A Contrary Opinion From Forbes Online

Contrary to Forbes' usual editorial policy, that is. Before featuring five hard-asset plays from various gurus, two of which are senior gold producers, author John Dobosz has this to say about the greenback:

For most of the past decade, and particularly since 2002, the value of the U.S. dollar has been trending lower against major world currencies, and against gold and baskets of many commodities. Even though the dollar has experienced a respectable rally since late last November, its bounce has not changed the long-term downtrend.

Dollar bears argue that low interest rates and an inflationary impulse in Fed policy spell continued weakness in the dollar--if not against other currencies, surely against gold and other commodities. Real estate, despite the horrific crash that precipitated the financial crisis, could also be a place to seek shelter from a tumbling buck....

The rest of the article - the picks and the rationales behind them - is here.