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  • Forget About a V-Shaped Recovery. Maybe a W. Or L. And What About $? [View article]
    The dollar is still stronger than the currencies it is being compared to. I would expect the dollar to continue to go up as the dust from last week settles.

    Gold is so sentiment driven that it is useless as a barometer of real value of a currency. It has no utilitarian value so it is not tied to economic values at all. The survivalists are right. If you really want to hedge buy something that has durable utility.

    There is no way I'd buy something as useless as gold.
    Sep 20 12:47 pm |Rating: 0 0 |Link to Comment
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