Bad Sign for the Buck? Dollar Not Rallying on Crisis

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Sentiment on the dollar is in the tank – and we’ve got a pretty decent crisis on our hands in the Middle East. So you’d think with all the bad news already priced into the buck that this turmoil would be enough to send the dollar sprinting higher. Good guess…but thus far, an incorrect one! […]

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I have to admit, I thought the precious metals would get slammed today if the Fed announced anything less than $1 trillion in QE2.  And slammed they were, when the pitiful number of $600 billion was announced. However, both gold and silver rallied by the closing bell to pare down their losses, and both are […]

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