Jerry Dill

Weekly Market Commentary: June 16th - June 20th

You are right, commodities is the way to go right now. Gold has always proven to do well when there are high inflationary periods and it seems like the other commodities seem to be faring well in the poor economy.

Intense Inflation Pressure: Fed, Bank of England Have Their Hands Tied

This has been a problem for a while. While inflation is increasing we are seeing a recession and it is killing the dollar as we fight the inflation rather than the recession.

I think in the global scheme of things we need to look at the inflationary problem which continues to consume the American dollar.

The death of the american dollar does have one positive. It will now be better for businesses who sell goods overseas and operate in the US. Their goods look cheaper to Overseas companies with a currency that has better value, especially the euro and pound.