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Commodities Briefing - Categorized | Currencies more

The dollar is a third-rate currency

Posted on 22 October 2010

From Hardassetsinvestor.com: To many investors’ surprise, the Yankee dollar’s earned only a third-place ribbon for its depreciation against gold over the past 12 months.
With all the recent hoopla and headlines about gold making new highs against the greenback, the destruction derby of the world’s reserve currencies is actually won by the euro, with sterling close behind……………………………………….Full Article: Source


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VRS - who has written 36970 posts on Opalesque Commodities Briefing.


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