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A rising dollar lifts the U.S. but adds to the crisis abroad

Posted on 09 March 2009

From Nytimes.com: As the world is seized with anxiety in the face of a spreading financial crisis, the one place having a considerably easier time attracting money is, perversely enough, the same place that started much of the trouble: the United States.

American investors are ditching foreign ventures and bringing their dollars home, entrusting them to the supposed bedrock safety of United States government bonds….. Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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