| From Cnbc.com: The Federal Reserve is flooding the world with dollars as a way to keep American exports competitive, Cramer said Thursday. With the trade barriers keeping many of our products out of our trading partner’s countries, while at the same time imports from overseas keep flooding into the US, Chairman Ben Bernanke may think he has no choice.
His plan has been the topic of discussion at this week’s G-20 meeting, as other countries complain about the move. Regardless of the strategy’s merits, though, it’s doing a number on the greenback’s value, which is why Cramer thinks investors should own another currency as a hedge. “Buy gold,” he told viewers during Thursday’s “Mad Money.”.............................................Full Article: Source
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