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  By Prieur du Plessis, on December 19th, 2008 posted in: Investment, Markets, Money  6 people had their say - chime in!
Since the credit crisis started intensifying, the dollar benefited from a global flight to safety in US Treasuries and a scramble for dollars to repay USD-denominated debt. But more recently, US-specific worries caused the dollar to reverse the uptrend that had commenced in July. This post discusses the outlook for the greenback against the background of Bernanke & Co. pursuing an “inflate or die” approach to rescuing the ailing US economy and fending off the forces of deflation. [...] More on this topic (What's this?) Will the Dollar Be Replaced As a Reserve Currency? (Investment U, 5/3/12) The Death of the Dollar (Learn Mining News, 4/26/12) USD Rally Continues (Jutia Group, 5/9/12) By Prieur du Plessis, on December 19th, 2008 posted in: Investment, Markets, Money 2 people had their say - chime in!
Consider that one year ago Royal Bank of Scotland paid US$100 billion for ABN Amro. Guess what that seemingly impossible amount would now buy … [...] |
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_4.gif)
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