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  • Currency ETFs: The Euro is 'So' Yesterday [View article]
    The U.S. economy continues to deteriorate, despite the current optimism or prevailing sentiment. Currencies are into "competitive devaluation," so if the dollar looks good, that might be merely against some other limp contenders. China is another inflating economy. I wouldn't bet *against* China, but I wouldn't necessarily bet with it.

    Gold is undergoing a normal and in fact mild correction--aka a consolidation. You can do no better than to place your money on gold--physical first, then GLD, then some of the stocks. Gold hasn't even taken off yet, much less topped out. Nor has the dollar truly bottomed. The big question: Which comes first, the elections or the next horrendous U.S. financial crisis?

    You can't say it's dull.
    May 13 19:26 pm |Rating: 0 0
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