"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Tuesday, January 3, 2012

Dollar Demise Refuted w/ 13% Gain

Dear asset owners... this is the headline you want.  A case can be made that 2011 was all about reestablishing confidence in the USD and clearing out all the inflation bull touts and 'death of the dollar' cultists.

Dollar Demise Refuted With 13 Percent Gain since 2008

Play the game my friends.

Here is a robot giving you some breadcrumbs to follow.  Do you think it is wise to follow the trail he lays out?

“The safe-haven function of the dollar is still alive,” said Achim Walde, head of global fixed income and currencies at Deutsche Bank AG’s Cologne, Germany-based Sal. Oppenheim private-wealth manager, which oversees 3 billion euros ($3.9 billion). “The dollar will be strong in 2012,” he said in a telephone interview on Dec. 29.

http://www.biiwii.blogspot.com
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