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March 14th, 2009 • Related • Filed Under
February 27, 2009
What Will Happen if the U.S. Dollar is No Longer a Safe Haven?
During the last two trading days the U.S. Dollar has acted as if it is going through a transition period. Now that that the fear of bank nationalization has been squashed by Fed Chairman Bernanke and President Obama, the Dollar looks as if it could start to lose some of its luster as a safe haven economy. In my opinion the Dollar is beginning to look like the Yen was three months ago. In other words, …
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