Last week, I had posted on how the euphoric gold hype was really just a proxy for a weak dollar investment and there are more highly correlated and efficient means to exploit currency changes than buying an anachronistic, useless metal. Additionally, there’s talk of a dollar crisis and what it portends for commodity prices. When […]
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There’s been much fanfare made of gold breaking an all-time high in US Dollar terms, even though the dollar has declined precipitously against virtually every foreign currency (so it’s not really appreciating that much in terms of other global currencies), but the trend is your friend and if you’re a momentum trader or fear inflation […]
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