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The greenback is set to continue to rise in 2012, says Morgan Stanley, helped by central banks...
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Monday, June 18, 2012, 3:47 PM ETThe greenback is set to continue to rise in 2012, says Morgan Stanley, helped by central banks adding to their dollar reserves, which rose to 62.1% of assets at December's end from 60.5% 3 months earlier. Morgan figures this has left the private sector $2T short of what it needs.
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(QQQ) action and China rate cuts would argue against major
upside especially if Gold Backed Euro Bonds come out for
EurWOEsis reported by BMO and Der Spiegel come to pass..
I can only stick with the REIT market, paying over 10%, and to buy gold at every dip. Read my prior posts, my tune has not changed. Remember, there is a difference between genius, and stupidity. Genius has its limits.
Don't be stupid, read the tea leaves, and get some PM related stuff. There will be an America, and will be food available, but will you have money to buy it with? Many will not, and therein lies the social problem heading our way.
Happy hoarding
Capt. Brian
The Lost Navigator