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  • How Can the Dollar Rally As Oil Soars? [View article]
    The US Treasury is willing to pour an unlimited amount of dollars toward support of Fannie and Freddie, dollar supply cannot shrink as needed to support the dollar.

    No country in the world would be willing to support the dollar if it meant a large jump in their inflation rates. Commodities must drop before a dollar appreciation can be allowed. A worldwide recession/depression would be a catalyst for such an event.

    Bill Gross guestimated a Trillion dollars worth of write offs for the US Banking sector, think the dollar will appreciate in the face of that?



    Jul 25 09:49 am |Rating: 0 0
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