Weak dollar?
QEII
No more calls, folks. We have a winner. Commodities aren't necessarily rising. It's the dollar that's falling. Thanks to The Ben Bernanke.
L
Both. Nuff said. No need for a huge analysis.
Except for a way to "fix" it. I say, start with getting BHO out of the WH.
Weak dollar?
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The dollar is not weak relative to other currencies because all countries are printing their respective currency 24/7.
The result of increased phony money is that it has to go someplace.
Right now the newly printed money is going into things that are relatively scarce—copper, gold, oil.
I am not sure why it is going into wheat, corn, cotton etc as there does not seem to be a worldwide shortage.
But maybe the money folks are betting on global cooling and the impact it could have on foodstuffs.