19 February 2009

Gold and Dollar, Rising Together

"The rally in the US dollar and gold is telling the market that investors are worried about global economic stability outside of the US and therefore they are preparing for the worst".

Please continue to read here for Kathy Lien's interesting article on the concurrent rise in gold and USD and its implication.


* BT(Singapore): Beijing will increasingly use its USD2T in foreign exchange reserves to support domestic growth and to finance the overseas expansion of Chinese companies.

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