Thursday, September 23, 2010

Significant Technical Damage In The Dollar Going Unrecognized

Has anyone noticed significant technical damage to the dollar amid all the election rhetoric and Administration reshuffling confusion? A weak currency is good for everyone, right? If there was a time for a "line in the sand" currency intervention, it would be now.

Gold is neither blind nor bubble-like to this technical reality.

U.S. Dollar Index ETF (UUP):

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