The Dollar Awakens from its Four Month Slumber…
After four months or so of trading in a tight range, it seems like the dollar is well and truly on the move! Of course, there is no guarantee that this will continue over the coming weeks and months, but nevertheless we think that it’s important to understand the ironic and paradoxical reasons for a strengthening dollar (against some of the other sinking currencies of the world). Rather than repeating what has been said here on greshams-law.com over the past few months, I thought I’d present a few articles that may be of interest now that the dollar is on the rise!
In chronological order:
- Some thoughts on the dollar & weekly Federal Reserve charts. [24/6/11]
- A few thoughts on currency speculation, the dollar & the breaking correlation between the euro and gold. (♥) [28/7/11]
- Can this revulsion with the Federal Reserve note be sustained over the weeks and months ahead? [12/8/11]
- If you debase the dollar, you debase them all! (♥) [1/9/11]
Recommended: Charting the Federal Reserve's Assets - 1915 to 2012