intrinsic value of ZERO. This is virtually guaranteed to happen in the next few years.
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