Monday, September 12, 2011

Time to buy the dollar?

Tough to say, but its a good hedge against gold and the Euro.

Don't sell your inverse gold ETF just yet.
Holders of the Euro need to get out of that currency ASAP- where are they going to go?
Gold, Dollars and Treasuries.

Citizens in the Euro zone with savings denominated in Euro's have to be looking at buying dollars or gold just in case the Euro crashes the buying power of their cash holdings.

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