Shown below are the worlds major currencies vs Gold .
Note the lower you are on the graph the more gold your
currency buys . So being low means a strong currency .
Kindly note that the Japanese Yen is doing best of all . That is insane .
A country whose ratio of debt to GDP is around 200% with a Fukushima-ed
economy and it is more highly valued than say the Canadian Dollar !
I can tell you that if I worked for the Japanese Central bank I would furiously
converting $Yen to gold with both hands .
The Canadian Dollar
I think US citizens should consider watching the Canadian Dollar .
It is likely to plunge due to falling commodity prices and if so it may
represent very good value for those wishing to escape from USD$ .
The problem is of course to pick a market bottom .