15.12.2008 - A falling dollar could create a new gold rush
From Forexpros.com: UN economists are forecasting a very hard decline for the US Dollar in 2009 today. Considering that the USD rally has been extremely fast in 2008 and mostly concentrated in the last two quarters, a correction to the downside might not be too unexpected. The economists point to increasing federal indebtedness, overbought bonds, and bottoming out yields as evidence that the risk in the USD in 2009 is biased to the downside..... Full Article: Source
Print