- Where else will people park their money? In PMs? Sure. But you can't give PMs to your grocer to buy milk! (At least not in the SR!)
- In every crisis, money goes into the dollar.
- Yes, this time it could be different, in the intermediate-term, but in the first response to the crisis, the dollar will rise, as will Gold and Silver. And then, when dollar debt becomes an issue, gold and silver will rise even more. The dollar will still rise against the Euro, but maybe not against the Aussie, the Loonie (Canadian $), the Japanese Yuan and emerging market currencies.
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