Damon Vickers who was just on Glen Beck show (fate of the Dollar)
The dollar will get "utterly destroyed" and become "virtually worthless", said Damon Vickers, chief investment officer of Nine Points Capital Partners."We don't have resources. Neither does a lot of Asia to be quite frank," Vickers said on CNBC's Asia Squawk Box. "Countries that have resources -- the Brazils, the Canadas, Australia -- their currencies are doing well."Vickers noted that their stock markets have done the best year-to-date."They have stuff. They've got resources. They export real things. The United States exports 'promises' and 'pretty paper'," he added.Australia's S&P/ASX 200 has risen 23% this year alone compared to a 14% gain in...
Original Article: Forum: News/Activism
Tags: Asia, Asx 200, Australia, Capital Partners, Chief Investment Officer, Cnbc, currencies, Damon Vickers, Dollar, Fate, Glen Beck Show, Investment Capital, Lot, Pretty Paper, Promises, Squawk Box, Stock Markets, United States Exports, X26, X27