The Flight to Safety and the Dollar Rally

September 26, 2011

Jack Crooks sees the slide in gold, copper, the Australian dollar and the Brazilian real as a flight to liquidity, caused by economic uncertainty and a lack of more Fed stimulus. He says this could be the start of a major shift into the U.S. dollar.

{ 3 comments… read them below or add one }

1 Frances September 28, 2011 at 8:50 am
On Aug 27th, jack said the dollar was a “dog”???…

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2 Aspen December 21, 2011 at 8:19 pm
That’s the best answer by far! Thanks for ctonirbtuing.

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3 fzxcnpwghh December 22, 2011 at 6:50 am

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