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Gold/Mining/Energy : Big Dog's Boom Boom Room

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CommanderCricket

elmatador

Fiscally Conservative

isopatch

To: Fiscally Conservative who wrote (187400)	12/22/2014 4:25:44 PM
From: JimisJim	4 Recommendations Read Replies (2) of 206093

In a sense, US$ has become the "commodity" of choice in a world flush with them... almost all other currencies are *perceived* to be risky at the moment... and as always, perception (right or wrong) is reality in the market place. If the washout in "hard" commodities continues, and much of the developed world slips into deflation (even temporary, short term), then the US$ will continue to soar. It would be interesting to view a graph of the price of oil overlaid on the US$ -- I would not be surprised to see an almost 1:1 reverse correlation.

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