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Tuesday, December 8, 2009

USD Making a comeback

US dollar is making a comeback, the question is, can equities levitate?

US Dollar chart for the last 6 months, the dead dollar may be rising again. As a US citizen, I am happy if this trend continues, my life savings is more secure. But any long equity investments are in jeopardy.

Natural resource plays, such as gold, are also in jeopardy, hence my exiting a week or so back.

From WebSufinMurfs FinancialBlog2

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