I would rather be holding US Dollars right now over any other world paper currency. Just look at the USD outperform every world currency since the beginning of the year as the demand for dollars is running off the charts. This being fueled in part by fears of Europe cancelling its currency and the IMF even talking about launching a program to address the global shortage of dollars! The fact that the IMF is talking about providing a backup to the Fed’s campaign to help Central banks but creating a repo market for them to get dollars shows just how incredible the shortage of US dollars is. Yep, give me US dollars any day in our current environment. This could create a great buying opportunity for US consumers to purchase audio gear for example being sold in Europe in the near future.
Opinions on the current market
I’ve been reading extensively, trying to narrow down the best option for a tube pre to add to my system. The nature of the hobby is such that I expect to try a few different options, so I’m curious about people’s opinions on the market right now. Figuring I’ll have to resell whatever i try, I’d like to ‘buy right’ now. I’m not by nature an equipment flipper, but there are just too many possible options to expect to get it right first time. Anyone else looking at prices now, with informed opinions of whether the market is good or not for a buyer?
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- 40 posts total
- 40 posts total