Friday, June 27, 2008

Strong US Dollar Policy? Where is the beef?

Let's start with the P&F chart, which is a great way to cut out the market noise and see what prices are really doing. With the P&F chart, notice the dollar has been dropping since 2001. Combine that with the fact the US experienced an expansion starting at the end of 2001 and you get an idea for how deep the problems with the dollar go.

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