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Euro: Safer than the U.S. Dollar?

Axel Merk, Senior Market Strategist, June 21, 2011 11:12pm GMT

Which one is safer: the euro or the U.S. dollar? Before jumping to a conclusion one way or the other, let’s look at different sides of the respective coins. We have been warning for years that there may be no such thing anymore as a safe asset and investors may want to take a diversified approach to something as mundane as cash. We believe Greece has rather serious issues, but concerned investors may want to take a closer look at their dollar holdings for potential “contagion” risks. Let us explain…

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http://www.caseyresearch.com/articles/euro-safer-us-dollar

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