Archive for November 5th, 2009
Central Banks Prop Up Dollar – 959th Edition
By all accounts, the decline of the US Dollar has been measured, and without incident. This, despite the fact that most investors reckon the Dollar is doomed, both from a long-term and a short-term perspective. What, then, is preventing an all-out collapse?
Personally, I think the best answer is that Central Banks (and their sponsoring governments) [...]
