Amero currency

[Deputydog]

Hi, i hope all is well.

I was wondering what people thoughts are on the Amero currency effect on gold and silver prices.

The Amero is a hypothetical common currency that would replace the Mexican Peso and the U.S. and Canadian Dollar.

I suppose it would depend on who produced the currency i.e. the fed or an actual bank.

Thanks

Deputydog

 

[Martlet]

Given the experience of the Euro, i cant see anyone seriously considering a currency union.  You have inherent divergence of economies, so monetary policy would be unable to meet the needs for Canada and Mexico.  It probably already fails for the US across all states.