The US dollar is doing very well these days and is at 75.964 on the DX this morning, just a tiny fraction below 76. It is also doing particularly well against the Euro these days and will explode upwards against the Euro over the coming months as the European economies crumble further. Greece is near default on its debts and those problems are spreading throughout Europe. If you value the dollar basis on the amount of gold it will buy, the VALUE OF THE US DOLLAR HAS SOARED OVER 8% within the past few days.
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