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Urbane Gorilla!'s
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You'd think the devaluation of other currencies would punish the dollar. After all, we don;t have that much further to devalue, whereas other currencies still can move down quite a lot comparatively.
Nov 09 16:08 pm
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All Comments by Urbane Gorilla! »Picture This: Currency Trends [View article]
China has just announced a massive $600 Billion 2 year stimulus package. (Massive in comparison to their economic size vs the US.) .. Even though they have problems that we don;t seem to address here in the US, they still have us beat for GDP growth and they actually do have an internal market and are reaching out mutually to many other economies. (Just take a look at their recent ties with Russia)...
Jim Rogers says he is the worse market timer. Maybe he finally has it right.
jegan ;-)