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USD - How far?
Posted By: Dieter In Response To: Re: Gold--and the dollar...Hugo (billward)
Date: Wednesday, 7 May 2008, at 2:48 a.m.
The Fed is feulling world wide inflation with their rate cuts.Commodity prices won't come down , yes there will be volatility on both sides , but the current medium to long term trend won't change soon.
Stagflation in a defenite and the credit crunch is far from over.The USD is going to hit 2$ to the Euro within the next 12 months , maybe sooner.
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