THE INVEVITABLE DECLINE OF THE DOLLAR AS A WORLD RESERVE CURRENCY; THE POUND WAS THAT PREVIOUSLY, NOTHING LASTS FOREVER-SPREAD THE RISK NOW!

The weakening dollar is dying a slow death.

"It's clear where we're headed," says Niall Ferguson, author of The Ascent of Money. "Ten years from now there will be more than one international reserve currency," he tells Tech Ticker.

Ferguson dismisses the dollar loyalists, citing the British pound –the last international reserve currency - as his example. "These things don't last forever" but don't expect it to happen overnight. "It's a long multi-decade process," he states. Even with the dollar near a 14-month low against the Euro, he claims it's not without historical precedence for the greenback to lose "another 20%" this year.

For international investors the lose is enough to offset this year's stock market gains. Not exactly, great motivation for foreigners to keep buying the almighty dollar.

The best way to prepare for this event is to have a diversified portfolio of assets including a basket of other strong currencies as a hedge such as the euro, for instance of hold assets such as real estate in other countries.

recently it has been reported that there is such a shortage of houses for sale in London, that realtors have NO INVENTORY to sell! House prices are at an all time high!

But then again, if you have no ability to leverage a purchase in the USA housing market, it may be tougher to leverage a foreign purchase.